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Archived over 1 year ago

$84,990

4 bd 2 ba 1748 sqft

364 S Cole St, Indianapolis, IN 46241

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$2,042

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

🔥🔥PRICE DROP! Wayne Twnshp Fixer 4/2 Corner Lot, Indianapolis

LINK TO ALL INFO AND PHOTOS: https://www.investbelowmarket.com/property/364-S-Cole-St

364 S Cole St, Indianapolis, IN 46241
WALKTHROUGH WEDNESDAY, 04/30/25
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

ASKING PRICE
$ 84,990

AFTER REPAIR VALUE
$ 245,000
Corner Lot with Large Floorplan 1,748 Sqft

RENTAL ESTIMATE
$ 2,042
Rent-o-meter Estimate

PROPERTY DETAILS
- $10k PRICE DROP!
- 4 Beds
- 2 Baths
- 1748 Sqft
- Corner Lot
- Nice Layout
- Spacious House Tons of Potential!

MARKET ACTIVITY *Do not add link to comps
SUBJECT PROPERTY : 4 Beds / 2 Baths / 1,748 Fin Sqft

COMPARABLES / RECENT ACTIVITY
1. SOLD $295,000 - 5042 W Morris St / 4 Bed / 2 Bath / 1,700 Fin Sqft / 3 Car Gar
2. SOLD $235,500 - 5410 Bertha St / 4 Bed / 2 Bath / 1,656 Fin Sqft / 2 Car Gar
3. SOLD $223,000 - 4948 W Morris St / 4 Bed / 1 Bath / 1,413 Fin Sqft / 2 Car Gar
- Less sqft and 1 less bathroom
4. SOLD $222,000 - 1224 S Biltmore Ave / 3 Bed / 3 Bath / 1,472 Fin Sqft / 2 Car Gar
- Less sqft, 1 less bedroom
5. SOLD $219,900 - 327 S Lyons Ave / 3 Bed / 1 Bath / 1,484 Fin Sqft / 1 Car Gar
- Less sqft, 1 less bedroom, 1 less bathroom, 1 less garage space

Location:

364 S Cole St, Indianapolis, IN 46241

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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.