3830 S Olney Street

Indianapolis, IN
$ 284,900 Beds 4 Baths 4 Sq 3,861
Monthly Estimate* How much can I afford?

Currently two living units! A Large Main House and an attached In-Law Apartment with a separate entrance. Could easily be recombined or remain separate. The in-law apartment is currently leased. A great income or multi-generational opportunity near the University of Indianapolis. Garage space for at least five cars with additional storage/workshop! The main portion of the home features a heated sunroom floor, pellet stove fireplace in the living room, and large, open spaces for versatility. The in-law suite is at the back with entrances on both the main floor and upstairs via an exterior staircase. An in-ground pool is perfect for these warm summer days. Utilities are not separate. Tenants in the apartment may leave six months after closing.

Active

  • Price
  • $ 284,900
  • City
  • Indianapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Perry
  • Lot Size
  • 0.42 Acres
  • Zip
  • 46237
  • Sqr Footage
  • 3,861
  • Year Built
  • 1953
  • Taxes
  • $ 3706
  • Style
  • Bungalow
  • MLS#
  • 22068749
Listed By: GB Landrigan with GB Landrigan & Company;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Subject To Tenant Rights
Appliances Disposal
Garage Spaces 4
Patio/Porch Features Covered,Patio
Architectural Style Bungalow
Pool Features Fenced,In Ground,Outdoor Pool,Pool Cover
Construction Materials Brick,Vinyl Siding
Year Built 1953
Township Perry
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Sherman Drive Park
Garage Y/N Yes
Other Structures Outbuilding
Total Rooms 12
Full Baths 4
Status Active
Directions From South Keystone and Hanna,go east to Olney. North to property on left.
High School Perry Meridian High School
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 18382
Property Attached Y/N No
Current Financing Conventional
Additional Parcels Y/N No
Standard Status Active
Tax Lot 101
Legal Description Sherman Drive Park L101

Interior Features

Interior Amenities Hi-Speed Internet Availbl,In-Law Floorplan,Supplemental Storage
Basement Unfinished
Total Fireplaces 1
Fireplace Features Other
Basement (Y/N) Yes
Laundry Features Laundry Room
Total Bedrooms 4
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Exterior Amenities Storage
Fencing Partial
Parking Features Detached,Asphalt,Storage,Workshop in Garage,Other
Lot Features City Lot,Mature Trees,See Remarks
Water Source Public
Foundation Details Block
Spa No
Building Area Total 3861
Lot Size Acres 0.42
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Perry Meridian High School

Price History

10/24/2025 Listed $319,900
2/5/2026 7% - $299,900
6/16/2026 4% - $289,900
9/3/2026 2% - $284,900

Property vs Zip Code Average in 46237

Price
AVG $350K
$280K
Taxes
AVG $3,458
$3,706
Year Built
AVG 1995
1953
Visits
AVG 64
131
Data Provided by Inside Real Estate®

3830 S Olney Street Indianapolis, IN is a Single Family Home for sale at $284900 with 3861 sqft and a lot size of 0.42 Acres Acre(s). 3830 S Olney Street Indianapolis has 4 bedrooms, 4 baths and was built in 1953. The property's zip code is 46237 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.