Sold236d on marketHistoric · 106 yrs
3940 N Drexel Ave
Indianapolis, IN, 46226 • Forest Manor • Marion County
$195,000
$91/sqft
4Beds
2Baths
2,151Sqft
0.36 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
Mendenhalls St Andrews
Forest Manor
2-Car Garage
Detached
This home is getting attention
Listed 236 days ago · 7 views
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
236 days on market
Established listing
$91/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 23% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1920 · Historic
Well maintained and remodeled home. Open floor plan with a beautiful kitchen with granite counter and a storage area for pot and pans. Home sits on a large fully fenced lot. The bedrooms are large with large walk-in closets. Extra storage space in the basement and a small room on the second floor that can be used as an office or spare room. New electric, plumbing, water heater, plank flooring and rain gutters. Conveniently located near public transportation and restaurants.
Estimated monthly payment
Based on current rates
$1,280/month
Principal & Interest$1,020
Property Tax$195
Insurance$65
Down payment20% ($39,000)
3%50%
Est. 6.83% rate · 30yr fixed · $156,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1920
HeatingNatural Gas
CoolingCentral Air
Parking2 Garage spaces
Lot0.36 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1920
Stories2
Systems
HeatingNatural Gas
CoolingCentral Air
ConstructionBlock, Vinyl Siding
Water / SewerPrivate
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementUnfinished
Lot0.36 Acres
Location & Tax
NeighborhoodForest Manor
Annual tax$2,350
Parcel490716104125000801
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Interior
Walk-In Closet(s)
Appliances
Gas Cooktop
Disposal
Gas Water Heater
Exhaust Fan
Refrigerator
Heating
Natural Gas
Cooling
Central Air
Laundry
In Unit
Exterior Features
Parking
Detached
Construction
Block
Vinyl Siding
Room details
8 rooms detailed
Master Bedroom
Main13×23 ft299 sqft
Bedroom2
Main13×10 ft130 sqft
Bedroom3
Main12×12 ft144 sqft
Bedroom4
Upper14×23 ft322 sqft
Dining Room
Main13×12 ft156 sqft
Kitchen
Main10×10 ft100 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market236
Est. value$198,200
Est. rent$1,675/mo
Tax rate0.96%
Price/sqft$91
On marketMar 24, 2025
PostedMar 24, 2025
Last sold$195,000
MLS statusSold
MLS updatedAug 20, 2025
Tour days6
Views7
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46226
Price history
9 events
DateEventPrice$/sqftSource
Aug 15, 2025Sold$195,000$91MIBOR as distributed by MLS GRID
Jun 17, 2025Pending Sale$210,000$98MIBOR as distributed by MLS GRID
Jun 17, 2025Price Change$210,000$98MIBOR as distributed by MLS GRID
May 22, 2025Price Change$220,000$102MIBOR as distributed by MLS GRID
Apr 24, 2025Price Change$230,000$107MIBOR as distributed by MLS GRID
Mar 24, 2025Listed For Sale$259,900$121MIBOR as distributed by MLS GRID
Jul 21, 2022Sold$85,000$40MIBOR as distributed by MLS GRID
Jul 12, 2022Pending Sale$85,000$40MIBOR as distributed by MLS GRID
Jul 8, 2022Listed For Sale$85,000$40MIBOR as distributed by MLS GRID
Sold$195,000
Aug 15, 2025•$91/sqft•MIBOR as distributed by MLS GRID
Pending Sale$210,000
Jun 17, 2025•$98/sqft•MIBOR as distributed by MLS GRID
Price Change$210,000
Jun 17, 2025•$98/sqft•MIBOR as distributed by MLS GRID
Price Change$220,000
May 22, 2025•$102/sqft•MIBOR as distributed by MLS GRID
Price Change$230,000
Apr 24, 2025•$107/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$259,900
Mar 24, 2025•$121/sqft•MIBOR as distributed by MLS GRID
Sold$85,000
Jul 21, 2022•$40/sqft•MIBOR as distributed by MLS GRID
Pending Sale$85,000
Jul 12, 2022•$40/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$85,000
Jul 8, 2022•$40/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,351$99,100
Apr 9, 2023$465$99,100
Apr 9, 2022$355$97,700
Apr 9, 2021$71$90,200
Apr 9, 2020$65$75,000
Apr 9, 2019$95$68,100
Apr 9, 2018$130$71,800
Apr 9, 2017$166$74,000
Apr 9, 2016$158$71,500
Apr 9, 2014$113$75,100
Apr 9, 2013$33$75,100
Apr 9, 2012$33$63,600
Apr 9, 2011—$62,200
Apr 9, 2010$20$62,200
Apr 9, 2009$30$63,900
Apr 9, 2007—$66,100
Apr 9, 2006—$62,400
Apr 9, 2005—$47,800
Apr 9, 2004—$47,800
Apr 9, 2003—$47,800
Apr 9, 2002—$21,300
Apr 9, 2001—$7,100
Apr 9, 2000—$7,100
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 2026-04-09 09:32:46 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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