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3906 S Lynhurst Dr, Indianapolis, IN 46221

$550,000

Charming two-story home with a large front porch at 3906 S Lynhurst Dr, Indianapolis, IN 46221
  • Bedrooms

    4

  • Baths

    2

  • Sq. Feet

    2912

  • Year Built

    1915

  • Days on Market

    82

  • $/SqFt

    $189

2 Photos

  • Charming two-story home with a large front porch at 3906 S Lynhurst Dr, Indianapolis, IN 46221
  • Large backyard with mature trees and a playset at 3906 S Lynhurst Dr, Indianapolis, IN 46221
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Home Description

This property offers an incredible opportunity for investors looking to capitalize on a high-traffic location. Currently zoned residential but ideally suited for commercial use, this lot spans just over 3/4 of an acre and is perfectly situated in a bustling area with significant daily traffic. The property includes a 4-bedroom, 1.5-bath single-family home, providing ample living space. In addition to the house, there is a duplex and a small office building on the lot, offering flexibility for various business ventures or rental opportunities. These structures are in need of attention, but with the right improvements, these buildings could be turned into lucrative assets. Given its location and potential, this property is a rare find and a smart investment for those looking to make the most of a high-visibility area. Don't miss the chance to turn this property into a thriving commercial enterprise!

  • MLS #: 21998407
  • Street Address: 3906 S Lynhurst Dr
  • City: Indianapolis
  • Zip: 46221
  • County: Marion
  • Township: Decatur
  • Subdivision: Mars Hill
  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Basement: Yes
  • Garage Spaces: 2
  • Acres: 1/2-1 Acre
  • Siding: Vinyl Siding

Available now at $550,000

Approximate Room Sizes / Descriptions

Living Room12x12Main
Primary Bedroom10x10Upper
Bedroom 210x10Upper
Bedroom 310x10Upper
Bedroom 410x10Main
  • Interior Description: Supplemental Storage
  • Full Baths: 1
  • Half Baths: 1
  • Num Fireplaces: 1
  • Fireplace Description: Other
  • Appliances: None
  • Eating Area: Dining Combo/Kitchen
  • Heating: Other
  • Cooling: Other
  • : candice@scottestates.net

Neighborhood

The average asking price of a 4 bedroom Indianapolis home in this zip code is $313,110 (43.1% less than this home).

This home is priced at $189/sqft, which is 11.0% less than similar homes in the 46221 zip code.

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School Information

  • School District:MSD Decatur Township

Financial

  • Approx Payment:$2,226*
  • Semi Annual Taxes:$1,214

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (574) 350-0578 and speak with one of our real estate consultants.

Listing Courtesy of Scott Estates. For information or to schedule a viewing of this property (MLS# 21998407), call: 574-350-0578

3906 S Lynhurst Dr, Indianapolis IN is a single family home of 2912 sqft and is currently priced at $550,000 . This single family home has 4 bedrooms. A comparable home for sale at 6223 Card Blvd in Indianapolis is listed at $360,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Smithfield, Cardinal Village and Emerald Village are nearby neighborhoods. MLS 21998407 has been posted on this site since 8/30/2024 (today).

2024

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