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Archived over 1 year ago

$145,000

3 bd 2½ ba

1802 Fogelson Dr, Indianapolis, IN 46229

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,400

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

SOLID Flip or BRRRR 3/2.5 Brick Ranch in Warren Township!

Check out this great 3/2.5 brick ranch in Heather Hills on Indy's east side. This house sits on almost 1/3 of an acre on a lovely corner lot! This would be a great flip or a buy and hold with equity! The master bedroom is an en suite and there is a 2-car attached garage.

DO NOT DISTURB occupants. Please reply for showing information.

There is nothing active in this neighborhood and there are three houses that have sold for over $250k in the last year. The cheapest house sold in the last year for $136k AS IS but was smaller and not as nice as ours. It was flipped and sold recently for $255k!!

Recent Heather Hills sales include:
11111 Monroe - SOLD $250k (3/2, 1528sf, 2-car detached, 4 DOM)
1720 Arley - SOLD $251,900 (3/2, 1662sf, 2-car attached, 3 DOM)
11320 Stoeppelwerth - SOLD $255k (3/3, 1586sf, 2-car detached)

DO NOT Disturb occupants. 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 630.303.3444.

Realtors, we love working with you, please add your fee on top of our price.

Location:

1802 Fogelson Dr, Indianapolis, IN 46229

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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.