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Archived 6 months ago

$284,990

5+ bd 3 ba 3116 sqft

7575 Monterey Cir, Avon, IN 46123

Residential SFR

Current Rent **

$2,745

Projected Rent **

$2,745

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Andrew Griffin

Investor
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1996 Build Vinyl Cosmetic Fixer HUGE VALUE-ADD! Avon

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/7575-Monterey-Cir

7575 Monterey Cir, Avon, IN 46123
WALKTHROUGH THURSDAY, 05/07/26
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 284,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 415,000
Huge Value-add by putting a bedroom/bath in basement and smart cosmetic updates!

RENTAL ESTIMATE
$ 2,745 (Not Currently Rented)
Rent-O-Meter 5-Bed Median

PROPERTY DETAILS
- SFH
- Cosmetic fixer with HUGE Value-add!
- Bed: 4 (potential 5 beds)
- Bath: 2 (potential 3 baths)
- Sqft: 3,116 (After the finished basement)
- Garage: 2-car attached
- Electrical: 200 Amp
- Roof: ~10 years old
- HVAC: 2013
- Windows: No replacement needed
- Current Occupancy: Vacant
- Occupancy at Close: Vacant at Close
- Close of Escrow: 06/09/26
- Best Offer Due By: 05/08/26 12:00 PM
- Non-Refundable Earnest Money Deposit: $ 5,000

MARKET ACTIVITY
SUBJECT PROPERTY: 7575 Monterey Cir 5 Beds (after fin basement) / 3 Bath (after fin basement) / 3,116 Sqft / 2 Attached Garage / Built 1996

COMPARABLES / RECENT ACTIVITY

SOLD $425,000 – 6746 Wilton Ln /5 Beds / 3 Bath / 2,943 Sqft / 3 Attached Garage / Built 2008
SOLD $399,900 – 1378 Runningbrook Dr / 4 Beds / 3.1 Bath / 3,066 Sqft / 2 Attached Garage/ Built 1997
SOLD $399,000 – 7589 Fox Tail Cir / 3 Beds / 2 Bath / 3,220 Sqft / 2 Attached Garage/ Built 1994
SOLD $390,000 – 938 Weeping Way Ln / 4 Beds / 2 Bath / 2,950 Sqft / 2 Attached Garage/ Built 2003
SOLD $375,000 – 506 Balfour Ct / 4 Beds / 2.1 Bath / 2,160 Sqft / 2 Attached Garage/ Built 1997
SOLD $365,000 – 523 Torrey Ct / 4 Beds / 2 Bath / 2,514 Sqft / 2 Attached Garage/ Built 1997

!! JOIN OUR BUYER LIST: https://www.investbelowmarket.com/ !!

Location:

7575 Monterey Cir, Avon, IN 46123

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.