638 W 30th St · Indianapolis city (balance), IN 46208

$139,900

4 bd · 1.0 ba · 1,344 sqft · SingleFamily public records · 459 Days on market

Built 1920 8,059 sqft lot $104/sqft · 20% above area Est $175k · 20% under

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Why this score? — see what drove the C 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).

• Cash flow +18.1/30.0
• ARV discount +15.0/15.0
• 1% rule +6.4/10.0
• DSCR +5.7/10.0
• Rent growth +4.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

Key facts

• Renovated home
• Ample cabinetry
• New hot water heater

Tags

• RENOVATED HOME
• CLOSE TO DOWNTOWN
• QUICK ACCESS TO HIGHWAYS
• BRAND-NEW APPLIANCES
• AMPLE CABINETRY
• NEW HOT WATER HEATER

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $122 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 4.4% in Indianapolis city (balance) — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Indianapolis Public Schools (urban): math 14% / reading 20% proficiency, ranked #286 of 301 in IN (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.4%/yr); 279 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,906 units permitted in Marion County in 2024 (621 in 5+ unit buildings).
• This rent runs 32% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Marion County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 459 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 25y ago; this cycle's ask has dropped $25k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $63k; list at $140k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price; built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 459 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 1.14% ✓
• Cap rate: 7.34%
• Cash-on-cash: 3.74%
• DSCR: 1.17
• GRM: 7.3

CMA / ARV

• ARV (median comp): $174,533
• List price: $139,900
• Delta: -19.84%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
713 W 32nd St	0.18mi	3/2.0 (-1)	1,417 (+5%)	1mo	$147,000	$104	72
851 W 25th St	0.56mi	3/1.5 (-1)	1,334 (-1%)	4mo	$90,000	$67	62
451 W 26th St	0.50mi	3/2.0 (-1)	1,320 (-2%)	4mo	$85,000	$64	61
3151 Graceland Ave	0.53mi	3/1.0 (-1)	1,200 (-11%)	1mo	$169,900	$142	52
811 W 25th St	0.55mi	3/2.0 (-1)	1,292 (-4%)	9mo	$56,000	$43	52
3042 Graceland Ave	0.48mi	3/2.0 (-1)	1,200 (-11%)	3mo	$163,700	$136	48
2709 Shriver Ave	0.48mi	3/2.0 (-1)	1,212 (-10%)	6mo	$123,016	$101	47
330 Congress Ave	0.39mi	3/2.0 (-1)	1,156 (-14%)	3mo	$210,000	$182	47
260 W 33rd St	0.56mi	3/1.5 (-1)	1,200 (-11%)	10mo	$115,000	$96	41
1229 W 33rd St	0.69mi	3/1.0 (-1)	1,485 (+10%)	6mo	$147,000	$99	40
953 W 25th St	0.61mi	3/2.0 (-1)	1,180 (-12%)	4mo	$160,000	$136	39
3224 N Capitol Ave	0.60mi	3/2.5 (-1)	1,542 (+15%)	3mo	$249,900	$162	34

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

Projected returns pro-forma

-3.0% appreciation · 6.43% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.77×
• Total profit: $-9,042
• Equity at exit: $20,860

10-year hold

• IRR: 7.9%
• Equity multiple: 1.71×
• Total profit: $27,847
• Equity at exit: $12,096

Cash invested: $39,172 (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 46208

• Rents YoY: 6.4%
• Active inventory: 279
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,601 high
• Mortgage (P&I): −$734
• Tax from tax record: −$351 /mo · $4,206/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $122

Break-even live

Break-even rent $1,446

Max offer price $139,900

Occupancy floor 87%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
648 W 30th St Indianapolis, IN	3.0	2.0	1300	$1,500	$1.15	23d	1	0.02mi
826 W 29th St Indianapolis, IN	3.0	2.0	1200	$1,595	$1.33	43d	1	0.15mi
824 W 29th St Indianapolis, IN	3.0	2.0	1200	$1,595	$1.33	43d	1	0.17mi
538 W 29th St Indianapolis, IN	3.0	1.0	1132	$1,349	$1.19	23d	1	0.17mi
3017 Ethel Ave Indianapolis, IN	3.0	1.5	1079	$1,400	$1.30	23d	1	0.18mi
560 Udell St Indianapolis, IN	3.0	1.5	1176	$1,190	$1.01	23d	1	0.19mi
926 W 32nd St Indianapolis, IN	3.0	2.0	1050	$1,295	$1.23	7d	1	0.33mi
3217 Rader St Indianapolis, IN	3.0	1.0	1200	$1,299	$1.08	43d	1	0.41mi
3031 Boulevard Pl Indianapolis, IN	3.0	1.5	1395	$1,450	$1.04	17d	1	0.45mi
445 W 25th St Indianapolis, IN	4.0	2.0	1500	$1,900	$1.27	43d	1	0.56mi
1227 W 29th St Indianapolis, IN	3.0	1.5	1056	$1,250	$1.18	23d	1	0.63mi
3413 N Capitol Ave Indianapolis, IN	3.0	1.0	1176	$1,249	$1.06	10d	1	0.78mi
3415 N Capitol Ave Indianapolis, IN	3.0	1.0	1176	$1,249	$1.06	23d	1	0.78mi
2235 Doctor Martin Luther King Junior St Indianapolis, IN	3.0	1.5	948	$1,700	$1.79	43d	1	0.81mi
3103 N Meridian St Indianapolis, IN	3.0	2.0	1280	$1,775	$1.39	23d	1	0.86mi
143 W 35th St Indianapolis, IN	3.0	1.0	1235	$1,175	$0.95	7d	1	0.86mi
3502 N Kenwood Ave Indianapolis, IN	3.0	2.0	1094	$1,220	$1.12	43d	1	0.89mi
2318 N Capitol Ave Indianapolis, IN	3.0	1.0	1440	$1,050	$0.73	43d	1	0.91mi
3457 N Illinois St Indianapolis, IN	3.0	2.0	1230	$1,145	$0.93	23d	1	0.93mi
2901 N Talbott St Indianapolis, IN	3.0	1.5	1388	$1,400	$1.01	43d	1	0.96mi
3622 N Capitol Ave Indianapolis, IN	3.0	1.0	1300	$1,300	$1.00	7d	1	0.98mi
1343 Edgemont Ave Indianapolis, IN	4.0	2.0	1545	$2,095	$1.36	43d	1	0.98mi
2801 N Talbott St Unit A Indianapolis, IN	3.0	2.0	1296	$1,850	$1.43	43d	1	0.98mi
2813 N Talbott St Indianapolis, IN	3.0	2.0	1297	$1,800	$1.39	43d	1	0.98mi
2809 N Talbott St Indianapolis, IN	3.0	2.0	1250	$1,750	$1.40	43d	1	0.98mi
2805 N Talbott St Indianapolis, IN	3.0	2.0	1296	$1,800	$1.39	43d	1	0.99mi
3004 N Delaware St Indianapolis, IN	3.0	1.5	1600	$1,599	$1.00	7d	1	0.99mi
118 W 23rd St Indianapolis, IN	3.0	1.5	1456	$1,300	$0.89	10d	1	0.99mi
2955 N Delaware St Indianapolis, IN	3.0	1.5	1400	$1,600	$1.14	43d	1	1.01mi
2925 N Delaware St Indianapolis, IN	3.0	1.5	1322	$1,275	$0.96	23d	1	1.01mi
3621 N Kenwood Ave Indianapolis, IN	3.0	1.5	1521	$1,599	$1.05	3d	1	1.03mi
2224 N Kenwood Ave Indianapolis, IN	3.0	3.0	1735	$1,950	$1.12	7d	1	1.04mi
2437 N Pennsylvania St Indianapolis, IN	3.0	2.0	1400	$1,650	$1.18	23d	1	1.04mi
3655 N Kenwood Ave Indianapolis, IN	4.0	2.0	1700	$1,700	$1.00	23d	1	1.08mi
321 E 31st St Indianapolis, IN	3.0	1.0	1390	$1,400	$1.01	43d	1	1.11mi
1367 W Pruitt St Indianapolis, IN	3.0	1.0	1088	$1,450	$1.33	43d	1	1.12mi
3640 N Meridian St Unit 01 Indianapolis, IN	3.0	1.0	1000	$999	$1.00	43d	1	1.15mi
1133 W 21st St Indianapolis, IN	3.0	2.0	1296	$1,495	$1.15	23d	1	1.15mi
1135 W 21st St Indianapolis, IN	3.0	2.0	1296	$1,495	$1.15	23d	1	1.15mi
1415 W Pruitt St Indianapolis, IN	3.0	1.0	1001	$1,249	$1.25	23d	1	1.19mi

Listing history 50 events

1. 2026-06-18
   days on market $139,900 Active 459 DOM
2. 2026-06-17
   days on market $139,900 Active 458 DOM
3. 2026-06-16
   days on market $139,900 Active 457 DOM
4. 2026-06-15
   days on market $139,900 Active 456 DOM
5. 2026-06-13
   days on market $139,900 Active 454 DOM
6. 2026-06-13
   days on market $139,900 Active 453 DOM
7. 2026-06-09
   days on market $139,900 Active 450 DOM
8. 2026-06-08
   days on market $139,900 Active 449 DOM
9. 2026-06-07
   days on market $139,900 Active 448 DOM
10. 2026-06-03
    days on market $139,900 Active 444 DOM
11. 2026-06-02
    days on market $139,900 Active 443 DOM
12. 2026-06-01
    days on market $139,900 Active 442 DOM
13. 2026-05-31
    days on market $139,900 Active 441 DOM
14. 2026-04-06
    price $139,900 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

15. 2026-03-23
    price $140,000 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

16. 2026-01-08
    status Active 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

17. 2025-11-06
    price $143,900 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

18. 2025-10-29
    price $149,900 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

19. 2025-09-15
    price $155,000 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

20. 2025-08-31
    price $157,900 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

21. 2025-08-18
    price $160,000 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

22. 2025-08-14
    status Active 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

23. 2025-07-31
    historical 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

24. 2025-02-21
    listed $165,000 Active 1050-char remark

    Show marketing remark (1050 chars)

    Welcome to this beautifully renovated home, perfectly positioned in the heart of Indianapolis-just less than a mile from the Children's Museum, close to downtown Indy, and offers quick, convenient access to major highways! From the moment you step inside, you'll appreciate the meticulous attention to detail: fresh paint, stylish flooring, and a bright, open concept that effortlessly connects the living, dining, and kitchen areas. The kitchen itself boasts brand-new appliances and ample cabinetry, perfect for both daily cooking and hosting gatherings. In addition to its modern aesthetic, you'll rest easy knowing the home is equipped with a new hot water heater, ensuring reliable comfort and efficiency. Each bedroom provides a cozy retreat, while updated bathrooms offer a sleek, contemporary feel. Outside, the yard offers a large space to make your own to relax or entertain. With close proximity to the city's top attractions-particularly the famed Children's Museum-this home places you in the center of vibrant Indianapolis living.

25. 2024-09-03
    historical
26. 2024-07-18
    status Active
27. 2024-07-03
    status Pending
28. 2024-04-22
    status Active
29. 2024-04-22
    price $155,000
30. 2024-04-12
    historical $1,600
31. 2024-03-20
    listed $1,600
32. 2024-03-19
    historical
33. 2024-02-22
    price $165,000
34. 2023-11-20
    price $169,900
35. 2023-11-08
    price $174,900
36. 2023-10-30
    listed $180,000 Active
37. 2023-07-23
    historical
38. 2023-05-23
    price $144,500
39. 2023-05-08
    price $144,900
40. 2023-04-20
    listed $150,000 Active
41. 2022-08-07
    price $950
42. 2021-12-23
    soldstatus $63,000 Closed
43. 2021-12-05
    status Pending
44. 2021-11-17
    listed $70,000 Active
45. 2020-10-15
    historical
46. 2020-10-14
    status Active
47. 2020-10-10
    historical
48. 2020-10-10
    status Active
49. 2020-09-30
    historical
50. 2019-05-01
    listed $35,000 Active

ⓘ 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: $4,206 · $351/mo
• Projected year-2 tax: $4,206 · $351/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥101°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,210
• − Mortgage interest: −$7,837
• − Property taxes: −$4,206
• − Insurance: −$700
• − Repairs & maintenance: −$1,537
• − Management: −$1,537
• − Depreciation: −$4,070
• Taxable loss: −$676
• Est. tax savings @ 24.0%: +$162
• After-tax cash flow: $1,628/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: Indianapolis Public Schools
• NCES district ID: 1804770
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 20% ▼ -3.00%
• Median HH income: $32,034
• Composite: 13.69/100
• National rank: #9499
• State rank: #286 of 301 in IN

Livability — Indianapolis city (balance)

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Indianapolis city (balance), IN
• County: Marion County · 998,460 people
• City population: 881,119
• Metro: Indianapolis-Carmel-Anderson, IN
• Population (ZIP): 22,379
• Household income: $60,062
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 978.0

Population outlook (Marion County) Hauer SSP2

• Today (2025): 1,025,572 people
• By 2030: 1,065,727 · +3.9%
• By 2040: 1,141,577 · +11.3%
• By 2050: 1,208,920 · +17.9%
• By 2075: 1,367,288 · +33.3%
• By 2100: 1,438,201 · +40.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 46% Black 40% Hispanic / Latino 8% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 2% Slovak 2% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 5% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Marion

• 2024 margin: Strong D (+27.7) · D 63.0% · R 35.3% · Other 1.7%
• 2008→2024 swing: -0.7pp no change · 2008: 28.4pp · 2024: 27.7pp
• All cycles: 2024: D+27.7 2020: D+29.1 2016: D+22.8 2012: D+22.2 2008: D+28.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -324.63%
• Current HPI: 319.7725
• Rent YoY: ▲ 6.43%
• Metro: Indianapolis-Carmel-Anderson, IN
• 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

+461.8% since first listed

42 events — show timeline

• 2026-04-06 Price Changed $139,900 MIBOR as Distributed by MLS Grid
• 2026-03-23 Price Changed $140,000 MIBOR as Distributed by MLS Grid
• 2026-01-08 Relisted — MIBOR as Distributed by MLS Grid
• 2025-11-06 Price Changed $143,900 MIBOR as Distributed by MLS Grid
• 2025-10-29 Price Changed $149,900 MIBOR as Distributed by MLS Grid
• 2025-09-15 Price Changed $155,000 MIBOR as Distributed by MLS Grid
• 2025-08-31 Price Changed $157,900 MIBOR as Distributed by MLS Grid
• 2025-08-18 Price Changed $160,000 MIBOR as Distributed by MLS Grid
• 2025-08-14 Relisted — MIBOR as Distributed by MLS Grid
• 2025-07-31 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-02-21 Listed $165,000 MIBOR as Distributed by MLS Grid
• 2024-09-03 Listing Removed — MIBOR as Distributed by MLS Grid
• 2024-07-18 Relisted — MIBOR as Distributed by MLS Grid
• 2024-07-03 Pending — MIBOR as Distributed by MLS Grid
• 2024-04-22 Relisted — MIBOR as Distributed by MLS Grid
• 2024-04-22 Price Changed $155,000 MIBOR as Distributed by MLS Grid
• 2024-04-12 Rental Removed $1,600 MIBOR
• 2024-03-20 Listed for Rent $1,600 MIBOR
• 2024-03-19 Listing Removed — MIBOR as Distributed by MLS Grid
• 2024-02-22 Price Changed $165,000 MIBOR as Distributed by MLS Grid
• 2023-11-20 Price Changed $169,900 MIBOR as Distributed by MLS Grid
• 2023-11-08 Price Changed $174,900 MIBOR as Distributed by MLS Grid
• 2023-10-30 Listed $180,000 MIBOR as Distributed by MLS Grid
• 2023-07-23 Listing Removed — MIBOR as Distributed by MLS Grid
• 2023-05-23 Price Changed $144,500 MIBOR as Distributed by MLS Grid
• 2023-05-08 Price Changed $144,900 MIBOR as Distributed by MLS Grid
• 2023-04-20 Listed $150,000 MIBOR as Distributed by MLS Grid
• 2022-08-07 Price Changed $950 RENT.
• 2021-12-23 Sold (MLS) $63,000 MIBOR as Distributed by MLS Grid
• 2021-12-05 Pending — MIBOR as Distributed by MLS Grid
• 2021-11-17 Listed $70,000 MIBOR as Distributed by MLS Grid
• 2020-10-15 Listing Removed — MIBOR as Distributed by MLS Grid
• 2020-10-14 Relisted — MIBOR as Distributed by MLS Grid
• 2020-10-10 Listing Removed — MIBOR as Distributed by MLS Grid
• 2020-10-10 Relisted — MIBOR as Distributed by MLS Grid
• 2020-09-30 Listing Removed — MIBOR as Distributed by MLS Grid
• 2019-05-01 Listed $35,000 MIBOR as Distributed by MLS Grid
• 2016-10-28 Sold (MLS) $15,000 MIBOR as Distributed by MLS Grid
• 2016-09-15 Pending — MIBOR as Distributed by MLS Grid
• 2009-02-19 Listed $24,900 MIBOR as Distributed by MLS Grid
• 2001-12-04 Listing Removed — MIBOR as Distributed by MLS Grid
• 2001-06-14 Listed $24,900 MIBOR as Distributed by MLS Grid

Property tax history

+14.3%/yr

Latest (2025): $4,206 · +14.7% YoY. Source: county tax records.