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5741 Sherman Avenue

Indianapolis, IN 46220

ActiveListed Nov 5, 2026 · 1 day on market

Key facts

Beds
4
Baths
2 full
Living area
2,486 sqft
Lot
0.68 acres
Year built
1953
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22135072
County
Marion
Subdivision
Wides 9th Add

About this home

Sip your morning coffee on the covered front porch beneath mature trees, or watch the seasons change from the bay window overlooking the park-like front yard. Inside, this fully renovated 4-bedroom ranch on .68 acre opens to a bright, open-concept living space where a wood-burning fireplace sets the mood for cozy nights in. Cook on the gas range while friends gather around the kitchen island, then carry dinner to a dining area with room for the whole crew. The primary suite is a true retreat, with a large walk-in closet and an updated bath featuring a frameless walk-in shower. Three more spacious bedrooms give everyone room to spread out. When the party grows, head to the second living area. This bonus room is perfect for game nights or a rec space, and it walks straight out to a fully fenced backyard made for cookouts, gardening, and play. An automatic gate from the driveway leads to the 3-car garage. Rest easy with a new roof, HVAC, electrical, plumbing, and sewer line. No HOA, and you're minutes from everything you love about Broad Ripple.

Description provided by the listing brokerage.

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice$/sq ft
Listed for sale$450,000$181 / sq ft
Sold$405,000$163 / sq ft
Listed for sale$410,000$165 / sq ft
Sold$240,000$97 / sq ft
Price cut$275,000 −5.2%$111 / sq ft
Listed for sale$290,000$117 / sq ft

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 5, 2026

Estimate your monthly payment

$2,801per month, estimated
Principal and interest $2,268Property tax $375Insurance $157
20% · $90,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), 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.

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Address
5741 Sherman Avenue, Indianapolis, IN 46220
County
Marion
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Listed at$450,000
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