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506 S Lynhurst Drive Indianapolis, IN 46241

$48,450
LOW
$57,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$65,550
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$57,000Estimated 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
--
Heating
Central
Rent Estimate
$740Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Basement
None
Tax Estimate
$450Estimated property taxes paid on an annual basis.
Sq Ft
697
Foundation
Crawlspace
 HomeScore
21A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.21
Stories
1
 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
Address Stories
1
Last Sale Date
06/20/1977
Style
--
Roof
Asphalt
Last Sale Price
--
Year Built
1940
Parking
Attached
Parking Spaces
1

506 S Lynhurst Drive is located in the Garden City area of Indianapolis, IN. At this time, the property has an estimated value of $57,000 and yearly taxes of $450. 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 $55,000.

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
75
Fairly Healthy

4,789

$119,900

100

4.6

Median Sales Price
$134,000
+5.5%
Sales (30 Days)
1,034
-8.1%

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's success streak continued to five weeks with 871 homes sold in the last 30 days, a six-month record high and a 0.6% spike from the prior period. In comparison, Fishers had 114... Read More »

Over the last 30 days, the Indianapolis market showed strong improvement with 866 homes sold. It marks an 11.6% increase from last week's report, while also topping the average sales volume for the pr... Read More »

Sales have inched up to 702 homes sold over the last 30 days in the Indianapolis market. But sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up... Read More »

506 S Lynhurst Drive Mortgage Information

$57k
$11.4k
3.77%
$212

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 46241
506 S Lynhurst Dr is located in the Garden City area of Indianapolis, IN. At this time, the property has an estimated value of $57,000 and yearly taxes of $450. 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 $55,000. Keith Pound and Rudy Duran are Homesnap Local Experts in and around Garden City.
©2015 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2015 SmartZip Analytics, Inc. and ©2015 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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