Pending139d on marketHistoric · 106 yrs
2868 N Sherman Dr
Indianapolis, IN, 46218 • Martindale-Brightwood • Marion County
$275,000
Down payment assistance available
6Beds
4Baths
0.32 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
Brightwood
Martindale-Brightwood
Market activity
Demand and pricing signals for this listing
30 views
People checking out this listing
1 saves
Buyers have saved this home
139 days on market
Established listing
About this home
Multi Family · Built 1920 · Historic
Excellent investment opportunity in the heart of Indianapolis! This duplex offers two spacious 3-bedroom, 2-bath units-each featuring approximately 1,848 sq. ft. of living space. Both units include large kitchens, generous living areas, and comfortable bedrooms, providing ideal setups for tenants or multi-generational living. The property sits on a sizable 0.32-acre lot (14,060 sq. ft.) and includes a basement for additional storage or utility space. Conveniently located near major highways, downtown Indianapolis, and local amenities, this Brightwood duplex combines accessibility and rental income potential. Whether you're expanding your portfolio or looking for a house hack opportunity, this property is a solid addition to any investor's lineup.
Standout features identified
Our analysis highlights comfortable bedrooms and large kitchens as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,722/month
Principal & Interest$1,356
Property Tax$275
Insurance$92
Down payment20% ($55,000)
3%50%
Est. 6.26% rate · 30yr fixed · $220,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
ParkingNo Data
Days on Zillow139 Days
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
StyleTraditional
ConditionUpdated/Remodeled
Year built1920
Stories2
Parking & Outdoor
Lot0.32 Acres
Location & Tax
NeighborhoodMartindale-Brightwood
Annual tax$4,972
Parcel490729156362000101
Listing insights
Market data and value estimates
StatusPending
Days on market139
Est. value$264,800
Est. rent$1,031/mo
Tax rate0.96%
On marketNov 20, 2025
PostedNov 20, 2025
Last sold$150,000
MLS statusPending
MLS updatedApr 3, 2026
Tour days6
Views30
Favorites1
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46218
Price history
24 events
DateEventPrice$/sqftSource
Mar 2, 2026Pending Sale$275,000—MIBOR as distributed by MLS GRID
Nov 20, 2025Listed For Sale$275,000—MIBOR as distributed by MLS GRID
Nov 12, 2025Listing Removed$299,000—MIBOR as distributed by MLS GRID
Sep 11, 2025Listed For Sale$299,000—MIBOR as distributed by MLS GRID
Aug 22, 2025Pending Sale$299,000—MIBOR as distributed by MLS GRID
Aug 6, 2025Listed For Sale$299,000—MIBOR as distributed by MLS GRID
Jun 1, 2025Listing Removed$275,000—MIBOR as distributed by MLS GRID
Feb 11, 2025Price Change$275,000—MIBOR as distributed by MLS GRID
Jan 2, 2025Pending Sale$299,900—MIBOR as distributed by MLS GRID
Dec 26, 2024Listed For Sale$299,900—MIBOR as distributed by MLS GRID
Nov 22, 2024Pending Sale$299,900—MIBOR as distributed by MLS GRID
Nov 7, 2024Listed For Sale$299,900—MIBOR as distributed by MLS GRID
Dec 21, 2023Sold$150,000—MIBOR as distributed by MLS GRID
Dec 15, 2023Pending Sale$175,000—MIBOR as distributed by MLS GRID
Dec 9, 2023Price Change$175,000—MIBOR as distributed by MLS GRID
Oct 25, 2023Pending Sale$187,500—MIBOR as distributed by MLS GRID
Oct 18, 2023Listed For Sale$187,500—MIBOR as distributed by MLS GRID
Oct 3, 2023Pending Sale$187,500—MIBOR as distributed by MLS GRID
Aug 3, 2023Listed For Sale$187,500—MIBOR as distributed by MLS GRID
Jul 3, 2023Listing Removed——MIBOR as distributed by MLS GRID
Apr 14, 2023Price Change$220,000—MIBOR as distributed by MLS GRID
Jan 30, 2023Price Change$255,000—MIBOR as distributed by MLS GRID
Dec 2, 2022Listed For Sale$292,500—MIBOR as distributed by MLS GRID
Aug 4, 2015Sold$7,877—Public Record
Pending Sale$275,000
Mar 2, 2026•MIBOR as distributed by MLS GRID
Listed For Sale$275,000
Nov 20, 2025•MIBOR as distributed by MLS GRID
Listing Removed$299,000
Nov 12, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$299,000
Sep 11, 2025•MIBOR as distributed by MLS GRID
Pending Sale$299,000
Aug 22, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$299,000
Aug 6, 2025•MIBOR as distributed by MLS GRID
Listing Removed$275,000
Jun 1, 2025•MIBOR as distributed by MLS GRID
Price Change$275,000
Feb 11, 2025•MIBOR as distributed by MLS GRID
Pending Sale$299,900
Jan 2, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$299,900
Dec 26, 2024•MIBOR as distributed by MLS GRID
Pending Sale$299,900
Nov 22, 2024•MIBOR as distributed by MLS GRID
Listed For Sale$299,900
Nov 7, 2024•MIBOR as distributed by MLS GRID
Sold$150,000
Dec 21, 2023•MIBOR as distributed by MLS GRID
Pending Sale$175,000
Dec 15, 2023•MIBOR as distributed by MLS GRID
Price Change$175,000
Dec 9, 2023•MIBOR as distributed by MLS GRID
Pending Sale$187,500
Oct 25, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$187,500
Oct 18, 2023•MIBOR as distributed by MLS GRID
Pending Sale$187,500
Oct 3, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$187,500
Aug 3, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
Jul 3, 2023•MIBOR as distributed by MLS GRID
Price Change$220,000
Apr 14, 2023•MIBOR as distributed by MLS GRID
Price Change$255,000
Jan 30, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$292,500
Dec 2, 2022•MIBOR as distributed by MLS GRID
Sold$7,877
Aug 4, 2015•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 8, 2024$2,076$209,500
Apr 8, 2023$2,033$87,500
Apr 8, 2022$1,497$86,100
Apr 8, 2021$1,371$64,900
Apr 8, 2020$1,398$59,200
Apr 8, 2019$2,213$59,200
Apr 8, 2018$2,423$56,800
Apr 8, 2017$1,185$50,500
Apr 8, 2016$1,957$50,500
Apr 8, 2014$1,001$46,300
Apr 8, 2013$1,041$46,300
Apr 8, 2012$1,041$46,200
Apr 8, 2011—$38,100
Apr 8, 2010$797$38,100
Apr 8, 2009$816$38,100
Apr 8, 2007—$41,300
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 14:58:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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