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Archived 2 months ago

$194,990

3 bd 1 ba 2248 sqft

1303 Eustis Dr, Indianapolis, IN 46229

Residential SFR

Current Rent **

$1,476

Projected Rent **

$1,476

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Warren 1950s Cosmetic Brick Ranch Indianapolis

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/1303-Eustis-Dr

1303 Eustis Dr, Indianapolis, IN 46229
WALKTHROUGH FRIDAY, 05/15/26
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 194,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 270,000
Perfect opportunity to finish basement for 1-2 additional bedrooms and a bath to maximize the ARV!!

RENTAL ESTIMATE
$ 1,476 (Not Currently Rented)
Rent-O-Meter Average

PROPERTY DETAILS
- SFH
- Cosmetic fixer opportunity! Basement value add!
- Beds: 3 (4-5 beds after finished basement)
- Baths: 1 (2 after finished basement)
- Sqft: 1,648 (2200+ after finish basement)
- Garage: 2-car attached
- Built: 1956
- Lot size: 20,386
- Levels: 1-story
- Additional Space: Basement and attic
- Basement: Slab
- Roof: 10 years old
- HVAC: 10 years old
- Water Heater: 2 years old
- Current Occupancy: Owner Occupied
- Occupancy at Close: Vacant at Close
- Close of Escrow: 06/14/26
- Best Offer Due By: 05/18/26 12:00 PM
- Non-Refundable Earnest Money Deposit: $5,000

MARKET ACTIVITY
SUBJECT PROPERTY: 1303 Eustis Dr 3 Beds (4 beds after finished basement) / 1 Bath (2 Bath after finished basement)/ 1,648 Fin Sqft (2,248 after finished basement) / 2 Attached Garage / Built 1956

COMPARABLES / RECENT ACTIVITY

SOLD $274,000 – 1248 Hathaway Dr / 4 Beds / 2 Bath / 2,006 Fin Sqft / 2 Attached Garage / Built 1956
SOLD $273,000 – 9809 E 16th St / 3 Beds / 2 Bath / 1,737 Fin Sqft / 2 Detached Garage / Built 1962
SOLD $267,000 – 1944 Galeston Ct / 4 Beds / 2 Bath / 1,986 Fin Sqft / 2 Attached Garage / Built 1961
SOLD $270,000 – 1903 Schwier Ct / 3 Beds / 2 Bath / 1,933 Fin Sqft / 2 Attached Garage / Built 1961
SOLD $250,000 – 1340 Eustis Dr / 3 Beds / 2 Bath / 1,680 Fin Sqft / 2 Attached Garage / Built 1959

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

Location:

1303 Eustis 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.