For Sale63d on marketHistoric · 97 yrs
3103 S Lockburn St
Indianapolis, IN, 46221 • Mars Hill • Marion County
$234,900
$91/sqft
-$5,000 since Feb 23, 2026
Down payment assistance available
2Beds
1Baths
2,592Sqft
0.48 acLot
1929Built
Property DNA
Neighborhood Views
Neighborhood
Craftsman,Traditional Style
Built 1929 · 97 years of history
No Subdivision
Mars Hill
Outdoor Living
Covered
1 Fireplace
Living Room · Wood Burning · Masonry
2-Car Garage
Detached
Premium Finishes
Walk-In Closet(s)
This home is getting attention
Listed 63 days ago · 520 views · 32 saves
Market activity
Demand and pricing signals for this listing
520 views
People checking out this listing
32 saves
Buyers have saved this home
63 days on market
Established listing
$91/sqft
Price per square foot
About this home
Single Family · Built 1929 · Historic
Welcome home to this spacious 2-bedroom, 1-bath property on Indianapolis' Southwest side, offering just under 2,600 square feet of living space and endless possibilities. Situated on an expansive, nearly half-acre corner lot, this rare find includes four combined parcels, presenting a unique opportunity for future lot splits or added value. Inside, you'll find a generous floor plan with ample living and dining areas, perfect for everyday comfort or entertaining. The updated kitchen and bathroom add modern appeal with features such as: stone counters, ample cabinet space, rustic wood-plank accent walls, two tiled showers, large tub, and a double vanity allowing for plenty of space! The unfinished basement provides abundant storage and flexible space to suit your needs-whether a workshop, hobby area, office or home gym. Major mechanical updates offer peace of mind, including newer HVAC, windows, and a tankless water heater-helping keep big-ticket expenses at bay for years to come. This home delivers affordable living today with land and options for tomorrow. A standout opportunity for homeowners and investors alike-don't miss it.
Standout features identified
Our analysis highlights four combined parcels, stone counters, and rustic wood-plank accent walls as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,548/month
Principal & Interest$1,235
Property Tax$235
Insurance$78
Down payment20% ($46,980)
3%50%
Est. 6.88% rate · 30yr fixed · $187,920 loan
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At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1929
HeatingForced Air, Natural Gas
CoolingCentral Air, Window Unit(s)
Parking2 Garage spaces
Lot0.48 Acres
Days on Zillow63 Days
Price/sqft$91
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleCraftsman,Traditional
ConditionUpdated/Remodeled
Year built1929
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air, Window Unit(s)
ConstructionAluminum Siding, Brick
Water / SewerWell, Private
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementDaylight,Full,Storage Space,Unfinished
Fireplaces1
FencingFenced,Chain Link,Partial
Lot0.48 Acres
Location & Tax
NeighborhoodMars Hill
Annual tax$1,896
Parcel491129111567000200
Bathrooms & Fees
Full baths1
Features & details
14 categories of property features
Interior Features
Interior
Attic Access
Double Vanity
Pantry
Walk-In Closet(s)
Appliances
Dishwasher
Disposal
MicroHood
Electric Oven
Refrigerator
Tankless Water Heater
Water Softener Owned
Heating
Forced Air
Natural Gas
Cooling
Central Air
Window Unit(s)
Laundry
In Basement
Fireplace
Living Room
Wood Burning
Masonry
Exterior Features
Exterior
Fire Pit
Parking
Detached
Construction
Aluminum Siding
Brick
Patio & Porch
Covered
Lot Features
Corner Lot
Not In Subdivision
Mature Trees
Trees-Small (Under 20 Ft)
Security
Smoke Detector(s)
Views
Neighborhood
Utilities
Electricity Connected
Sewer Connected
Water Connected
Room details
9 rooms detailed
Master Bedroom
Main17×10 ft170 sqft
Bedroom2
Main10×9 ft90 sqft
Bonus Room
Basement39×12 ft468 sqft
Other
Dining Room
Main13×13 ft169 sqft
Kitchen
Main13×9 ft117 sqft
Living Room
Main26×12 ft312 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market63
Tax rate0.96%
Price/sqft$91
On marketFeb 4, 2026
PostedFeb 4, 2026
Last sold$105,000
MLS statusActive
MLS updatedMar 12, 2026
Tour days9
Views520
Favorites32
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
7 events
DateEventPrice$/sqftSource
Feb 23, 2026Price Change$234,900$91MIBOR as distributed by MLS GRID
Feb 4, 2026Listed For Sale$239,900$93MIBOR as distributed by MLS GRID
May 2, 2025Sold$105,000$41MIBOR as distributed by MLS GRID
Mar 4, 2025Pending Sale$130,000$50MIBOR as distributed by MLS GRID
Feb 27, 2025Listed For Sale$130,000$50MIBOR as distributed by MLS GRID
May 22, 2020Sold$13,000$5Public Record
Jul 31, 2006Sold$34,581$13Public Record
Price Change$234,900
Feb 23, 2026•$91/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$239,900
Feb 4, 2026•$93/sqft•MIBOR as distributed by MLS GRID
Sold$105,000
May 2, 2025•$41/sqft•MIBOR as distributed by MLS GRID
Pending Sale$130,000
Mar 4, 2025•$50/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$130,000
Feb 27, 2025•$50/sqft•MIBOR as distributed by MLS GRID
Sold$13,000
May 22, 2020•$5/sqft•Public Record
Sold$34,581
Jul 31, 2006•$13/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$2,559$120,900
Apr 8, 2023$2,484$114,600
Apr 8, 2022$1,582$111,000
Apr 8, 2021$1,571$69,100
Apr 8, 2020$1,582$69,100
Apr 8, 2019$5,425$69,100
Apr 8, 2018$6,609$66,500
Apr 8, 2017$2,672$63,800
Apr 8, 2016$1,401$63,300
Apr 8, 2014$1,355$59,500
Apr 8, 2013$578$59,500
Apr 8, 2012$578$58,900
Apr 8, 2011—$72,200
Apr 8, 2010$686$72,600
Apr 8, 2009$587$74,800
Apr 8, 2007—$82,600
Apr 8, 2006—$82,600
Apr 8, 2005—$64,000
Apr 8, 2004—$64,000
Apr 8, 2003—$90,000
Apr 8, 2002—$25,500
Apr 8, 2001—$8,500
Apr 8, 2000—$8,500
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 10:07:53 PDT. 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. [Click here for more information](/mls-disclaimers/#48)
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