Sold784d on market
3255 S Lyons Ave
Indianapolis, IN, 46221 • Mars Hill • Marion County
$83,000
$84/sqft
2Beds
1Baths
990Sqft
0.13 acLot
1940Built
Property DNA
Bungalow Style
Built 1940 · 86 years of history
Mars Hill
Mars Hill
Outdoor Living
Covered
2-Car Garage
Detached
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
784 days on market
Established listing
$84/sqft
Price per square foot
About this home
Single Family · Built 1940
Welcome to the latest addition to your investment portfolio! With just a few touch-ups, this cozy home, sitting on an expansive double lot, will be ready to welcome tenants. The inviting covered porch and spacious 2-car garage are sure to impress prospective renters. Don't miss out on this incredible opportunity!
Standout features identified
Our analysis highlights expansive double lot and covered porch as key attractions of this home.
Estimated monthly payment
Based on current rates
$541/month
Principal & Interest$431
Property Tax$83
Insurance$28
Down payment20% ($16,600)
3%50%
Est. 6.75% rate · 30yr fixed · $66,400 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1940
HeatingForced Air
CoolingNone
Parking2 Garage spaces
Lot5,662 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow
Year built1940
Stories1
Systems
HeatingForced Air
CoolingNone
ConstructionVinyl Siding
Water / SewerPrivate Well
Parking & Outdoor
ParkingDetached
Garage2 spaces
Lot5,662 sqft
Location & Tax
NeighborhoodMars Hill
Annual tax$1,326
Parcel491129111040000200
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Attic Access
Appliances
Electric Oven
Refrigerator
Heating
Forced Air
Cooling
None
Laundry
Connections All
Exterior Features
Parking
Detached
Construction
Vinyl Siding
Patio & Porch
Covered
Lot Features
Corner Lot
Security
Security Service
Room details
4 rooms detailed
Master Bedroom
Main10×10 ft100 sqft
Carpet
Bedroom2
Main10×10 ft100 sqft
Carpet
Kitchen
Main8×8 ft64 sqft
Vinyl
Living Room
Main12×16 ft192 sqft
Laminate
Listing insights
Market data and value estimates
StatusSold
Days on market784
Est. value$127,500
Est. rent$1,179/mo
Tax rate0.96%
Price/sqft$84
On marketOct 5, 2023
PostedOct 5, 2023
Last sold$83,000
MLS statusSold
MLS updatedMar 8, 2024
Tour days6
Views3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
12 events
DateEventPrice$/sqftSource
Feb 13, 2024Sold$83,000$84MIBOR as distributed by MLS GRID
Jan 20, 2024Pending Sale$89,000$90MIBOR as distributed by MLS GRID
Jan 9, 2024Listed For Sale$89,000$90MIBOR as distributed by MLS GRID
Dec 16, 2023Pending Sale$89,000$90MIBOR as distributed by MLS GRID
Nov 21, 2023Price Change$89,000$90MIBOR as distributed by MLS GRID
Oct 25, 2023Price Change$92,000$93MIBOR as distributed by MLS GRID
Oct 21, 2023Listed For Sale$95,000$96MIBOR as distributed by MLS GRID
Oct 17, 2023Pending Sale$95,000$96MIBOR as distributed by MLS GRID
Oct 5, 2023Listed For Sale$95,000$96MIBOR as distributed by MLS GRID
Feb 26, 2020Listing Removed$800$1Alpine Leasing, LLC
Feb 19, 2020Listed For Rent$800$1Alpine Leasing, LLC
Oct 16, 2019Sold$36,801$37Public Record
Sold$83,000
Feb 13, 2024•$84/sqft•MIBOR as distributed by MLS GRID
Pending Sale$89,000
Jan 20, 2024•$90/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$89,000
Jan 9, 2024•$90/sqft•MIBOR as distributed by MLS GRID
Pending Sale$89,000
Dec 16, 2023•$90/sqft•MIBOR as distributed by MLS GRID
Price Change$89,000
Nov 21, 2023•$90/sqft•MIBOR as distributed by MLS GRID
Price Change$92,000
Oct 25, 2023•$93/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$95,000
Oct 21, 2023•$96/sqft•MIBOR as distributed by MLS GRID
Pending Sale$95,000
Oct 17, 2023•$96/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$95,000
Oct 5, 2023•$96/sqft•MIBOR as distributed by MLS GRID
Listing Removed$800
Feb 26, 2020•$1/sqft•Alpine Leasing, LLC
Listed For Rent$800
Feb 19, 2020•$1/sqft•Alpine Leasing, LLC
Sold$36,801
Oct 16, 2019•$37/sqft•Public Record
Tax history
17 years of records
YearTax paidAssessed value
Apr 8, 2024$2,224$105,200
Apr 8, 2023$2,164$99,600
Apr 8, 2022$1,325$96,700
Apr 8, 2021$1,321$57,900
Apr 8, 2020$412$58,100
Apr 8, 2019$410$58,200
Apr 8, 2018$420$55,800
Apr 8, 2017$498$53,600
Apr 8, 2016$414$53,200
Apr 8, 2014$392$49,900
Apr 8, 2013$372$49,900
Apr 8, 2012$372$49,400
Apr 8, 2011—$48,100
Apr 8, 2010$337$47,200
Apr 8, 2009$601$47,200
Apr 8, 2007—$33,700
Apr 8, 2006—$37,500
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 15:13:15 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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