Recently Sold — 3540 Lambert Street, Indianapolis, IN 46241
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ABOUT THIS HOME
Have you been thinking about investing in an Airbnb property? Or maybe you're ready to buy but don't want the hassle of furnishing a home from scratch? This one checks all the boxes. This fully equipped property comes completely furnished - plus all appliances are included - and features a FULL basement for added flexibility and storage. It's truly turnkey and ready to go from day one. Location? Hard to beat. You're within a 5-mile radius of the Indy 500 track, the Indianapolis Zoo, and the stadiums where the Pacers, Indians, and Colts play. Want to get those steps in? Take a stroll downtown and enjoy everything the city has to offer. Outside, you'll love the covered front porch, spacious back deck, fenced-in backyard, and a two-plus car garage. The blacktop driveway makes clearing Indiana snow a breeze, and when spring hits, the blooming flowers make the entire yard pop. Whether you're looking for a smart investment or a move-in-ready home, this property delivers convenience, comfort, and location all in one.
$165,000
$172,500
Have you been thinking about investing in an Airbnb property? Or maybe you're ready to buy but don't want the hassle of furnishing a home from scratch? This one checks all the boxes. This fully equipped property comes completely furnished - plus all appliances are included - and features a FULL b...
1,260
Sq Ft
1951
Year Built
2
Bedrooms
1
Bathrooms
Key things to know
- Sold 7.2% below list in 32 days
- Finished basement (540 sqft)
Sold
$160,000
-$12,500 below list (-7.2%)
- Closed
- May 5, 2026
- Listed at
- $172,500
- Sold
- 1 week ago
- Sold in
- 32 days
Price history
- Sold$160,000
May 5, 2026
- Price reduced$172,500 → $165,000
Mar 9, 2026
- Listedat $172,500
Feb 28, 2026
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Comparative value
5 comps in this range
This home is 14% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$172,500Listed· Feb 28, 2026
$165,000Reduced
↓ $7,500 (4.3% off original)
32 days on market
Layout
Schools
MSD Wayne Township
Neighborhood
- Downtown Indianapolis3.5 mi
- Zionsville Community HS14.8 mi
- Carmel Central Park15.3 mi
- Monon Trail (Carmel)15.5 mi
- Carmel High School16.1 mi
- IU Health North Hospital16.7 mi
PROPERTY DETAILS
Living Area
1,260 sq ft
Year Built
1951
Stories
One
Subdivision
No Subdivision
Bedrooms
2
Bathrooms
1 full
Garage
2 spaces
School District
MSD Wayne Township