Indy downtown bungalow offers great potential with a full basement, partially finished for added living or storage space. Hardwood floors add character throughout. Home needs some TLC, making it ideal for investors or buyers ready to build equity. Features include a detached garage, storage shed, and a chain-link fenced yard. Conveniently located near I-70 with easy access to downtown Indianapolis. Great opportunity in a central location!
Active
$150,000
3528 Lambert St, Indianapolis, IN 46241
2beds
1,440sqft
Residential, Single Family Residence
Built in 1951
0.27 Acres Lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Chain-link fenced yardDetached garageStorage shed
- 135 days |
- 257 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Vallabai Pattel 812-565-2934,
RE/MAX Real Estate Prof
Source: MIBOR as distributed by MLS GRID,MLS#: 22084675
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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: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Refrigerator, Water Heater, Water Purifier, Water Softener Owned
- Laundry: In Basement
Features
- Attic Access, Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Windows: WoodWorkStain/Painted
- Basement: Full
- Attic: Access Only
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
- Finished area below ground: 540
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Door Opener
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Chain Link
Lot
- Size: 0.27 Acres
Details
- Additional structures: Storage
- Parcel number: 491117107043000900
- Special conditions: As Is,Short Sale
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Morris Park
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $110,300
- Annual tax amount: $960
- Date on market: 2/19/2026
- Cumulative days on market: 137 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $150,000+12.8%$104/sqft |
Source: | ||
| 5/30/2024 | Sold | $133,000-1.5%$92/sqft |
Source: | ||
| 4/21/2024 | Pending sale | $135,000$94/sqft |
Source: | ||
| 4/17/2024 | Listed for sale | $135,000$94/sqft |
Source: | ||
| 3/19/2024 | Pending sale | $135,000$94/sqft |
Source: | ||
| 3/13/2024 | Listed for sale | $135,000+164.7%$94/sqft |
Source: | ||
| 12/22/2010 | Sold | $51,000-7.1%$35/sqft |
Source: | ||
| 9/14/2010 | Price change | $54,900-5.2%$38/sqft |
Source: Carpenter Realtors #21039417 Report a problem | ||
| 7/28/2010 | Listed for sale | $57,900+8.2%$40/sqft |
Source: Carpenter Realtors #21039417 Report a problem | ||
| 4/8/2003 | Sold | $53,500$37/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $938 -52.8% | $110,300 +26.2% |
| 2024 | $1,988 +3.7% | $87,400 +3.4% |
| 2023 | $1,917 +9.1% | $84,500 +3.7% |
| 2022 | $1,758 +13.3% | $81,500 +26% |
| 2021 | $1,552 0% | $64,700 +13.3% |
| 2020 | $1,552 +361.3% | $57,100 |
| 2019 | $336 -7.3% | $57,100 +34% |
| 2018 | $363 -12.4% | $42,600 +1.4% |
| 2017 | $414 +28.8% | $42,000 +2.2% |
| 2016 | $322 +17.6% | $41,100 +3.5% |
| 2014 | $273 -14.1% | $39,700 -6.6% |
| 2013 | $318 | $42,500 -2.3% |
| 2012 | $318 | $43,500 -5.2% |
| 2011 | -- | $45,900 +9.3% |
| 2010 | $850 -2% | $42,000 -1.9% |
| 2009 | $867 | $42,800 -20% |
| 2007 | -- | $53,500 +2.7% |
| 2006 | -- | $52,100 +8.3% |
| 2005 | -- | $48,100 |
| 2004 | -- | $48,100 |
| 2003 | -- | $48,100 +105.6% |
| 2002 | -- | $23,400 +200% |
| 2001 | -- | $7,800 |
| 2000 | -- | $7,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: West Indianapolis
Nearby schools
GreatSchools rating
- 5/10Stout Field Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 4/10Lynhurst 7th & 8th Grade CenterGrades: 7-8Distance: 2.1 mi
- NABen Davis Ninth Grade CenterGrades: 9Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Stout Field Elementary School
- Middle: Lynhurst 7th & 8th Grade Center
- High: Ben Davis 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46241
- West Indianapolis
- 3528 Lambert St





