OFF MARKET

Off market oct 2024 for $300K

$303,426

•

2,254

sq ft

3940 Kollman Rd, Indianapolis, IN 46241

About this home

A beautiful, unique 1890 farmhouse with property zoned residential/commercial secluded on 1.21 wooded acres is a wonderful rare find in Decatur Township! The wonderful historic farm home itself -features 1838 sq ft- 4/5 bedrooms, 2baths, country kitchen, pantry, LR/DR, small office, main level laundry and its very own front sitting porch to enjoy a fresh brew in the morning or a late afternoon lemonade! The remodeled MBR suite is complete with a new bath/shower, fixtures, cabinet/counter, sky lights and access to upper-level Located just 3 minutes from Indianapolis Airport, this historic property ALSO FEATURES an amazing renovated & fully operable detached 640 sq ft-2BR/1BA MOTHER IN LAW QUARTER/AIRBNB w/full kitchen, appliances, formal LR- PLUS a coveted 43'x40' (circa 1994) STEEL POLE BARN with 3 service garage doors, 20/25' ceilings, workshop, office, 2nd story loft for additional storage and 1/2 bath- perfect for an Owner Occupant/ Mother-in Law, investor/Rental/Airbnb or small commercial business owner! The farmhouse, Mother-in-Law quarters and Pole barn all on separate electrical meters, are surrounded by mature trees, a circular drive and outdoor fire pit area. Homeowners with children are less than 2 miles to Decatur Township's Elementary/Middle/High Schools and with easy access to I-465/i70 your work commute to Indianapolis International Airport, Fed-EX, downtown Indy, Ameriplex or the Plainfield Commercial District is quick/fast/efficient, providing this unique property the perfect location for a new homeowner/investor/Airbnb or commercial businessman seeking city convenience without giving up the tranquility and privacy of "rural" style living! With no HOA- this property zoned both residential and commercial has so many opportunities! Home to a wonderful family for many years- family relocation is affording a rare opportunity to own a bit of history on a private, secluded lot. Schedule a showing today- you will not be disappointed.

Single-familyProperty Type

1890Year Built

1.21 acresLot Size

$135Est. Price/Sq.Ft.

4 car garageParking

Listed by Mark Harris • CENTURY 21 Scheetz

Contact: mharris@c21scheetz.com

Bought with Mark Harris • CENTURY 21 Scheetz

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21980399

Redfin Estimate

$303,426

$3,426 since sold in October 2024$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.3% higher than the average sale price ($233K) of 6 comparable homes.

SOLD AUG 18, 2026
$275,000
A
4 beds4 baths2,414 sq ft
6810 W Thompson Rd, Indianapolis, IN 46241
SOLD JUN 10, 2026
$275,000
B
4 beds3.5 baths2,364 sq ft
4851 Wycliff East Dr, Indianapolis, IN 46221
SOLD JUN 29, 2026
$277,000
C
4 beds2.5 baths1,656 sq ft
5421 Mendenhall Rd, Indianapolis, IN 46241
SOLD OCT 21, 2025
$150,000
D
4 beds3 baths2,486 sq ft
5670 W Mooresville Rd, Indianapolis, IN 46221
SOLD SEP 17, 2026
$195,000
E
4 beds2.5 baths1,889 sq ft
5504 Wheatstone Ct, Indianapolis, IN 46221
SOLD JUN 18, 2026
$225,000
F
4 beds2 baths2,080 sq ft
3610 Olender Dr, Indianapolis, IN 46221

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$51,925

Est. take-home

List your home with Redfin and save $3,034

Rent

$1,992/mo

Redfin rental estimate

List your home for rent

Market trends in 46241, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.2%

+0.4% MoM

Median sale price

$170K

$2K MoM

Avg. days on market

21d

2 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 8 HRS AGO
$165,000
4 beds1.5 baths1,622 sq ft
4906 W Troy Ave, Indianapolis, IN 46241
NEW 34 HRS AGO
$254,900
3 beds2 baths1,511 sq ft
6914 Kirkwood Club Dr, Indianapolis, IN 46241
$149,900
2 beds1 bath1,417 sq ft
802 S Rybolt Ave, Indianapolis, IN 46241
3D WALKTHROUGH
$189,900
3 beds1 bath1,084 sq ft
1025 S Roena, Indianapolis, IN 46241
1237 Waldemere Ave, Indianapolis, IN 46241
$120,000
3 beds1 bath1,032 sq ft
1237 Waldemere Ave, Indianapolis, IN 46241
4843 W Beecher St, Indianapolis, IN 46241
$130,000
2 beds1 bath1,164 sq ft
4843 W Beecher St, Indianapolis, IN 46241
$140,000
3 beds1 bath1,066 sq ft
3033 S Fleming St, Indianapolis, IN 46241
3D WALKTHROUGH
$149,900
2 beds1 bath768 sq ft
2929 Denison St, Indianapolis, IN 46241
FOR SALE BY OWNER
$199,000
2 beds2 baths1,036 sq ft
548 S Cole St, Indianapolis, IN 46241
$249,900
4 beds2 baths1,946 sq ft
527 S Holt Rd, Indianapolis, IN 46241
See all

Provided by Redfin

Sale history for 3940 Kollman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,908 (+77.9%)

$23,700 + $185,800

$209,500

2024

$2,759 (−16.2%)

$23,700 + $199,100

$222,800

2023

$3,293 (+7.4%)

$23,700 + $199,100

$222,800

2022

$3,066 (−27.6%)

$23,700 + $175,500

$199,200

2021

$4,236 (+98.1%)

$23,700 + $134,600

$158,300

2020

$2,138 (−10.6%)

$23,700 + $134,600

$158,300

2019

$2,391 (+4.0%)

$23,700 + $111,400

$135,100

2018

$2,299 (+7.7%)

$23,700 + $111,400

$135,100

2017

$2,135 (−7.8%)

$23,700 + $96,700

$120,400

2016

$2,316 (+10.1%)

$23,700 + $96,700

$120,400

2015

$2,104 (+1.1%)

$23,700 + $105,100

$128,800

2014

$2,082 (+8.6%)

$23,700 + $105,100

$128,800

2013

$1,917

$23,700 + $101,400

$125,100

Tax history for 3940 Kollman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,908 (+77.9%)

$23,700 + $185,800

$209,500

2024

$2,759 (−16.2%)

$23,700 + $199,100

$222,800

2023

$3,293 (+7.4%)

$23,700 + $199,100

$222,800

2022

$3,066 (−27.6%)

$23,700 + $175,500

$199,200

2021

$4,236 (+98.1%)

$23,700 + $134,600

$158,300

2020

$2,138 (−10.6%)

$23,700 + $134,600

$158,300

2019

$2,391 (+4.0%)

$23,700 + $111,400

$135,100

2018

$2,299 (+7.7%)

$23,700 + $111,400

$135,100

2017

$2,135 (−7.8%)

$23,700 + $96,700

$120,400

2016

$2,316 (+10.1%)

$23,700 + $96,700

$120,400

2015

$2,104 (+1.1%)

$23,700 + $105,100

$128,800

2014

$2,082 (+8.6%)

$23,700 + $105,100

$128,800

2013

$1,917

$23,700 + $101,400

$125,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

—

Stories

1.5

Lot width

—

Lot depth

—

Lot size

1.21 Acres

Year renovated

1890

Sq. Ft.

2,080

Year built

1890

Style

Single Family Residential

County

Marion County

APN

491226101002000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking Information
Garage SqFt: 1720
Garage Parking Other: Service Door,Other
Parking Features: Detached, Gravel, Storage, Workshop in Garage, Other
Garage Spaces: 4
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2254
Living Area: 1838
Main Level Sq. Ft.: 1069
Upper Level Sq. Ft.: 769
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Balcony,Sitting Room
# of Upper Bedrooms: 6
Beds MU: 6
Bedrooms MU: 6

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 2
# of Full Baths (Upper): 2
# of Full Baths (Main): 1
# of Half Baths (Main): 2
Half Baths MU: 2
Half Bathrooms MU: 2
Full Baths MU: 3
Full Bathrooms MU: 3
Primary Bathroom Description: Shower Stall Full,Sinks Double

Room 1 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 13x12
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 12x12
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 16x12
Room Level: Main

Room 4 Information
Room Type: Laundry
Room Features: Other
Room Dimensions: 9x8
Room Level: Main

Room 5 Information
Room Features: Carpet
Room Dimensions: 10x14
Room Level: Upper

Room 6 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 9x18
Room Level: Upper

Room 7 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 10x8
Room Level: Upper

Room 8 Information
Room Type: Loft
Room Features: Hardwood
Room Dimensions: 14x10
Room Level: Upper

Room 9 Information
Room Type: Office
Room Features: Vinyl
Room Dimensions: 8x10
Room Level: Main

Room 10 Information
Room Type: Bonus Room
Room Features: Parquet
Room Dimensions: 11x9
Room Level: Main

Room 11 Information
Room Type: Sun Room
Room Features: Other
Room Dimensions: 22x7
Room Level: Main

Room 12 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 10x8
Room Level: Upper

Room 13 Information
Room Type: Bedroom 5
Room Features: Carpet
Room Dimensions: 12 x10
Room Level: Upper

Room 14 Information
Room Type: Bedroom 6
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Upper

Other Rooms Information
Rooms Upper: 7
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 14

Laundry Room Information
Laundry Features: Connections All, Laundry Room

Basement Information
Has Basement
Basement Features: Cellar, Partial

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Built In Book Shelves, Hardwood Floors, In-Law Arrangement, Pantry, Screens Some, Supplemental Storage, Wood Work Painted
Appliances: Microwave, Electric Oven, Refrigerator
Areas Interior: Bedroom Other on Main,Laundry in Unit,Utility Room

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Patio And Porch Features: Covered Porch, Deck UP, Screened
Exterior Features: Balcony, Barn Pole, Carriage/Guest House, Out Building With Utilities, Storage Shed
Fence YN: Yes
Fencing: Partial

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Sump Pump
Property Type: Residential
Property Condition: Fixer
Has View
Property Sub Type: Single Family Residence

Land Information
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 1.21
Lot Features: Corner Lot, Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private Well
Electric: 200+ Amp Service
Utilities: Cable Available, Gas Nearby, Septic System, Well
Solid Waste Information: Yes
Fuel Information: No Fuel Source

Location

School Information
Elementary School: Blue Academy
Middle Or Junior High School: Decatur Middle School
High School: Decatur Central High School
High School District: MSD Decatur Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Pt Se1/4 Sw1/4 S26 T15 R2 Se Cor P.O.B. W208.71' N251.58' E208.71' S251.58' To Beg 1.21 Ac

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 4
Baths: —
Sq. Ft.: 2,080
Stories: 1.5
Lot Size: 1.21 acres
Style: Single Family Residential
Year Built: 1890
Year Renovated: 1890
County: Marion County
APN: 491226101002000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: mharris@c21scheetz.com

Green Information
Green Certification YN: No
Direction Faces: East

Home Information
Foundation Details: Block
Construction Materials: Wood
Levels: One and One Half

Around this home

Schools

Liberty Early Elementary School

Public PreK-6 • Assigned • 1.9mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.3mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.4mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

3/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46241

Average low and high temperatures (°F)

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

$289,000 – $349,000

Reach more buyers when you sell with Redfin. Save up to $3,034 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$228,900

3 beds2 baths1,107 sq ft

5814 Emmert Way, Indianapolis, IN 46221

$159,900

2 beds2 baths2,496 sq ft

2731 Denison St, Indianapolis, IN 46241

3D WALKTHROUGH

$329,900

3 beds2.5 baths1,998 sq ft

6741 Camby Rd, Indianapolis, IN 46221

OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

$262,500

3 beds2 baths2,148 sq ft

5514 Winship Ct, Indianapolis, IN 46221

$88,900

3 beds1.5 baths2,200 sq ft

5368 W Hanna Ave, Indianapolis, IN 46221

NEW CONSTRUCTION3D WALKTHROUGH

$323,350

3 beds2 baths1,601 sq ft

6304 Cisticola Dr, Indianapolis, IN 46221

New listings for sale in 46241

NEW 8 HRS AGO

$165,000

4 beds1.5 baths1,622 sq ft

4906 W Troy Ave, Indianapolis, IN 46241

NEW 34 HRS AGO

$254,900

3 beds2 baths1,511 sq ft

6914 Kirkwood Club Dr, Indianapolis, IN 46241

$149,900

2 beds1 bath1,417 sq ft

802 S Rybolt Ave, Indianapolis, IN 46241

3D WALKTHROUGH

$189,900

3 beds1 bath1,084 sq ft

1025 S Roena, Indianapolis, IN 46241

$120,000

3 beds1 bath1,032 sq ft

1237 Waldemere Ave, Indianapolis, IN 46241

$130,000

2 beds1 bath1,164 sq ft

4843 W Beecher St, Indianapolis, IN 46241

$140,000

3 beds1 bath1,066 sq ft

3033 S Fleming St, Indianapolis, IN 46241

3D WALKTHROUGH

$149,900

2 beds1 bath768 sq ft

2929 Denison St, Indianapolis, IN 46241

FOR SALE BY OWNER

$199,000

2 beds2 baths1,036 sq ft

548 S Cole St, Indianapolis, IN 46241

Home values near 3940 Kollman Rd

Data from public records.

Address

Address

Address

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

More real estate resources

Zip Codes
Minor Civil Divisions
Neighborhoods
Cities
Popular Searches

46226 homes for sale
46227 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Franklin Township homes for sale
Lawrence Township homes for sale
Pike Township homes for sale
Washington Township homes for sale
Center Township homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Crown Point, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale