3528 Lambert St Indianapolis, IN 46241
West Indianapolis NeighborhoodEstimated payment $790/month
Highlights
- Updated Kitchen
- 0.27 Acre Lot
- Wood Flooring
- Ben Davis University High School Rated A
- Ranch Style House
- No HOA
About This Home
Investor-ready Indy downtown bungalow with good bones and a clear path to equity. Hardwood floors run throughout, the kitchen has already been partially updated, and big-ticket mechanicals are done - furnace (2019) and water heater (2018) are both newer. The full basement includes a finished office and a bonus room already framed in, giving you a head start on additional living space. The bathroom needs renovation and the home overall needs some TLC, but with the heavy lifting already started, it's ready for a homeowner or investor to add the finishing touches. Outside you'll find a detached garage, storage shed, and good sized chain-link fenced yard. Conveniently located near I-70 with easy access to downtown Indianapolis - a great opportunity in a central location. OWNER OCCUPANTS AND INVESTORS - ALL are welcome! This is an REO Sale and CASH Proof of funds required to submit or a FULLY vetted and LO signed approval letter for financed offers where income, assets, employment and credit have been verified - earnest deposit of $5000 to be deposited through ACH transfer or WIRE within 48hrs of acceptance. ALL utilities are on and was occupied 1st week of August. No offers will be considered until 7 Days on market in the MLS and buyers must allow 2 business days for any offer response. Multiple offers notices may or may not be sent and offers will be submitted as received. Any offers without proof of cash funds under the name of the purchaser will not be eligible for consideration and seller will not consider hard money loans. Seller will provide full clear title and closing locally through State Street Title. Ask an agent for additional details.
Listing Agent
Canull Group LLC Brokerage Email: zac@canull-group.com License #RB14051071 Listed on: 08/26/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,234
Year Built
- Built in 1951
Lot Details
- 11,761 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Ranch Style House
- Bungalow
- Fixer Upper
- Block Foundation
- Vinyl Siding
Interior Spaces
- Woodwork
- Paddle Fans
- Combination Kitchen and Dining Room
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Gas Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
Outdoor Features
- Shed
- Storage Shed
Schools
- Stout Field Elementary School
- Lynhurst 7Th & 8Th Grade Center Middle School
- Ben Davis High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Water Purifier
- Water Softener is Owned
Community Details
- No Home Owners Association
- Morris Park Subdivision
Listing and Financial Details
- Tax Lot 3424
- Assessor Parcel Number 491117107043000900
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,235 | $110,300 | $9,100 | $101,200 |
| 2024 | $2,094 | $87,400 | $9,100 | $78,300 |
| 2023 | $2,094 | $84,500 | $9,100 | $75,400 |
| 2022 | $2,021 | $81,500 | $9,100 | $72,400 |
| 2021 | $1,860 | $64,700 | $9,100 | $55,600 |
| 2020 | $1,651 | $57,100 | $9,100 | $48,000 |
| 2019 | $1,649 | $57,100 | $9,100 | $48,000 |
| 2018 | $431 | $42,600 | $9,100 | $33,500 |
| 2017 | $423 | $42,000 | $9,100 | $32,900 |
| 2016 | $414 | $41,100 | $9,100 | $32,000 |
| 2014 | $273 | $39,700 | $9,100 | $30,600 |
| 2013 | $350 | $42,500 | $9,100 | $33,400 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2026 08/26/26 | For Sale | $125,000 | -6.0% | $134 / Sq Ft | |
| 05/30/2024 05/30/24 | Sold | $133,000 | -1.5% | $113 / Sq Ft | View Prior Sale |
| 04/20/2024 04/20/24 | Pending | -- | -- | -- | |
| 04/17/2024 04/17/24 | For Sale | $135,000 | 0.0% | $115 / Sq Ft | |
| 03/19/2024 03/19/24 | Pending | -- | -- | -- | |
| 03/13/2024 03/13/24 | For Sale | $135,000 | -- | $115 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Lenders Escrow & Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $117,350 | New Conventional | |
| Previous Owner | $49,707 | FHA |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22122522
APN: 49-11-17-107-043.000-900
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Ask me questions while you tour the home.