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Off market
    • Zillow Home logoZestimate®
    $147,500

    3944 Downes Dr, Indianapolis, IN 46235

    4beds
    1baths
    1,073sqft
    SingleFamily
    Built in 1962
    6,838 Square Feet Lot
    $147,500 Zestimate®
    $137/sqft
    $1,448 Estimated rent

    Home value

    $147,500

    $137,000 - $156,000

    $1,448/mo

    Zestimate® history
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    Owner options

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    $1,448/mo

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    $1,448/mo

    Rent Zestimate®

    Refinance and save

    $985/mo

    Est. payment

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    $985/mo

    Est. payment

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    What's special

    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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    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: $137/sqft
    • Tax assessed value: $131,300
    • Annual tax amount: $1,367

    Price history

    DateEventPrice
    9/19/2023Sold$140,000$130/sqft
    Source: Public Record Report a problem
    8/19/2023Pending sale$140,000$130/sqft
    Source: MIBOR as distributed by MLS GRID #21934958 Report a problem
    8/18/2023Listed for sale$140,000$130/sqft
    Source: MIBOR as distributed by MLS GRID #21934958 Report a problem
    8/15/2023Pending sale$140,000$130/sqft
    Source: MIBOR as distributed by MLS GRID #21934958 Report a problem
    8/10/2023Price change$140,000-12.5%$130/sqft
    Source: MIBOR as distributed by MLS GRID #21934958 Report a problem
    7/31/2023Listed for sale$160,000+83.9%$149/sqft
    Source: MIBOR as distributed by MLS GRID #21934958 Report a problem
    9/26/2022Sold$87,000-12%$81/sqft
    Source: MIBOR as distributed by MLS GRID #21881455 Report a problem
    9/18/2022Pending sale$98,900$92/sqft
    Source: MIBOR as distributed by MLS GRID #21881455 Report a problem
    9/12/2022Listed for sale$98,900+199.7%$92/sqft
    Source: MIBOR as distributed by MLS GRID #21881455 Report a problem
    1/25/2017Sold$33,000-12.9%$31/sqft
    Source: MIBOR as distributed by MLS GRID #21455639 Report a problem
    12/28/2016Pending sale$37,900$35/sqft
    Source: 360 Realty #21455639 Report a problem
    12/3/2016Listed for sale$37,900-21%$35/sqft
    Source: 360 Realty #21455639 Report a problem
    9/6/2016Listing removed$47,999$45/sqft
    Source: Norton Real Estate #21421388 Report a problem
    7/19/2016Price change$47,999-1.8%$45/sqft
    Source: Norton Real Estate #21421388 Report a problem
    6/24/2016Price change$48,900-2%$46/sqft
    Source: Norton Real Estate #21421388 Report a problem
    6/2/2016Listed for sale$49,900+42.6%$47/sqft
    Source: Norton Real Estate #21421388 Report a problem
    6/10/2015Listing removed$700$1/sqft
    Source: Norton Real Estate #21353331 Report a problem
    5/15/2015Listed for rent$700+0.1%$1/sqft
    Source: Norton Real Estate #21353331 Report a problem
    12/29/2012Listing removed$699$1/sqft
    Source: Blue River Realty and Management Report a problem
    10/11/2012Listed for rent$699-8.6%$1/sqft
    Source: Blue River Realty and Management Report a problem
    9/13/2012Sold$35,000+94.4%$33/sqft
    Source: Public Record Report a problem
    9/1/2012Listing removed$765$1/sqft
    Source: Common Ground Realty, LLC Report a problem
    7/26/2012Price change$765-2.5%$1/sqft
    Source: Common Ground Realty, LLC Report a problem
    6/28/2012Listed for rent$785$1/sqft
    Source: Common Ground Realty, LLC Report a problem
    5/24/2012Sold$18,000-9.1%$17/sqft
    Source: Public Record Report a problem
    4/17/2012Price change$19,800-10%$18/sqft
    Source: RE/MAX Advanced Realty #21165743 Report a problem
    3/16/2012Listed for sale$22,000-57.3%$21/sqft
    Source: Advanced Realty, LLC #21165743 Report a problem
    12/9/2011Sold$51,549$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
    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
    $147,500
    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
    $147,500

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