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For sale 21 days ago

$109,990

3 bd 1 ba 1371 sqft

102 N Linwood Ave, Indianapolis, IN 46201

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1,332

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

🔥🔥PRICE DROP! TUXEDO PARK FLIP OR 5% FINANCE!! Indianapolis

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/102-n-linwood-ave/

102 N Linwood Ave, Indianapolis, IN 46201
WALKTHROUGH MONDAY, 06/09/25
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

ASKING PRICE
$ 109,990 CASH (OR BEST OFFER)

AFTER REPAIR VALUE
$ 190,000

RENTAL ESTIMATE
$ 1,332 (Not Currently Rented)
Rent-O-Meter Average | Your Land Contract Payment would be around $900/month

PROPERTY DETAILS
- Single Family
- 3 Bed
- 1 Bath (Add bath to boost value!)
- 1,371 Sqft
- 1-Car Garage
- Very Light Renovation to make Rent Ready
- Newer Roof
- ***LAND CONTRACT OPTION PRICE $139,990 WITH $35K DOWNPAYMENT. ONLY 5% INTEREST RATE. MONTHLY PAYMENT INCLUDING TAXES/INSURANCE ONLY AROUND $900/MONTH!!***
- Current Occupancy: Owner Occupied
- Occupancy at Close: Vacant at Close
- Close of Escrow: 07/07/25
- Best Offer Due By: 06/10/25 03:00 PM
- Non-Refundable Earnest Money Deposit: $ 5,000

MARKET ACTIVITY
SUBJECT PROPERTY : 3 Beds / 1 Bath / 1 Car Garage / 1,371 Fin Sqft

COMPARABLES / RECENT ACTIVITY
SOLD $226,000 - 131 N Bosart Ave / 3 Bed / 1.5 Bath / No Garage / 1,568 Fin Sqft
SOLD $215,000 - 413 N Grant Ave / 3 Bed / 1.5 Bath / 1 Car Garage / 1,604 Fin Sqft
SOLD $200,000 - 36 Bankers Ln / 3 Bed / 1.5 Bath / 2 Car Garage / 1,386 Fin Sqft
SOLD $200,000 - 4008 E Michigan St / 3 Bed / 2 Bath / 1 Car Garage / 1,178 Fin Sqft
SOLD $195,000 - 110 Euclid Ave / 3 Bed / 1 Bath / 2 Car Garage / 1,424 Fin Sqft
SOLD $175,000 - 323 N Drexel Ave / 3 Bed / 1 Bath / 1 Car Garage / 1,108 Fin Sqft

Location:

102 N Linwood Ave, Indianapolis, IN 46201

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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.