Investor special with strong upside potential in Decatur Township! This 2-bedroom, 1-bath ranch offers approximately 900 square feet of living space on a 0.13-acre lot. Features include a spacious living room, eat-in kitchen, utility room, private well, city sewer, and a detached outbuilding/workshop with potential for storage or future garage use. Conveniently located near schools, shopping, and major highways. Bring your vision and renovation ideas to unlock this property's potential. Property is being sold AS-IS.
Active
Price cut: $5K (6/26)
$84,900
3317 S Lyons Ave, Indianapolis, IN 46221
2beds
900sqft
Residential, Single Family Residence
Built in 1938
5,662 Square Feet Lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Eat-in kitchenUtility room
- 72 days
- 358
- 7
Zillow last checked:
Listing updated:
Listed by:
Terry Young 765-335-1905,
Red Bridge Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22108807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 112.42 Square Feet
- Dimensions: 11'10"X9'6"
Bedroom 2
- Level: Main
- Area: 102.56 Square Feet
- Dimensions: 11'10"X8'8"
Dining room
- Level: Main
- Area: 173.46 Square Feet
- Dimensions: 11'6"X15'1"
Kitchen
- Features: Other
- Level: Main
- Area: 138.96 Square Feet
- Dimensions: 11'6"x12'1"
Laundry
- Features: Other
- Level: Main
- Area: 25.97 Square Feet
- Dimensions: 5'8"X4'7"
Living room
- Level: Main
- Area: 366.3 Square Feet
- Dimensions: 18.5X19.8
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Water Heater, Electric Water Heater
Features
- Attic Access, Eat-in Kitchen
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 900
- Total interior livable area: 900 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Chain Link
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 491129111127000200
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Stone, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Electric: Circuit Breakers
- Water: Private
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Mars Hill
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $90,400
- Annual tax amount: $2,092
- Date on market: 6/17/2026
- Cumulative days on market: 74 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $84,900-5.6%$94/sqft |
Source:  MIBOR as distributed by MLS GRID #22108807 Report a problem | ||
| 6/17/2026 | Listed for sale | $89,900+199.7%$100/sqft |
Source: MIBOR as distributed by MLS GRID #22108807 Report a problem | ||
| 8/24/2009 | Sold | $30,000+35.7%$33/sqft |
Source: Public Record Report a problem | ||
| 7/9/2005 | Sold | $22,107$25/sqft |
Source: MIBOR as distributed by MLS GRID #2511176 Report a problem | ||
| 8/31/2001 | Sold | --0 |
Source: MIBOR as distributed by MLS GRID #2133845 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,980 +5.8% | $90,400 +2% |
| 2024 | $1,872 +3.1% | $88,600 +5.7% |
| 2023 | $1,815 +62.1% | $83,800 +3.3% |
| 2022 | $1,119 +0.7% | $81,100 +65.8% |
| 2021 | $1,112 -0.7% | $48,900 |
| 2020 | $1,119 +5.7% | $48,900 |
| 2019 | $1,059 -20.4% | $48,900 +4.5% |
| 2018 | $1,329 -27.4% | $46,800 +27.2% |
| 2017 | $1,831 +129.1% | $36,800 +1.4% |
| 2016 | $799 +4.4% | $36,300 +8% |
| 2014 | $765 +16.3% | $33,600 |
| 2013 | $658 | $33,600 +2.1% |
| 2012 | $658 | $32,900 -0.3% |
| 2011 | -- | $33,000 -0.9% |
| 2010 | $666 -22.4% | $33,300 -22.4% |
| 2009 | $858 | $42,900 -12.1% |
| 2007 | -- | $48,800 -0.6% |
| 2006 | -- | $49,100 +7.9% |
| 2004 | -- | $45,500 -21.4% |
| 2003 | -- | $57,900 +185.2% |
| 2002 | -- | $20,300 +199.9% |
| 2001 | -- | $6,770 |
| 2000 | -- | $6,770 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Mars Hill
Nearby schools
Schools provided by the listing agent
- Elementary: Stephen Decatur Elementary School
- Middle: Decatur Middle School
- High: Decatur Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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