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(317) 778-2555

1940 N Drexel Ave, Indianapolis, IN 46218

$137,500

Charming, well-maintained one-story home with a cozy front porch and a well-manicured lawn at 1940 N Drexel Ave, Indianapolis, IN 46218

  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1440

  • Year Built

    1948

  • Days on Market

    2

  • $/SqFt

    $95

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16 Photos

  • Charming, well-maintained one-story home with a cozy front porch and a well-manicured lawn at 1940 N Drexel Ave, Indianapolis, IN 46218
  • View of a charming one-story home featuring a quaint front porch and lush green lawn at 1940 N Drexel Ave, Indianapolis, IN 46218
  • A cozy one-story home featuring a well-maintained lawn and a charming front porch at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Cozy living room featuring modern furnishings, stylish decor, and hardwood floors at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Inviting living room with stylish furniture, natural light, and hardwood flooring at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Comfortable living space featuring a sleek console table and hardwood floors at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Bright dining area with hardwood floors and contemporary furnishings at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Functional kitchen featuring modern appliances and ample counter space at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Clean bathroom with a shower-tub combination and modern fixtures at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Bright bedroom featuring hardwood floors and modern decor at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Bright bedroom with hardwood floors, natural light, and stylish decor with a comfortable bed at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Spacious backyard with fire pit, chairs, and picnic table great for outdoor gatherings at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Aerial view showcasing the property layout, surrounding landscape and proximity to neighborhood streets at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Wide aerial shot showcasing a residential neighborhood and community featuring homes with trees at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Aerial view showcasing a residential neighborhood and community featuring homes with trees at 1940 N Drexel Ave, Indianapolis, IN 46218
  • Aerial view showcasing a residential neighborhood with a mix of houses and tree-lined streets at 1940 N Drexel Ave, Indianapolis, IN 46218
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Home Description

Charming Modernized Home Near Little Flower & Downtown Indianapolis Discover this beautifully updated home featuring recent renovations, including a brand-new gas line, upgraded main electrical line, and modernized interior finishes. This property offers a spacious basement, perfect for additional storage or potential living space, along with a spacious backyard ideal for outdoor gatherings. Located near the highly sought-after Little Flower neighborhood and just 10 minutes from downtown Indianapolis, this home provides both convenience and charm. Currently tenant-occupied on a fully furnished month-to-month lease at $1,300/month, offering flexibility for investors or buyers looking for immediate rental income. The tenant is open to staying or vacating based on the new owner's preference. Don't miss this incredible opportunity-schedule your showing today!

  • Property Type: Single Family
  • Style: Bungalow
  • Basement: Full
  • Garage Spaces: 1
  • Acres: <1/4 Acre
  • Siding: Brick
  • Patio & Porch: Covered Porch
  • Fencing: Fence Full Rear

Available now at $137,500

Approximate Room Sizes / Descriptions

Kitchen09x07Main
Living Room16x11Main
Dining Room08x07Main
Primary Bedroom12x09Main
Bedroom 211x09Main
  • Interior Description: Hardwood Floors
  • Full Baths: 1
  • Num Fireplaces: 0
  • Appliances: Dishwasher,Dryer,Gas Oven,Gas Water Heater,MicroHood,Refrigerator,Washer
  • Eating Area: Dining Combo/Kitchen
  • Equipment: Not Applicable
  • Heating: Forced Air,Gas
  • Cooling: Central Electric,Window Unit(s)
  • : renaesellshomes317@gmail.com

Neighborhood

The average asking price of a 2 bedroom Indianapolis home in this zip code is $135,602 (1.4% less than this home).

This home is priced at $95/sqft, which is 17.4% less than similar homes in the 46218 zip code.

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$683*
  • Semi Annual Taxes:$1,373

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 778-2555 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$502,232
$415,000
19
0.0%
31.6%
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Butler Tarkington
$415,559
$315,950
22
0.0%
40.9%
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Downtown Indianapolis
$304,694
$199,950
64
0.0%
45.3%
177

Fountain Square
$343,340
$290,000
22
0.0%
63.6%
130

Irvington
$266,662
$225,000
87
0.0%
46.0%
80

Meridian Kessler
$596,532
$450,000
25
0.0%
36.0%
62

Listing Courtesy of eXp Realty LLC. For information or to schedule a viewing of this property (MLS# 22028785), call: 317-778-2555

1940 N Drexel Ave, Indianapolis IN is a single family home of 1440 sqft and is currently priced at $137,500 . This single family home has 2 bedrooms. A comparable home for sale at 3710 Roosevelt Ave in Indianapolis is listed at $160,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Airslie, Audubon Gardens and Home Lawn are nearby neighborhoods. MLS 22028785 has been posted on this site since 3/24/2025 (today).

2025

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