$230,000

3841 S Sherman Dr Indianapolis, IN 46237

$2,731
Closing credit¹
3 beds
1 full
2,800 sqft
0.4 acres
$82 / sqft
House

Property details

About 3841 S Sherman Dr

Charming Ranch-Style Home for Sale in Perry Township. This beautifully updated three-bedroom, one-bathroom home features a one-car garage and offers the perfect blend of comfort and modern convenience. After being refreshed in January 2022, it showcases a new roof, and water heater. The kitchen boasts new butcher block countertops and a brand-new stove, while the bathroom was also renovated in 2022. The full basement has been fully sealed and includes an interior drainage system, along with a new sump pit and sump pump-providing ample storage or potential additional living space. Enjoy the cozy fireplace, which has been resealed for your enjoyment. The one-car garage has recently been finished with drywall, offering extra workspace or storage options. For added security and convenience, the new front door features a keypad entry. This lovely home is ready for you to move in and make it your own! Don't miss out on this incredible opportunity-schedule a viewing today!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size2,800 sqft
BasementYes
Lot size0.36 Acres
Year built1952
MLS #22041017
FireplaceWoodburning Fireplce

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Gas Oven, Refrigerator, Washer, Gas Water Heater
  • Basement: Yes
  • Interior: Screens Some, Windows Wood
  • Fireplace: Woodburning Fireplce
  • Total Bedroom Count: 3
  • Exterior: Storage Shed
  • Architectural Style: Ranch
  • Heating: Forced Air, Natural Gas
  • List Price: $230,000
  • Price/SqFt: $82
  • Annual Tax Amount: $2,244
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1952
  • Living Area: 2,800 SqFt
  • Lot Size: 0.36 Acres
  • MLS Number: 22041017
  • MLS Name: MIBOR
  • Office Name: Keller Williams Indy Metro S
  • Office Email: team@rodriguez-realty.org
  • Listing Agent: Miguel Rodriguez

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 6/3/2025, 11:46:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

3841 S Sherman Dr, Indianapolis, IN 46237 - view of front of property with stone siding, concrete driveway, a chimney, a garage, and a yard

$230,000

3841 S Sherman Dr

$2,731

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 17, 2021
Home Sold
$125,000

Tax history

YearAssessmentProperty Tax
2023$184,400$2,244
2022$173,000$2,193
2021$158,200$1,608
2020$131,800$1,565
2019$123,800$1,386
2018$114,100$1,515
2017$121,000$1,465

History based on county public records data.

Nearby schools

3

South Grove Intermediate School

Public District 4-6

0.6 mi

851 S 9th Ave

3

Central Elementary School

Public District 2-3

0.9 mi

1000 Main St

3

Raymond F. Brandes Elementary School 65

Public District PK-6

1.4 mi

4065 Asbury St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,112. The majority of Indianapolis, IN residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

34%
<35k
48%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
19%
Single, with Kids
23%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
32%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • SoccerSoccer
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Dominos PizzaDominos Pizza
  • WingstopWingstop

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • NissanNissan

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Christian Adult ContemporaryChristian Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 3841 S Sherman Dr

The listing price of 3841 S Sherman Dr property is $230,000.

The property 3841 S Sherman Dr is a house located in Indianapolis, Indiana, 46237.

Active Listing: 3841 S Sherman Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3841 S Sherman Dr are: South Grove Intermediate School (GreatSchools Rating 3/10), Central Elementary School (GreatSchools Rating 3/10), Raymond F. Brandes Elementary School 65 (GreatSchools Rating 3/10), Beech Grove Middle School (GreatSchools Rating 7/10), Emma Donnan Elementary and Middle School (GreatSchools Rating 3/10), Southport Middle School (GreatSchools Rating 5/10), Beech Grove High School (GreatSchools Rating 2/10), Excel Center - University Heights (GreatSchools Rating 2/10), Victory College Preparatory Academy (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $2,244 (source: MLS/based on county public records data).

The last sale was on December 17, 2021 for $125,000 (source: MLS/tax record).

The property at 3841 S Sherman Dr has 3 bedrooms and 1 bathroom.

The property 3841 S Sherman Dr is 2,800 SqFt (source: MLS/tax record).

The year of construction for 3841 S Sherman Dr is 1952.

This home is located at 3841 S Sherman Dr in Indianapolis, IN and zip code 46237 in the University Heights neighborhood. This 2,800 square foot home, which was built in 1952, sits on a 0.36 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $230,000.

In May 2025 more than 300 listings in Indianapolis, IN were sold above the asking price. During the same period more than 315 listings were sold at asking price, while more than 544 were sold below. The number of homes for sale in Indianapolis, IN increased by 3.7% between April and May 2025. Listings spent 34 days on the market in May 2025, and had a median list price of $250,180 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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