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For sale about 1 month ago

$160,499

3 bd 2 ba 1325 sqft

Test 5408 S Concord St, Indianapolis, IN 46217

Residential SFR

Current Rent **

$1,745

Projected Rent **

$1,745

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Andrew Griffin

Investor
Contact Seller
Get pre-approved by a lender
Be Ready to Buy, Find the Right Loan

Test4 Twnshp 3-Bed Fixer! Indianapolis

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/Test-5408-S-Concord-St

Test 5408 S Concord St, Indianapolis, IN 46217
WALKTHROUGH FRIDAY, 05/01/26
MUST TEXT 317-751-9601 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 160,499 CASH OR BEST OFFER
OR
LAND CONTRACT PRICE
$ 45,677 WITH $ 55,778 DOWN

AFTER REPAIR VALUE
$ 23,000
Strong Comps in Surrounding Areas

RENTAL ESTIMATE
$ 1,745 (Not Currently Rented)
Rent-O-Meter Average

PROPERTY DETAILS
- SFH
- Brick Ranch Easy Flip or Rental!
- Beds: 3
- Baths: 2
- Square Feet: 1,325
- Basement: Unfinished
- Garage: 2-Car
- Furnace: ~10 years old
- Water Heater: ~8 years old
- Roof: Age unknown but appears to be in good condition
- Well: Redone 4 years ago
- Current Occupancy: Vacant
- Occupancy at Close: Vacant at Close
- Close of Escrow: 04/19/26
- Best Offer Due By: 04/19/26 12:00 PM
- Non-Refundable Earnest Money Deposit: $ 5,000

MARKET ACTIVITY
SUBJECT PROPERTY : 3 Beds / 2 Baths / 1,200 Sqft

COMPARABLES / RECENT ACTIVITY

• SOLD $245,000 - 5153 Milhouse Rd / 3 Bed / 2 Bath / 1.200 Sqft
• SOLD $242,500 - 5391 Dollar Forge Ln / 3 Bed / 2 Bath / 1,200 Sqft
• PEND $240,000 - 6369 River Valley Way / 3 Bed / 2 Bath / 1,216 Sqft
• PEND $228,900 - 5391 Milhouse Rd / 3 Bed / 2 Bath / 1,135 Sqft

!! JOIN OUR BUYER LIST: https://www.investbelowmarket.com/ !!

Location:

Test 5408 S Concord St, Indianapolis, IN 46217

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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.