$75,000

2740 S Lockburn St Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated payment $492/month

Total Views 530
2 Beds
1 Bath
720 Sq Ft
$104 Price per Sq Ft

Highlights

  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property
  • Ben Davis University High School Rated A
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

Opportunity awaits with this 2-bedroom, 1-bath home featuring a full unfinished basement, located at 2740 S Lockburn St in Indianapolis. Built in 1947, the main level offers approximately 720 sq ft of living space, with an additional 720 sq ft in the basement for potential expansion or storage. Equipped with a gas water heater and gas HVAC system. This property is in need of repairs and updates, making it ideal for investors or buyers looking for a fixer-upper project. Being sold as-is, cash offers only.

Listing Agent

Isaiah Ullery

Steve Lew Real Estate Group, LLC License #RB20001849 Listed on: 08/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1947

Lot Details

  • 5,184 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Block Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Combination Kitchen and Dining Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Ben Davis High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 510
  • Assessor Parcel Number 491120119237000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,008

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1947
  • Building Area Total: 1440
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Gas Water Heater, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Paddle Fan
  • Living Area: 720
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Foundation Details: Block
  • List Price: 75000
  • Property Condition: Fixer

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 440

Utilities

  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5184
  • Parcel Number: 491120119237000900
  • Acres: <1/4 Acre
  • Price Acre: 625000

Tax Info

  • Tax Annual Amount: 1008
  • Tax Lot: 510
  • Semi Annual Property Tax Amt: 504

MLS Schools

  • High School: Ben Davis High School

Map

Range of Values:

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Sold Price
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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 $896 $91,400 $5,000 $86,400
2023 $896 $84,200 $5,000 $79,200
2022 $963 $81,600 $5,000 $76,600
2021 $828 $67,600 $5,000 $62,600
2020 $1,626 $57,800 $5,000 $52,800
2019 $1,625 $57,800 $5,000 $52,800
2018 $1,405 $57,100 $5,000 $52,100
2017 $164 $57,800 $5,000 $52,800
2016 $182 $59,500 $5,000 $54,500
2014 $92 $58,000 $5,000 $53,000
2013 $80 $56,600 $5,000 $51,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $75,000 -- $104 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22056354

MIBOR Broker Listing Cooperative®

APN: 49-11-20-119-237.000-900

Indiana Marion County Indianapolis 46241 Mars Hill

2740 S Lockburn St, Indianapolis, IN

This home is located at 2740 S Lockburn St, Indianapolis, IN 46241 and is currently priced at $75,000, approximately $104 per square foot. This property was built in 1947. 2740 S Lockburn St 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.

Nearby Homes
Isaiah Ullery
Listing Agent
Isaiah Ullery
Section Image
Steve Lew Real Estate Group, LLC
(317) 676-4431