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Mars Hill Multifamily Home for Sale

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    $279,500

    • 4 Beds
    • 2 Baths

    2955 Mars Hill St, Indianapolis, IN 46241

    This well-maintained full-brick ranch duplex offers a fantastic opportunity for investors or owner-occupants seeking rental income. Each unit features 2 bedrooms and 1 bathroom, with a painted brick exterior and individual locked storage spaces for added convenience. Unit 1 has seen significant updates, including new plumbing, furnace, water heater, tile shower, toilet, and vanity, all completed

    Dan Nohe Weichert REALTORS® Cooper Group Indy

    2955 Mars Hill St, Indianapolis, IN 46241

Why Live in Mars Hill

Mars Hill, a neighborhood in Indianapolis, was initially envisioned as an industrial suburb but has retained a rural charm. Its location near Indianapolis International Airport and the Rolls-Royce North America plant makes it convenient for employees working at these facilities. The neighborhood features a mix of housing styles, including bungalows, ranches, cottages, and split-level homes, with a range of fixer-uppers and renovated homes available. Mars Hill's streets vary from grid-like to winding, reflecting its history of unregulated zoning before incorporation into Indianapolis in 1970. The area is bordered by Interstates 465 and 70, contributing to truck traffic, and is near the Southside Landfill, which impacts local road conditions. Dining options include the nostalgic Mel’s Drive-Thru and the popular Mota Tacos. For recreation, Stout Field Park offers a walking path, playground, splash pad, and basketball court, while Buffer Park Golf Course provides an affordable golfing experience. Mars Hill is part of two school districts, with schools receiving mixed ratings. The community is known for its family-oriented atmosphere, supported by organizations like the Mars Hill Arts Center and George T. Goodwin Community Center. Despite potential flooding from nearby creeks, Mars Hill remains a neighborhood with a strong sense of community and diverse features.

Home Trends in Mars Hill, IN

Housing Trends

Median Sale Price
$175,000
Median Single Family Sale Price
$159,950
Average Price Per Sq Ft
$132
Number of Homes for Sale
26
Last 12 months Home Sales
137
Months of Supply
2.30
Median List Price
$165,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
14%
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