🏷️ Likely Rental
2941 Schofield Ave · Indianapolis city (balance), IN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $717 – $1,331
Heat risk 4/10 · Minor
- Hot days now (above 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- 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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Rent growth +2.7/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.4/10.0
- Appreciation +0.0/10.0
$159,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed
Listing remarks MLS
2 side by side duplexes in single family home neighborhood. All units are 2 bedroom 1 bath and buildings have just received new exterior paint. The left unit is currently rented with 1 tenant paying $475 and is on month to month lease the other unit is paying $550 and is on a lease until the end of 2020. The right unit is vacant so a new owner can ask for higher rents. ALL utilities are separate and paid for by tenants.
Key facts
- Strong cash flow
- Value add potential
- 4 unit package
Tags
Property features AI
Finance
- Financial info: Gross income approximately $36,080; Expenses approximately $13,434; Insurance expense approximately $1,755; Two rental units with monthly rents of about $850 and $865
Exterior
- Utilities: Solid waste service available
- Home design: Duplex residential income property; One story
- Exterior features: Access road
Interior
- Kitchen: Kitchen present in each unit
- Bedrooms: Two 2-bedroom units (each unit is 1 level)
- Interior features: Residential use; One level
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4 × 4-bed/2.0-bath units multifamily listed at $160k.
Deal economics
- At list price, monthly cash flow is $3k ($40k/yr) — positive. Per door: $839/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($6k rent vs $160k).
- Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
- Cap rate 31.5% 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 B — 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.
- Zoned schools: Center For Inquiry School 27 (math 25% / reading 29%, grade F, #737 of 994 statewide, top 76%, 525 students, 51% FRL); H L Harshman Middle School (math 3% / reading 16%, grade F, #316 of 330 statewide, top 96%, 549 students, 84% FRL); Arsenal Technical High School (math 6% / reading 27%, grade F, #353 of 369 statewide, top 96%, 2,366 students, 74% FRL).
- Market conditions: Rents flat; 338 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,906 units permitted in Marion County in 2024 (621 in 5+ unit buildings).
- At $5,565/mo this rent would consume 175% of the median local household income ($38k/yr) (locally 2340% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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.
- At projected returns (-3.0% appreciation + 0.8% rent growth), your $45k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 47 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 21y ago 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 1945 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 3.48% ✓
- Cap rate
- 31.48%
- Cash-on-cash
- 89.94%
- DSCR
- 5.00
- GRM
- 2.4
CMA / ARV
- ARV (median comp)
- $356,269
- List price
- $159,900
- Delta
- -55.12%
- Verdict
- UNDERPRICED
- Comps
- 2 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.81% rent growth · sell at horizon
- IRR
- 88.1%
- Equity multiple
- 4.93×
- Total profit
- $175,855
- Equity at exit
- $23,842
- IRR
- 90.7%
- Equity multiple
- 9.52×
- Total profit
- $381,385
- Equity at exit
- $13,825
Cash invested: $44,772 (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
ZIP-level market 46218
- Home prices YoY
- -17.1%
- Rents YoY
- 0.8%
- Active inventory
- 338
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $5,565 high interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax from tax record
- −$136 /mo · $1,627/yr
- Insurance
- −$67
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,169
- Net cashflow
- $3,356
Break-even live
Sensitivity live
| Price | -10% $3,446 | -5% $3,401 | +0% $3,356 | +5% $3,310 | +10% $3,265 |
|---|---|---|---|---|---|
| Rent | -10% $2,916 | -5% $3,136 | +0% $3,356 | +5% $3,575 | +10% $3,795 |
| Rate | -1.0pp $3,436 | -0.5pp $3,396 | base $3,356 | +0.5pp $3,314 | +1.0pp $3,272 |
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 4× units | 4 | 2 | $5,564 |
| #1 | 4 | 2 | $1,391 |
| #2 | 4 | 2 | $1,391 |
| #3 | 4 | 2 | $1,391 |
| #4 | 4 | 2 | $1,391 |
| Total (4 units) | $5,565 | ||
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
- $39,975
- Closing costs
- $4,797
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2846 Doctor Andrew J Brown Ave Indianapolis, IN | 1.0 | 1.0 | 420 | $700 | $1.67 | 45d | 1 | 0.33mi |
| 3132 Dr Andrew J Brown Ave Indianapolis, IN | 2.0 | 1.0–2.0 | 791 | $2,120 | $2.68 | 3d | 46 | 0.40mi |
| 2519 Baltimore Ave Unit B Indianapolis, IN | 2.0 | 1.0 | 482 | $775 | $1.61 | 25d | 1 | 0.47mi |
| 3363 Nicholas Ave Indianapolis, IN | 2.0 | 1.0 | 720 | $1,000 | $1.39 | 5d | 1 | 0.57mi |
| 2372 Beckwith Dr Indianapolis, IN | 1.0–3.0 | 1.0–1.5 | 676 | $1,064 | $1.57 | 0d | 5 | 0.63mi |
| 2530 N Temple Ave Indianapolis, IN | 1.0 | 1.0 | 720 | $750 | $1.04 | 21d | 1 | 0.69mi |
| 2821 Oxford Ln Indianapolis, IN | 1.0 | 1.0 | 640 | $825 | $1.29 | 45d | 1 | 0.84mi |
| 3528 E Fall Creek Parkway North Dr Indianapolis, IN | 1.0 | 1.0 | 518 | $771 | $1.49 | 0d | 1 | 0.88mi |
| 3534 E Fall Creek Parkway North Dr Indianapolis, IN | 1.0 | 1.0 | 490 | $771 | $1.57 | 0d | 2 | 0.88mi |
| 3519 Balsam Ave Unit 7 Indianapolis, IN | 1.0 | 1.0 | 450 | $850 | $1.89 | 25d | 1 | 0.89mi |
| 3519 Balsam Ave Unit 6 Indianapolis, IN | 1.0 | 1.0 | 450 | $775 | $1.72 | 45d | 1 | 0.89mi |
| 2930 N Dearborn St Indianapolis, IN | 1.0 | 1.0 | 536 | $599 | $1.12 | 25d | 1 | 0.94mi |
| 3709 Kinnear Ave Indianapolis, IN | 2.0 | 1.0 | 650 | $1,000 | $1.54 | 45d | 1 | 0.95mi |
| 3011 Oxford Ln Indianapolis, IN | 1.0 | 1.0 | 640 | $800 | $1.25 | 45d | 1 | 0.95mi |
| 3609 Balsam Ave Indianapolis, IN | 1.0 | 1.0 | 541 | $775 | $1.43 | 4d | 1 | 0.95mi |
| 3609 Balsam Ave Indianapolis, IN | 1.0 | 1.0 | 541 | $755 | $1.40 | 16d | 1 | 0.95mi |
| 3723 Orchard Ave Unit 3723 Indianapolis, IN | 1.0 | 1.5 | 700 | $1,300 | $1.86 | 25d | 1 | 0.96mi |
| 3610 Balsam Ave Indianapolis, IN | 1.0 | 1.0 | 464 | $775 | $1.67 | 4d | 9 | 0.96mi |
| 1040 Fairfield Ave Unit 104011 Indianapolis, IN | 1.0 | 1.0 | 519 | $799 | $1.54 | 25d | 1 | 0.97mi |
| 2449 Wheeler St Indianapolis, IN | 1.0 | 1.0 | 600 | $950 | $1.58 | 25d | 1 | 1.02mi |
| 3719 Hillside Ave Indianapolis, IN | 1.0 | 1.0 | 644 | $725 | $1.13 | 25d | 1 | 1.03mi |
| 3763 Baltimore Ave Unit 3765 Indianapolis, IN | 1.0 | 1.0 | 750 | $750 | $1.00 | 45d | 1 | 1.05mi |
| 2422 Adams St Unit 2 Indianapolis, IN | 1.0 | 1.0 | 700 | $850 | $1.21 | 45d | 1 | 1.20mi |
| 2722 N Olney St Indianapolis, IN | 2.0 | 1.0 | 650 | $795 | $1.22 | 45d | 1 | 1.23mi |
| 2029 N College Ave Unit G Indianapolis, IN | 1.0 | 1.0 | 750 | $999 | $1.33 | 45d | 1 | 1.30mi |
| 636 E 37th St Unit 5 Indianapolis, IN | 2.0 | 1.0 | 700 | $695 | $0.99 | 25d | 1 | 1.32mi |
| 633 E 38th St #4 Indianapolis, IN | 3.0 | 1.0 | 650 | $1,050 | $1.62 | 45d | 1 | 1.33mi |
| 3603 Washington Blvd Indianapolis, IN | 1.0 | 1.0 | 519 | $775 | $1.49 | 5d | 1 | 1.37mi |
| 3421 N Olney St Indianapolis, IN | 2.0 | 1.0 | 720 | $1,195 | $1.66 | 17d | 1 | 1.38mi |
| 2625 N Meridian St Indianapolis, IN | 1.0–2.0 | 1.0–2.0 | 850 | $2,150 | $2.53 | 9d | 8 | 1.40mi |
| 2136 Central Ave Indianapolis, IN | 3.0 | 1.0–2.0 | 1325 | $2,766 | $2.09 | 0d | 32 | 1.40mi |
| 2334 N Delaware St Unit B Indianapolis, IN | 1.0 | 1.0 | 740 | $1,400 | $1.89 | 45d | 1 | 1.42mi |
| 1644 Doctor Andrew J Brown Ave Unit A&B Indianapolis, IN | 1.0 | 1.0 | 550 | $1,300 | $2.36 | 45d | 1 | 1.42mi |
| 1931 N Oxford St Indianapolis, IN | 1.0 | 1.0 | 616 | $875 | $1.42 | 5d | 1 | 1.43mi |
| 1 W 28th St Indianapolis, IN | 1.0 | 1.0 | 656 | $970 | $1.48 | 4d | 15 | 1.46mi |
| 3383 Station St Indianapolis, IN | 3.0 | 1.0 | 744 | $1,250 | $1.68 | 25d | 1 | 1.47mi |
| 2205 N Delaware St Indianapolis, IN | 2.0 | 1.0–2.0 | 946 | $1,950 | $2.06 | 12d | 5 | 1.49mi |
| 2205 N Delaware St Indianapolis, IN | 1.0 | 1.0 | 688 | $1,350 | $1.96 | 45d | 8 | 1.49mi |
Listing history 34 events
-
2026-06-21days on market $159,900 Active 47 DOM
-
2026-06-18days on market $159,900 Active 44 DOM
-
2026-06-17days on market $159,900 Active 43 DOM
-
2026-06-16days on market $159,900 Active 42 DOM
-
2026-06-15days on market $159,900 Active 41 DOM
-
2026-06-13days on market $159,900 Active 39 DOM
-
2026-06-13days on market $159,900 Active 38 DOM
-
2026-06-09days on market $159,900 Active 35 DOM
-
2026-06-08days on market $159,900 Active 34 DOM
-
2026-06-07days on market $159,900 Active 33 DOM
-
2026-06-03days on market $159,900 Active 29 DOM
-
2026-06-02days on market $159,900 Active 28 DOM
-
2026-06-01days on market $159,900 Active 27 DOM
-
2026-05-31days on market $159,900 Active 26 DOM
-
2026-05-04$159,900 Active 817-char remark
-
2020-10-20soldstatus $145,000 Sold 423-char remark
Show marketing remark (423 chars)
2 side by side duplexes in single family home neighborhood. All units are 2 bedroom 1 bath and buildings have just received new exterior paint. The left unit is currently rented with 1 tenant paying $475 and is on month to month lease the other unit is paying $550 and is on a lease until the end of 2020. The right unit is vacant so a new owner can ask for higher rents. ALL utilities are separate and paid for by tenants.
-
2020-09-14historical 423-char remark
Show marketing remark (423 chars)
2 side by side duplexes in single family home neighborhood. All units are 2 bedroom 1 bath and buildings have just received new exterior paint. The left unit is currently rented with 1 tenant paying $475 and is on month to month lease the other unit is paying $550 and is on a lease until the end of 2020. The right unit is vacant so a new owner can ask for higher rents. ALL utilities are separate and paid for by tenants.
-
2020-08-21status Pending 423-char remark
Show marketing remark (423 chars)
2 side by side duplexes in single family home neighborhood. All units are 2 bedroom 1 bath and buildings have just received new exterior paint. The left unit is currently rented with 1 tenant paying $475 and is on month to month lease the other unit is paying $550 and is on a lease until the end of 2020. The right unit is vacant so a new owner can ask for higher rents. ALL utilities are separate and paid for by tenants.
-
2020-08-10status Pending 423-char remark
Show marketing remark (423 chars)
2 side by side duplexes in single family home neighborhood. All units are 2 bedroom 1 bath and buildings have just received new exterior paint. The left unit is currently rented with 1 tenant paying $475 and is on month to month lease the other unit is paying $550 and is on a lease until the end of 2020. The right unit is vacant so a new owner can ask for higher rents. ALL utilities are separate and paid for by tenants.
-
2020-08-05$135,000 Active 423-char remark
Show marketing remark (423 chars)
2 side by side duplexes in single family home neighborhood. All units are 2 bedroom 1 bath and buildings have just received new exterior paint. The left unit is currently rented with 1 tenant paying $475 and is on month to month lease the other unit is paying $550 and is on a lease until the end of 2020. The right unit is vacant so a new owner can ask for higher rents. ALL utilities are separate and paid for by tenants.
-
2017-10-17soldstatus $40,000 Sold
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-08-18status Pending
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-08-18status Pending
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-08-18historical
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-07-06status Active
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-07-06status Active
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-06-13status Pending
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-06-13status Pending
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2017-03-24$85,000 Active
-
2017-03-21$45,000 Active
Show marketing remark (176 chars)
Check out the income on this duplex! Newer updates have been added! Fully rented! Unit 2941 is currently being rented for $450 until 7/30/17 and unit 2943 for $325 until 3/1/17
-
2008-02-08historical
-
2007-08-09$50,000
-
2005-10-02historical
-
2005-04-03$60,000
ⓘ 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
- $1,627 · $136/mo
- Projected year-2 tax
- $1,627 · $136/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 4/10 Moderate 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
- Wind 2/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $66,780
- − Mortgage interest
- −$8,957
- − Property taxes
- −$1,627
- − Insurance
- −$800
- − Repairs & maintenance
- −$5,342
- − Management
- −$5,342
- − Depreciation
- −$4,652
- Taxable income
- $40,060
- Est. tax owed @ 24.0%
- −$9,614
- After-tax cash flow
- $30,653/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)
- 29,360
- Household income
- $38,063
- Rent vs Own
- Severe rent burden
- 2340.0
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
- Predominantly Black (68%)
- Race & ethnicity
- Black 68% White 18% Hispanic / Latino 9% Two or more races 6%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Romanian 1%
- Foreign-born
- 5% · Canada, Philippines
- Languages at home
- 92% English-only · Spanish 7%
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
- ▼ -81.57%
- Current HPI
- 395.7071
- Rent YoY
- ▲ 0.81%
- 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
+166.5% since first listed20 events — show timeline
- 2026-05-04 Listed $159,900 MIBOR as Distributed by MLS Grid
- 2020-10-20 Sold (MLS) $145,000 MIBOR as Distributed by MLS Grid
- 2020-09-14 Listing Removed — MIBOR as Distributed by MLS Grid
- 2020-08-21 Pending — MIBOR as Distributed by MLS Grid
- 2020-08-10 Pending — MIBOR as Distributed by MLS Grid
- 2020-08-05 Listed $135,000 MIBOR as Distributed by MLS Grid
- 2017-10-17 Sold (MLS) $40,000 MIBOR as Distributed by MLS Grid
- 2017-08-18 Pending — MIBOR as Distributed by MLS Grid
- 2017-08-18 Pending — MIBOR as Distributed by MLS Grid
- 2017-08-18 Listing Removed — MIBOR as Distributed by MLS Grid
- 2017-07-06 Relisted — MIBOR as Distributed by MLS Grid
- 2017-07-06 Relisted — MIBOR as Distributed by MLS Grid
- 2017-06-13 Pending — MIBOR as Distributed by MLS Grid
- 2017-06-13 Pending — MIBOR as Distributed by MLS Grid
- 2017-03-24 Listed $85,000 MIBOR as Distributed by MLS Grid
- 2017-03-21 Listed $45,000 MIBOR as Distributed by MLS Grid
- 2008-02-08 Listing Removed — MIBOR as Distributed by MLS Grid
- 2007-08-09 Listed $50,000 MIBOR as Distributed by MLS Grid
- 2005-10-02 Listing Removed — MIBOR as Distributed by MLS Grid
- 2005-04-03 Listed $60,000 MIBOR as Distributed by MLS Grid
Property tax history
+8.4%/yrLatest (2025): $1,627 · +17.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…