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Archived 11 months ago

$99,990

3 bd 1½ ba 2240 sqft

3612 N Gale St, Indianapolis, IN 46218

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1,384

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

🔥 3-Bd Fixer! Tons of Potential! Indianapolis

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/3612-N-Gale-St

3612 N Gale St, Indianapolis, IN 46218
WALKTHROUGH FRIDAY, 10/03/25
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 99,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 215,000
Basement is fully finished. Straight-forward flip with plenty of Strong Comps

RENTAL ESTIMATE
$ 1,384 (Not Currently Rented)
Rent-O-Meter Average

PROPERTY DETAILS
- SFH
- Beds: 3
- Baths: 1.5
- Square Feet: 2,240. Fin basement not shown in property records.
- Fully Finished Basement
- Garage: 1 Car Attached
- 200 AMP Electric
- Water Heater 2017
- Elevated Deck in back of house
- Improving Area with Strong Comps
- Current Occupancy: Owner Occupied
- Occupancy at Close: Post-Close Possession Needed
- Close of Escrow: 10/31/25
- Best Offer Due By: 10/06/25 03:00 PM
- Non-Refundable Earnest Money Deposit: $ 5,000

MARKET ACTIVITY
SUBJECT PROPERTY : 3612 N Gale St / 3 Beds / 1.5 Baths / 2,240 Fin Sqft / 1-Car Attached

COMPARABLES / RECENT ACTIVITY

• SOLD $225,000 – 3450 N Oxford St / 3 Bed / 2 Bath / 1 Car Gar / 2,144 Sqft (Not Fully finished. See Below)
• Partially Finished Basement, Less Finished Sqft

• SOLD $209,000 – 3702 N Chester Ave / 3 Bed / 3 Bath / 1,788 Fin Sqft / 2 Car Gar

• SOLD $209,000 – 3608 N Chester Ave / 3 Bed / 2 Bath / 1,820 Fin Sqft / 1 Car Gar
• Less Sqft

• SOLD $185,000 – 3445 N Olney St / 3 Bed / 1.5 Bath / 2,080 Fin Sqft / 1 Car Gar
• Not fully updated, Less Sqft, Basement not fully finished

• SOLD $180,000– 3323 E 36th St / 3 Bed / 2 Bath / 1,464 Fin Sqft
• Much smaller, No Garage

Location:

3612 N Gale St, Indianapolis, IN 46218

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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.