Be sure to click on the DOCS tab to see the full Financial Evaluation and the PHOTOS tab to see the current condition.This property is perfect to BUY for $38,000, REHAB for $9500, RENT $850/month, and then REFINANCE to get nearly all your money back (based on $60,000 ARV). Property is built on a slab and is low maintenance. Rehab includes new furnace, new water heater, updated kitchen, and other items that will make it easy to rent. Area has many 3 bedroom rentals. but this rare 4 bedroom will rent quick.
Sold for $140,000
$140,000
3944 Downes Dr, Indianapolis, IN 46235
4beds
1baths
1,073sqft
SingleFamily
Built in 1962
6,838 Square Feet Lot
$150,900 Zestimate®
$130/sqft
$1,494 Estimated rent
Home value
$150,900
$140,000 - $160,000
$1,494/mo
Zestimate® history
Owner options
List your home for rent
$1,494/mo
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$1,494/mo
Rent Zestimate®
Refinance and save
$925/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$925/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
Heating
- Forced air
Cooling
- Central
Interior area
- Total interior livable area: 1,073 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 6,838 Square Feet
Details
- Parcel number: 490817129045000401
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1962
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $131,300
- Annual tax amount: $1,367
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2023 | Sold | $140,000$130/sqft |
Source: Public Record Report a problem | ||
| 8/19/2023 | Pending sale | $140,000$130/sqft |
Source:  MIBOR as distributed by MLS GRID #21934958 Report a problem | ||
| 8/18/2023 | Listed for sale | $140,000$130/sqft |
Source: MIBOR as distributed by MLS GRID #21934958 Report a problem | ||
| 8/15/2023 | Pending sale | $140,000$130/sqft |
Source: MIBOR as distributed by MLS GRID #21934958 Report a problem | ||
| 8/10/2023 | Price change | $140,000-12.5%$130/sqft |
Source: MIBOR as distributed by MLS GRID #21934958 Report a problem | ||
| 7/31/2023 | Listed for sale | $160,000+83.9%$149/sqft |
Source: MIBOR as distributed by MLS GRID #21934958 Report a problem | ||
| 9/26/2022 | Sold | $87,000-12%$81/sqft |
Source: MIBOR as distributed by MLS GRID #21881455 Report a problem | ||
| 9/18/2022 | Pending sale | $98,900$92/sqft |
Source: MIBOR as distributed by MLS GRID #21881455 Report a problem | ||
| 9/12/2022 | Listed for sale | $98,900+199.7%$92/sqft |
Source: MIBOR as distributed by MLS GRID #21881455 Report a problem | ||
| 1/25/2017 | Sold | $33,000-12.9%$31/sqft |
Source: MIBOR as distributed by MLS GRID #21455639 Report a problem | ||
| 12/28/2016 | Pending sale | $37,900$35/sqft |
Source: 360 Realty #21455639 Report a problem | ||
| 12/3/2016 | Listed for sale | $37,900-21%$35/sqft |
Source: 360 Realty #21455639 Report a problem | ||
| 9/6/2016 | Listing removed | $47,999$45/sqft |
Source: Norton Real Estate #21421388 Report a problem | ||
| 7/19/2016 | Price change | $47,999-1.8%$45/sqft |
Source: Norton Real Estate #21421388 Report a problem | ||
| 6/24/2016 | Price change | $48,900-2%$46/sqft |
Source: Norton Real Estate #21421388 Report a problem | ||
| 6/2/2016 | Listed for sale | $49,900+42.6%$47/sqft |
Source: Norton Real Estate #21421388 Report a problem | ||
| 6/10/2015 | Listing removed | $700$1/sqft |
Source: Norton Real Estate #21353331 Report a problem | ||
| 5/15/2015 | Listed for rent | $700+0.1%$1/sqft |
Source: Norton Real Estate #21353331 Report a problem | ||
| 12/29/2012 | Listing removed | $699$1/sqft |
Source: Blue River Realty and Management Report a problem | ||
| 10/11/2012 | Listed for rent | $699-8.6%$1/sqft |
Source: Blue River Realty and Management Report a problem | ||
| 9/13/2012 | Sold | $35,000+94.4%$33/sqft |
Source: Public Record Report a problem | ||
| 9/1/2012 | Listing removed | $765$1/sqft |
Source: Common Ground Realty, LLC Report a problem | ||
| 7/26/2012 | Price change | $765-2.5%$1/sqft |
Source: Common Ground Realty, LLC Report a problem | ||
| 6/28/2012 | Listed for rent | $785$1/sqft |
Source: Common Ground Realty, LLC Report a problem | ||
| 5/24/2012 | Sold | $18,000-9.1%$17/sqft |
Source: Public Record Report a problem | ||
| 4/17/2012 | Price change | $19,800-10%$18/sqft |
Source: RE/MAX Advanced Realty #21165743 Report a problem | ||
| 3/16/2012 | Listed for sale | $22,000-57.3%$21/sqft |
Source: Advanced Realty, LLC #21165743 Report a problem | ||
| 12/9/2011 | Sold | $51,549$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,367 +161.1% | $131,300 +1.8% |
| 2024 | $524 -64.4% | $129,000 +60.4% |
| 2023 | $1,469 +24.8% | $80,400 +29.3% |
| 2022 | $1,178 +14.2% | $62,200 +22% |
| 2021 | $1,032 +1.7% | $51,000 +14.6% |
| 2020 | $1,014 +1% | $44,500 +3.7% |
| 2019 | $1,004 +2.5% | $42,900 +1.9% |
| 2018 | $980 -62.8% | $42,100 -5.6% |
| 2017 | $2,637 +173.5% | $44,600 +3% |
| 2016 | $964 +4.3% | $43,300 +0.9% |
| 2014 | $924 +154.8% | $42,900 -5.5% |
| 2013 | $363 | $45,400 -17.5% |
| 2012 | $363 | $55,000 +0.9% |
| 2011 | -- | $54,500 |
| 2010 | $334 +8.4% | $54,500 -2.2% |
| 2009 | $308 | $55,700 -5.3% |
| 2007 | -- | $58,800 +5.6% |
| 2006 | -- | $55,700 +20% |
| 2005 | -- | $46,400 |
| 2004 | -- | $46,400 |
| 2003 | -- | $46,400 +84.1% |
| 2002 | -- | $25,200 |
Find assessor info on the county website
Neighborhood: Far Eastside
Nearby homes
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- $117,7003 bd1 ba925 sqft3926 Downes Dr., indianapolis, IN 46235Off Market
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 7 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 9.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 8.2 mi
Schools provided by the listing agent
- District: Indianapolis Public Schools
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$150,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$150,900
- Indiana
- Marion County
- Indianapolis
- 46235
- Far Eastside
- 3944 Downes Dr
Nearby cities
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Nearby zip codes
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