$157,000
SOLD JUL 1, 2026
3 Beds
1.5 Baths
1,008 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: July 1, 2026

$156 Per Sq Ft

6% Below List Price

13 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • Corner Lot
  • Porch

About This Home

As of July 2026

1731 S Drexel Ave offers a move-in-ready opportunity for both owner-occupants and investors in a quiet residential neighborhood less than 5 miles southeast of downtown Indianapolis. This single-level ranch features 3 bedrooms, 1.5 baths, 1,008 sq ft, an attached 1-car garage, and a flat corner lot with a storage shed for added convenience. Recent updates include fresh interior paint, beautifully refinished hardwood floors in the living room, hallway, and bedrooms, professional deep cleaning including the windows, exterior trim painting, and more. The home offers a practical, efficient layout with a light-filled living room, dedicated dining area, galley-style kitchen with white cabinetry, new stainless steel gas stove, refrigerator, and dishwasher. The primary bedroom connects to the laundry area and half bath, creating a functional en-suite setup, while the full bath is easily accessible from the bedroom hallway. Central heat and air conditioning add everyday comfort. For owner-occupants, this is an affordable, move-in-ready home ideal for first-time buyers or those seeking easy single-level living. For investors, it is a turnkey rental with strong rent potential-Rentometer shows average area rent around $1,579, nearly achieving the coveted 1% rule-with additional upside through cosmetic kitchen/bath updates and exterior improvements such as fully enclosing the side and backyard. No HOA!

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 05/20/2026

Keller Williams Indpls Metro N

Last Buyer's Agent

Kristal Muñoz

REMAX ONE License #RB14042275

REMAX ONE
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1965

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Mature Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding
  • Stone

Interior Spaces

  • 1,008 Sq Ft Home
  • Paddle Fans
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Fire Pit
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Roundtree Park Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 491016117016000101
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,346

Year Built

Built in 1965

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1965
  • Building Area Total: 1008
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: Roundtree Park
  • Transaction Type: Sale
  • Website: http://www.1731sdrexel.com
  • Accessibility Features YN: No
  • Attribution Contact: peter@peterstewartrealty.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Disposal, Gas Water Heater, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Pull Down Stairs, Paddle Fan, Hardwood Floors
  • Living Area: 1008
  • Spa Y N: No
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1008
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley,Kitchen Some Updates
  • Upper Level Sq Ft: 0
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Laminate

Exterior Features

  • Construction Materials: Aluminum Siding, Stone
  • Exterior Features: Fire Pit, Storage Shed
  • Fencing: Partial
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4792
  • Parcel Number: 491016117016000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2346
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 1173
  • Tax Exemption: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2022
Sold by
Bought by

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 15, 2018
Sold by
Bought by
Seller's Agent
Christopher Ripperger
Ever Real Estate, LLC
Buyer's Agent
Chelsea Zwepink
List Price
$65,500
Sold Price
$64,000
Premium/Discount to List
-$1,500
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%

Purchase Details

Listed on
Nov 21, 2013
Closed on
Apr 18, 2014
Sold by
Bought by
Seller's Agent
Dian Ankney
Carpenter, REALTORS®
Buyer's Agent
Christopher Ripperger
Monteith-Legault Real Estate C
List Price
$59,900
Sold Price
$58,500
Premium/Discount to List
-$1,400
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$56,452
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $70,000 --
Warranty Deed $64,000 Abstract & Title
Deed $64,000 --
Warranty Deed -- None Available
Deed $58,500 Scotten Title & Transaction
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $56,452 FHA
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2026 07/01/26 Sold $157,000 -1.6% $156 / Sq Ft
06/02/2026 06/02/26 Pending -- -- --
05/28/2026 05/28/26 Price Changed $159,500 -4.5% $158 / Sq Ft
05/20/2026 05/20/26 For Sale $167,000 +160.9% $166 / Sq Ft
08/15/2018 08/15/18 Sold $64,000 -2.3% $63 / Sq Ft View Prior Sale
07/19/2018 07/19/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $65,500 +12.0% $65 / Sq Ft
04/22/2014 04/22/14 Off Market $58,500 -- --
04/18/2014 04/18/14 Sold $58,500 -2.3% $58 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $59,900 -- $59 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,517 $103,200 $8,100 $95,100
2024 $2,199 $98,900 $8,100 $90,800
2023 $2,199 $88,800 $8,100 $80,700
2022 $2,405 $98,000 $8,100 $89,900
2021 $1,876 $77,400 $8,100 $69,300
2020 $1,665 $68,100 $8,100 $60,000
2019 $1,635 $65,600 $4,700 $60,900
2018 $79 $41,300 $4,700 $36,600
2017 $77 $39,600 $4,700 $34,900
2016 $75 $40,000 $4,700 $35,300
2014 $59 $42,000 $4,700 $37,300
2013 $59 $42,000 $4,700 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22101414

MIBOR Broker Listing Cooperative®

APN: 49-10-16-117-016.000-101

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