RealtyLens
for saleRealtyLens property overview
$259,900

3811 W 45th Ter

Indianapolis, IN, 46228
View more Indianapolis, IN property pages
3Beds
2Baths
1,391Sqft
$187$/sqft

Listing Notes

One storey brick and vinyl ranch offers three bedrooms, two full baths and two car garage sits on a cul de sac. Great room with skylights and formal dining area on one side, eat in kitchen with eat up bar, split bedrooms with primary bedroom offering spacious bath with garden tub, separate shower, double sinks and walk in closet. Garage is finished. Updates over the years like plank flooring, roof and some of the appliances. Long time tenant with lease up in October. They would consider staying depending on new owners desire.

Market Insights

Above nearby median+34%

$187/sqft vs a nearby median of $140/sqft.

Nearby median$140/sqft
Nearby properties2
Property size1,391 sqft
  • +34% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,391 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$194k$178k$210k · 57% confidence
vs ask $260k+$66k (+25.4%)

Asking price is about 25.4% above where comps + adjustments land — there is room to negotiate.

$140/sqft median across 2 tight comps × 1,391 sqft= $194k
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position+34% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

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
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
18 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$259,900for 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.