For Sale229d on market
1137 S Drexel Ave
Indianapolis, IN, 46203 • Near Southeast • Marion County
$130,000
$181/sqft
Down payment assistance available
2Beds
1Baths
720Sqft
0.24 acLot
1948Built
Property DNA
Ranch Style
Built 1948 · 78 years of history
No Subdivision
Near Southeast
This home is getting attention
Listed 229 days ago · 223 views · 7 saves
Market activity
Demand and pricing signals for this listing
223 views
People checking out this listing
7 saves
Buyers have saved this home
229 days on market
Established listing
$181/sqft
Price per square foot
About this home
Single Family · Built 1948
Welcome to your charming new home! This beautifully updated two-bedroom, one-bath residence blends comfort and convenience, featuring modern upgrades completed in 2022. Enjoy spacious bedrooms with ceiling fans and generous closet space, plus a stylish custom shower/tub surround. The expansive yard includes both front and back decks-ideal for morning coffee or evening gatherings. Located just minutes from Irvington and downtown Indy, this property offers the perfect balance of tranquility and accessibility. With a little TLC, it's a fantastic opportunity for first-time buyers or savvy investors ready to add value and make it their own.
Estimated monthly payment
Based on current rates
$857/month
Principal & Interest$683
Property Tax$130
Insurance$43
Down payment20% ($26,000)
3%50%
Est. 6.88% rate · 30yr fixed · $104,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1948
HeatingForced Air, Natural Gas
CoolingCentral Air
ParkingNo Data
Lot10,454 sqft
Days on Zillow229 Days
Price/sqft$181
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1948
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionAluminum Siding
Water / SewerPublic
Parking & Outdoor
Lot10,454 sqft
Location & Tax
NeighborhoodNear Southeast
Annual tax$1,010
Parcel491016150011000101
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Interior
Attic Access
Eat-in Kitchen
Appliances
None
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Exterior Features
Construction
Aluminum Siding
Room details
4 rooms detailed
Master Bedroom
Main12×19 ft228 sqft
Bedroom2
Main12×11 ft132 sqft
Kitchen
Main9×7 ft63 sqft
Living Room
Main14×9 ft126 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market229
Est. value$124,700
Est. rent$983/mo
Tax rate0.96%
Price/sqft$181
On marketAug 22, 2025
PostedAug 22, 2025
Last sold$128,000
MLS statusActive
MLS updatedMar 17, 2026
Tour days9
Views223
Favorites7
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
12 events
DateEventPrice$/sqftSource
Aug 22, 2025Listed For Sale$130,000$181MIBOR as distributed by MLS GRID
Mar 14, 2025Listing Removed$124,000$172MIBOR as distributed by MLS GRID
Oct 7, 2024Listed For Sale$124,000$172MIBOR as distributed by MLS GRID
Oct 31, 2023Sold$128,000$178MIBOR as distributed by MLS GRID
Sep 28, 2023Pending Sale$135,000$188MIBOR as distributed by MLS GRID
Aug 21, 2023Listed For Sale$135,000$188MIBOR as distributed by MLS GRID
Jul 18, 2023Pending Sale$135,000$188MIBOR as distributed by MLS GRID
Jul 10, 2023Price Change$135,000$188MIBOR as distributed by MLS GRID
Jun 5, 2023Listed For Sale$140,000$194MIBOR as distributed by MLS GRID
Nov 14, 2022Listing Removed——Zillow Rental Network Premium
Nov 3, 2022Price Change$1,075$1Zillow Rental Network Premium
Oct 12, 2022Listed For Rent$1,100$2Zillow Rental Network Premium
Listed For Sale$130,000
Aug 22, 2025•$181/sqft•MIBOR as distributed by MLS GRID
Listing Removed$124,000
Mar 14, 2025•$172/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$124,000
Oct 7, 2024•$172/sqft•MIBOR as distributed by MLS GRID
Sold$128,000
Oct 31, 2023•$178/sqft•MIBOR as distributed by MLS GRID
Pending Sale$135,000
Sep 28, 2023•$188/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$135,000
Aug 21, 2023•$188/sqft•MIBOR as distributed by MLS GRID
Pending Sale$135,000
Jul 18, 2023•$188/sqft•MIBOR as distributed by MLS GRID
Price Change$135,000
Jul 10, 2023•$188/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$140,000
Jun 5, 2023•$194/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Nov 14, 2022•Zillow Rental Network Premium
Price Change$1,075
Nov 3, 2022•$1/sqft•Zillow Rental Network Premium
Listed For Rent$1,100
Oct 12, 2022•$2/sqft•Zillow Rental Network Premium
Tax history
20 years of records
YearTax paidAssessed value
Apr 8, 2024$404$107,000
Apr 8, 2023$1,589$61,900
Apr 8, 2022$1,151$67,300
Apr 8, 2021$922$49,900
Apr 8, 2020$826$39,800
Apr 8, 2019$753$35,000
Apr 8, 2018$735$31,600
Apr 8, 2017$732$33,100
Apr 8, 2016$685$31,600
Apr 8, 2014$690$31,900
Apr 8, 2013$767$32,500
Apr 8, 2012$767$34,200
Apr 8, 2011—$32,300
Apr 8, 2010$671$32,300
Apr 8, 2009$688$32,300
Apr 8, 2007—$34,200
Apr 8, 2004—$25,500
Apr 8, 2003—$25,500
Apr 8, 2002—$11,300
Apr 8, 2001—$3,400
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 08:33:07 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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