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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

    35

  • $/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 $114,780 (8.2% less than this home).

This home is priced at $84/sqft, which is 15.6% 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) 607-3916 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$430,252
$415,000
21
0.0%
28.6%
45

Butler Tarkington
$416,538
$307,000
21
0.0%
42.9%
160

Downtown Indianapolis
$313,274
$214,200
57
0.0%
49.1%
171

Fountain Square
$310,744
$290,000
22
0.0%
68.2%
108

Irvington
$264,981
$225,000
79
0.0%
45.6%
87

Meridian Kessler
$609,008
$450,000
23
0.0%
39.1%
68

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 3103 S Lockburn St in Indianapolis is listed at $130,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Jamesons Belmont, Mars Hill and Lutz Maple Heights are nearby neighborhoods. MLS 22023043 has been posted on this site since 2/28/2025 (today).

2025

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