NOT LISTED FOR SALE

7427 S Sherman Dr Indianapolis, IN 46237

South Perry Neighborhood

Estimated Value: $221,000 - $248,000

3 Beds
1 Bath
1,145 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $215,000 $188 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,487/month

6 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • Wood Frame Window

About This Home

As of December 2023

Looking for a large 2 car garage with a bump out in the area on a lovely home with no HOA? Look no further. This 3 bedroom has a spectacular sunroom perfect for watching the leaves fall or hosting family dinners, and hardwood floors throughout in gorgeous condition. Breezeway from house to garage, fully fenced back yard with drive-through gate, and a massive concrete patio for hosting outdoor activities. Easy access to loads of amenities including shopping, restaurants, and interstate. Property is zoned dwelling/agricultural.

Last Agent to Sell the Property

Gary Ruble

Keller Williams Indy Metro NE Brokerage Email: garyruble@kw.com License #RB14047774 Listed on: 11/08/2023

Keller Williams Indy Metro NE

Co-Listed By

Morgan Mares

Keller Williams Indy Metro NE Brokerage Email: garyruble@kw.com License #RB17001349

Last Buyer's Agent

Htan Khai

Diamond Stars Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1953

Lot Details

  • 0.46 Acre Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,145 Sq Ft Home
  • Vinyl Clad Windows
  • Wood Frame Window
  • Window Screens
  • Entrance Foyer
  • Family or Dining Combination
  • Wood Flooring
  • Crawl Space
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Block 16
  • Assessor Parcel Number 491516118028000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1953
  • Building Area Total: 1145
  • Co List Office Phone: 317-564-7100
  • Garage Y N: Yes
  • Lot Size Acres: 0.46
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • F H A Certified: No
  • MBR_AttributionContact: garyruble@kw.com
  • Attribution Contact: garyruble@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Screens Complete, Storms Complete, Windows Vinyl, Windows Wood
  • Living Area: 1145
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1145
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Other
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 215000
  • Patio And Porch Features: Open Patio, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Detached, Storage, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 20038
  • Parcel Number: 491516118028000500
  • Acres: 1/4-1/2 Acre
  • Price Acre: 467391

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2336
  • Tax Block: 16
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1168
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 13, 2023
Sold by
Brown Tracy L
Bought by
Chuiha Jeremiah Lishang and Thang Zong
Seller's Agent
Gary Ruble
Keller Williams Indy Metro NE
Buyer's Agent
Htan Khai
Diamond Stars Realty LLC
List Price
$215,000
Sold Price
$215,000
Views
87
Current Estimated Value
$233,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,342
Avg. Annual Appreciation
4.69%
Original Mortgage
$208,550
Outstanding Balance
$205,438
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$26,999

Purchase Details

Listed on
May 15, 2018
Closed on
Jul 31, 2018
Sold by
Dale Pauline R
Bought by
Brown Tracy L
Seller's Agent
Joe Sullivan
Sullivan Realty Group, LLC
Buyer's Agent
James Phares
List Price
$157,500
Sold Price
$157,900
Premium/Discount to List
$400
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$155,039
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2016
Sold by
Johnson Jason A
Bought by
Dale Pauline R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chuiha Jeremiah Lishang $215,000 Chicago Title
Brown Tracy L $157,900 None Available
Dale Pauline R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuiha Jeremiah Lishang $208,550
Previous Owner Brown Tracy L $153,000
Previous Owner Brown Tracy L $153,754
Previous Owner Brown Tracy L $155,039
Previous Owner Johnson Jason A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $215,000 0.0% $188 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $215,000 +36.2% $188 / Sq Ft
07/31/2018 07/31/18 Sold $157,900 +2.9% $138 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $153,500 -1.3% $134 / Sq Ft
06/05/2018 06/05/18 Price Changed $155,500 -1.0% $136 / Sq Ft
06/03/2018 06/03/18 Price Changed $157,000 -0.3% $137 / Sq Ft
05/15/2018 05/15/18 For Sale $157,500 -- $138 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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
2024 $2,577 $202,500 $16,600 $185,900
2023 $2,577 $196,400 $16,600 $179,800
2022 $2,458 $178,100 $16,600 $161,500
2021 $2,022 $148,700 $16,600 $132,100
2020 $1,938 $142,100 $16,600 $125,500
2019 $1,795 $131,500 $15,000 $116,500
2018 $1,233 $104,900 $15,000 $89,900
2017 $1,116 $99,300 $15,000 $84,300
2016 $1,023 $94,100 $15,000 $79,100
2014 $770 $91,200 $15,000 $76,200
2013 $721 $85,900 $15,000 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Gary Ruble

    Seller's Agent in 2023

    Gary Ruble

    Keller Williams Indy Metro NE

    (317) 407-3667

    1 in this area

    129 Total Sales

    Gary Ruble
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Morgan Mares

    Keller Williams Indy Metro NE

    (317) 800-4024

    1 in this area

    84 Total Sales

    Morgan Mares
    Section Image

  • H

    Buyer's Agent in 2023

    Htan Khai

    Diamond Stars Realty LLC

    Section Image
  • Joe Sullivan

    Seller's Agent in 2018

    Joe Sullivan

    Sullivan Realty Group, LLC

    (317) 333-6126

    2 in this area

    121 Total Sales

    Joe Sullivan
    Section Image

  • J

    Buyer's Agent in 2018

    James Phares

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21952193

MIBOR Broker Listing Cooperative®

APN: 49-15-16-118-028.000-500

Indiana Marion County Indianapolis 46227 South Perry

7427 S Sherman Dr, Indianapolis, IN

This home is located at 7427 S Sherman Dr, Indianapolis, IN 46237 since 08 November 2023 and is currently estimated at $233,342, approximately $203 per square foot. This property was built in 1953. 7427 S Sherman Dr is a home located in Marion County with nearby schools including Mary Bryan Elementary School, Southport 6th Grade Academy, and Southport Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website.

Nearby Homes