Investment opportunity in Mars Hill area of Decatur Township! This tenant-occupied single-family home offers 3 bedrooms, a bonus room, 1 full bath, and over 1,700 square feet of living space. Upon arrival, you'll appreciate the off-street parking and quaint covered front porch that welcomes you inside. The main level features a spacious living room filled with natural light from the large front window. The functional eat-in kitchen offers ample cabinetry, sleek black appliances, and plenty of counter space for meal prep. Just off the kitchen, you'll find a convenient first-floor laundry/utility room. Down the hall are two generously sized bedrooms with neutral paint and carpeting, along with a full bathroom featuring a tub/shower combination. Upstairs, you'll find an additional bedroom and a versatile bonus room perfect for a home office, playroom, hobby space, or guest area. A detached 2-car garage provides added storage and convenience. Current tenant has occupied the property since July 2025 and is under lease through July 2027 at $1,200 per month, making this a great addition to any investment portfolio. Don't miss your opportunity to add this income-producing property to your portfolio!
Single-familyProperty Type
1950Year Built
5,881 sq ftLot Size
$79Price/Sq.Ft.
1 car garageParking
Listed by Rosie Berzenye• T&H Realty Services, Inc.
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Airspace Secondary Zoning District
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Jun 19, 2013 • Active
Electrical permit-1-2 family-upgrade service only
Upgrade the electrical service from 100 amps to 200 amps.
Electrical
Jun 19, 2013 • Active
Self certification tag
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46241
Average low and high temperatures (°F)
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18
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27
60
40
68
48
71
54
82
66
87
72
82
66
81
61
70
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3020 S Roena St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $107,500 and $174,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $108K to $174K.