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3230 Mars Hill St

Indianapolis, IN 46221

3 bd 1 ba 1,026 sqft Built 1947 Lot 5,227 sqft single_family
Most recent sale
$166,250
Dec 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2022 Sold $166,250 Public Record
Dec 5, 2022 Sold $145,000 MIBOR
Dec 5, 2022 Listing removed $149,900 MIBOR
Nov 1, 2022 Price changed $149,900 MIBOR
Oct 18, 2022 Listed $155,000 MIBOR
Oct 2, 2006 Sold $99,617 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $98,700 $8,900 $107,600 $1,081
2024 $96,600 $8,900 $105,500 $1,202
2023 $91,000 $8,900 $99,900 $1,074
2022 $50,800 $8,900 $59,700 $1,076
2021 $50,800 $8,900 $59,700 $1,502
2020 $50,800 $8,900 $59,700 $1,357
2019 $51,300 $8,900 $60,200 $1,507
2018 $49,000 $8,900 $57,900 $1,435
2017 $48,400 $8,900 $57,300 $1,428
2016 $48,000 $8,900 $56,900 $1,413
2015 $46,500 $8,900 $55,400 $1,257
2014 $45,000 $8,900 $53,900 $1,227
2013 $45,000 $8,900 $53,900 $1,077
2012 $44,100 $8,900 $53,000 $1,060
2011 $34,100 $3,000 $37,100 $344
2010 $33,400 $3,000 $36,400 $285
2008 $37,600 $3,000 $40,600 $542
2006 $42,200 $3,000 $45,200 $406

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,026 sqft
Lot size
5,227 sqft
ZIP code
46221
City
Indianapolis
Street
Mars Hill St
Coordinates
39.71598, -86.22896

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,539
Gross rental yield
11.11%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 3230 Mars Hill St last sell?
3230 Mars Hill St most recently sold on Dec 9, 2022 for $166,250.
What is the current tax assessment for 3230 Mars Hill St?
The most recent total assessment for 3230 Mars Hill St (year 2025) is $107,600 with $1,081 in property tax.
How does 3230 Mars Hill St's assessment compare to its last sale price?
The current assessment is 35.3% below the last sale price of $166,250.
When was 3230 Mars Hill St built?
3230 Mars Hill St was built in 1947.
How does 3230 Mars Hill St compare to others on Mars Hill St?
We track 8 other properties on Mars Hill St. Browse the list under "Other properties on Mars Hill St" to compare beds, baths, and sale history.
What are the property facts for 3230 Mars Hill St?
3230 Mars Hill St is a 3 bed, 1 bath, 1,026 sqft, 5,227 sqft lot single_family.
Is 3230 Mars Hill St a flip candidate?
No — 3230 Mars Hill St does not appear in our flips dataset.
Is 3230 Mars Hill St a tax-appeal candidate?
No — 3230 Mars Hill St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$217.8K
2026 Q4
$221.5K
ZIP 46221 — Median Price History + Forecast

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