Mia Chatman

Broker/Owner | License ID: RB17000298

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Listed by Peter Stewart • Keller Williams Indpls Metro N

$ 157,000

$ 159,500 1.6%

Est. payment -/mo

Sold on 07/01/2026

1731 S Drexel AVE Indianapolis, IN 46203

3 Beds

2 Baths

1,008 SqFt

UPDATED:

Key Details

Sold Price $157,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,008 sqft

Price per Sqft $155

Subdivision Roundtree Park

MLS Listing ID 22101414

Sold Date 07/01/26

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1965

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Property Description

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!

Location

State IN

County Marion

Rooms

Main Level Bedrooms 3

Kitchen Kitchen Galley, Kitchen Some Updates

Interior

Interior Features Attic Pull Down Stairs, Paddle Fan, Hardwood Floors

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace Y

Appliance Disposal, Gas Water Heater, Gas Oven, Refrigerator

Exterior

Exterior Feature Fire Pit, Storage Shed

Garage Spaces 1.0

View Y/N false

Building

Story One

Foundation Block

Water Public

Architectural Style Ranch

Structure Type Aluminum Siding,Stone

New Construction false

Schools

School District Indianapolis Public Schools

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Mia Chatman

Broker/Owner | License ID: RB17000298

+1(317) 500-5963

mia@austynavenue.com

Indianapolis, IN, 46235, USA

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1731 S Drexel AVE Indianapolis, IN 46203

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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1731 S Drexel AVE