Skip to content

115 N Sherman Drive

Indianapolis, IN 46201

ActiveListed Aug 24, 2026 · 16 days on market

Key facts

Beds
1
Baths
1 full
Living area
744 sqft
Lot
0.11 acres
Year built
1910
Type
Residential · Single Family Residence
Stories
One
MLS #
22120784
County
Marion
Subdivision
Bradley Etal E Wash St

About this home

INVESTOR PORTFOLIO AVAILABLE. Long-term tenants, established rental income make this an attractive buy-and-hold opportunity in a growing 46201. Great fit for an investor looking for a stable long term cashflow. Sold "as is". Can be packaged with 5210/5212 Burgess and 5202/5204 Burgess.

Description provided by the listing brokerage.

Interior

Windows
Vinyl WindowsWood Frames
Rooms
4
Main-level bedrooms
1

Exterior

Construction
Aluminum Siding
Foundation
Crawl Space
Style
CraftsmanBungalow

Systems

Heating
Gas
Cooling
Window Unit(s)
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$928 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$344per month, estimated
Principal and interest $250Property tax $77Insurance $17
20% · $9,900
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$49,500
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.