Sheldon Barnes
For Sale — 9887 Royce Drive, Indianapolis, IN 462359887 Royce Drive
Indianapolis, Indiana 46235
Tudor Park
3
Beds
2
Baths
1,048
Sq Ft
1973
Year Built
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 9887 Royce Drive in Tudor Park, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Income producing 3 bedroom 2 bath condo currently tenant occupied and ready to go for an investor seeking immediate rental income. This unit offers a functional floor plan with a private patio and an attached garage. The unit was rehabbed prior to the current tenant moving in and has been maintained during tenancy. Located within an established condominium association. Ideal for investors focused on cash flow rather than location amenities. Property is priced accordingly and being sold as an income producing asset.dining, and major commuter routes. Ideal opportunity to add a low maintenance rental to your portfolio.
Key things to know
- Tenant-occupied, income-ready
- Recently rehabbed
- Private patio
- Attached 1-car garage
- Functional floor plan
Monthly payment
Estimate · $79,000
$674/mo
≈ $420 principal & interest · $3 tax · $250 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $15,800 on a loan of $63,200.
Price history
- Price reduced$90,000 → $79,000
Apr 9, 2026
- Listedat $90,000
Dec 20, 2025
Tudor Park · activity
past 6 months
- Sold
- 49
- Median price
- $10,000
- Median DOM
- 316 days
Recent comparable sales
$230,000
3713 Foxtail Drive
3bd · 2ba · 1,281 sqft
Sold May 2026
$214,900
4456 Pepperidge Circle
3bd · 2ba · 1,316 sqft
Sold May 2026
$205,000
3602 Bearwood Drive
3bd · 2ba · 1,224 sqft
Sold May 2026
$125,000
9613 E 39th Place
3bd · 1ba · 1,073 sqft
Sold May 2026
$95,000
10230 Meadowlark Drive
3bd · 2ba · 1,236 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 61% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$90,000Listed· Dec 20, 2025
$79,000Reduced
↓ $11,000 (12.2% off original)
70 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis9.5 mi
- Fishers High School9.8 mi
- Conner Prairie10.0 mi
- IU Health North Hospital10.4 mi
- Hamilton Southeastern HS11.3 mi
- Monon Trail (Carmel)11.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,048 sq ft
Year Built
1973
Stories
Two
Subdivision
Tudor Park
Bedrooms
3
Bathrooms
2 full
Garage
1 spaces
School District
Indianapolis Public Schools