RARE OPPORTUNITY! This two bedroom, one level home sits on a huge lot and is currently zoned C5, offering a wide spectrum of potential uses. Own and occupy the home, own & occupy the home and run a business onsite, or utilize the property for business only. The current owners occupy the home and operate a daycare out of the second structure on the property which is over 1,000 square feet. A third bedroom could easily be added with addition of closet. Home in terrific shape with updated kitchen. Much of personal property will be available as well if buyer has interest. The onsite daycare has been in business over 20 years. Current gross income from that business is $2,000 per week -- this would be a perfect opportunity for an existing daycare to acquire or anyone holding a license. Possibilities are endless. Over 10,000 vehicles pass this location daily according to INDOT's latest traffic count. Perfect backyard for entertaining with inground pool and two storage sheds. Hurry, this opportunity will not last!
Active
$425,000
839 S Lynhurst Dr, Indianapolis, IN 46241
2beds
1,148sqft
Residential, Single Family Residence
Built in 1915
0.36 Acres Lot
$-- Zestimate®
$370/sqft
$-- HOA
What's special
Inground poolTwo storage shedsHuge lotUpdated kitchen
- 297 days |
- 126 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Scott Armstrong 317-432-1544,
Armstrong Real Estate Brokerag
Source: MIBOR as distributed by MLS GRID,MLS#: 22064739
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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: 165 Square Feet
- Dimensions: 11X15
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Dining room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13X14
Kitchen
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14X16
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
Features
- Has basement: No
Interior area
- Total structure area: 1,148
- Total interior livable area: 1,148 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.36 Acres
Details
- Parcel number: 491107107039000930
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Indianapolis Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $370/sqft
- Tax assessed value: $175,400
- Annual tax amount: $1,514
- Date on market: 9/25/2025
- Cumulative days on market: 300 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Listed for sale | $425,000+444.9%$370/sqft |
Source:  MIBOR as distributed by MLS GRID #22064739 Report a problem | ||
| 4/6/2016 | Sold | $78,000-61%$68/sqft |
Source: Public Record Report a problem | ||
| 10/17/2009 | Listing removed | $200,000$174/sqft |
Source: Scott Smith #2855556 Report a problem | ||
| 6/6/2009 | Listed for sale | $200,000$174/sqft |
Source: Scott Smith #2855556 Report a problem | ||
| 2/8/2009 | Listing removed | $200,000$174/sqft |
Source: Homes.com #2855556 Report a problem | ||
| 11/8/2008 | Listed for sale | $200,000$174/sqft |
Source: Homes.com #2855556 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,514 +18.6% | $175,400 +39.4% |
| 2024 | $1,277 +18.2% | $125,800 +28% |
| 2023 | $1,080 -0.5% | $98,300 +9.6% |
| 2022 | $1,085 -4% | $89,700 +8.3% |
| 2021 | $1,131 -9.9% | $82,800 -1.8% |
| 2020 | $1,254 +20.1% | $84,300 -6.3% |
| 2019 | $1,045 -11.7% | $90,000 +6.8% |
| 2018 | $1,183 -28.9% | $84,300 +1.4% |
| 2017 | $1,663 +37.3% | $83,100 -0.8% |
| 2016 | $1,211 +16% | $83,800 +0.6% |
| 2014 | $1,045 -3.4% | $83,300 +3.9% |
| 2013 | $1,081 | $80,200 -2.9% |
| 2012 | $1,081 | $82,600 -6.5% |
| 2011 | -- | $88,300 |
| 2010 | $1,136 +3.7% | $88,300 -2.3% |
| 2009 | $1,095 | $90,400 -6% |
| 2007 | -- | $96,200 -20.8% |
| 2006 | -- | $121,400 +40.2% |
| 2005 | -- | $86,600 |
| 2004 | -- | $86,600 |
| 2003 | -- | $86,600 +112.8% |
| 2002 | -- | $40,700 +200.1% |
| 2001 | -- | $13,560 |
| 2000 | -- | $13,560 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Garden City
Nearby schools
GreatSchools rating
- 4/10Rhoades Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 4/10Lynhurst 7th & 8th Grade CenterGrades: 7-8Distance: 2 mi
- NABen Davis Ninth Grade CenterGrades: 9Distance: 3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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