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$525 /month

318 N Sherman Dr, Indianapolis, IN 46201

Last Updated:

What This Condo Offers

Discover efficient living in Indianapolis. This studio apartment blends simplicity with functionality,offering an open space ready for your personal touch.... Enjoy a well-appointed full bathroom and vibrant community with easy access to amenities and public transport. Just a short drive to downtown,embrace the balance of tranquility and city life in this thoughtfully designed haven. In addition to rent,tenants are responsible to pay $150 per month for all utilities. All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance,credit building to help boost the resident's credit score with timely rent payments,up to $1M Identity Theft Protection,HVAC air filter delivery (for applicable properties),move-in concierge service making utility connection and home service setup a breeze during your move-in,our best-in-class resident rewards program,on-demand pest control,and much more! More details upon application.

Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Unit A

  • $525 / month
  • Studio
  • 1 Bath
  • 750 sq. ft.
  • Available Now

Condo Features

  • Air Conditioning
  • Heating
  • Oven
  • Refrigerator

318 N Sherman Dr Unit A is a condo for rent in Indianapolis, IN

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $60

Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Condo Details

Home Design

  • Built in 1936
  • Condominium
  • Vinyl Construction Material
  • Entry on the 1st floor

Interior Spaces

  • 1-Story Property
  • 750 Sq Ft Home
  • Main Level Square Feet
  • Upper Level Square Feet

Kitchen

  • Electric Oven

Flooring

  • Vinyl Flooring

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Full Bathrooms in Basement
  • Half Bathrooms in Basement

Basement

  • Basement
  • Crawl Space

Lot Details

  • 3180 Sq Ft Lot
  • 1 Common Wall

Utilities

  • Forced Air Heating System
  • Public Water Source
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Security Deposit $525
  • Property Available on 2026-08-19
  • $60 Application Fee
  • $1806 Total Annual Tax in 2025
  • Tax Lot 40
  • Assessor Parcel Number 491005133059000101
  • Tenant pays for all utilities, insurance
  • The owner pays for insurance, no utilities, taxes

Community Details

Overview

  • No Home Owners Association
  • Hartmans Add Robison & Voorhees Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Explore Commute Options

Destination Address
  • Drive Time
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  • Walk Time
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  • Bike Ride Time
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  • Public Transit
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What's nearby 318 N Sherman Dr Unit A

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Get In Touch

Property Address:
318 N Sherman Dr,
Indianapolis, IN 46201
Listed by
Maxwell Richter | Wilmoth Group
Phone Number: (317) 842-3400
MIBORRA#IN

The information is being provided by MIBOR Association of REALTORS®. Information deemed reliable but not guaranteed.

Area Scores

Walkability

Moderately walkable60 / 100

Transit

Limited public transit30 / 100

Driveability

Exceptionally drivable90 / 100

Bikeability

Fairly bikeable50 / 100

Scores provided by

Soundscore

Busy65 / 100

Scores provided by
HowLoud

Travel and Transit

Commuter Rail
8 min Drive
Amtrak
Airport
Indianapolis International
31 min Drive
IND

Local Education

Colleges and Universities

School

Commute Time (Distance)

IU - Indianapolis

Drive: 11 min (4.5 mi)

IU - School of Medicine

Drive: 9 min (4.6 mi)

Ivy Tech Community College

Drive: 10 min (5.3 mi)

University of Indianapolis

Drive: 11 min (6.2 mi)

Discover Near Eastside, Indianapolis, IN

Shopping Centers

Shoppers will appreciate 318 N Sherman Dr Unit A proximity to Sherman Commons, 414-420 S Sherman Dr, and 3802-3808 E English Ave. Sherman Commons is 0.4 miles away, and 414-420 S Sherman Dr is within a 16 minute walk.

Commuting

With a TransitScore of 30, 318 N Sherman Dr Unit A has limited public transit, including 1 transit stop within 4.2 miles. Transit options include Indianapolis.

Parks and Recreation

Recreational activities near 318 N Sherman Dr Unit A are plentiful. Discover 5 parks within 3.6 miles, including Christian Park, Ellenberger Park, and JTV Hill Park.

Airports

Living in Near Eastside provides easy access to Indianapolis International, located just 31 minutes from 318 N Sherman Dr Unit A.

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