House needs full rehab but is a great investment opportunity. 2 bed, 1 bath home with a nice sized backyard and a shed for extra storage. No utilities are on and will not be turned on.
Single-familyProperty Type
1942Year Built
5,227 sq ftLot Size
$160Est. Price/Sq.Ft.
Listed by Eric Forney• Keller Williams Indy Metro NE
Listed by Ido Shuqrun• Keller Williams Indy Metro NE
Bought with Lindsey Winkhart• RE/MAX Advanced Realty
Source:MIBOR as Distributed by MLS Grid #21572688
Redfin Estimate
$118,341
$105K since sold in October 2020$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.4% higher than the average sale price ($99K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D5
AIRSPACE SECONDARY ZONING DISTRICT
COMPACT
Dwelling District Five
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
Apr 5, 2019 • Final
Structural - one or two family
Remodel
Roofing
Oct 29, 2018 • Final
Electrical - 1-2 family
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.
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: MARS HILL
Living Sq. Ft: 740
Adjusted Gross Sq. Ft: 740
Ground Floor Sq. Ft: 740
Building Sq. Ft: 740
# of Stories: 1
Legal Description: MARS HILL L2392
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,227
Legal Lot Number: 2392
Municipality Name: DECATUR, OUTSIDE
Acres: 0.12
Depth Footage: 130
Front Footage: 40
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 740
Stories: 1.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 1942
Year Renovated: 1992
County: Marion County
APN: 491129111432000200
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Stephen Decatur Elementary School
Public K-6 • Assigned • 0.5mi
4/10
Decatur Middle School
Public 7-8 • Assigned • 3.5mi
3/10
Decatur Central High School
Public 9-12 • Assigned • 3.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 71-79% chance 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 • 46221
Average low and high temperatures (°F)
33
18
43
26
62
40
69
49
72
54
83
66
87
72
83
65
81
60
71
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$113,000 – $137,000
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