$102,500
PENDING $16K PRICE DROP

2503 S Lyons Ave Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated payment $653/month

Total Views 4,611
2 Beds
1 Bath
896 Sq Ft
$114 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Detached Garage
  • Ben Davis University High School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

This home is located at 2503 S Lyons Ave, Indianapolis, IN 46241 and is currently priced at $102,500, approximately $114 per square foot. This property was built in 1940. 2503 S Lyons Ave is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

Listing Agent

Ben Grise

List With Ben, LLC Brokerage Email: sales@investwithben.com License #RB19001714

Co-Listing Agent

Claire Sorrels

Evermark Property Group, LLC Brokerage Email: sales@investwithben.com License #RB23002245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1940

Lot Details

  • 10,411 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Combination Dining and Living Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mars Hill Subdivision

Listing and Financial Details

  • Tax Lot 476 & 477
  • Assessor Parcel Number 491120118186000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Accessibility Features: Accessible Entrance
  • Tax Year: 2023
  • Year Built: 1940
  • Building Area Total: 1792
  • Co List Office Phone: 317-645-3034
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: Mars Hill
  • Transaction Type: Sale
  • Website: https://www.landcontracthomesin.com/property/2503-s-lyons-ave-indianapolis-in-46241/
  • Accessibility Features YN: Yes
  • MBR_AttributionContact: sales@investwithben.com
  • Attribution Contact: sales@investwithben.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Dryer, Electric Water Heater, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen, Wood Work Stained
  • Living Area: 896
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 896
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fence Complete
  • Foundation Details: Block
  • List Price: 102500

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 567

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10411
  • Parcel Number: 491120118186000900
  • Acres: <1/4 Acre
  • Price Acre: 427083

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1024
  • Tax Lot: 476 & 477
  • Semi Annual Property Tax Amt: 512

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,148 $101,300 $7,400 $93,900
2023 $1,148 $92,900 $7,400 $85,500
2022 $1,112 $90,100 $7,400 $82,700
2021 $810 $72,700 $7,400 $65,300
2020 $696 $62,600 $7,400 $55,200
2019 $693 $62,600 $7,400 $55,200
2018 $628 $61,600 $7,400 $54,200
2017 $605 $59,200 $7,400 $51,800
2016 $623 $60,700 $7,400 $53,300
2014 $4 $59,800 $7,400 $52,400
2013 $1,169 $58,400 $7,400 $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Pending -- -- --
04/16/2025 04/16/25 Price Changed $102,500 -4.7% $114 / Sq Ft
04/01/2025 04/01/25 Price Changed $107,500 -4.8% $120 / Sq Ft
03/18/2025 03/18/25 Price Changed $112,900 -5.0% $126 / Sq Ft
03/04/2025 03/04/25 For Sale $118,900 -- $133 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,000 Eagle Land Title
Personal Reps Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,000 New Conventional
Previous Owner $50,239 FHA
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22024805

MIBOR Broker Listing Cooperative®

APN: 49-11-20-118-186.000-900

Indiana Marion County Indianapolis 46241 Mars Hill

2503 S Lyons Ave, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 2503 S Lyons Ave, Indianapolis, IN 46241 and is currently priced at $102,500, approximately $114 per square foot. This property was built in 1940. 2503 S Lyons Ave is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Ben Grise
Listing Agent
Ben Grise
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List With Ben, LLC
(317) 680-9937