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3317 S Lyons Avenue

Indianapolis, IN 46221

ActiveListed Oct 12, 2026 · 1 day on market

Key facts

Beds
2
Baths
1 full
Living area
900 sqft
Lot
0.13 acres
Year built
1938
Type
Residential · Single Family Residence
Stories
One
MLS #
22131171
County
Marion
Subdivision
Mars Hill

About this home

Looking for a Home to Make Your Own or Your Next Investment Project? Take a closer look at this recently updated 2-bedroom, 1-bath home offering approximately 900 square feet of potential! Whether you're searching for an affordable place to call home or a property with investment possibilities, this one is ready for you to explore. Inside, you'll find a spacious living room, a functional kitchen with white cabinetry, dark countertops, and wood-look flooring, plus a convenient utility room. The backyard features a detached outbuilding that could be used for extra storage, a workshop, or other creative possibilities. Built in 1938, the home features stone and vinyl siding, classic wood windows, a private well, and city sewer. While there is no attached garage, the property offers plenty of room to bring your ideas to life. Its convenient location near schools, shopping, and major highways adds to its appeal. Make your move and unlock the possibilities! Whether you're ready to settle into a home of your own or take on your next investment project, this property is worth a closer look. Bring your vision, explore the potential, and make it yours!

Description provided by the listing brokerage.

Interior

Interior features
WoodWorkStain/Painted
Rooms
5
Main-level bedrooms
2

Exterior

Construction
StoneVinyl SidingWood Siding
Foundation
Slab

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Private

Schools

Elementary school
Gold Academy
Middle school
Decatur Middle School
High school
Decatur Central High School
School district
MSD Decatur Township

Taxes

Estimated annual tax
$2,092 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$902per month, estimated
Principal and interest $680Property tax $174Insurance $47
20% · $26,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$134,900
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