3148 4th Ave E, Indianapolis, IN 46221
OFF MARKET

3148 4th Ave E
Indianapolis, IN 46221

Mars Hill
  • 2 Beds
  • 720 sqft

$155,700

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,004/mo*
Refinance Your Home

$155,700

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,004/mo*
Refinance Your Home
2 Beds
720 sqft

Home Value

Trulia Estimate
$156K
Since last month
Decreased$700 (-0.4%)
Since last year
Decreased$4K (-2.3%)
Since last sale
Increased$88K (+127.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +145% in the last 10 years
MonthEstimated value
2026
August 2026$156K
July 2026$155K
June 2026$157K
May 2026$157K
April 2026$157K
March 2026$157K
February 2026$152K
January 2026$153K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2719 S Fleming St, Indianapolis, IN
0.86
Multi-Family Home
$120,000
03/31/26
1
1
664
2955 Mars Hill St, Indianapolis, IN
0.32
Multi-Family Home
$230,000
08/25/25
4
2
-
1540 Hiatt St, Indianapolis, IN
2.41
Multi-Family Home
$39,900
03/10/26
2
-
812
1049 S Taft Ave, Indianapolis, IN
2.48
Multi-Family Home
$90,000
10/23/25
2
1
504
1017 S Pershing Ave, Indianapolis, IN
2.86
Multi-Family Home
$120,000
09/18/25
2
-
990
1809 W Morris St, Indianapolis, IN
2.87
Multi-Family Home
$252,500
11/05/25
2
1
416
1529 Hiatt St, Indianapolis, IN
2.44
Multi-Family Home
$145,000
06/25/26
2
1
-
1304 Phillips Dr, Indianapolis, IN
2.34
Multi-Family Home
$160,000
04/10/26
5
3
-
1921 W Miller St, Indianapolis, IN
2.48
Multi-Family Home
$115,000
03/13/26
3
3
-
1229 S Belmont Ave, Indianapolis, IN
2.71
Multi-Family Home
$98,000
02/09/26
2
2
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3268 S Mooresville Rd, Indianapolis, IN 46221
0.04
$120,200
2
1
1,024
Off Market
3302 S Mooresville Rd, Indianapolis, IN 46221
0.06
$232,000
4
2
3,528
Off Market
3330 S Mooresville Rd, Indianapolis, IN 46221
0.09
$164,900
3
1
1,176
For Sale
3154 S Holt Rd, Indianapolis, IN 46221
0.06
$155,200
3
1
1,008
Off Market
3146 S Holt Rd, Indianapolis, IN 46221
0.06
$70,000
3
1
1,050
Recently Sold
3113 S Holt Rd, Indianapolis, IN 46221
0.08
$146,800
2
1
888
Off Market
3250 Davis Dr, Indianapolis, IN 46221
0.12
$189,900
2
1
936
For Sale
3242 Davis Dr, Indianapolis, IN 46221
0.12
$121,900
3
1
1,040
Off Market
3381 S Mooresville Rd, Indianapolis, IN 46221
0.15
$185,300
3
1
1,161
Off Market
3053 4th Ave E, Indianapolis, IN 46221
0.13
$144,700
3
1
975
Off Market
3645 Winings Ave, Indianapolis, IN 46221
0.17
$222,200
3
2
1,420
Off Market
3430 Davis Dr, Indianapolis, IN 46221
0.17
$193,200
4
1
1,316
Off Market

Local Information

  • Map ViewExplore the area around 3148 4th Ave E.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1965
Living Area
720 sqft
Price/Sqft
$216

About this House

This multi-family home is located at 3148 4th Ave E, Indianapolis, IN. 3148 4th Ave E is in the Mars Hill neighborhood in Indianapolis, IN and in ZIP code 46221. This property has 2 bedrooms and approximately 720 sqft of floor space. This property has a lot size of 9583 sqft and was built in 1965.
3148 4th Ave E, Indianapolis, IN 46221 is a 2 bedroom, 720 sqft multi-family in Mars Hill, built in 1965. It last sold for $68,500 on Jul 12, 2016. It is currently off market. The Trulia Estimate is $155,700, with a rent estimate of $997/month.

Home Details for 3148 4th Ave E

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1965Year Updated: 1965
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 9583 sqft

Price and Tax history

DateEventPrice
Jul 12, 2016
Source: N/A
Sold
$68,500
Jul 28, 2009
Source: N/A
Sold
$34,100

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
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Around this home

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

Neighborhood Overview

Mars Hill
See Local Highlights
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. "
    0
    Flag
  • Trulia User
    "Everyone just helps each other around in that area and there is a art center and a really great school township "
    0
    Flag
  • 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."
    2
    Flag
  • 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. "
    5
    Flag
  • Trulia User
    "A lot of stray dogs and cats in the neighborhood. Which of the stray animals will use the restroom in your yard."
    1
    Flag
  • 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. "
    0
    Flag
  • Allykaat1
    "Been here over 10 years, last 5 have been horrible and continues to worsen by the day. Looking to move asap"
    23
    Flag
  • 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."
    8
    Flag
  • 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. "
    10
    Flag
  • 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. "
    3
    Flag
  • Chelsie L.
    "Some people let their dogs run free throughout the neighborhood or their dogs can get out easily too."
    4
    Flag
  • 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. "
    0
    Flag
  • Jessie
    "Lots of stray cats and loose dogs running around. And not many safe places to walk. Very sketchy people and lack of sidewalks. "
    0
    Flag
  • Morris C.
    "Where the pedophiles live and where is crime being committed safe streets for kids more than one local grocery available "
    0
    Flag
  • D m.
    "Good neighborhood and good safety, nice app,very clean complex app, maintenance are very fast and quick "
    0
    Flag
  • 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"
    22
    Flag
  • 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. "
    1
    Flag

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Homes for sale near 3148 4th Ave E

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Off Market Homes Near 3148 4th Ave E

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Frequently asked questions about 3148 4th Ave E

  • What is 3148 4th Ave E estimated to be worth?
    Trulia's estimated value for 3148 4th Ave E in Indianapolis, IN is $155,700.
  • What is the price history for 3148 4th Ave E?
    3148 4th Ave E in Indianapolis, IN last sold for $68,500 in July 2016.
  • 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.