3906 South Lynhurst Drive

Indianapolis, IN 46221

$550,000
Price
4
Beds
1
Bath
1
1/2 Bath
2,912 Sq. Ft.
$189 / Sq. Ft.
2,912
Sq. Ft.
$189
per Sq. Ft.

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...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!
  1. Listed by Candice Childs • Scott Estates • candice@scottestates.net
  2. Listed by Mike Scott • Scott Estates

Property Details for 3906 South Lynhurst Drive

Architectural Style
TraditonalAmerican
Subdivision Name
Mars Hill
Township
Decatur
LISTING UPDATED: 09/27/2024 06:56 PM

Property Details for 3906 South Lynhurst Drive

StatusActive
MLS #21998407
Days on Market67
Taxes$1,214 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1915
Lot Size0.79 AC / 34,412 SF
CountyMarion County

Building Information for 3906 South Lynhurst Drive

Stories-Year Built1915Building Size-Lot Size0.79 AC / 34,412 SF

Property Information for 3906 South Lynhurst Drive

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46221
  • Postal Code Plus4: 2715
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491225111024000200
  • Semi Annual Property Tax Amt: 1214
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: 0
School Information
  • School District: MSD Decatur Township
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 484
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Lot Size Square Feet: 34492.0
  • Lot Size Acres: 0.79
  • Main Level SqFt: 2120
  • New Construction: False
  • Sqft Total: 2120.0
  • Sq Ft Total: 2912.0
  • Year Built Numeric: 1915
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: S25 T15 R2 Pt Se1/4 Se1/4 Beg 472.71Ft N & 30Ft Wse Cor W 359.02Ft Ne 320.16Ft E 68.86Ft S159.02Ft To Beg .79Ac Pg 471
  • Photos Count: 2
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Other
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement YN: Yes
  • Cooling: Other
  • Eating Area: Dining Combo/Kitchen
  • Fireplace Features: Other
  • Fireplaces Total: 1
  • Heating: Other
  • Interior Features: Supplemental Storage
  • Levels: One and One Half
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4
  • Room and Features: Living Room-Main-Hardwood, Primary Bedroom-Upper-Laminate, Bedroom 2-Upper-Hardwood, Bedroom 3-Upper-Hardwood, Bedroom 4-Main-Hardwood
  • Main Level Bedrooms: 1
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Hardwood
  • Room Type: Living Room
Room 2
  • Room Level: Upper
  • Room Dimensions: 10x10
  • Room Features: Laminate
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Upper
  • Room Dimensions: 10x10
  • Room Features: Hardwood
  • Room Type: Bedroom 2
Room 4
  • Room Level: Upper
  • Room Dimensions: 10x10
  • Room Features: Hardwood
  • Room Type: Bedroom 3
Room 5
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Hardwood
  • Room Type: Bedroom 4
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 0
  • Full Baths MU: 1
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 3906 South Lynhurst Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3906 South Lynhurst Drive

Taxable ValueLand$20,800Additions$202,400Total$223,200
Tax Record2023$2,477 ($206 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtStories2Lot Size34,492 SqFtStyleSingle Family ResidenceYear Built1915CountyMARIONAPN49-12-25-111-024.000-200Fireplace TypeHas Fireplace

Schools near 3906 South Lynhurst Drive

This home is within M S D Decatur Township.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Blue Academy
PublicK to 6

Decatur Middle School
Public7 to 8

Decatur Central High School
Public9 to 12

Liberty Early Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3906 South Lynhurst Drive is a single family home for sale in Indianapolis, IN 46221. This property was listed for sale on August 30, 2024 by Scott Estates, it's currently listed at $550,000. This listing's school district is M S D Decatur Township. Nearby schools include Blue Academy, Decatur Middle School and Decatur Central High School. 3906 South Lynhurst Drive is a 4-bed, 1.5-bath, 2,912 sqft single family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Scott Estates

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.