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4002 N Catherwood Avenue, Indianapolis, IN 46226

Here's 4002 N Catherwood Avenue in Indianapolis, IN 46226. This listing is closed, but I can still walk you through the details.

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Backyard at 4002 N Catherwood Avenue, Indianapolis, INRecently Sold — 4002 N Catherwood Avenue, Indianapolis, IN 462261 / 1

Quick read on the numbers:

$129,900

Recently Sold
Beds

4

Baths

1

Sq ft

984

Built

1957

Acres

0.16

Key things to know

  • Sold 3.8% below list in 25 days
  • Sheridan Heights subdivision

From the listing

Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing adds an additional layer of stability for investors. With solid rental performance and minimal management needed, this property is an excellent addition to any portfolio seeking dependable returns.

A few highlights from the feature list:

Interior

Attic Access

I'll break the details down — open any section that matters.

This home has sold:

Sold

$125,000

-$4,900 below list (-3.8%)

Closed
May 6, 2026
Listed at
$129,900
Sold
1 week ago
Sold in
25 days

Price history

  1. Sold$125,000

    May 6, 2026

  2. Listedat $129,900

    Mar 27, 2026

Sheridan Heights · activity

past 6 months

Sold
15
Median price
$145,000
Median DOM
18 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 5426 Culver Street

    $179,000

    5426 Culver Street

    3bd · 1ba · 976 sqft

    Sold May 2026

  • 7326 Twin Beech Drive

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    7326 Twin Beech Drive

    3bd · 1ba · 920 sqft

    Sold May 2026

  • 3110 N Richardt Avenue

    $200,000

    3110 N Richardt Avenue

    4bd · 2ba · 1,120 sqft

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  • 7919 Benjamin Drive

    $113,000

    7919 Benjamin Drive

    3bd · 2ba · 1,248 sqft

    Sold May 2026

  • 3912 Wallace Avenue

    $180,000

    3912 Wallace Avenue

    3bd · 2ba · 1,200 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 30% below median for similar nearby sales.

$113K$200KMedian $179K
$125K

A few places to dig deeper:

Sheridan Heights MSD Lawrence Township

MLS# 22091764

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