NOT LISTED FOR SALE

2560 S Lyons Ave Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated Value: $112,000 - $163,610

2 Beds
1 Bath
1,254 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $68,000 $54 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $839/month

31 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Woodwork
  • Ben Davis University High School Rated A
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Ideal home for someone that needs lots of storage space or is a mechanic of some kind. Huge 3 car garage with insulation and heating. Home has some updates, but needs some additional minor cosmetic work.

Last Agent to Sell the Property

Ben Grise

List With Ben, LLC License #RB19001714 Listed on: 08/10/2020

Last Buyer's Agent

Bob Morris

Top Choice Real Estate, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,254 Sq Ft Home
  • Woodwork
  • Window Screens
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Mars Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491120118001000900

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1974
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: MARS HILL
  • Inspection Warranties: Not Applicable
  • Property Description: Ideal home for someone that needs lots of storage space or is a mechanic of some kind. Huge 3 car garage with insulation and heating. Home has some updates, but needs some additional minor cosmetic work.
  • Transaction Type: Sale
  • Website: https://www.landcontracthomesin.com/property/2560-s-lyons-ave-indianapolis-in-46241-usa/
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Screens Some, Wood Work Painted
  • Living Area: 1254
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1254
  • Main Level Sq Ft: 1254
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1254
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 68000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491120118001000900
  • Acres: <1/4 Acre
  • Lot Number: 249
  • Lot Size: 5,184

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1928
  • Semi Annual Property Tax Amt: 964
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Oct 7, 2020
Sold by
Grise Home & Property Group Llc
Bought by
Davis Jerry W
Seller's Agent
Ben Grise
List With Ben, LLC
Buyer's Agent
Bob Morris
Top Choice Real Estate, LLC
List Price
$68,000
Sold Price
$68,000
Current Estimated Value
$134,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,903
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Jul 13, 2020
Sold by
Crain James
Bought by
Grise Home & Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Outstanding Balance
$33,173
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$94,011

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 23, 2016
Sold by
Fannie Mae
Bought by
Crain James
Seller's Agent
Dennis Nottingham
RE/MAX Advanced Realty
Buyer's Agent
Joshua Graves
RE/MAX Advanced Realty
List Price
$35,700
Sold Price
$30,700
Premium/Discount to List
-$5,000
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%

Purchase Details

Closed on
Mar 23, 2016
Sold by
Huffman Alan D and Wyatt Blanche Laura
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Jerry W $68,000 None Available
Grise Home & Property Group Llc $35,000 Hocker Title
Crain James -- Mtc
Federal National Mortgage Association $39,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grise Home & Property Group Llc $37,000
Previous Owner Huffman Alan D $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $68,000 0.0% $54 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $68,000 +121.5% $54 / Sq Ft
05/25/2016 05/25/16 Sold $30,700 -14.0% $24 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $35,700 0.0% $28 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $35,700 -- $28 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $1,252 $110,900 $5,400 $105,500
2023 $1,252 $101,500 $5,400 $96,100
2022 $1,226 $98,300 $5,400 $92,900
2021 $1,071 $81,700 $5,400 $76,300
2020 $872 $69,700 $5,400 $64,300
2019 $2,009 $71,400 $5,400 $66,000
2018 $1,577 $63,800 $5,400 $58,400
2017 $1,558 $63,100 $5,400 $57,700
2016 $1,526 $62,300 $5,400 $56,900
2014 $1,250 $62,500 $5,400 $57,100
2013 $1,214 $60,700 $5,400 $55,300
Source: Public Records

Agents Affiliated with this Home

  • Ben Grise

    Seller's Agent in 2020

    Ben Grise

    List With Ben, LLC

    (317) 645-3034

    7 in this area

    281 Total Sales

    Ben Grise
    Section Image

  • B

    Buyer's Agent in 2020

    Bob Morris

    Top Choice Real Estate, LLC

    Section Image
  • Dennis Nottingham

    Seller's Agent in 2016

    Dennis Nottingham

    RE/MAX Advanced Realty

    (317) 298-0961

    2 in this area

    149 Total Sales

    Dennis Nottingham
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Stewart Duhamell

    RE/MAX Advanced Realty

    2 in this area

    179 Total Sales

    Stewart Duhamell
    Section Image

  • J

    Buyer's Agent in 2016

    Joshua Graves

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21731057

MIBOR Broker Listing Cooperative®

APN: 49-11-20-118-001.000-900

Indiana Marion County Indianapolis 46241 Mars Hill

2560 S Lyons Ave, Indianapolis, IN

This home is located at 2560 S Lyons Ave, Indianapolis, IN 46241 since 10 August 2020 and is currently estimated at $134,903, approximately $107 per square foot. This property was built in 1974. 2560 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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