6334 Decatur Commons Indianapolis, IN 46221

3 beds · 1 bath · 1,292 sq ft · Lot Size: 6,534 sq ft · Single Family Home · Valley Mills
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6334 Decatur Commons is in the Valley Mills neighborhood of Indianapolis, IN. It is located in Marion County and ZIP code 46221. This Single Family Home was built in 1994 and is approximately 31 years old. The single family home spans 1292 sq ft with 3 bedrooms and 1 bathroom and sits on a 6534 sq ft lot. According to public records, it was last sold in 2002 for $43,225. The Valley Mills area of Indianapolis has 3091 residential homes. Analyze and compare real estate investment strategies for properties like this home at 6334 Decatur Commons Indianapolis, IN 46221 with Property Intel by Whitepages.

Investment Potential for 6334 Decatur Commons

The property has a current estimated value of $205,465, which is 0% below the neighborhood median, based on public records. It last sold on February 05, 2002 for $43.2K. Projected long-term
is $22,200 annually ($1,850 per month) with a 88% occupancy rate.

Long-Term

Gross Rental
$22,200 per year($1,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 46221 zip code
 
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Owners & Occupancy for 6334 Decatur Commons

No contact information is available.

Occupancy

Resident 1******************* age 67

Property Details for 6334 Decatur Commons

Property Details

Property Sq Ft

Living Area

1,292 sq ft

Compare to Valley Mills

Lot Size

6,534 sq ft

Compare to Valley Mills

Price Per Sq Ft

Living Area

$159 / sq ft

Compare to Valley Mills

Lot Size Area

$31 / sq ft

Compare to Valley Mills
Property condition, age, exterior, etc. for 6334 Decat…
Longitude: -86.270591 Latitude: 39.684266 Parcel Number (APN): 49-13-02-110-034.000-200…
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Market Benchmarks

Compare data for 6334 Decatur Commons in Marion County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
$205,465
$209,089
-$3,624 (-2%)
$310,205
-$16,223 (-5%)
YoY Price Change
3.01%
-156%
Year Built
1994
1972
22 years
Living Space
1,292 sq ft
1,582 sq ft
-290 (-18%)
$ Per Living Sq Ft
$159
$136
$23 (17%)
Lot Size
6,534 sq ft
12,807 sq ft
-6273 (-49%)
$ Per Lot Sq Ft
$31
$19
$12 (63%)

Net Operating Income
$14,155
$1,175 (8%)
Annual Revenue
$22,200
$19,800
$2,400 (12%)
$5,253
$1,617 (31%)
Net Operating Income
$14,155
$1,175 (8%)
Cap Rate
6.3%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians