3250 W Mooresville Rd, Indianapolis, IN 46221

Studio, 1,440 sqft
For Sale
$64,999
Price cut: -$3,501 (7/22)
Zestimate®: $65,599
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My Notes
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Great investment! Four doubles offered for sale, a total of 8 units which are rarely empty. Good steady cash flow, besides maintenance expenses owner pays water utility and lawn care. All units are 2 bedroom 1 bath with kitchen appliances provided. Will not consider selling separately, all four buildings sit side by side and are being Sold As Is.
Facts
  • Lot: 5,227 sqft
  • Multi Family
  • Built in 1961
  • 268 days on Zillow
Features
  • Parking: 2 spaces
    Construction
    • Exterior material: Brick
    • Roof type: Other
    • Room count: 4
    • # Stories: 1.0
    • Structure type: Ranch
    • Unit count: 2
    Other
    • Floor size: 1,440 sqft
    • Last remodel year: 1961
    • Lot depth: 130
    • Lot width: 40
    • Parcel #: 491129111482000200
    • Zillow Home ID: 1121935
    Home Values
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    $65,599
    +$1,204 Last 30 daysd
    $58K
    $72K
    Zestimate range
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    $671/mo
    -$9 Last 30 daysd
    $544
    $872
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    Neighborhood for 3250 W Mooresville Road

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    Zillow predicts 46221 home values will increase 2% next year, compared to a 2.4% rise for Indianapolis Metro as a whole. Among 46221 homes, this home is 24.7% less expensive than the midpoint (median) home, and is priced 28.6% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the 46221 market, the number of foreclosures waiting to be sold decreased 73.9% in the last year. The number of unsold foreclosures is 145.2% higher than in Indianapolis Metro, and 53.7% higher than the national average. This higher local number may prevent 46221 home values from rising as quickly as other regions in Indianapolis Metro.

    Learn more about forecast calculations or 46221 home values.
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