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1421 Shepard St, Indianapolis, IN 46221

PENDING as of 3/21/2025 - $125,000
Charming single-Gathering home with a well-maintained front lawn and inviting red front door at 1421 Shepard St, Indianapolis, IN 46221

  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1496

  • Year Built

    1992

  • Days on Market

    55

  • $/SqFt

    $84

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22 Photos

  • Charming single-Gathering home with a well-maintained front lawn and inviting red front door at 1421 Shepard St, Indianapolis, IN 46221
  • Inviting covered front porch featuring a classic red door, offering a warm welcome at 1421 Shepard St, Indianapolis, IN 46221
  • Spacious covered front porch with ample natural light streaming through the windows at 1421 Shepard St, Indianapolis, IN 46221
  • Open-concept living room featuring modern flooring and ample natural light at 1421 Shepard St, Indianapolis, IN 46221
  • Cozy bedroom featuring updated flooring, fresh paint, and natural light at 1421 Shepard St, Indianapolis, IN 46221
  • Bright bedroom with neutral walls, updated flooring, and a large window at 1421 Shepard St, Indianapolis, IN 46221
  • Inviting dining room featuring stylish flooring, neutral paint and natural light at 1421 Shepard St, Indianapolis, IN 46221
  • Open dining room featuring updated flooring, neutral paint and natural light at 1421 Shepard St, Indianapolis, IN 46221
  • Efficient kitchen featuring modern cabinetry, ample counter space, and a convenient layout at 1421 Shepard St, Indianapolis, IN 46221
  • Functional kitchen with modern cabinets, durable countertops, and a practical design at 1421 Shepard St, Indianapolis, IN 46221
  • The Kitchen offers a gas range and grey cabinets with a view into another room at 1421 Shepard St, Indianapolis, IN 46221
  • A neutral bedroom with wall to wall carpet, one window, and closet door at 1421 Shepard St, Indianapolis, IN 46221
  • A standard bathroom with a tub, toilet, wood look flooring, and vanity sink at 1421 Shepard St, Indianapolis, IN 46221
  • A standard bathroom with a tub, toilet, wood look flooring, and vanity sink at 1421 Shepard St, Indianapolis, IN 46221
  • A standard bathroom with a tub, toilet, wood look flooring, and vanity sink at 1421 Shepard St, Indianapolis, IN 46221
  • A standard bathroom with a tub, toilet, wood look flooring, and vanity sink at 1421 Shepard St, Indianapolis, IN 46221
  • An unfinished basement with stairs, a hot water heater, and exposed rafters at 1421 Shepard St, Indianapolis, IN 46221
  • Side view of a home showing back entry door, siding and concrete stoop at 1421 Shepard St, Indianapolis, IN 46221
  • A detached single car garage with red door and a path to the garage at 1421 Shepard St, Indianapolis, IN 46221
  • A detached single car garage with a white garage door and yard with dead leaves at 1421 Shepard St, Indianapolis, IN 46221
  • Charming single-Gathering home with gray siding, brick accents and a bright red front door at 1421 Shepard St, Indianapolis, IN 46221
More Photos \/
  • Cozy single-Gathering home featuring gray siding, brick foundation, and a vibrant red front door at 1421 Shepard St, Indianapolis, IN 46221
Less Photos /\

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Home Description

Charming and Move-In Ready on Indy's Westside! Nestled near the Lilly Tech Center, this inviting 2-bedroom, 1-bath home offers comfort, convenience, and investment potential. Recent updates include a refreshed bathroom, new flooring, and electrical improvements. The spacious 2-car detached garage provides extra storage, while easy interstate access puts Downtown Indy within quick reach. Whether you're looking for a cozy home or a smart rental investment (market rent $750+/mo), this property is a must-see. Don't miss out-schedule your tour today!

  • Property Type: Single Family
  • Style: Bungalow
  • Basement: Unfinished
  • Garage Spaces: 2
  • Acres: <1/4 Acre
  • Lot Description: Sidewalks
  • Siding: Vinyl With Brick
  • Patio & Porch: Open Patio
  • Fencing: Partial

Approximate Room Sizes / Descriptions

Kitchen10x10Main
Living Room10x10Main
Dining Room10x10Main
Primary Bedroom12x10Main
Bedroom 211x10Main
  • Areas: Bath Jack-n-Jill,Laundry in Unit
  • Interior Description: Screens Some
  • Full Baths: 1
  • Num Fireplaces: 0
  • Primary Bedroom Description: Closet Walk in
  • Appliances: Gas Water Heater,None
  • Eating Area: Formal Dining Room
  • Equipment: Smoke Alarm
  • Heating: Forced Air,Gas
  • Cooling: None
  • : andy@ferrispropertygroup.com

Neighborhood

The average asking price of a 2 bedroom Indianapolis home in this zip code is $125,225 (0.2% more than this home).

This home is priced at $84/sqft, which is 32.2% less than similar homes in the 46221 zip code.

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$621*
  • Semi Annual Taxes:$1,070

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 902-2322 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$423,377
$362,900
30
0.0%
20.0%
35

Butler Tarkington
$368,543
$337,500
14
0.0%
35.7%
177

Downtown Indianapolis
$326,339
$230,000
49
0.0%
63.3%
199

Fountain Square
$328,257
$288,500
24
0.0%
45.8%
78

Irvington
$264,688
$220,000
83
0.0%
44.6%
83

Meridian Kessler
$622,263
$464,900
30
0.0%
33.3%
63

Listing Courtesy of Ferris Property Group.

1421 Shepard St, Indianapolis IN is a single family home of 1496 sqft and is currently priced at $125,000 . This single family home has 2 bedrooms. A comparable home for sale at 1035 S Tremont St in Indianapolis is listed at $140,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Mars Hill, Jamesons Belmont and John S Spann are nearby neighborhoods. MLS 22023043 has been posted on this site since 2/28/2025 (today).

2025

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