7948 S Sherman Dr, Indianapolis, IN 46237
OFF MARKET

$203,000

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 1,212 sqft (on 0.28 acres)

7948 S Sherman Dr, Indianapolis, IN 46237

South Perry
Est. Refi. Payment $1,327/mo*
Refinance Your Home
Currently Off Market - Sold Sep 23, 2011 for $650,000

Home Value

Trulia Estimate
$203K
Since last month
Increased$500 (+0.2%)
Since last year
Decreased$8K (-3.8%)
Since last sale
Decreased$447K (-68.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +76% in the last 10 years
MonthEstimated value
2026
September 2026$203K
August 2026$203K
July 2026$209K
June 2026$209K
May 2026$211K
April 2026$210K
March 2026$208K
February 2026$206K
January 2026$202K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3743 E Stop 11 Rd, Indianapolis, IN
0.04
Single-Family Home
$193,000
06/08/26
3
2
1,146
3619 Holly Cir, Indianapolis, IN
0.09
Single-Family Home
$286,000
08/28/26
3
2.5
2,602
7819 Snowflake Dr, Indianapolis, IN
0.14
Single-Family Home
$208,000
09/04/26
3
2
1,188
7939 S Sherman Dr, Indianapolis, IN
0.05
Single-Family Home
$245,000
11/26/25
3
1.5
1,440
3533 Holly Cir, Indianapolis, IN
0.18
Single-Family Home
$222,000
05/27/26
3
1.5
1,276
7832 Hearthstone Way, Indianapolis, IN
0.24
Single-Family Home
$225,000
05/22/26
3
1.5
1,584
3619 Ivory Way, Indianapolis, IN
0.28
Single-Family Home
$229,000
10/29/25
3
1.5
1,208
7839 Broadview Dr, Indianapolis, IN
0.27
Single-Family Home
$231,000
03/09/26
3
2
1,569
3405 Corey Dr, Indianapolis, IN
0.31
Single-Family Home
$235,000
09/26/25
3
1.5
1,214
3324 Corey Dr, Indianapolis, IN
0.36
Single-Family Home
$233,600
03/05/26
3
2
1,317

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3743 E Stop 11 Rd, Indianapolis, IN 46227
0.04
$193,000
3
2
1,146
Recently Sold
7939 S Sherman Dr, Indianapolis, IN 46237
0.05
$245,000
3
1.5
1,440
Recently Sold
7922 S Sherman Dr, Indianapolis, IN 46237
0.07
$215,900
3
1.5
1,176
Off Market
3619 Holly Cir, Indianapolis, IN 46227
0.09
$286,000
3
2.5
2,602
Recently Sold
3615 Holly Cir, Indianapolis, IN 46227
0.10
$260,000
3
1.5
1,728
Off Market
7902 S Sherman Dr, Indianapolis, IN 46237
0.10
$249,800
3
2
1,302
Off Market
3611 Holly Cir, Indianapolis, IN 46227
0.12
$233,800
4
1.5
1,656
Off Market
8030 Winchester Pl, Indianapolis, IN 46227
0.11
$235,900
3
1.5
1,356
Off Market
7819 Snowflake Dr, Indianapolis, IN 46227
0.14
$208,000
3
2
1,188
Recently Sold
8045 Winchester Pl, Indianapolis, IN 46227
0.14
$208,000
3
1.5
1,232
Off Market
8050 Winchester Pl, Indianapolis, IN 46227
0.16
$180,400
3
1
892
Off Market
3533 Holly Cir, Indianapolis, IN 46227
0.18
$222,000
3
1.5
1,276
Recently Sold

Local Information

  • Map ViewExplore the area around 7948 S Sherman Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1976
0.28 acre lot
1,212 sqft
$167/sqft
Garage

About this House

GREAT STARTER HOME. ALL APPLIANCES INCLUDED. MINI BARN-FENCED BACKYARD.
7948 S Sherman Dr, Indianapolis, IN 46237 is a 3 bedroom, 3 bathroom, 1,212 sqft single-family home in South Perry, built in 1976. It last sold for $650,000 on Sep 23, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $203,000, with a rent estimate of $1,906/month.

Home Details for 7948 S Sherman Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 7
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1976Year Updated: 1976
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Sep 23, 2011
Source: N/A
Sold
$650,000
Jul 2, 2011
Source: Agent Provided
Listed For Sale
$69,900
Feb 10, 2009
Source: N/A
Sold
$59,900

Market trends in South Perry

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$261K
Sale-to-List Price
97.9%
Price per sq ft
$136
Available listings
92
5MoM

Around this home

Neighborhood Overview

South Perry
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Perry

At least 112 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 79 % Say it's dog friendly

  • 78 % Say yards are well-kept

  • 73 % Say parking is easy

  • 72 % Say kids play outside

  • 70 % Say there are sidewalks

  • 66 % Say there's holiday spirit

  • 61 % Say it's quiet

  • 55 % Say people would walk alone at night

  • 53 % Say they plan to stay for at least 5 years

  • 52 % Say streets are well-lit

  • 49 % Say neighbors are friendly

  • 42 % Say it's walkable to restaurants

  • 39 % Say it's walkable to grocery stores

  • 39 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mmackendy189
    "Very good neighborhood I live here for 3 years with problem at all I would like to buy my house here "
    0
    Flag
  • Lannae9001
    "Well maintained older custom homes. Close to shopping restaurants and medical facilities. Friendly neighborhood "
    1
    Flag
  • Trulia User
    "people places and things in it is what makes this neighborhood unique to me and my family. No need to say anything else on the subject. "
    1
    Flag
  • Trulia User
    "safe parks and schools for their children to attend that are close to home. Nice stores that are close and convenient. "
    0
    Flag
  • Trulia User
    "festivals and community activities like cookouts and barbecues are a great way to show community pride and fun"
    0
    Flag
  • Ci D.
    "This is currently the best house I'm living in right now :) Neighbors are great , good yard , friendly neighborhood . Nice event during holidays :D"
    1
    Flag
  • Trulia User
    "Live her all my life. once a south sider is all ways a south sider.people live her and we pretty much know everyone here.Great place to raise a family and great schools "
    1
    Flag
  • Trulia User
    "There’s plenty of access to public transportation if needed. The highway is only minutes away for easy travel around the city."
    0
    Flag
  • Suzyq4036
    "I’ve lived my whole adult life. I did notice more police activity recently. Schools are all great! Parks offer walking trails and pickle ball. Most people are neighborly and friendly."
    2
    Flag
  • Richard F.
    "Dog Trick or treating, Kids trick or treating, holiday parties, pool day, food drive, easter egg hunt, family oriented events"
    1
    Flag
  • Txhalfpint
    "family friendly pet friendly clean, homes are well taken care of and landscaped. close to everything, stores,mall,hospitals, medical facilities "
    2
    Flag
  • Rae A.
    "The biggest drawback of the community is the commute to the highway. Despite being close, it usually takes 15-20 mins just to get to 65."
    1
    Flag
  • Jennifer T.
    "theres lots of community events and stuff for kids like 4th of july freedom festival with fireworks and family fun"
    1
    Flag
  • Angelo L.
    "I like the quiet but busy lifestyle here. Lived all over the state, and I like this neighborhood the most. "
    2
    Flag
  • cookie d
    "I have lived here 30 years. The demographics have changed significantly in that time. Crime has increased recently."
    0
    Flag
  • Stephanie B.
    "It’s not really a bad area.it could be better in some parts but the neighbors are friendly and kind. "
    1
    Flag
  • Sam Richards
    "The neighbors are friendly and pretty much stay to them selves and its quite. Good place to raise kids as well"
    5
    Flag
  • Nicole M.
    "We have neighborhood mixers to build some community and they order in jets and have the clubhouse open for all residents throughout the day."
    0
    Flag
  • Heather P.
    "nothing really going on in my neighborhood. just over crowding and drama. we will moving away from here it is too populated "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7948 S Sherman Dr

  • What is 7948 S Sherman Dr estimated to be worth?
    Trulia's estimated value for 7948 S Sherman Dr in Indianapolis, IN is $203,000.
  • What is the price history for 7948 S Sherman Dr?
    7948 S Sherman Dr in Indianapolis, IN last sold for $650,000 in September 2011.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $261K.
  • Does 7948 S Sherman Dr have air conditioning?
    Yes, 7948 S Sherman Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 7948 S Sherman Dr?
    The lot at 7948 S Sherman Dr in Indianapolis, IN is about 0.28 acres (12,414 sq ft).

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Off Market Homes Near 7948 S Sherman Dr

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