Indianapolis Market question

[Account Closed]

Quick question for any local Indianapolis investors.

I am looking at a long term buy and hold property I have found off-market. The property is located near 46th and College ave. Can anyone give me some info on this area? I know it is close to Butler University, the fairgrounds, and also still fairly close to Broad Ripple. The house is in excellent condition with major rehab done in 2009. I am confident in the house but would love some advice on the area from people who have  experience in the area.

Thanks in advance!

[Ryan Mullin]

West of college vs east of college..   north of 46th vs south of 46th..    all different.  NW being the preference and SE being the less desirable quadrant in my opinion.   Overall like @Shawn Holsapple said its OK.  Some pockets are great others not so much.  49th and college has some pretty significant developments with the Sinking Ship and some other restaurants and shops..   but cash flow wise, you can have some pretty ridiculous property taxes over there because it is technically meridian-kessler.  So your lumped in with the governors mansion and all those huge million dollar houses over there...