RealtyLens
for saleRealtyLens property overview
$350,000

3246 W 46th St

Indianapolis, IN, 46228
View more Indianapolis, IN property pages
4Beds
2.5Baths
2,423Sqft
$144$/sqft

Listing Notes

This 4-bedroom, 2.5-bath home has a lot going for it right out of the gate. It sits on a large lot with grand, established trees that give the property a sense of scale and character you don't find on every street. Inside, the updates are real and practical - new hardwood flooring on the upper level, fresh finishes throughout, and the kind of move-in condition that means you're unpacking boxes, not scheduling contractors. The big-ticket items have been handled, too. A new roof in 2024 and fresh exterior paint in 2025 take two of the most common buyer concerns completely off the table. The basement adds a generous amount of storage space - enough to actually keep the rest of the home organized without feeling squeezed. On top of all that, the location delivers. You're 10 minutes from downtown, with quick access to Interstate 65 making commutes and errands genuinely straightforward. Eagle Creek Park is just minutes away, offering trails, water, and open space that's hard to put a price on.

Market Insights

Below nearby median-17%

$144/sqft vs a nearby median of $173/sqft.

Nearby median$173/sqft
Nearby properties7
Property size2,423 sqft
  • -17% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 2,423 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$413k$378k$448k · 56% confidence
vs ask $350k−$63k (−18.0%)

Asking price is about 18.0% below the fair value — likely to draw competing offers if it's still on market.

$173/sqft median across 3 tight comps × 2,423 sqft= $419k
  • Mid-century building era−$6k −1.5%
Cumulative NYC adjustments−$6k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-17% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementNo cuts recorded

The available price history has not shown a cut yet, so leverage may need to come from comps, condition, or days on market.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
Up $25,000 (7.7%)
Listed
May 8, 2026
Photos
38 photos
Property type
single family
Status
for sale

Photos

Price History

May 12, 2026diff
$350,000for sale
May 8, 2026Initial record
$325,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.