41 N Drexel Avenue, Indianapolis, IN 46201

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41 N Drexel Avenue,Indianapolis, IN 46201
$160,000
  • 3 Beds
  • 1 Baths
  • 1,456 sq. ft.
  • Single family
  • Active
Listed by:ziyi yang
Office:myl realty, llc.
MLS#:22057822
Source:IN_MIBOR

Price summary

  • Price:$160,000
  • Price per sq. ft.:$67.83

About this home

Well-maintained, tenant-occupied bungalow with numerous updates and great investment potential. Key improvements include a new sewer line (2019), new roof (2021), new window blades (2024), gravel around the foundation (2024), and a brand-new water heater (2025). The home features a fenced yard, detached 1-car garage, and plenty of outdoor space. Inside, the alcove off the living room provides an ideal spot for a home office. Relax on the front porch and enjoy the neighborhood atmosphere. The basement serves as a utility area but offers over 900 square feet of potential storage. Currently leased to a long-term tenant (since 2019) paying $1,050/month, with the lease ending May 31, 2026. This property presents excellent value as either a primary residence or an income-generating investment property. It is being sold as-is.

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Home facts

  • Year built:1913
  • Listing Id #:22057822
  • Added:1 day(s) ago
  • Updated:August 20, 2025 at 11:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,456 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1913
  • Building area:1,456 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$160,000
  • Price per sq. ft.:$67.83