- 4 beds
- 2 baths
- 1,386 sqft
- 1,138 sqft lot
- $82 per sqft
- 1964 build
Welcome to 3336 Tara Ln, a 4BR 1.5BATH, beautifully updated and move-in-ready condo located in the heart of Indianapolis' west side. Whether you're seeking immediate rental income or a comfortable home to occupy, this property delivers both value and versatility. With Section 8 rental potential of $1,700-$1,800/month and a low monthly HOA, it's an outstanding opportunity for steady cash flow or affordable homeownership. Recent enhancements include fresh interior paint, new carpet, new living room flooring, a brand-new dishwasher, a 2024 refrigerator, new commode in the half bath, updated window blinds, a new upstairs vanity countertop, new bedroom and closet doors, and newly installed privacy fencing on the back patio. Assigned parking is included for added convenience. Situated just minutes from the iconic Indianapolis Motor Speedway, this home offers quick access to one of the city's most celebrated attractions and is conveniently located near major roadways, dining, shopping, and schools. Don't miss your chance to own a well-maintained, income-producing property at an unbeatable price point in a growing market.
Last checked:
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Last updated Jul 12, 2025
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MLS# 22048762 —
The Building
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Year Built:1964
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New Construction:false
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Construction Materials:Vinyl With Brick
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Architectural Style:Traditional
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Foundation Details:Slab
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Condo Type:Vertical
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Condo Description Location:Ground Level
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Levels:Two
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Basement:false
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Patio And Porch Features:Patio, Porch
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Accessibility Features:No
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Common Walls:2+ Common Walls
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Upper SqFt:693
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Building Area Total:1386
Interior
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Rooms:7
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Rooms Total:7
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Rooms Total:7
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Interior Features:Supplemental Storage
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Kitchen Features:Kitchen Some Updates
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Eating Area:Dining Combo/Kitchen
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Laundry Features:Main Level
Room Dimensions
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SqFt:1386
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Main Level SqFt:693
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Living Area:1386
Location
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Directions:GPS Friendly
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Latitude:39.815551
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Longitude:-86.251681
The Property
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View:true
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Property Type:Residential
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Property Subtype:Condominium
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Property Attached:true
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Parcel Number:490524106033000901
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Acres:<1/4 Acre
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Lot Features:Curbs, Sidewalks, Street Lights
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Lot Size Acres:0.03
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Lot Size SqFt:1,138 Sqft
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Price Per Acre:3830000
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Fencing:Full
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 759-3004
- Office phone:
- (317) 500-5963
Taxes
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Tax Lot:37
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Tax Year:2024
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Tax Exemptions:None
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Semi Annual Property Tax Amt:863
Beds
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Beds:4
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Bedrooms:4
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Bedrooms Total:4
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# of Bedrooms Upper:4
Baths
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Baths:2
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Full Baths:1
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Full Baths:1
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Half Baths:1
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Half Baths:1
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Half Baths Main:1
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Full Baths Upper:1
The Listing
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FHA Certified:No
Heating & Cooling
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Heating:Forced Air, Electric
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Cooling:Central Air
Utilities
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Water Source:Public
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Solid Waste:Yes
Appliances
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Appliances:Dishwasher, Dryer, Disposal, Exhaust Fan, Electric Oven, Refrigerator, Washer, Electric Water Heater
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Tara Townhouse On The Green
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Association Amenities:Insurance, Maintenance Grounds, Snow Removal, Trash
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Association Fee Frequency:Monthly
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Association:true
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Association Fee:40
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Association Fee Includes:Entrance Common, Insurance, Maintenance Grounds, Snow Removal, Trash
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Management Company Name:TaraTownhouses On the green
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Ownership Interest Types:Mandatory Fee
Parking
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Parking Features:Assigned, Guest
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Garage:false
Monthly cost estimate

Asking price
$114,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$615
|
Taxes | $143 |
Insurance | $31 |
HOA fees | $40 |
Utilities | $113 See report |
Total | $942/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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7/11/25
Jul 11, 2025
|
Pending | MIBOR | $114,900 | |
7/3/25
Jul 3, 2025
|
Listed / Active | MIBOR | $114,900 |