1731 S Drexel Ave Indianapolis, IN 46203
Near Southeast NeighborhoodEstimated payment $1,099/month
Highlights
- Very Popular Property
- Ranch Style House
- Corner Lot
- Mature Trees
- Wood Flooring
- No HOA
About This Home
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!
Listing Agent
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 05/20/2026
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,347 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 |
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 | -- | |
| Deed | $64,000 | -- | |
| Warranty Deed | $64,000 | Abstract & Title | |
| Deed | $58,500 | Scotten Title & Transaction | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
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: MIBOR Broker Listing Cooperative®
MLS Number: 22101414
APN: 49-10-16-117-016.000-101
- 1844 Dayton Ave
- 4307 Cottage Ave
- 4412 Terrace Ave
- 1313 S Riley Ave
- 5008 E Raymond St
- 3912 Terrace Ave
- 4405 Prospect St
- 1105 Worcester Ave
- 5230 Cheryl Ln
- 1106 S Dequincy St
- 4039 Southeastern Ave
- 2028 Green Rock Ln
- 1214 S Chester Ave
- 1344 S Denny St
- 1147 S Chester Ave
- 3838 Terrace Ave
- 5300 Southeastern Ave
- 1402 S Hawthorne Ln
- 1309 S Hawthorne Ln
- 737 Temperance Ave
- 4703 E Minnesota St
- 1914 Gala Ct
- 1353 S Riley Ave
- 4537 Fletcher Ave
- 3135 E Minnesota St
- 3906 Hoyt Ave
- 3441 Prospect St Unit B
- 1730 Perkins Ave
- 1840 Perkins Ave
- 410 N 20th Ave
- 4931 Orion Ave
- 4919 Orion Ave
- 3838 E Pleasant Run Parkway North Dr
- 325 S Grand Ave
- 68 N 7th Ave Unit 2
- 89 N 16th Ave
- 212 S Emerson Ave
- 52 S 7th Ave Unit 52 S. 7th #5 Beech Grove
- 340 S Dearborn St
- 201 S Emerson Ave
Ask me questions while you tour the home.