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2905 N Sherman Dr, Indianapolis, IN, 46218

6beds
2baths
1,882sqft
$120,000
$64price/sqft
$1,125/moest. monthly cost
$45,000/yrincome needed

About This Home

Rented for $1,200 a month. Two-story home offering 6 bedrooms and 2 bathrooms, providing a flexible floor plan for a variety of living arrangements. The property features a spacious backyard with both the front and back yards fully fenced. Ample parking is available off the alley, adding convenience for multiple vehicles. Possible 13 package, please see additional documents for details.

Getting Around

51
WalkingSomewhat Walkable
31
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

2/10
Arlington Woods School 99Grades PK-60.3 mi
1/10

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None

Bedroom2

  • Features: Other
  • Level: Main
  • Area: 152
  • Dimensions: 19x8

Bedroom3

  • Features: Other
  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedroom4

  • Features: Other
  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Bedroom5

  • Features: Other
  • Level: Upper
  • Area: 154
  • Dimensions: 14x11

Bedroom6

  • Features: Other
  • Level: Upper
  • Area: 143
  • Dimensions: 13x11

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Dining Room

  • Features: Other
  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Features

  • Attic Access
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,882
  • Total interior livable area: 1,882 sqft

Kitchen

  • Features: Other
  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Living Room

  • Features: Other
  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Master Bedroom

  • Features: Other
  • Level: Upper
  • Area: 176
  • Dimensions: 16x11

Property

Details

  • Parcel number: 490728121101000101
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,405 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$152$1,824
Property Taxes $183$2,196
Electricity $184$2,212
Total$1,125$13,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,571/yr
40% on housing$33,750/yr
45% on housing$30,000/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 46218$78
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46218$77
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-15Price change$117,500
2026-07-14Listed for sale$120,000
2026-03-06Listing removed$125,000
2026-02-24Pending sale$125,000
2026-01-06Listed for sale$125,000
2025-12-18Pending sale$125,000
2025-11-24Listed for sale$125,000
2025-11-19Pending sale$125,000
2025-10-20Listed for sale$125,000
2023-05-09Listing removed--
2023-03-01Listed for sale$120,000
2022-10-18Listing removed--
2022-07-20Listed for sale$120,000
2022-07-16Pending sale$120,000
2022-05-20Listed for sale$120,000
2021-03-24Listing removed--
2020-12-23Listed for sale$120,000
2020-03-12Listing removed$120,000
2020-02-14Listed for sale$120,000
2019-05-31Sold$18,500
2019-05-09Pending sale$21,900
2019-04-26Price change$21,900
2019-04-16Price change$23,900
2019-03-10Listed for sale$26,900
2018-12-10Sold$16,000
2014-04-11Sold$20,000

For Sale by Agent

AgentHeather Clemmons
BrokerageStarr Real Estate LLC

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