41 N Drexel AVE new Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,359 sqft
Price per Sqft $67
Subdivision Eastern Heights
MLS Listing ID 22057822
Bedrooms 3
Full Baths 1
Year Built 1913
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State IN
County Marion
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Equipment Smoke Alarm
Exterior
Exterior Feature Storage Shed
Garage Spaces 1.0
Utilities Available Cable Connected,Natural Gas Connected
Building
Story One,One and One Half
Foundation Block
Water Public
Structure Type Aluminum Siding,Brick
New Construction false
New Construction false
Schools
School District Indianapolis Public Schools