133 S Sheridan Avenue, Indianapolis, IN 46219

$125,000
: 3
BD
: 1
BA
: 1,104
SqFt

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List Price: $125,000
Price Change: ▼ $7,500 1785279447
MLS#: 22104076
Property Type: Residential
Bedrooms: 3
Bathrooms: 1
Sqft. of Residence: 1,104
Year Built: 1970
Days on Market: 64
Status: ACTIVE

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Property Description

PRICE IMPROVED!! Discover the perfect blend of modern updates, prime location, and exceptional versatility in this beautifully renovated 3-bedroom, 1-bathroom ranch on Indy's revitalizing near eastside. Tucked away at the end of a quiet dead-end street right next to the historic Irvington neighborhood, this 1,104 sq ft home sits on a flat .15-acre lot, elevated from the street for excellent natural drainage and framed by mature trees for ultimate privacy. Built in 1970, it offers the distinct advantage of newer construction compared to surrounding century-old homes, featuring a brand-new roof (2026), vinyl windows, and an efficient, zero-waste floor plan. Step inside to an inviting living room centered around a cozy wood-burning fireplace, complemented by durable LVP flooring that flows throughout. The spacious galley-style eat-in kitchen boasts updated white shaker cabinetry, stainless steel appliances, a dedicated dining area, and direct access to a full-size laundry room. The updated full bath features a contemporary vanity, modern lighting, and a clean tub/shower combo. Outside, the lush, private backyard includes a metal storage shed and convenient rear alley access-ideal for adding a gravel parking pad, carport, or future garage. Just steps from the Pennsy Trail and minutes from Ellenberger Park, Pleasant Run Golf Course, Community East Hospital, and vibrant downtown Irvington shops and dining, this turnkey gem is perfect for an owner-occupant wanting a low-maintenance starter home, or an investor seeking top-tier market rents nearly at the coveted 1% rule with the LTR strategy. With 5 hospitals within a ~15min drive, the MTR strategy is also an excellent option to really maximize cash flow, as rent can exceed $2000/mo! Property is sold as-is. No seller/creative financing.

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