Walk Score measures how walkable an address is based on the distance to nearby amenities. Learn more.
We are striving to build the most accurate database of home facts and value estimates. Please help us identify shortcomings in our data by providing feedback. We read and analyze all feedback.
 
In order to see the history of this home, MLS rules require that you register for free with Homesnap.
Sign In to View History

506 S Lynhurst Drive Indianapolis, IN 46241

$39,950
LOW
$47,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$54,050
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$47,000Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
2
AC
Central A/C
Payment Estimate
--
Baths Full
--
Foundation
Crawlspace
Rent Estimate
$680Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Stories
1
Tax Estimate
$428Estimated property taxes paid on an annual basis.
Sq Ft
697
Address Stories
1
 HomeScore
40A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
Parking
Garage
 InvestorScore
56A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Wood
Last Sale Date
12/02/2013
Style
--
Last Sale Price
--
Year Built
1940

506 S Lynhurst Drive is located in the Garden City area of Indianapolis, IN. At this time, the property has an estimated value of $47,000 and yearly taxes of $428. This home has 2 bedrooms and approximately 697 sqft of living space. The property was built in 1940. Similar homes nearby have 2 bedrooms and sell for around $45,000.

Indianapolis Market Trends

Check out Indianapolis homes for sale, read the Indianapolis real estate news or review the Indianapolis real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
86
Healthy

3,332

$105,000

135

3.4

Median Sales Price
$124,900
+4.1%
Sales (30 Days)
979
+14.0%

Indianapolis Public Schools

A child living at 506 S Lynhurst Drive, Indianapolis, IN would typically attend one of the following public schools: Rhoades Elementary School, Lynhurst 7th & 8th Grade Center, Ben Davis High School, Ben Davis Ninth Grade Center, or Ben Davis University High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Garden City REAL ESTATE NEWS

The Indianapolis market is enjoying a budding upward trend, even as sales fell 1.0% this week to 979 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning l... Read More »

Indianapolis has one of the largest populations in Indiana with 820,445 residents. Despite being the most populated city, it ranks 81st in terms of density with 2,270.0 people per square mile. It shou... Read More »

The Indianapolis market showed strong improvement in this week's report, as the number of sales went up to 950 homes sold over the last 30 days. To put it in perspective, close-by Fishers registered 1... Read More »

506 S Lynhurst Drive Mortgage Information

$47k
$9.4k
3.77%
$175

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

506 S Lynhurst Drive Map

Ask a local expert about this home:
Pound Realty
Snapped 1 home in this area
Highgarden Real Estate
Snapped 1 home in this area

506 S Lynhurst Dr, Indianapolis, IN 46241US
506 S Lynhurst Dr is located in the Garden City area of Indianapolis, IN. At this time, the property has an estimated value of $47,000 and yearly taxes of $428. This home has 2 bedrooms and approximately 697 sqft of living space. The property was built in 1940. Similar homes nearby have 2 bedrooms and sell for around $45,000. Keith Pound and Rudy Duran are Homesnap Local Experts in and around Garden City.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.