Skip to content

41 S Sherman Drive

Indianapolis, IN 46201

ActiveListed Aug 8, 2026 · 2 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,671 sqft
Lot
0.12 acres
Year built
1915
Type
Residential · Single Family Residence
Stories
Two
Garage
1 space
MLS #
22119115
County
Marion
Subdivision
Long & Harlans E Washington St
Total building area
2,763 sqft

About this home

There's something special about a home that makes everyday life feel a little easier-and this wonderful Near Eastside bungalow does just that. With three bedrooms, two bathrooms, and a welcoming open floor plan, there's room to spread out, gather together, work from home, or simply enjoy the comfort of having a space that adapts to the way you live. Set in a vibrant neighborhood with protected bike lanes along the Blue Line Rapid Transit corridor, this home puts connection and convenience right outside your door. Enjoy being perfectly positioned between downtown, Irvington, Fountain Square, and the Bottleworks/Factory Arts District, making it easy to head out for dinner, meet friends, explore local shops, or enjoy all that Indianapolis has to offer-then come home to your own comfortable retreat. Inside, thoughtful updates blend modern style with everyday livability. Updated flooring, light fixtures, and hardware add a fresh, polished feel throughout. The kitchen is a true gathering space, featuring stunning quartz countertops and new appliances-ready for everything from quiet morning coffee to evenings spent cooking and connecting with the people you love. The basement offers a clean slate and another opportunity to make the home uniquely yours. Imagine a dedicated playroom, home office, creative studio, workout space, movie room, or simply a flexible area that grows and changes with your needs. It's ready to become whatever makes life work best for you. Upstairs, reworked ductwork improves airflow, making the additional living space more comfortable year-round. Newer mechanicals offer something every homeowner values: peace of mind and confidence in the home you're investing in. Whether you're looking for your first home, a place to grow, or simply a home base close to everything, this bungalow offers more than just a great location and beautiful updates. It offers the opportunity to build a life that feels connected, comfortable, and distinctly your

Description provided by the listing brokerage.

Interior

Appliances
DisposalGas Water HeaterElectric OvenRange HoodRefrigerator
Interior features
Attic AccessPaddle FanSmart Thermostat
Kitchen
Kitchen Updated
Other rooms and areas
Bedroom Other on MainLaundry in Unit
Basement
DaylightFullInterior EntryUnfinished
Laundry
In UnitIn Basement
Windows
ScreensVinyl Windows
Rooms
7
Main-level bedrooms
1
Condition
Updated/Remodeled

Exterior

Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Block
Style
Traditional
Parking and garage
Detached
Fencing
Partial

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
CurbsSidewalksStorm Sewer

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,302 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,431per month, estimated
Principal and interest $1,003Property tax $359Insurance $70
20% · $39,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$199,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.