3540 Lambert St Indianapolis, IN 46241
West Indianapolis NeighborhoodEstimated payment $974/month
Highlights
- 0.27 Acre Lot
- Deck
- Covered Patio or Porch
- Ben Davis University High School Rated A
- L-Shaped Dining Room
- 2 Car Detached Garage
About This Home
Have you been thinking about investing in an Airbnb property? Or maybe you're ready to buy but don't want the hassle of furnishing a home from scratch? This one checks all the boxes. This fully equipped property comes completely furnished - plus all appliances are included - and features a FULL basement for added flexibility and storage. It's truly turnkey and ready to go from day one. Location? Hard to beat. You're within a 5-mile radius of the Indy 500 track, the Indianapolis Zoo, and the stadiums where the Pacers, Indians, and Colts play. Want to get those steps in? Take a stroll downtown and enjoy everything the city has to offer. Outside, you'll love the covered front porch, spacious back deck, fenced-in backyard, and a two-plus car garage. The blacktop driveway makes clearing Indiana snow a breeze, and when spring hits, the blooming flowers make the entire yard pop. Whether you're looking for a smart investment or a move-in-ready home, this property delivers convenience, comfort, and location all in one.
Listing Agent
Greene Realty, LLC Brokerage Email: becki@greenerealty.net License #RB22001762 Listed on: 02/28/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,100
Year Built
- Built in 1951
Parking
- 2 Car Detached Garage
Home Design
- Bungalow
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Paddle Fans
- L-Shaped Dining Room
- Attic Access Panel
- Basement
Kitchen
- Gas Oven
- Microwave
- Dishwasher
Flooring
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Central Air
- Heating System Uses Natural Gas
- Electric Water Heater
- Water Purifier
- High Speed Internet
Additional Features
- Handicap Accessible
- 0.27 Acre Lot
Listing and Financial Details
- Tax Lot 49-1117107041000900
- Assessor Parcel Number 491117107041000900
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,100 | $126,300 | $9,100 | $117,200 |
| 2024 | $1,162 | $98,900 | $9,100 | $89,800 |
| 2023 | $1,162 | $95,600 | $9,100 | $86,500 |
| 2022 | $1,129 | $92,200 | $9,100 | $83,100 |
| 2021 | $777 | $71,500 | $9,100 | $62,400 |
| 2020 | $678 | $62,800 | $9,100 | $53,700 |
| 2019 | $677 | $62,800 | $9,100 | $53,700 |
| 2018 | $455 | $46,500 | $9,100 | $37,400 |
| 2017 | $437 | $44,700 | $9,100 | $35,600 |
| 2016 | $428 | $43,700 | $9,100 | $34,600 |
| 2014 | $279 | $41,900 | $9,100 | $32,800 |
| 2013 | $363 | $44,900 | $9,100 | $35,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/09/2026 03/09/26 | Price Changed | $165,000 | -4.3% | $131 / Sq Ft | |
| 02/28/2026 02/28/26 | For Sale | $172,500 | +25.9% | $137 / Sq Ft | |
| 09/28/2022 09/28/22 | Sold | $137,000 | -0.7% | $95 / Sq Ft | View Prior Sale |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- | |
| 08/24/2022 08/24/22 | Price Changed | $137,900 | -0.7% | $96 / Sq Ft | |
| 08/10/2022 08/10/22 | Price Changed | $138,900 | +2.9% | $96 / Sq Ft | |
| 08/10/2022 08/10/22 | For Sale | $135,000 | 0.0% | $94 / Sq Ft | |
| 07/14/2022 07/14/22 | Pending | -- | -- | -- | |
| 07/03/2022 07/03/22 | Price Changed | $135,000 | -3.5% | $94 / Sq Ft | |
| 06/23/2022 06/23/22 | For Sale | $139,900 | +154.4% | $97 / Sq Ft | |
| 07/25/2017 07/25/17 | Sold | $55,000 | -4.2% | $38 / Sq Ft | View Prior Sale |
| 06/24/2017 06/24/17 | Pending | -- | -- | -- | |
| 05/14/2017 05/14/17 | Price Changed | $57,400 | -4.2% | $40 / Sq Ft | |
| 03/28/2017 03/28/17 | Price Changed | $59,900 | -7.7% | $42 / Sq Ft | |
| 03/15/2017 03/15/17 | Price Changed | $64,900 | -7.2% | $45 / Sq Ft | |
| 02/07/2017 02/07/17 | Price Changed | $69,900 | -12.5% | $49 / Sq Ft | |
| 01/17/2017 01/17/17 | For Sale | $79,900 | -- | $55 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $137,000 | Dominion Title Services | |
| Deed | $55,000 | -- | |
| Warranty Deed | $55,000 | First American Title | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,220 | New Conventional | |
| Open | $132,890 | New Conventional | |
| Previous Owner | $54,003 | FHA | |
| Previous Owner | $55,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22086551
APN: 49-11-17-107-041.000-900
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Ask me questions while you tour the home.