1 month on rocket

3902 W 86th St, Indianapolis, IN, 46268

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Full Bath, 2 Partial
3,312 SqFt
$166/SqFt
House
Schools Nearby

Location

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3902 W 86th St, Indianapolis$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1950
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGreat Room, Living Room
MLS #21967619
Lot Size1.21 Acres
StatusActive

About 3902 W 86th St

This property is currently being used as a Beauty Salon. It is zoned for Residential with a variance to be used as a Beauty Salon. You can convert it back to residential or continue to use it as a Beauty Salon. Or better yet, with a few modifications you could do both. Live there and operate your own Beauty Salon. You will not find very many properties zoned this way. This property includes all the amenities to run your new business. Located on busy 86th St near Michigan Road with 200' of frontage and 18 parking spots for your clients and sits on 1.2 acres. It has a lower level that has been updated with plumbing and exhaust pipe for nail painting stations. New roof fall of 2023. Come see your next home/business opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1950
  • Living Area: 3,312 SqFt

Listing Office:

  • Office Name: United Real Estate Indpls
  • Office Email: LorenSellsHomes@gmail.com
  • Listing Agent: Loren Welker

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Interior: Windows Vinyl, Windows Wood
  • Fireplace: Great Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 1.21 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Pike High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • New Augusta Public Academy-North, Public District Grades 6-8
  • College Park Elementary School, Public District Grades KG-5
  • Fishback Creek Public Aca, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $166/SqFt

Tax Information:

  • Annual Amount: $6,986
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

3902 W 86th St vs Indianapolis

39 DAYS ON ROCKET

-6 Days

$550,000

+$310.2K More

$166/SqFt

+$31 More

KEY TAKEAWAY

This property is $310.2K more than the Median Sold Price and $31/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21967619

Listing Office:

  • Office Name: United Real Estate Indpls
  • Office Email: LorenSellsHomes@gmail.com
  • Listing Agent: Loren Welker

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 11:46:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,986$275,900
2019$7,403$275,900
2018$7,381$275,900
2017$7,321$274,300

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1059864
4
/10
  • College Park Elementary School

  • 7839 New Augusta Rd

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-1059865
6
/10
  • Fishback Creek Public Aca

  • 8301 W 86th St

  • 4.26 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1059866
2
/10
  • Lincoln Middle School

  • 5353 W 71st St

  • 2.51 miles

  • Public District Grades 6-8

school-card-donut-1059867
4
/10
  • New Augusta Public Academy-North

  • 6450 Rodebaugh Rd

  • 2.63 miles

  • Public District Grades 6-8

High School

school-card-donut-1059868
4
/10
  • Pike High School

  • 5401 W 71st St

  • 2.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,077. Residents of Indianapolis, IN typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3902 W 86th St

What is the listing price of this property?

The listing price of 3902 W 86th St property is $550,000.

What type of property is this?

The property 3902 W 86th St is a house located in Indianapolis, Indiana, 46268.

Is this property for sale now?

Active Listing: 3902 W 86th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3902 W 86th St are:
College Park Elementary School: GreatSchools Rating 4/10
Fishback Creek Public Aca: GreatSchools Rating 6/10
Lincoln Middle School: GreatSchools Rating 2/10
New Augusta Public Academy-North: GreatSchools Rating 4/10
Pike High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,986 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3902 W 86th St has 2 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 3902 W 86th St is 3,312 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3902 W 86th St is 1950.

Rocket HomesIndianaMarion CountyIndianapolis462683902 W 86th St

This home is located at 3902 W 86th St in Indianapolis, IN and zip code 46268 in the College Park neighborhood. This 3,312 square foot home, which was built in 1950, sits on a 1.21 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $550,000.

Indianapolis, IN housing market in March 2024 saw over 225 listings sold above listed price, more than 262 sold at listed price and over 502 sold below. The number of listings in Indianapolis, IN increased by 7.4% between February 2024 and March 2024. While the average time on the market in March 2024 was 45 days, the median list price was $239,776.

From Rocket Homes Real Estate and based on county public records data.

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