When was property at 513 North Sherman Drive built and last sold?

The property at 513 North Sherman Drive was built in 1964 and last sold on Nov 10, 2023 for $0.

How much is this home worth?

The estimated value of the home located at 513 North Sherman Drive is $90,395.

What are some comparable homes to 513 North Sherman Drive?

There are currently no comparable homes to 513 North Sherman Drive.

Indianapolis

46201

Near Eastside

513 N Sherman Drive

1 / 24

Map

$143,066*

● House - Off Market

513 N Sherman Drive

Indianapolis, IN 46201

9 Beds

3 Baths

3698 Sqft

$80,000 - $90,000

Reference Base Price*

59.85%

Since Aug 1, 2017

National-US

Primary Model

Sold Nov 17, 2023

Transfer

A Place Called Home Residential Living Inc

Buyer

Toora Investments Llc

Seller

Sold Sep 22, 2023

Transfer

Toora Investments Llc

Buyer

Gorman Karl

Seller

About This Property

This property would be ideal for a home based business as the property was previously built out and used as a dental/medical office on the main or ground level while the basement level was used as the owners personal residence. There six rooms in the basement, not counting bathrooms, and at least fourteen rooms on the main level, not counting bathrooms.

The manager has listed the unit size as 3698 square feet.

Unit Size

3,698Ft²

Days on Market

Land Size

0.18 acres

Price per sqft

$24

Property Type

House

Property Taxes

$1,581

HOA Dues

Year Built

1964

Price History

Date / Event	Date	Event
Jul 7, 2020	Sold to Karl Gorman	$164,100
Sold to Karl Gorman
Jul 9, 2017	Listed	$89,500
Listed

Property Highlights

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 1988
Building Count: 1
Bedroom Count: 0
Building Condition: Poor
Building Quality: C
Construction Type: Brick
Exterior Walls Type: Brick
Floor Count: 1
Basement Area: 0
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 7,700

Total Building Area: 3,698
Gross Building Area: 3,790
Building Area: 3,790
Building Area Measurement: Gross Area

Heating and Cooling

Air Conditioning: unknown

Heating: unknown
Heated Square Feet: 3,698
Heating Fuel Type: unknown

Utilities

Sewer System: None

Water Service: None

Building

Building Type: Wood &/or steel frames

Property Class: Office
Subdivision: LOWES EAST MICHIGAN ST ADD
Land Acres: 0.177
Standard Land Use Code: Medical bldg/clinic
Legal Description 1: LOWES E MICHIGAN ST ADD L10 & 17FT S SIDE L9

Ownership

Current Owner : A PLACE CALLED HOME RESIDENTIAL LIVING INC

Previous Owner : TOORA INVESTMENTS LLC
Owner Before Previous Owner: GORMAN KARL
Ownership Rights Codes: Company/Corporation
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 354900

Zoning

Zoning: ZO01

Geography

Assessors Map Reference: 2338-D2

District: 0001
Section: 4015004
Parcel: 49-10-04-130-015.000-101
Lot: 10,9
Municipality: CENTER TOWNSHIP
Latitude: 39.7752
Longitude: -86.1017

Address

Full Address: 513 N Sherman Dr

Address - House Number: 513
Street Direction: N
Address - Street Name: Sherman
Address - Suffix Type: Dr
State: IN
City Name: Indianapolis
Zip Code: 46201

Valuation

Tax

Total Area: 3,698

Tax Year: 2022
Tax Amount: $2,766
Tax Rate Code Area: 101

Market Valuation

Market Total Value: $94,300

Market Land Value: $16,900
Market Improvement Value: $77,400

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $94,300
Assessed Land Value: $16,900
Assessed Improvements Value: $77,400

Sales

Current Sale Contract Date: Nov 10, 2023

Current Sale Recording Date: Nov 17, 2023
Current Sale Transaction ID: 11916264695
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 95852
Previous Sale Recording Date: Sep 22, 2023
Previous Sale Contract Date: Sep 15, 2023
Previous Sale Document Type: Warranty Deed

Redact Ownership Info

Comparables

122 North Kealing Avenue

In Contract

House

3 Beds

1 Bath

1,458 ft²

$67/ft²

$98,000 Jun 15, 2023

729 North Gladstone Avenue

In Contract

House

2 Beds

1 Bath

1,142 ft²

$88/ft²

$100,000 Jun 23, 2023

851 Eastern Avenue

Active

Land

Loft

$75,000 Jun 13, 2023

About Near Eastside

Stats & Trends

Median Asking:

$172,450

Sale Price/ft²

$133

Below Asking

0.04%

Average Days on Market

Average Home Size

1315 ft²

Average Home Age

88.4 years

Currently For Sale

67 Listings

Similar Homes for Sale

Unit for sale at 851 Eastern Avenue, Indianapolis, IN 46201

$75,000

Land

851 Eastern Avenue, Indianapolis, IN 46201 Listing by Kristin Schlesinger

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 913 North Bosart Avenue, Indianapolis, IN, 46201

$850 /mo

2 Beds
1 Bath
1,200 ft²

913 North Bosart Avenue, Indianapolis, IN, 46201 Listing by Maxwell Richter

Unit for rent at 118 North Linwood Avenue, Indianapolis, IN, 46201

$725 /mo

2 Beds
1 Bath
1,925 ft²

118 North Linwood Avenue, Indianapolis, IN, 46201 Listing by Maxwell Richter

Unit for rent at 416 North Linwood Avenue, Indianapolis, IN, 46201

$750 /mo

2 Beds
1 Bath
1,020 ft²

416 North Linwood Avenue, Indianapolis, IN, 46201 Listing by Evona Watson

Rentals Near You

Click here to view more rentals in the neighborhood.

513 N Sherman Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Near Eastside

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions