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561 Drake Street Indianapolis, IN $ 155,000
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$ 155,000 Get more info
561 Drake Street
$ 155,000
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561 Drake Street

Indianapolis, IN, 46202
$ 155,000
Bedrooms3 Baths1.0 Sq 963

Monthly Estimate*

$ 1,071

561 Drake Street, Indianapolis, IN 46202 - Image 1
561 Drake Street, Indianapolis, IN 46202 - Image 2
561 Drake Street, Indianapolis, IN 46202 - Image 3
561 Drake Street, Indianapolis, IN 46202 - Image 4

Single Family Home for sale in Indianapolis, IN

for $155,000 with 3 bedrooms and 1 full bath. This 963 square foot home was built in 1956 on a lot size of 0.15.

Great investment opportunity at 561 Drake Street! This 3-bedroom, 1-bathroom home is currently tenant-occupied, offering the potential for rental income from day one. The property features a fenced-in backyard and a convenient location near IU Health Hospital, IUPUI, and downtown Indianapolis. Whether you're looking to expand your rental portfolio or add an investment property to your holdings, this home offers a great opportunity in a convenient location. Don't miss your chance to invest in Indianapolis real estate!

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Single Family Active

Price

$ 155,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 2,406

Style

Ranch

Lot Size

0.15

Year Built

1956

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22133502
Features
Interior
Interior Amenities Attic Access
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
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General
Heating Natural Gas
Cooling Central Air
Possession Closing
Appliances Refrigerator
Garage Spaces 2
Architectural Style Ranch
Construction Materials Other
Year Built 1956
Township Center
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Indianapolis Fall Creek
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 6360
Property Attached Y/N N
Current Financing Conventional
Standard Status Active
Tax Lot 8
Legal Description Indpls Fall Creek Add 7th Sec L8
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Exterior
Parking Features Detached
Water Source Public
Foundation Details Other
Building Area Total 963
Lot Size Acres 0.15
Horse Amenities None
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* Excluded Features
List By
Bhb Real Estate Group

Broker

Jasminektracy@gmail.com

Email

Affordability Calculator

$1,271
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,071
Monthly Property Taxes
$201
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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/29/2026$155,000 Listed Price

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561 Drake Street, Indianapolis, IN, 46202 is a Single Family Home for sale at $155,000 with 963 sqft and a lot size of 0.15. 561 Drake Street has 3 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 46202 which is in Indianapolis, IN

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