8158 Lima East Drive Indianapolis, IN $ 110,000
8158 Lima East Drive
$ 110,000
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8158 Lima East Drive

Indianapolis, IN, 46227
$ 110,000
Bedrooms2 Baths1.1 Sq 1,440

Monthly Estimate*

$ 760

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Condo for sale in Indianapolis, IN

for $110,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,440 square foot condo was built in 1982 on a lot size of 0.58.

This property offers excellent potential for an investor or buyer looking for a renovation project. The home features 2 bedrooms, an eat-in kitchen, abundant natural light, ceiling fans, and a full basement providing additional living, recreation, or storage space. The spacious back deck overlooks a private yard and offers great outdoor entertaining potential. Conveniently located in Perry Township Schools, just minutes from downtown, shopping malls, grocery stores, dining, and major interstates. Please note: This home needs work and is not move-in ready. Buyers and investors are strongly encouraged to review all photos carefully and conduct their own inspections and due diligence.

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Condo Active

Price

$ 110,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 3,464

Style

Craftsman

Lot Size

0.58

Year Built

1982

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22124517

Features
Interior
Interior Amenities Pantry Walk-In Closet(s)
Total Fireplaces 0
Common Walls 1 Common Wall
Basement (Y/N) Y
Half Baths 1
Total Bedrooms 2
Below Grade Finished Area 422
Main Level Bedrooms 0
Total Baths 2
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General
Heating Heat Pump
Cooling Central Air
Possession Closing
Appliances Dishwasher Gas Water Heater Microwave Electric Oven Range Hood Refrigerator
HOA Fee 60
Patio/Porch Features Deck
Architectural Style Craftsman
Construction Materials Brick Vinyl Siding
Year Built 1982
Township Perry
Levels Two
Property Subtype Condominium
Tax Year 2025
Community Features Sidewalks
Assoc Fee Paid Per Monthly
County Marion
New Construction N
Property Type Residential
HOA Y
Subdivision Name Sherman Oaks
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 25137
Property Attached Y/N Y
Standard Status Active
Tax Lot 49-15-20-102-057.000-500
Legal Description Sherman Oaks III Blk K L45
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Exterior
Parking Features Assigned
Water Source Public
Foundation Details Concrete Perimeter
Building Area Total 1440
Lot Size Acres 0.58
Horse Amenities None
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* Excluded Features
List By
Berkshire Hathaway Home

Broker

shaloomunjaal@gmail.com

Email

Affordability Calculator

$1,048
Per Month
72%
28%
0%
Monthly Principal & Interest
$760
Monthly Property Taxes
$289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044910 Elementary School
4044906 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$110,000 Listed Price

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8158 Lima East Drive, Indianapolis, IN, 46227 is a Condo for sale at $110,000 with 1,440 sqft and a lot size of 0.58. 8158 Lima East Drive has 2 bedrooms, 1.1 baths, and was built in 1982. The property's zip code is 46227 which is in Indianapolis, IN