1731 S Drexel Avenue, Indianapolis, IN 46203
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1731 S Drexel Avenue,Indianapolis, IN 46203
$157,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Single family
- Sold
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22101414
Source:IN_MIBOR
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Price summary
- Price:$157,000
About this home
1731 S Drexel Ave offers a move-in-ready opportunity for both owner-occupants and investors in a quiet residential neighborhood less than 5 miles southeast of downtown Indianapolis. This single-level ranch features 3 bedrooms, 1.5 baths, 1,008 sq ft, an attached 1-car garage, and a flat corner lot with a storage shed for added convenience. Recent updates include fresh interior paint, beautifully refinished hardwood floors in the living room, hallway, and bedrooms, professional deep cleaning including the windows, exterior trim painting, and more. The home offers a practical, efficient layout with a light-filled living room, dedicated dining area, galley-style kitchen with white cabinetry, new stainless steel gas stove, refrigerator, and dishwasher. The primary bedroom connects to the laundry area and half bath, creating a functional en-suite setup, while the full bath is easily accessible from the bedroom hallway. Central heat and air conditioning add everyday comfort. For owner-occupants, this is an affordable, move-in-ready home ideal for first-time buyers or those seeking easy single-level living. For investors, it is a turnkey rental with strong rent potential-Rentometer shows average area rent around $1,579, nearly achieving the coveted 1% rule-with additional upside through cosmetic kitchen/bath updates and exterior improvements such as fully enclosing the side and backyard. No HOA!...
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Home facts
- Year built:1965
- Listing ID #:22101414
- Added:48 day(s) ago
- Updated:July 08, 2026 at 07:22 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Flooring:Hardwood Floors
- Dining Description:Dining Combo/Living Room
- Kitchen Description:Disposal, Gas Oven, Refrigerator
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1965
- Lot Features:Corner Lot, Mature Trees
- Architectural Style:Ranch
- Construction Materials:Aluminum Siding, Stone
- Exterior Features:Fire Pit, Storage Shed
- Foundation Description:Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$157,000
Features and amenities
- Appliances:Refrigerator
- Amenities:Attic Pull Down Stairs
Parking
- Garage:Yes
- Garage spaces:1
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