Veterans United Realty
2 Photos

3906 S Lynhurst Drive, Indianapolis, IN 46221

$550,000 Asking Price

4 beds
2 baths
2,120  sqft
Built in 1915

This property offers an incredible opportunity for investors looking to capitalize on a high-traffic location. Currently zoned residential but ideally suited for commercial use, this lot spans just over 3/4 of an acre and is perfectly situated in a bustling area with significant daily traffic. The property includes a 4-bedroom, 1.5-bath single-family home, providing ample living space. In addition to the house, there is a duplex and a small office building on the lot, offering flexibility for various business ventures or rental opportunities. These structures are in need of attention, but with the right improvements, these buildings could be turned into lucrative assets. Given its location and potential, this property is a rare find and a smart investment for those looking to make the most of a high-visibility area. Don't miss the chance to turn this property into a thriving commercial enterprise!

Listing Status:
Active
Date Added:
August 30, 2024 — 78 days ago
Listing Office:
Scott Estates, Candice Childs (317-400-4729)
Office Phone:
candice@scottestates.net
MLS ID:
21998407

Features & Amenities

Interior

General:
Supplemental Storage
Appliances:
None
A/C:
Other
Heating:
Other
Fireplace:
Other, Fireplaces: 1

Exterior

Style:
TraditonalAmerican
Parking:
Detached

Construction

General:
One and One Half, Other

Location

Originating MLS:
mibor
School District:
MSD Decatur Township
County:
Marion

Lot

Zoning:
S25 T15 R2 Pt Se1/4 Se1/4 Beg 472.71Ft N & 30Ft Wse Cor W 359.02Ft Ne 320.16Ft E 68.86Ft S159.02Ft To Beg .79Ac Pg 471, 491225111024000200

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Scott Estates, Candice Childs

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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