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3339 S Lyons Ave, Indianapolis, IN, 46221

2beds
1baths
1,680sqft
$174,900
$104price/sqft
$1,349/moest. monthly cost
$53,960/yrincome needed

About This Home

What makes this property special, you ask? So many things....huge double lot with the back fully fenced. Welcoming covered front porch. Fresh paint. Hardwood floors. Oversized 2car detached garage w/ 30 amp service. All appliances stay, including the washer & dryer. The seller is also providing a 1year home warranty. Separate dining room with built ins. Quiet established neighborhood, close to everything shopping, interstate, downtown, etc. The clean dry basement is a blank slate. The seller has already installed a full house water filtration & softener system. The property is currently located within the mapped 100-year flood zone. However, the area is currently being rezoned following significant flood-control infrastructure improvements that are expected to better reflect the current flood mitigation measures. The seller pays $863 for flood insurance, but we encourage you to do your own research as well. And, don't forget Decatur Township Schools.

Getting Around

66
WalkingSomewhat Walkable
21
TransitMinimal Transit
58
BikeBikeable

Schools

2/10
3/10
Decatur Middle SchoolGrades 7-82.9 mi
3/10

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Block,Partial
  • Construction materials: Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Gas Water Heater,Gas Oven,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Storage Space,Unfinished

Bedroom2

  • Level: Main
  • Area: 90
  • Dimensions: 10x9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Features

  • Ceiling Fan(s),Hardwood Floors
  • Flooring: Hardwood
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,680 sqft

Kitchen

  • Level: Main
  • Area: 130
  • Dimensions: 13x10

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 15x14

Master Bedroom

  • Level: Main
  • Area: 117
  • Dimensions: 13x9

Property

Details

  • Parcel number: 491129111124000200
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Fenced

Lot

  • Lot size: 0.26 Acres
  • Features: Not In Subdivision,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $884$10,608
Home Insurance *$116$1,392
Property Taxes $165$1,980
Electricity $184$2,212
Total$1,349$16,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,251/yr
40% on housing$40,470/yr
45% on housing$35,973/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 46221$103
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46221$143
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-09Price change$169,900
2026-07-27Price change$174,900
2026-07-12Price change$179,900
2026-06-27Listed for sale$189,900
2017-07-11Sold$69,900
2017-01-03Price change$69,900
2016-10-03Listed for sale$74,900

For Sale by Agent

AgentTamara Bozarth
BrokeragePicket Fence Realty

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