$160,000
1920 Mare Ave, Indianapolis, IN 46203
Current Rent **
N/A
Projected Rent **
$1,800
👷🛠️🔥Simple Flip Potential in Wallace Crossing – Don’t Miss This One
Located in the Wallace Crossing neighborhood, this 3-bedroom, 2-full-bath home presents an excellent opportunity for an easy, cosmetic flip. The property features a 2-car attached garage, a slab foundation, and a functional layout that lends itself well to value-adding updates.
The home remains in fair overall condition, making it ideal for straightforward improvements such as new flooring, fresh paint, and bathroom updates. These cosmetic upgrades alone could significantly enhance the home’s appeal and resale potential.
Perfect for investors seeking a low-complexity renovation with strong upside, 1920 Mare Ave is a solid opportunity in a desirable Indianapolis neighborhood. 💡🔨
Recent Neighborhood Comps
5447 Adina SOLD as-is for 160k - (3/2,1,269 SF) \ 5447 Adina FLIPPED SOLD 255.4K
5403 Pommel Ct SOLD 239.9K- (3/2, 1,509 SF)
Please do not disturb the occupants. Contact us for showing details.
All of our properties are sold "AS IS, WHERE IS" and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.
Realtors, we love working with you, please add your fee on top of our price.
Location:
1920 Mare Ave, Indianapolis, IN 46203
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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.
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