3256 W Mooresville Rd, Indianapolis, IN 46221

Studio-- baths1,440 sqft Edit

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Off Market
Zestimate®: $62,349
Rent Zestimate®: $700/mo
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My Notes

Edit
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
  • Views: 1,556 all time views
  • Heating: Other
  • Last sold: Nov 2010 for $58,000

Features

  • Flooring: Hardwood, Linoleum / Vinyl
  • Parking: 2 spaces

    Additional Features

    • Bedroom
    • Full Bath
    • Kitchen

    Construction

    • Exterior material: Brick
    • Roof type: Other
    • Room count: 4
    • Stories: 1
    • Structure type: Ranch
    • Unit count: 2

    Other

    • Floor size: 1,440 sqft
    • Last remodel year: 1961
    • Lot depth: 130 ft
    • Lot width: 40 ft
    • Parcel #: 491129111483000200
    • Zillow Home ID: 1121934

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $62,349
    -$1,010 Last 30 days
    $59K
    $67K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $700/mo
    -$45 Last 30 days
    $581
    $847
    Zestimate range

    Improve This Home's Value

    Thinking remodel? See home ideas and estimates on Zillow Digs.

    Estimate $6,800 Modern Bathroom Ideas
    Estimate $12,500 Traditional Bathroom Ideas
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    Popularity on Zillow

    1,556 all-time views
    of this home (chart)

    Comparable Homes

    Homes like this sold for $40K.

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    $50K

    Mortgages

    Neighborhood: 46221

    Zillow predicts 46221 home values will fall 0.7% next year, compared to a 2.1% rise for Indianapolis Metro as a whole. Among 46221 homes, this home is valued 29% less than the midpoint (median) home, and is valued 34.8% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 46221, the number of foreclosures waiting to be sold is 130.3% greater than in Indianapolis Metro, and 44.8% higher than the national average. This higher local number may prevent 46221 home values from rising as quickly as other regions in Indianapolis Metro.
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      Nearby Schools in Indianapolis

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