3114 4th Ave E, Indianapolis, IN 46221
Property image
Property image
OFF MARKET

3114 4th Ave E
Indianapolis, IN 46221

Mars Hill
  • 4 Beds
  • 1 Bath

$144,600

Trulia Estimate
as of Aug 22, 2026

$144,600

Trulia Estimate
as of Aug 22, 2026
  • 4 Beds
  • 1 Bath

Home Highlights

Property Type
Single-Family Home

Local Information

  • Map ViewExplore the area around 3114 4th Ave E.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

4 Bedrooms garage/workshop combo (has electricity)
$1,250 rent for a 2-year lease; $1,295 rent for a 1-year lease
-garage/workshop combo (has electricity)
-Central AC
-carport
-covered front porch
-large kitchen with loads of cooking & cabinet space
-Decatur Township School District
-only about 1/2 mile from Stephen Decatur Elementary School
-just 0.3 miles from popular Bel-Aire Park city park & splash pad
ALERT - ALPINE LEASING DOES NOT ADVERTISE RENTAL PROPERTIES ON FACEBOOK OR CRAIGSLIST. AND WE NEVER COLLECT PAYMENTS AT OUR HOUSES. NO EXCEPTIONS.

This home is move-in ready and available now! We get a lot of inquiries and our properties turn over quickly. IF YOU WISH TO RECEIVE PRIORITY TREATMENT FROM OUR LEASING TEAM, AS WELL AS A DIRECT LINE OF COMMUNICATION WITH ONE OF OUR REALTORS, PLEASE GO TO 317RENTAL.COM AND COMPLETE AN APPLICATION TO GET PRE-APPROVED.

Apply for any property. Our approval will be for a dollar amount, not a house. As soon as you are pre-approved, a Realtor will reach out to you to schedule showings. OUR BEST HOMES USUALLY GO TO TENANTS SHOPPING WITH A PRE-APPROVAL!

We are a Licensed Real Estate Brokerage. Our primary focus is leasing residential properties. Due to a high demand for our large inventory of homes, our approval process is automated. WE ARE UNABLE TO DISCUSS APPLICATIONS IN PROCESS AT OUR OFFICE. WE DO NOT HAVE PHONE LINES DEDICATED TO DISCUSSING APPLICATIONS IN PROCESS OR WHAT IS NEEDED FOR APPROVAL. Approval guidelines are listed on our website. Upon completion of your application you will receive an email from our processing department that will serve as an open line of communication. Our email account is monitored closely by management/processing staff and responses are made in a timely manner Monday - Friday, 9am - 5pm. Upon approval of your application you will be contacted by a Realtor. You will then have access to phone communication and personalized service from an agent who will help you get moved into a home.
3114 4th Ave E, Indianapolis, IN 46221 is a 4 bedroom, 1 bathroom single-family home in Mars Hill. It last sold for $85,000 on Jun 12, 2025 (6,700% above the $1,250 asking price). More recently, it was listed as a rental in February 2026 with an asking price of $1,250 per month. That rental listing was removed on March 13, 2026. It is currently off market. The Trulia Estimate is $144,600, with a rent estimate of $1,539/month.

Home Details for 3114 4th Ave E

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Comparable Sales for 3114 4th Ave E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$70,000
06/11/26
3
1
1,050 sqft
0.07
Single-Family Home
$144,000
09/26/25
3
1
975 sqft
0.24
Single-Family Home
$71,000
04/24/26
3
1
992 sqft
0.31
Single-Family Home
$87,000
02/03/26
3
1
2,356 sqft
0.07
Single-Family Home
$107,500
06/22/26
5
1.5
1,783 sqft
0.18
Single-Family Home
$94,900
10/08/25
4
3.5
1,680 sqft
0.33
Single-Family Home
$119,500
12/30/25
4
1
-
0.11
Single-Family Home
$135,000
10/27/25
4
2
1,710 sqft
0.29
Single-Family Home
$94,900
09/26/25
2
1
1,680 sqft
0.15
Single-Family Home
$155,500
05/05/26
2
1
936 sqft

Nearby homes

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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Mars Hill

At least 86 Trulia users voted on each feature.
  • 85 % Say parking is easy

  • 84 % Say car is needed

  • 82 % Say yards are well-kept

  • 77 % Say kids play outside

  • 64 % Say it's dog friendly

  • 53 % Say there's holiday spirit

  • 48 % Say it's walkable to grocery stores

  • 44 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 39 % Say people would walk alone at night

  • 35 % Say it's quiet

  • 34 % Say there are sidewalks

  • 33 % Say it's walkable to restaurants

  • 29 % Say they plan to stay for at least 5 years

  • 12 % Say streets are well-lit

  • 11 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lilsispeanut
    "There is an annual neighborhood block party, a church that provides free summer meals for kids, and a free book exchange. "
  • Trulia User
    "Everyone just helps each other around in that area and there is a art center and a really great school township "
  • Trulia User
    "Dog owners would dislike the fact that there is no yard for dogs to tun in. Also, those of us who do pick up after our animals are tired of being blamed for piles of poop others leave."
  • Della B.
    "I've lived here in the Decatur Township part of Mars Hill for over 2 years. I love my neighbors! They are friendly and neighbor is quiet. Anyone looking for a home on Southwest side of Indy, take note the Decatur Township side of Mars Hill is full of quiet neighborhoods. "
  • Trulia User
    "A lot of stray dogs and cats in the neighborhood. Which of the stray animals will use the restroom in your yard."
  • Trulia User
    "the school of StoutField on Sam Jones has a splashpark for anyone that wants to use it is about the only thing that is special in this neighborhood. "
  • Allykaat1
    "Been here over 10 years, last 5 have been horrible and continues to worsen by the day. Looking to move asap"
  • Nick D.
    "Drugs, domestic violence and loud noises. Avoid if you have any personal dignity. Kids growing up here will be exposed to the worst side of adults and likely be in danger."
  • Rebecca L. C.
    "It’s an old neighborhood with working families trying to get by day to day a lot of old school families I grew up here and have seen it go down no improvements here but good people for the most part. "
  • Sarah S.
    "I make it quick as possible, I don’t like being outside when it’s dark. Music thumps loudly in cars and you can hear gun shots often. "
  • Chelsie L.
    "Some people let their dogs run free throughout the neighborhood or their dogs can get out easily too."
  • Jess
    "The only thing I like about this location is I’m not far from 465 or 70. Only takes 10-15 min to get downtown, west side and south side. "
  • Jessie
    "Lots of stray cats and loose dogs running around. And not many safe places to walk. Very sketchy people and lack of sidewalks. "
  • Morris C.
    "Where the pedophiles live and where is crime being committed safe streets for kids more than one local grocery available "
  • D m.
    "Good neighborhood and good safety, nice app,very clean complex app, maintenance are very fast and quick "
  • Faith A.
    "I lived in the area when the kids were smaller and liked it. Want to move back into the are as soon as possible"
  • L_wjohnson
    "WE lived here for 9 years and would have stayed but we experienced job relocation. WE felt it was an excellent area, safe, accessible, and easy travel to all areas of Indianapolis, via I70 or I465. "

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Mar 13, 2026
Source: Zillow Rentals
ListingRemoved
$1,250
Feb 25, 2026
Source: Zillow Rentals
Listed For Rent
$1,250
Jun 12, 2025
Source: N/A
Sold
$85,000
Aug 12, 2020
Source: N/A
Sold
$89,200
Apr 23, 2020
Source: Agent Provided
ListingRemoved
$795

Frequently asked questions about 3114 4th Ave E

  • What is 3114 4th Ave E estimated to be worth?
    Trulia's estimated value for 3114 4th Ave E in Indianapolis, IN is $144,600.
  • What is the price history for 3114 4th Ave E?
    3114 4th Ave E in Indianapolis, IN last sold for $85,000 in June 2025.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $251K. That is up $10K from the prior month.

Homes for rent near 3114 4th Ave E

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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