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For sale about 1 month ago

$154,990

3 bd 2½ ba 1726 sqft

4965 Hawthorne Way, Avon, IN 46123

Residential Condo Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1,990

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

🔥 Avon Beginner Flip or Rental 3-Bed Condo!!

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/4965-Hawthorne-Way

4965 Hawthorne Way, Avon, IN 46123
WALKTHROUGH MONDAY, 08/04/25
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 154,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 215,000
Only light cosmetic updates needed to achieve after repair value

RENTAL ESTIMATE
$1,990
Rent-O-Meter Median

PROPERTY DETAILS
- Condo
- 3 Bed
- 2.5 Bath
- 1,726 Sqft
- Garage 2A
- Rare Enclosed Patio/Sunroom not shown in sqft
- Newer Mechanicals
- HOA Responsible for Exterior
- Furncace 2021
- AC 2021
- Water Heater 2019
- Very Light Cosmetic Easy Flip
- Perfect for a Beginner
- Current Occupancy: Owner Occupied
- Occupancy at Close: Post-Close Possession Needed
- Close of Escrow: 08/27/25
- Best Offer Due By: 08/05/25 03:00 PM
- Non-Refundable Earnest Money Deposit: $ 5,000

MARKET ACTIVITY
SUBJECT PROPERTY : 3 Beds / 2.5 Baths / 2-Car Garage / 1726 Fin Sqft

COMPARABLES / RECENT ACTIVITY

SOLD $214,000 - 640 Blossom Dr / 3 Bed / 2.5 Bath / 2-Car Garage / 1,826 Fin Sqft
• Basic Finishes, Patio Not Enclosed
SOLD $212,250 - 179 Sugarwood Ln / 3 Bed / 2.5 Bath / 2-Car Garage / 1,826 Fin Sqft
• Basic Finishes, Patio Not Enclosed, Sold in Winter Market
SOLD $211,000 - 4969 Fairway Dr / 3 Bed / 2 Bath / 2-Car Garage / 1,826 Fin Sqft
• Not fully updated, One less half bath
SOLD $207,000 - 193 Sugarwood Ln / 2 Bed / 2 Bath / 1-Car Garage / 1,596 Fin Sqft
• One Less Bed count, Less Sqft, Less a Garage Space, Patio Not Enclosed

Location:

4965 Hawthorne Way, 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.