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Archived about 4 years ago

$125,000

4 bd 2 ba

Indianapolis, IN 46221

Residential SFR

Current Rent **

$1,450

Projected Rent **

$1,450

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

Nice Cloverleaf Village 3-4 Bed Ranch in Decatur Township!

Right here is a great 3-4 bedroom home located in Decatur Township's Cloverleaf Village. This 1969 ranch comes with a 2-car detached garage. There is a similar house that recently sold for 155k AS IS, was rehabbed and is now pending with list price of $227500 after 60 days on the market.

This is a great neighborhood to hold or flip in!

Recent 1/4 mile Pending or Sold include:
5014 Norcroft - SOLD $155k AS IS (2 DOM), rehabbed and PENDING with list price $227500 (3/2, 2-car detached, 1200 sf, 60 DOM)
5128 Norcroft - SOLD $200k (3/1.5, 1250 sf, 2-car attached, 3 DOM)
5032 Gambel - SOLD $215k (3/1.5, 1260 sf, 2-car attached, 19 DOM)
4603 Gambel - SOLD $230k (3/2, 1150 sf, 2-car attached, 6 DOM)

Reply for showing information. Do NOT disturb occupants.

Location:

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.