NOT LISTED FOR SALE

2503 S Lyons Ave Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated Value: $104,000 - $137,858

2 Beds
1 Bath
896 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2025

Last sale price $102,500 $114 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $780 / mo

105 Days on Market

Highlights

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

About This Home

As of July 2025

This home is located at 2503 S Lyons Ave, Indianapolis, IN 46241 since 04 March 2025 and is currently estimated at $120,965, approximately $135 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.

Last Agent to Sell the Property

Ben Grise

List With Ben, LLC License #RB19001714 Listed on: 03/04/2025

Co-Listed By

Claire Sorrels

List With Ben, LLC License #RB23002245

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

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 and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mars Hill Subdivision

Listing and Financial Details

  • Tax Lot 476 & 477
  • Assessor Parcel Number 491120118186000900
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1940

Lot Details

10,411 Sq Ft Lot

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
  • 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
  • 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
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Vinyl

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • 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

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Jul 9, 2025
Sold by
Bought by
Seller's Agent
Ben Grise
List With Ben, LLC
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$102,500
Sold Price
$102,500
Views
31
Current Estimated Value
$120,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,465
Avg. Annual Appreciation
17.09%

Purchase Details

Closed on
Feb 14, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Outstanding Balance
$38,929
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$82,036

Purchase Details

Closed on
Dec 31, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,239
Interest Rate
5.44%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Eagle Land Title
-- Eagle Land Title
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $67,000
Previous Owner $50,239
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2025 07/09/25 Sold $102,500 0.0% $114 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $102,500 0.0% $114 / Sq Ft
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®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,647 $125,800 $7,400 $118,400
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

Agents Affiliated with this Home

  • Ben Grise

    Seller's Agent in 2025

    Ben Grise

    List With Ben, LLC

    (317) 406-4310

    6 in this area

    357 Total Sales

    Ben Grise
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Claire Sorrels

    List With Ben, LLC

    3 in this area

    154 Total Sales

    Claire Sorrels
    Section Image

  • L

    Buyer's Agent in 2025

    Luis Coronel

    Coronel Realty Group

    Section Image
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Map

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

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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