CashFlowRE
Sign in Sign up
952 Udell St
B- Composite 67.98
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 +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

$75,000

952 Udell St · Indianapolis city (balance), IN 46208
4 bd · 2.0 ba · 1,641 sqft · SingleFamily public records · 438 Days on market
Built 1920 3,790 sqft lot $46/sqft · 60% below area

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

Key facts

  • Strong future value
  • Down to the studs
  • 3,790 sq ft lot

Tags

DOWN TO THE STUDSSTRONG FUTURE VALUESURROUNDED BY NEW CONSTRUCTIONCONVENIENT LOCATION NEAR PARKS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $75k.

Deal economics

  • At list price, monthly cash flow is $690 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $75k).
  • Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
  • Cap rate 17.3% 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 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.
  • 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 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,906 units permitted in Marion County in 2024 (621 in 5+ unit buildings).
  • This rent runs 33% 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 $519 of loan paydown is wiped out by about $2k 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 + 6.4% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 438 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 16y ago; this cycle's ask has dropped $40k (35%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $10k; list at $75k implies a 650% 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 $66,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 438 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
2.20%
Cap rate
17.33%
Cash-on-cash
39.41%
DSCR
2.75
GRM
3.8

CMA / ARV

ARV (median comp)
$166,811
List price
$75,000
Delta
-55.04%
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
950 W 28th St 0.06mi 3/2.5 (-1) 1,713 (+4%) 1mo $320,000 $187 82
1307 Congress Ave 0.53mi 3/2.0 (-1) 1,655 (+1%) 2mo $200,000 $121 67
1205 W 32nd St 0.48mi 3/1.0 (-1) 1,686 (+3%) 0mo $122,500 $73 64
520 W 28th St 0.45mi 5/2.0 (+1) 1,734 (+6%) 4mo $196,500 $113 61
1354 Roache St 0.55mi 3/1.5 (-1) 1,632 (-0%) 6mo $55,000 $34 61
2612 Burton Ave 0.40mi 3/1.0 (-1) 1,584 (-4%) 8mo $102,800 $65 60
520 Udell St 0.45mi 3/2.5 (-1) 1,835 (+12%) 1mo $270,000 $147 51
713 W 32nd St 0.44mi 3/2.0 (-1) 1,417 (-14%) 1mo $147,000 $104 51
1343 Edgemont Ave 0.66mi 3/1.0 (-1) 1,545 (-6%) 3mo $110,000 $71 48
1229 W 33rd St 0.56mi 3/1.0 (-1) 1,485 (-10%) 6mo $147,000 $99 44
1509 W 27th St 0.69mi 3/2.0 (-1) 1,510 (-8%) 9mo $174,000 $115 42
1154 W 36th St 0.75mi 3/1.0 (-1) 1,779 (+8%) 7mo $85,900 $48 36

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
39.9%
Equity multiple
2.80×
Total profit
$37,734
Equity at exit
$11,183
10-year hold
IRR
48.0%
Equity multiple
6.51×
Total profit
$115,652
Equity at exit
$6,485

Cash invested: $21,000 (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.

ZIP-level market 46208

Rents YoY
6.4%
Active inventory
279
Price-to-rent
3.8×

Monthly cashflow live

Estimated rent
$1,648 high interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$187 /mo · $2,249/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$346
Net cashflow
$690

Break-even live

Break-even rent $775
Max offer price $75,000
Occupancy floor 53%

Sensitivity live

Price -10% $732 -5% $711 +0% $690 +5% $668 +10% $647
Rent -10% $559 -5% $625 +0% $690 +5% $755 +10% $820
Rate -1.0pp $727 -0.5pp $709 base $690 +0.5pp $670 +1.0pp $650

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
$18,750
Closing costs
$2,250
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
826 W 29th St Indianapolis, IN 3.0 2.0 1200 $1,595 $1.33 44d 1 0.16mi
824 W 29th St Indianapolis, IN 3.0 2.0 1200 $1,595 $1.33 44d 1 0.16mi
648 W 30th St Indianapolis, IN 3.0 2.0 1300 $1,500 $1.15 24d 1 0.30mi
1227 W 29th St Indianapolis, IN 3.0 1.5 1056 $1,250 $1.18 24d 1 0.35mi
560 Udell St Indianapolis, IN 3.0 1.5 1176 $1,190 $1.01 24d 1 0.37mi
926 W 32nd St Indianapolis, IN 3.0 2.0 1050 $1,295 $1.23 8d 1 0.37mi
3217 Rader St Indianapolis, IN 3.0 1.0 1200 $1,299 $1.08 44d 1 0.40mi
538 W 29th St Indianapolis, IN 3.0 1.0 1132 $1,349 $1.19 24d 1 0.40mi
3017 Ethel Ave Indianapolis, IN 3.0 1.5 1079 $1,400 $1.30 24d 1 0.48mi
445 W 25th St Indianapolis, IN 4.0 2.0 1500 $1,900 $1.27 44d 1 0.64mi
1343 Edgemont Ave Indianapolis, IN 4.0 2.0 1545 $2,095 $1.36 44d 1 0.68mi
1331 W 34th St Indianapolis, IN 4.0 2.0 2160 $1,800 $0.83 15d 1 0.69mi
3031 Boulevard Pl Indianapolis, IN 3.0 1.5 1395 $1,450 $1.04 18d 1 0.74mi
3160 Graceland Ave Indianapolis, IN 4.0 2.0 1936 $2,000 $1.03 24d 1 0.83mi
1367 W Pruitt St Indianapolis, IN 3.0 1.0 1088 $1,450 $1.33 44d 1 0.84mi
2146 Gent Ave Indianapolis, IN 3.0 2.0 1952 $2,000 $1.02 22d 1 0.85mi
1133 W 21st St Indianapolis, IN 3.0 2.0 1296 $1,495 $1.15 24d 1 0.92mi
1135 W 21st St Indianapolis, IN 3.0 2.0 1296 $1,495 $1.15 24d 1 0.92mi
2318 N Capitol Ave Indianapolis, IN 3.0 1.0 1440 $1,050 $0.73 44d 1 1.00mi
3413 N Capitol Ave Indianapolis, IN 3.0 1.0 1176 $1,249 $1.06 11d 1 1.07mi
3415 N Capitol Ave Indianapolis, IN 3.0 1.0 1176 $1,249 $1.06 24d 1 1.08mi
1920 Sugar Grove Ave Indianapolis, IN 3.0 1.5 1378 $1,175 $0.85 3d 1 1.08mi
118 W 23rd St Indianapolis, IN 3.0 1.5 1456 $1,300 $0.89 11d 1 1.10mi
2224 N Kenwood Ave Indianapolis, IN 3.0 3.0 1735 $1,950 $1.12 8d 1 1.12mi
143 W 35th St Indianapolis, IN 3.0 1.0 1235 $1,175 $0.95 8d 1 1.15mi
3103 N Meridian St Indianapolis, IN 3.0 2.0 1280 $1,775 $1.39 24d 1 1.15mi
3502 N Kenwood Ave Indianapolis, IN 3.0 2.0 1094 $1,220 $1.12 44d 1 1.18mi
2901 N Talbott St Indianapolis, IN 3.0 1.5 1388 $1,400 $1.01 44d 1 1.22mi
3457 N Illinois St Indianapolis, IN 3.0 2.0 1230 $1,145 $0.93 24d 1 1.22mi
2437 N Pennsylvania St Indianapolis, IN 3.0 2.0 1400 $1,650 $1.18 24d 1 1.22mi
2801 N Talbott St Unit A Indianapolis, IN 3.0 2.0 1296 $1,850 $1.43 44d 1 1.23mi
2813 N Talbott St Indianapolis, IN 3.0 2.0 1297 $1,800 $1.39 44d 1 1.23mi
2809 N Talbott St Indianapolis, IN 3.0 2.0 1250 $1,750 $1.40 44d 1 1.23mi
2805 N Talbott St Indianapolis, IN 3.0 2.0 1296 $1,800 $1.39 44d 1 1.23mi
3622 N Capitol Ave Indianapolis, IN 3.0 1.0 1300 $1,300 $1.00 8d 1 1.25mi
3004 N Delaware St Indianapolis, IN 3.0 1.5 1600 $1,599 $1.00 8d 1 1.27mi
2925 N Delaware St Indianapolis, IN 3.0 1.5 1322 $1,275 $0.96 24d 1 1.28mi
2955 N Delaware St Indianapolis, IN 3.0 1.5 1400 $1,600 $1.14 44d 1 1.28mi
3621 N Kenwood Ave Indianapolis, IN 3.0 1.5 1521 $1,599 $1.05 3d 1 1.31mi
2161 N Meridian St Indianapolis, IN 3.0 2.0 1592 $1,800 $1.13 44d 1 1.32mi

Listing history 33 events

  1. 2026-06-18
    days on market $75,000 Active 438 DOM
  2. 2026-06-17
    days on market $75,000 Active 437 DOM
  3. 2026-06-16
    days on market $75,000 Active 436 DOM
  4. 2026-06-15
    days on market $75,000 Active 435 DOM
  5. 2026-06-13
    days on market $75,000 Active 433 DOM
  6. 2026-06-13
    days on market $75,000 Active 432 DOM
  7. 2026-06-09
    days on market $75,000 Active 429 DOM
  8. 2026-06-08
    days on market $75,000 Active 428 DOM
  9. 2026-06-07
    pricedays on market $75,000 Active 427 DOM
  10. 2026-06-03
    days on market $90,000 Active 423 DOM
  11. 2026-06-02
    days on market $90,000 Active 422 DOM
  12. 2026-06-01
    days on market $90,000 Active 421 DOM
  13. 2026-05-31
    days on market $90,000 Active 420 DOM
  14. 2026-01-03
    status Active 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  15. 2026-01-03
    price $90,000 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  16. 2025-12-31
    historical 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  17. 2025-12-19
    status Active 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  18. 2025-10-07
    status Pending 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  19. 2025-07-17
    price $95,000 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  20. 2025-03-17
    price $105,000 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  21. 2025-01-19
    listed $115,000 Active 1104-char remark
    Show marketing remark (1104 chars)

    Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether you're looking to flip, build rental income, or craft your dream home, this property offers limitless potential. Located minutes from downtown Indianapolis, this neighborhood is experiencing a surge in revitalization, ensuring strong future value. Don't miss your chance to be part of the area's exciting transformation! Key Highlights: Spacious 4-bedroom, 2-bathroom layout Down to the studs - ready for customization Surrounded by new construction and renovated homes Convenient location near parks, schools, and downtown attractions Bring your contractor and imagination to turn this property into a standout gem. Sold As-Is. Schedule a showing today and start planning your next investment!

  22. 2016-06-23
    historical
  23. 2016-04-11
    listed $8,500 Active
  24. 2016-03-31
    historical
  25. 2016-02-09
    status Active
  26. 2016-02-05
    historical
  27. 2016-02-03
    price $9,000
  28. 2015-11-06
    listed $10,000 Active
  29. 2011-11-15
    historical
  30. 2011-11-11
    soldstatus $10,000
  31. 2011-02-23
    listed $14,000
  32. 2011-02-15
    historical
  33. 2010-06-14
    listed $14,000

ⓘ 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
$2,249 · $187/mo
Projected year-2 tax
$2,249 · $187/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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,772
− Mortgage interest
−$4,201
− Property taxes
−$2,249
− Insurance
−$375
− Repairs & maintenance
−$1,582
− Management
−$1,582
− Depreciation
−$2,182
Taxable income
$7,601
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,824
After-tax cash flow
$6,451/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

Price history

+542.9% since first listed
20 events — show timeline
  • 2026-01-03 Relisted MIBOR as Distributed by MLS Grid
  • 2026-01-03 Price Changed $90,000 MIBOR as Distributed by MLS Grid
  • 2025-12-31 Listing Removed MIBOR as Distributed by MLS Grid
  • 2025-12-19 Relisted MIBOR as Distributed by MLS Grid
  • 2025-10-07 Pending MIBOR as Distributed by MLS Grid
  • 2025-07-17 Price Changed $95,000 MIBOR as Distributed by MLS Grid
  • 2025-03-17 Price Changed $105,000 MIBOR as Distributed by MLS Grid
  • 2025-01-19 Listed $115,000 MIBOR as Distributed by MLS Grid
  • 2016-06-23 Listing Removed MIBOR as Distributed by MLS Grid
  • 2016-04-11 Listed $8,500 MIBOR as Distributed by MLS Grid
  • 2016-03-31 Listing Removed MIBOR as Distributed by MLS Grid
  • 2016-02-09 Relisted MIBOR as Distributed by MLS Grid
  • 2016-02-05 Listing Removed MIBOR as Distributed by MLS Grid
  • 2016-02-03 Price Changed $9,000 MIBOR as Distributed by MLS Grid
  • 2015-11-06 Listed $10,000 MIBOR as Distributed by MLS Grid
  • 2011-11-15 Listing Removed MIBOR as Distributed by MLS Grid
  • 2011-11-11 Sold (MLS) $10,000 MIBOR as Distributed by MLS Grid
  • 2011-02-23 Listed $14,000 MIBOR as Distributed by MLS Grid
  • 2011-02-15 Listing Removed MIBOR as Distributed by MLS Grid
  • 2010-06-14 Listed $14,000 MIBOR as Distributed by MLS Grid

Property tax history

+15.4%/yr

Latest (2025): $2,249 · +15.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…