Indianapolis 46250 — Subject-To + Seller Carry — 4BR/3BA Pool Home

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Indianapolis 46250 — Subject-To + Seller Carry — 4BR/3BA Pool Home

Indianapolis, IN · Member since 2016 · 13 posts · 9 votes

Indianapolis, IN 46250 — Castleton area
4BR / 3 full baths | approx. 1,988 finished SF | 2-car garage | fenced ~0.35-acre lot | in-ground pool + hot tub

Looking for a strong end buyer/principal for a creative-finance structure.

Proposed terms:
• Purchase price: $319,900
• Existing balance: approx. $280,074
• Existing rate: 6.5%
• Current total monthly obligation: approx. $2,613 including escrow/fee
• Cash to seller at closing: $10,000 requested
• Remaining seller equity: approx. $29,826, seller-carried at 0% / $0 monthly
• Refinance/payoff requested within 36 months

Full house previously rented for $2,650/month for one year without pool access. Pool is now fully repaired and operational. With the improvements completed, I would currently test conventional rent around $2,995/month. Buyer to verify their own rents and strategy.

Approximately $10,000 in recent improvements/upgrades, including roughly $5,300 in pool repairs/equipment, bathroom updates, wall/finish improvements, flooring, paint/touchups, electrical upgrades including updated panel and EV-ready garage outlet, laundry/lower-level improvements, and substantial yard cleanup.

Property is being offered as-is.

Open to subject-to, seller-carry, hybrid, or another well-structured creative proposal. My priorities are strong cash to seller at closing, full monthly payment/property expenses covered, and a clearly defined refinance/payoff timeline.

End buyers/principals preferred. If you are assigning or JVing, please disclose that upfront.

DM me with your proposed structure, cash to seller, EMD, payoff timeline, proof of funds/reserves, and whether you are the end buyer.

Exact address and additional photos/details available to serious buyers by DM.

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