2741 Mars Hill Street
Indianapolis, IN 46241
- 4 beds
- 2 baths
- 2,530 sqft
- 5,184 sqft lot
- $112 per sqft
- 1953 build
Two homes, three parcels, and endless potential-welcome to 2741 Mars Hill Street! This versatile property offers a rare investment or multi-generational living opportunity just minutes from downtown Indianapolis and the airport. The main brick home features 4 bedrooms, 2 full baths, and 2 kitchens, with the upstairs functioning as a private suite-complete with its own entrance, living room, kitchen, and bath. Behind the main house sits a charming carriage house, offering an additional 2 bedrooms, full kitchen, and jack-and-jill bathroom-perfect for guests, rental income, or in-law quarters. Bonus: The *653 sq ft carriage house is not included in the main home's total square footage. Both homes have been professionally remodeled from top to bottom: new roof, windows, HVAC, plumbing, electrical, flooring, appliances, cabinets, and granite countertops. Simply move in and start living-or start earning. Outside, enjoy a 3-car detached garage (ready for a renovation glow-up), plus two additional parcels-all fully enclosed by chain-link fencing, offering space to expand, garden, build, or just enjoy the extra privacy. Whether you're a homeowner seeking flexibility or an investor looking for solid returns, this property is packed with potential.
Last checked:
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Checking…
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Last updated Apr 17, 2025
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MLS# 22032024 —
The Building
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Year Built:1953
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New Construction:false
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Construction Materials:Brick, Vinyl With Brick
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Architectural Style:Colonial
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Levels:One and One Half
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Basement:true
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Foundation Details:Concrete Perimeter, Block
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Exterior Features:Carriage/Guest House
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Accessibility Features:No
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Green Certification:No
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Upper SqFt:660
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Building Area Total:3630
Interior
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Rooms:12
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Rooms Total:13
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Rooms Total:12
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Interior Features:Attic Access, Bath Sinks Double Main, In-Law Arrangement, Programmable Thermostat, Windows Vinyl, WoodWorkStain/Painted
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Eating Area:Dining Combo/Kitchen
Room Dimensions
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SqFt:2530
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Main Level SqFt:1870
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Living Area:2530
Location
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Directions:GPS Friendly
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Latitude:39.724899
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Longitude:-86.228413
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:491120119126000900
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Acres:1/4-1/2 Acre
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Lot Features:Mature Trees
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Lot Size Acres:0.33
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Lot Size SqFt:5,184 Sqft
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Price Per Acre:863333
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Fencing:Fence Complete, Gate
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 969-3180
- Office phone:
- (317) 371-0060
Taxes
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Tax Lot:491120119126000900
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Tax Year:2024
Beds
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Beds:4
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Bedrooms:4
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Bedrooms Total:4
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Main Level Bedrooms:3
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# of Bedrooms Upper:1
Baths
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Baths:2
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Full Baths:2
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Full Baths:2
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Full Baths Main:1
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Full Baths Upper:1
Heating & Cooling
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Heating:Natural Gas
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Cooling:None
Utilities
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Dishwasher, Gas Water Heater, MicroHood, Electric Oven, Gas Oven, Refrigerator
Schools
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High School District:MSD Wayne Township
The Community
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Subdivision Name:Mars Hill
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Association:false
Parking
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Parking Features:Detached
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Garage:true
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Garage Spaces:3
Monthly cost estimate

Asking price
$284,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,525
|
Taxes | N/A |
Insurance | $78 |
Utilities | $162 See report |
Total | $1,765/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/10/25
Apr 10, 2025
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Listed / Active | MIBOR | $284,900 | |
2/4/25
Feb 4, 2025
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Price Changed | MIBOR | ||
9/14/24
Sep 14, 2024
|
Price Changed | MIBOR |