Off Market5965d on marketHistoric · 101 yrs
2871 N Sherman Dr
Indianapolis, IN, 46218 • Martindale-Brightwood • Marion County
$54,000
$59/sqft
3Beds
920Sqft
0.32 acLot
1925Built
Property DNA
Character Home
Built 1925 · 101 years of history
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
5965 days on market
Established listing
$59/sqft
Price per square foot
About this home
Single Family · Built 1925 · Historic
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Estimated monthly payment
Based on current rates
$352/month
Principal & Interest$280
Property Tax$54
Insurance$18
Down payment20% ($10,800)
3%50%
Est. 6.75% rate · 30yr fixed · $43,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1925
HeatingOther
ParkingGarage - Detached
Lot0.32 Acres
Property
Home typeSingle Family
Year built1925
Systems
HeatingOther
RoofAsphalt
ConstructionFrame
Parking & Outdoor
ParkingGarage - Detached
Lot0.32 Acres
Location & Tax
NeighborhoodMartindale-Brightwood
Annual tax$451
Parcel490728121099000101
Features & details
3 categories of property features
Interior Features
Heating
Other
Exterior Features
Parking
Garage - Detached
Construction
Frame
Listing insights
Market data and value estimates
StatusOff Market
Days on market5965
Est. rent$1,091/mo
Tax rate0.96%
Price/sqft$59
Last sold$8,400
Tour days6
Views7
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46218
Price history
3 events
DateEventPrice$/sqftSource
Dec 8, 2009Sold$8,400$9Public Record
Oct 17, 2009Listed For Sale$8,900$10foreclosure.com
Jul 14, 2009Sold$6,610$7Public Record
Sold$8,400
Dec 8, 2009•$9/sqft•Public Record
Listed For Sale$8,900
Oct 17, 2009•$10/sqft•foreclosure.com
Sold$6,610
Jul 14, 2009•$7/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$451$54,000
Apr 9, 2023$415$69,100
Apr 9, 2022$336$69,900
Apr 9, 2021$307$55,900
Apr 9, 2020$173$52,300
Apr 9, 2019$185$34,100
Apr 9, 2018$269$35,000
Apr 9, 2017$214$30,700
Apr 9, 2016$89$26,100
Apr 9, 2014$106$26,000
Apr 9, 2013$118$25,700
Apr 9, 2012$118$25,600
Apr 9, 2011—$23,600
Apr 9, 2010$94$23,600
Apr 9, 2009$84$23,600
Apr 9, 2007—$25,700
Apr 9, 2006—$30,700
Apr 9, 2005—$29,400
Apr 9, 2004—$29,400
Apr 9, 2003—$29,400
Apr 9, 2002—$14,300
Apr 9, 2001—$4,770
Apr 9, 2000—$4,770
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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