3841 E 31st St · 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
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $717 – $1,331
Heat risk 3/10 · Minor
- Hot days now (above 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 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 D- 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 +17.3/30.0
- DSCR +5.4/10.0
- 1% rule +4.8/10.0
- Rent growth +2.7/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.4/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$130,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome Home! This quaint three bedroom, one bath home has been recently updated (2022) throughout! Featuring butcher block counter tops, stainless steel appliances, laminate flooring throughout, fresh paint, updated bathroom and more! Whether you're looking for your next investment (recently rented at $1300/month), or a place to call home on a quiet street, this is worth checking out!
Key facts
- Quiet street
- Laminate flooring
- Updated bathroom
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $130k.
Deal economics
- At list price, monthly cash flow is $96 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $128k (1.9% below list).
- Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
- Cap rate 7.2% 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 D — 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 flat; 334 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); lower-income renter base — watch delinquency; 1,906 units permitted in Marion County in 2024 (621 in 5+ unit buildings).
- This rent runs 40% of the median local income ($38k/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 $899 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 70 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
- 13 sale attempts since 23y 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.
- Current owner paid $55k; list at $130k implies a 136% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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 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
- 0.98% ✗
- Cap rate
- 7.18%
- Cash-on-cash
- 3.17%
- DSCR
- 1.14
- GRM
- 8.5
CMA / ARV
- ARV (median comp)
- $109,236
- List price
- $130,000
- Delta
- 19.01%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3126 Forest Manor Ave | 0.16mi | 2/1.0 | 954 (-7%) | 4mo | $55,000 | $58 | 78 |
| 3814 E 31st St | 0.04mi | 2/1.0 | 899 (-12%) | 1mo | $108,500 | $121 | 77 |
| 3148 N Gale St | 0.32mi | 3/1.0 (+1) | 1,068 (+4%) | 3mo | $116,000 | $109 | 71 |
| 3161 N Gale St | 0.31mi | 2/1.0 | 960 (-6%) | 7mo | $110,000 | $115 | 70 |
| 3239 N Colorado Ave | 0.44mi | 3/1.0 (+1) | 1,104 (+8%) | 4mo | $149,500 | $135 | 58 |
| 3119 N Dequincy St | 0.73mi | 2/1.0 | 1,079 (+6%) | 3mo | $95,000 | $88 | 54 |
| 3219 N Colorado Ave | 0.42mi | 3/1.0 (+1) | 912 (-11%) | 4mo | $139,900 | $153 | 54 |
| 4315 E 30th | 0.35mi | 3/1.0 (+1) | 1,176 (+15%) | 0mo | $66,500 | $57 | 54 |
| 3320 E 26th St | 0.67mi | 3/2.0 (+1) | 1,068 (+4%) | 3mo | $156,500 | $147 | 50 |
| 2956 Wallace Ave | 0.56mi | 3/1.0 (+1) | 888 (-13%) | 2mo | $143,000 | $161 | 45 |
| 2949 Wallace Ave | 0.59mi | 3/1.0 (+1) | 888 (-13%) | 4mo | $110,000 | $124 | 43 |
| 2818 N Lasalle St | 0.61mi | 3/2.0 (+1) | 875 (-14%) | 2mo | $195,000 | $223 | 37 |
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 · 0.81% rent growth · sell at horizon
- IRR
- -13.8%
- Equity multiple
- 0.51×
- Total profit
- $-17,670
- Equity at exit
- $19,383
- IRR
- -8.9%
- Equity multiple
- 0.50×
- Total profit
- $-18,199
- Equity at exit
- $11,240
Cash invested: $36,400 (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
- 334
- Price-to-rent
- 8.5×
Monthly cashflow live
- Estimated rent
- $1,276 high interval (Pro) →
- Mortgage (P&I)
- −$682
- Tax from tax record
- −$176 /mo · $2,112/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$268
- Net cashflow
- $96
Break-even live
Sensitivity live
| Price | -10% $170 | -5% $133 | +0% $96 | +5% $59 | +10% $22 |
|---|---|---|---|---|---|
| Rent | -10% $-5 | -5% $46 | +0% $96 | +5% $146 | +10% $197 |
| Rate | -1.0pp $162 | -0.5pp $129 | base $96 | +0.5pp $62 | +1.0pp $28 |
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
- $32,500
- Closing costs
- $3,900
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3920 E 30th St Indianapolis, IN | 3.0 | 1.0 | 1071 | $1,350 | $1.26 | 8d | 1 | 0.04mi |
| 3920 E 30th St Indianapolis, IN | 3.0 | 1.0 | 1071 | $1,350 | $1.26 | 5d | 1 | 0.04mi |
| 2862 N Chester Ave Indianapolis, IN | 3.0 | 2.0 | 1076 | $1,520 | $1.41 | 44d | 1 | 0.19mi |
| 2864 Forest Manor Ave Indianapolis, IN | 3.0 | 1.0 | 1018 | $1,500 | $1.47 | 24d | 1 | 0.23mi |
| 2826 Station St Indianapolis, IN | 3.0 | 2.0 | 1248 | $1,550 | $1.24 | 44d | 1 | 0.30mi |
| 3149 N Gladstone Ave Indianapolis, IN | 3.0 | 1.5 | 1036 | $1,350 | $1.30 | 8d | 1 | 0.31mi |
| 4320 E 30th St Indianapolis, IN | 3.0 | 1.5 | 1152 | $1,195 | $1.04 | 24d | 1 | 0.34mi |
| 3142 N Euclid Ave Indianapolis, IN | 3.0 | 1.0 | 1050 | $1,050 | $1.00 | 44d | 1 | 0.40mi |
| 2949 Adams St Indianapolis, IN | 2.0 | 1.0 | 978 | $1,150 | $1.18 | 44d | 1 | 0.45mi |
| 3383 Station St Indianapolis, IN | 3.0 | 1.0 | 744 | $1,250 | $1.68 | 24d | 1 | 0.47mi |
| 2932 Arthington Blvd Indianapolis, IN | 3.0 | 1.0 | 900 | $1,350 | $1.50 | 24d | 1 | 0.52mi |
| 2827 Adams St Indianapolis, IN | 3.0 | 2.0 | 1200 | $1,512 | $1.26 | 2d | 1 | 0.52mi |
| 2920 N Lasalle St Indianapolis, IN | 3.0 | 1.0 | 875 | $1,095 | $1.25 | 18d | 1 | 0.55mi |
| 3315 N Euclid Ave Indianapolis, IN | 2.0 | 1.0 | 780 | $1,300 | $1.67 | 15d | 1 | 0.57mi |
| 2830 Lasalle St Unit 28 Indianapolis, IN | 2.0 | 1.0 | 1400 | $1,100 | $0.79 | 44d | 1 | 0.59mi |
| 3449 E 26th St Indianapolis, IN | 3.0 | 2.0 | 1200 | $1,512 | $1.26 | 2d | 1 | 0.59mi |
| 3451 E 26th St Indianapolis, IN | 3.0 | 2.0 | 1200 | $1,650 | $1.38 | 44d | 1 | 0.59mi |
| 2950 N Dequincy St Indianapolis, IN | 3.0 | 1.0 | 888 | $1,375 | $1.55 | 14d | 1 | 0.61mi |
| 3421 N Olney St Indianapolis, IN | 2.0 | 1.0 | 720 | $1,195 | $1.66 | 16d | 1 | 0.62mi |
| 2422 Adams St Unit 2 Indianapolis, IN | 1.0 | 1.0 | 700 | $850 | $1.21 | 44d | 1 | 0.72mi |
| 3332 Wallace Ave Indianapolis, IN | 3.0 | 1.0 | 936 | $1,600 | $1.71 | 24d | 1 | 0.74mi |
| 2410 Adams St Indianapolis, IN | 3.0 | 1.0 | 900 | $1,200 | $1.33 | 11d | 1 | 0.74mi |
| 3522 N Olney St Indianapolis, IN | 3.0 | 1.0 | 768 | $1,300 | $1.69 | 44d | 1 | 0.75mi |
| 2343 E Adams St Indianapolis, IN | 2.0 | 1.0 | 1200 | $1,199 | $1.00 | 44d | 1 | 0.81mi |
| 2221 Station St Indianapolis, IN | 3.0 | 2.5 | 1312 | $1,600 | $1.22 | 24d | 1 | 0.81mi |
| 2341 Adams St Indianapolis, IN | 2.0 | 1.0 | 1200 | $1,199 | $1.00 | 44d | 1 | 0.81mi |
| 3472 N Dearborn St Indianapolis, IN | 2.0 | 1.0 | 890 | $1,099 | $1.23 | 20d | 1 | 0.85mi |
| 3725 N Sherman Dr #7 Indianapolis, IN | 2.0 | 1.0 | 729 | $845 | $1.16 | 4d | 1 | 0.91mi |
| 3461 N Dequincy St Indianapolis, IN | 1.0 | 1.0 | 900 | $720 | $0.80 | 44d | 1 | 0.95mi |
| 3316 N Emerson Ave Indianapolis, IN | 3.0 | 1.0 | 912 | $1,100 | $1.21 | 24d | 1 | 1.00mi |
| 3535 N Oxford St Indianapolis, IN | 3.0 | 1.0 | 1015 | $1,500 | $1.48 | 22d | 1 | 1.01mi |
| 2931 N Tacoma Ave Unit 31 Indianapolis, IN | 2.0 | 1.0 | 800 | $950 | $1.19 | 8d | 1 | 1.01mi |
| 3734 Manor Ct Indianapolis, IN | 3.0 | 1.0 | 1414 | $1,399 | $0.99 | 8d | 1 | 1.08mi |
| 2530 N Temple Ave Indianapolis, IN | 1.0 | 1.0 | 720 | $750 | $1.04 | 20d | 1 | 1.08mi |
| 3615 Sherman Forest Dr Indianapolis, IN | 4.0 | 1.0–2.5 | 1057 | $1,288 | $1.22 | 5d | 1 | 1.10mi |
| 2030 N Colorado Ave Indianapolis, IN | 2.0 | 1.0 | 728 | $1,150 | $1.58 | 24d | 1 | 1.12mi |
| 3301 Mardenna Ave Indianapolis, IN | 3.0 | 1.0 | 925 | $1,200 | $1.30 | 44d | 1 | 1.12mi |
| 2194 N Riley Ave Indianapolis, IN | 3.0 | 1.0 | 1100 | $1,749 | $1.59 | 44d | 1 | 1.16mi |
| 2045 N Dearborn St Indianapolis, IN | 3.0 | 2.0 | 912 | $1,145 | $1.26 | 24d | 1 | 1.20mi |
| 3319 N Hawthorne Ln Indianapolis, IN | 3.0 | 1.0 | 1084 | $1,100 | $1.01 | 24d | 1 | 1.25mi |
Listing history 49 events
-
2026-06-18days on market $130,000 Active 70 DOM
-
2026-06-17days on market $130,000 Active 69 DOM
-
2026-06-16days on market $130,000 Active 68 DOM
-
2026-06-15days on market $130,000 Active 67 DOM
-
2026-06-13days on market $130,000 Active 65 DOM
-
2026-06-13days on market $130,000 Active 64 DOM
-
2026-06-09days on market $130,000 Active 61 DOM
-
2026-06-08days on market $130,000 Active 60 DOM
-
2026-06-07days on market $130,000 Active 59 DOM
-
2026-06-03days on market $130,000 Active 55 DOM
-
2026-06-02days on market $130,000 Active 54 DOM
-
2026-06-01days on market $130,000 Active 53 DOM
-
2026-05-31days on market $130,000 Active 52 DOM
-
2026-04-27status Active 388-char remark
Show marketing remark (388 chars)
Welcome Home! This quaint three bedroom, one bath home has been recently updated (2022) throughout! Featuring butcher block counter tops, stainless steel appliances, laminate flooring throughout, fresh paint, updated bathroom and more! Whether you're looking for your next investment (recently rented at $1300/month), or a place to call home on a quiet street, this is worth checking out!
-
2026-04-27price $130,000 388-char remark
Show marketing remark (388 chars)
Welcome Home! This quaint three bedroom, one bath home has been recently updated (2022) throughout! Featuring butcher block counter tops, stainless steel appliances, laminate flooring throughout, fresh paint, updated bathroom and more! Whether you're looking for your next investment (recently rented at $1300/month), or a place to call home on a quiet street, this is worth checking out!
-
2026-04-16status Pending 388-char remark
Show marketing remark (388 chars)
Welcome Home! This quaint three bedroom, one bath home has been recently updated (2022) throughout! Featuring butcher block counter tops, stainless steel appliances, laminate flooring throughout, fresh paint, updated bathroom and more! Whether you're looking for your next investment (recently rented at $1300/month), or a place to call home on a quiet street, this is worth checking out!
-
2026-03-27$135,000 Active 388-char remark
Show marketing remark (388 chars)
Welcome Home! This quaint three bedroom, one bath home has been recently updated (2022) throughout! Featuring butcher block counter tops, stainless steel appliances, laminate flooring throughout, fresh paint, updated bathroom and more! Whether you're looking for your next investment (recently rented at $1300/month), or a place to call home on a quiet street, this is worth checking out!
-
2025-09-07historical $1,150
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2025-08-10price $1,150
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2025-05-01$1,250
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2025-04-24historical $1,250
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2025-04-12$1,250
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2023-12-21historical $1,250
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2023-12-13$1,250
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2023-07-26soldstatus $55,000 Closed 555-char remark
Show marketing remark (555 chars)
Incredible price on this Forest Manor bungalow. Own a unique piece of history that includes a 'Round House' detached garage w/sliding barn door. Stylish home on wooded lot with no neighbors on one side. Unfinished basement helps bring ample storage & work space. Interior features hardwood floors, original trim, 3 Bedrooms & spacious Kitchen. Bathroom has tiled shower & floors. Appears to have some newer plumbing, electrical, gas furnace, gas water heater & more. Additional repairs & updates needed but priced to sell. A must see!
-
2023-07-08status Pending 555-char remark
Show marketing remark (555 chars)
Incredible price on this Forest Manor bungalow. Own a unique piece of history that includes a 'Round House' detached garage w/sliding barn door. Stylish home on wooded lot with no neighbors on one side. Unfinished basement helps bring ample storage & work space. Interior features hardwood floors, original trim, 3 Bedrooms & spacious Kitchen. Bathroom has tiled shower & floors. Appears to have some newer plumbing, electrical, gas furnace, gas water heater & more. Additional repairs & updates needed but priced to sell. A must see!
-
2023-07-04price $60,000 555-char remark
Show marketing remark (555 chars)
Incredible price on this Forest Manor bungalow. Own a unique piece of history that includes a 'Round House' detached garage w/sliding barn door. Stylish home on wooded lot with no neighbors on one side. Unfinished basement helps bring ample storage & work space. Interior features hardwood floors, original trim, 3 Bedrooms & spacious Kitchen. Bathroom has tiled shower & floors. Appears to have some newer plumbing, electrical, gas furnace, gas water heater & more. Additional repairs & updates needed but priced to sell. A must see!
-
2023-06-26price $70,000 555-char remark
Show marketing remark (555 chars)
Incredible price on this Forest Manor bungalow. Own a unique piece of history that includes a 'Round House' detached garage w/sliding barn door. Stylish home on wooded lot with no neighbors on one side. Unfinished basement helps bring ample storage & work space. Interior features hardwood floors, original trim, 3 Bedrooms & spacious Kitchen. Bathroom has tiled shower & floors. Appears to have some newer plumbing, electrical, gas furnace, gas water heater & more. Additional repairs & updates needed but priced to sell. A must see!
-
2023-05-25$85,000 Active 555-char remark
Show marketing remark (555 chars)
Incredible price on this Forest Manor bungalow. Own a unique piece of history that includes a 'Round House' detached garage w/sliding barn door. Stylish home on wooded lot with no neighbors on one side. Unfinished basement helps bring ample storage & work space. Interior features hardwood floors, original trim, 3 Bedrooms & spacious Kitchen. Bathroom has tiled shower & floors. Appears to have some newer plumbing, electrical, gas furnace, gas water heater & more. Additional repairs & updates needed but priced to sell. A must see!
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2022-11-07soldstatus $59,000 Closed
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2022-09-12status Pending
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2022-08-25price $79,000
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2022-07-22price $79,900
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2022-06-20$89,900 Active
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2020-02-10historical
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2020-01-17price $54,900
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2019-11-11$59,900 Active
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2017-09-20status Pending
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2017-09-20soldstatus $26,000 Sold
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2017-06-14status Active
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2017-06-12status Pending
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2017-05-22price $30,000
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2017-05-12$35,000 Active
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2005-02-11historical
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2004-08-12$64,900
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2004-02-09historical
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2003-10-14$66,900
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2003-07-31historical
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2003-05-13$66,900
ⓘ 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
- $2,112 · $176/mo
- Projected year-2 tax
- $2,112 · $176/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 ≥102°F today · 18 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
- $15,311
- − Mortgage interest
- −$7,282
- − Property taxes
- −$2,112
- − Insurance
- −$650
- − Repairs & maintenance
- −$1,225
- − Management
- −$1,225
- − Depreciation
- −$3,782
- Taxable loss
- −$964
- Est. tax savings @ 24.0%
- +$231
- After-tax cash flow
- $1,385/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 |
|
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| Agriculture | 1 | $17B |
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| Packaging | 1 | $12B |
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Price history
+94.3% since first listed36 events — show timeline
- 2026-04-27 Relisted — MIBOR as Distributed by MLS Grid
- 2026-04-27 Price Changed $130,000 MIBOR as Distributed by MLS Grid
- 2026-04-16 Pending — MIBOR as Distributed by MLS Grid
- 2026-03-27 Listed $135,000 MIBOR as Distributed by MLS Grid
- 2025-09-07 Rental Removed $1,150 TENANTTURNER2
- 2025-08-10 Price Changed $1,150 TENANTTURNER2
- 2025-05-01 Listed for Rent $1,250 TENANTTURNER2
- 2025-04-24 Rental Removed $1,250 BUILDIUM
- 2025-04-12 Listed for Rent $1,250 BUILDIUM
- 2023-12-21 Rental Removed $1,250 APPFOLIO
- 2023-12-13 Listed for Rent $1,250 APPFOLIO
- 2023-07-26 Sold (MLS) $55,000 MIBOR as Distributed by MLS Grid
- 2023-07-08 Pending — MIBOR as Distributed by MLS Grid
- 2023-07-04 Price Changed $60,000 MIBOR as Distributed by MLS Grid
- 2023-06-26 Price Changed $70,000 MIBOR as Distributed by MLS Grid
- 2023-05-25 Listed $85,000 MIBOR as Distributed by MLS Grid
- 2022-11-07 Sold (MLS) $59,000 MIBOR as Distributed by MLS Grid
- 2022-09-12 Pending — MIBOR as Distributed by MLS Grid
- 2022-08-25 Price Changed $79,000 MIBOR as Distributed by MLS Grid
- 2022-07-22 Price Changed $79,900 MIBOR as Distributed by MLS Grid
- 2022-06-20 Listed $89,900 MIBOR as Distributed by MLS Grid
- 2020-02-10 Listing Removed — MIBOR as Distributed by MLS Grid
- 2020-01-17 Price Changed $54,900 MIBOR as Distributed by MLS Grid
- 2019-11-11 Listed $59,900 MIBOR as Distributed by MLS Grid
- 2017-09-20 Pending — MIBOR as Distributed by MLS Grid
- 2017-09-20 Sold (MLS) $26,000 MIBOR as Distributed by MLS Grid
- 2017-06-14 Relisted — MIBOR as Distributed by MLS Grid
- 2017-06-12 Pending — MIBOR as Distributed by MLS Grid
- 2017-05-22 Price Changed $30,000 MIBOR as Distributed by MLS Grid
- 2017-05-12 Listed $35,000 MIBOR as Distributed by MLS Grid
- 2005-02-11 Listing Removed — MIBOR as Distributed by MLS Grid
- 2004-08-12 Listed $64,900 MIBOR as Distributed by MLS Grid
- 2004-02-09 Listing Removed — MIBOR as Distributed by MLS Grid
- 2003-10-14 Listed $66,900 MIBOR as Distributed by MLS Grid
- 2003-07-31 Listing Removed — MIBOR as Distributed by MLS Grid
- 2003-05-13 Listed $66,900 MIBOR as Distributed by MLS Grid
Property tax history
+30.8%/yrLatest (2025): $2,112 · +41.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…