14009 W Daleville Rd · Daleville, IN 47334

$150,000

1 bd · 1.0 ba · 788 sqft · SingleFamily public records · 11 Days on market

Built 1948 0.27 ac lot Est $115k · 30% over ↓ 12% since listing

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• Cash flow +6.9/30.0
• Schools +3.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.1/10.0
• 1% rule +0.5/10.0
• ARV discount +0.0/15.0

Listing remarks

Looking for an affordable, move-in ready home with space to grow? This well-maintained Bungalow property offers a rare combination of value, updates, storage, and flexibility that is hard to find at this price point. Owned and lovingly maintained by the same owner for over 20 years, this 1-bed, 1.5-bath home offers comfortable living today with a full unfinished basement that provides abundant storage, workshop space, or future bedroom possibilities. The detached 2-car garage and additional RV parking area offer room for vehicles, hobbies, recreational equipment, or weekend adventures. The home has seen numerous major updates over the years, including exterior improvements completed in 2014

Key facts

• Expanded kitchen
• Rv parking area
• Boiler heat system

Tags

• FULL UNFINISHED BASEMENT
• DETACHED 2 CAR GARAGE
• RV PARKING AREA
• EXPANDED KITCHEN
• BRIGHT BREAKFAST ROOM
• BOILER HEAT SYSTEM

Property features AI

Finance

• Other: Property sits on approximately 0.27 acre (1/4–1/2 acre)

Exterior

• Parking: Detached 2-car garage with service door
• Utilities: Public water; Municipal sewer connected; Electricity connected; Natural gas connected; Sewer connected; Water connected
• Home design: Single family residence; One level; North-facing
• Construction: Vinyl siding; Block foundation
• Exterior features: Covered patio/porch; Mini barn; Fire pit; Mature trees; Sidewalks; Street lights; Not in a subdivision

Interior

• Kitchen: Electric oven; Microwave with hood; Dishwasher; Refrigerator; Pantry; Eat-in kitchen
• Bedrooms: 1 bedroom (main level)
• Bathrooms: 1 full bathroom; 1 half bathroom; Primary bath suite with full tub and shower and whirlpool tub
• Heating & cooling: Hot water heat; Central air conditioning
• Interior features: Attic access; Eat-in kitchen; Pantry; Stained/painted woodwork
• Laundry & utility: Washer; Dryer; Laundry room in basement with sink; Gas water heater; Water heater; Owned water softener; Sump pump (dual)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-227 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $110k (26.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $83k (44.5% below list).
• Recommended offer: $83k (44.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#356 in IN) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Daleville Community Schools (suburban): math 40% / reading 36% proficiency, ranked #158 of 301 in IN (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Daleville Elementary School (math 46% / reading 33%, grade F, #500 of 994 statewide, top 53%, 567 students, 63% FRL); Daleville Jr-Sr High School (math 31% / reading 40%, grade F, #263 of 369 statewide, top 72%, 451 students, 47% FRL) — zoned schools average 55% FRL vs 29% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 18 active listings in the ZIP; 171 units permitted in Delaware County in 2024 (57 in 5+ unit buildings).

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
• Delaware County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 3, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $83,212 (44.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.55% ✗
• Cap rate: 4.48%
• Cash-on-cash: -6.49%
• DSCR: 0.71
• GRM: 15.0

CMA / ARV

• ARV (on-the-fly): $115,048
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14319 W Daleville Rd	0.27mi	2/1.0 (+1)	720 (-9%)	7mo	$105,000	$146	63

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.7%
• Equity multiple: 2.60×
• Total profit: $67,150
• Equity at exit: $135,132

10-year hold

• IRR: 18.0%
• Equity multiple: 5.98×
• Total profit: $208,958
• Equity at exit: $291,417

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 47334

• Home prices YoY: 6.5%
• Active inventory: 18
• Price-to-rent: 15.0×

Monthly cashflow live

• Estimated rent: $832 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$35 /mo · $424/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$175
• Net cashflow: $-227

Break-even live

Break-even rent $1,120

Max offer price $109,885

Occupancy floor —

Sensitivity live

Price	-10% $-142	-5% $-185	+0% $-227	+5% $-270	+10% $-312
Rent	-10% $-293	-5% $-260	+0% $-227	+5% $-194	+10% $-161
Rate	-1.0pp $-152	-0.5pp $-189	base $-227	+0.5pp $-266	+1.0pp $-305

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-22
   days on market $150,000 Active 11 DOM
2. 2026-06-19
   days on market $150,000 Active 9 DOM
3. 2026-06-18
   days on market $150,000 Active 8 DOM
4. 2026-06-17
   days on market $150,000 Active 7 DOM
5. 2026-06-16
   days on market $150,000 Active 6 DOM
6. 2026-06-15
   days on market $150,000 Active 5 DOM
7. 2026-06-14
   days on market $150,000 Active 3 DOM
8. 2026-06-13
   remarks 699-char remark
9. 2026-06-13
   listed $150,000 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $424 · $35/mo
• Projected year-2 tax: $850 · $71/mo
• Expected delta: +$425/yr (+$35/mo · 100.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,985
• − Mortgage interest: −$8,402
• − Property taxes: −$424
• − Insurance: −$750
• − Repairs & maintenance: −$799
• − Management: −$799
• − Depreciation: −$4,364
• Taxable loss: −$5,552
• Est. tax savings @ 24.0%: +$1,333
• After-tax cash flow: $-1,392/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Daleville Community Schools
• NCES district ID: 1809840
• Math proficiency: 40% ▼ -3.00%
• Reading proficiency: 36% ▼ -12.00%
• Median HH income: $51,865
• Composite: 33.04/100
• National rank: #5572
• State rank: #158 of 301 in IN

Livability — Daleville

• Score: 65/100
• State rank: #356
• US rank: #13500

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment F Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Daleville, IN
• Population (ZIP): 3,202

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 113,036 people
• By 2030: 111,313 · -1.5%
• By 2040: 106,432 · -5.8%
• By 2050: 100,747 · -10.9%
• By 2075: 91,000 · -19.5%
• By 2100: 80,687 · -28.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Iranian 6% Italian 4% Serbian 3%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Delaware

• 2024 margin: R (+15.8) · D 41.2% · R 57.0% · Other 1.8%
• 2008→2024 swing: -30.8pp toward R · 2008: 15.0pp · 2024: -15.8pp
• All cycles: 2024: R+15.8 2020: R+13.2 2016: R+13.7 2012: D+3.1 2008: D+15.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.51%
• Current HPI: 239.37
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

-11.7% since first listed

7 events — show timeline

• 2026-06-09 Listed $150,000 MIBOR as Distributed by MLS Grid
• 2026-03-02 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-12-12 Relisted — MIBOR as Distributed by MLS Grid
• 2025-12-12 Relisted — IRMLS
• 2025-11-24 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-07-24 Listed $169,900 IRMLS
• 2025-07-24 Listed $169,900 MIBOR as Distributed by MLS Grid

Property tax history

+4.8%/yr

Latest (2024): $424 · +2.2% YoY. Source: county tax records.