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For sale about 1 month ago

$74,990

3 bd 1½ ba 936 sqft

3987 Moline Dr, Indianapolis, IN 46221

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1,608

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

🔥 Fixer 3-Bed Ranch Decatur Twnshp

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/3987-Moline-Dr

3987 Moline Dr, Indianapolis, IN 46221
WALKTHROUGH MONDAY, 08/04/25
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 74,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 175,000
Easy to achieve the value with basic finishes

RENTAL ESTIMATE
$1,608 Rent-O-Meter Median

PROPERTY DETAILS
- Single Family
- 3 Bed
- 1.5 Bath
- 936 Sqft
- Garage 1A
- Ranch
- Slab
- Furnace 2023
- AC 2023
- Water Heater 2019
- 14-Days Post Close Possession
- Current Occupancy: Owner Occupied
- Occupancy at Close: Post-Close Possession Needed
- Close of Escrow: 08/26/25
- Best Offer Due By: 08/05/25 03:00 PM
- Non-Refundable Earnest Money Deposit: $ 5,000

MARKET ACTIVITY
SUBJECT PROPERTY : 3987 Moline Dr 3 Bed / 1.5 Bath / 936 Fin Sqft

COMPARABLES / RECENT ACTIVITY

• SOLD $185,000 - 3458 6th Ave E / 3 Bed / 1 Bath / 1073 Fin Sqft
• Half Bath less
• PEND $185,000 - 4020 Alden Ave / 3 Bed / 1.5 Bath / 1091 Fin Sqft
• Not Fully Updated
• SOLD $180,000 - 3417 W Perry St / 3 Bed / 1 Bath / 960 Fin Sqft
• Very basic finishes, Half Bath less
• SOLD $179,900- 3302 S Rybolt Ave / 3 Bed / 1 Bath / 1012 Fin Sqft
• Very basic finishes, Half Bath less

Location:

3987 Moline Dr, Indianapolis, IN 46221

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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.