929 W 26th St · Indianapolis city (balance), IN 46208

$128,000

3 bd · 1.0 ba · 916 sqft · SingleFamily public records · 220 Days on market

Built 1917 3,746 sqft lot $140/sqft · 57% above area

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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 +16.2/30.0
• ARV discount +7.5/15.0
• 1% rule +5.3/10.0
• DSCR +5.0/10.0
• 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

Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

Key facts

• 3,746 sq ft lot
• Garage
• Built 1917

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $67 ($802/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $128k).
• Recommended offer: $113k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.9% 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.
• 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).
• Market conditions: Rents rising fast (+6.4%/yr); 283 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 1,906 units permitted in Marion County in 2024 (621 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $885 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 220 days — a 12% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y 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 $68k; list at $128k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $112,640 (12.0% below list)

Questions for the listing agent

1. It's been on market 220 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 1917 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.03% ✓
• Cap rate: 6.92%
• Cash-on-cash: 2.24%
• DSCR: 1.10
• GRM: 8.1

CMA / ARV

• ARV (median comp): $81,555
• List price: $128,000
• Delta: 56.95%
• 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
1006 Edgemont Ave	0.14mi	3/1.0	954 (+4%)	3mo	$75,000	$79	84
2126 White Ave	0.65mi	3/1.0	920 (+0%)	18mo	$133,000	$145	54
1035 W Roache St	0.14mi	3/2.0	1,014 (+11%)	24mo	$115,000	$113	52
2355 Shriver Ave	0.63mi	3/2.0	934 (+2%)	14mo	$169,900	$182	51
1309 W 26th St	0.47mi	3/2.0	1,050 (+15%)	1mo	$210,000	$200	49
1122 Congress Ave	0.65mi	3/2.0	912 (-0%)	21mo	$126,000	$138	48
1156 Udell St	0.40mi	2/1.0 (-1)	808 (-12%)	15mo	$137,000	$170	44
2023 Gent Ave	0.69mi	2/1.5 (-1)	875 (-4%)	23mo	$179,750	$205	35
2193 N Dexter St	0.65mi	3/2.0	1,050 (+15%)	14mo	$225,000	$214	30
2171 Sugar Grove Ave	0.63mi	3/2.0	1,050 (+15%)	16mo	$225,000	$214	29
2189 N Dexter St	0.65mi	3/2.0	1,050 (+15%)	16mo	$225,000	$214	28
2145 Sugar Grove Ave	0.65mi	3/2.0	1,050 (+15%)	21mo	$222,500	$212	24

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: -8.6%
• Equity multiple: 0.67×
• Total profit: $-11,703
• Equity at exit: $19,085

10-year hold

• IRR: 5.3%
• Equity multiple: 1.46×
• Total profit: $16,327
• Equity at exit: $11,067

Cash invested: $35,840 (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: 283
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,319 high
• Mortgage (P&I): −$671
• Tax from tax record: −$250 /mo · $3,005/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $67

Break-even live

Break-even rent $1,234

Max offer price $128,000

Occupancy floor 90%

Sensitivity live

Price	-10% $139	-5% $103	+0% $67	+5% $31	+10% $-6
Rent	-10% $-37	-5% $15	+0% $67	+5% $119	+10% $171
Rate	-1.0pp $131	-0.5pp $99	base $67	+0.5pp $34	+1.0pp $0

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: $32,000
• Closing costs: $3,840
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
970 Edgemont Ave Indianapolis, IN	2.0	1.0	740	$845	$1.14	6d	1	0.14mi
970 Edgemont Ave Indianapolis, IN	2.0	1.0	740	$845	$1.14	0d	1	0.14mi
906 Burdsal Pkwy Indianapolis, IN	2.0	1.0	936	$1,295	$1.38	25d	1	0.21mi
908 Burdsal Pkwy Marion, IN	2.0	1.0	936	$1,300	$1.39	25d	1	0.21mi
1244 Edgemont Ave Indianapolis, IN	2.0	1.0	1092	$1,275	$1.17	45d	1	0.42mi
1227 W 29th St Indianapolis, IN	3.0	1.5	1056	$1,250	$1.18	25d	1	0.45mi
1319 W 27th St Indianapolis, IN	2.0	1.0	651	$900	$1.38	14d	1	0.48mi
516 W 28th St Indianapolis, IN	2.0	1.0	1005	$1,100	$1.09	25d	1	0.48mi
538 W 29th St Unit B Indianapolis, IN	3.0	1.0	1031	$1,349	$1.31	0d	1	0.51mi
524 W 23rd St Unit 2 Indianapolis, IN	2.0	1.0	669	$949	$1.42	0d	1	0.53mi
524 W 23rd St Indianapolis, IN	2.0	1.0	664	$949	$1.43	45d	1	0.53mi
2235 Doctor Martin Luther King Junior St Indianapolis, IN	3.0	1.5	948	$1,700	$1.79	45d	1	0.57mi
3017 Ethel Ave Indianapolis, IN	3.0	1.5	1079	$1,400	$1.30	25d	1	0.64mi
926 W 32nd St Indianapolis, IN	3.0	2.0	1050	$1,295	$1.23	9d	1	0.64mi
1367 W Pruitt St Indianapolis, IN	3.0	1.0	1088	$1,450	$1.33	45d	1	0.65mi
2248 N Harding St Indianapolis, IN	2.0	1.0	1100	$899	$0.82	25d	1	0.67mi
1457 W 29th St Indianapolis, IN	2.0	1.0	686	$995	$1.45	22d	1	0.71mi
1519 W 28th St Indianapolis, IN	2.0	1.0	816	$895	$1.10	45d	1	0.72mi
1415 W Pruitt St Indianapolis, IN	3.0	1.0	1001	$1,249	$1.25	25d	1	0.72mi
1261 W 32nd St Indianapolis, IN	2.0	1.0	832	$975	$1.17	45d	1	0.74mi
2808 N Capitol Ave Indianapolis, IN	2.0	1.0	900	$975	$1.08	25d	1	0.84mi
1039 W 36th St Indianapolis, IN	2.0	1.0	864	$995	$1.15	45d	1	0.92mi
1470 W 32nd St Indianapolis, IN	2.0	1.0	700	$1,000	$1.43	45d	1	0.92mi
1228 W 18th St Indianapolis, IN	2.0	1.0	1050	$1,200	$1.14	45d	1	0.95mi
3440 N Harding St Indianapolis, IN	2.0	1.0	754	$1,325	$1.76	45d	1	0.98mi
3440 N Harding St Indianapolis, IN	2.0	1.0	754	$1,275	$1.69	21d	1	0.98mi
55 W Fall Creek Parkway South Dr Unit C Indianapolis, IN	2.0	1.0	1000	$1,035	$1.03	45d	1	0.99mi
2625 N Meridian St Indianapolis, IN	1.0–2.0	1.0–2.0	850	$2,150	$2.53	9d	8	1.14mi
2131 N Meridian St Indianapolis, IN	2.0	1.0	994	$1,455	$1.46	45d	1	1.19mi
1441 W Lynn Dr Indianapolis, IN	3.0	2.0	967	$1,550	$1.60	45d	1	1.23mi
3413 N Capitol Ave Indianapolis, IN	3.0	1.0	588	$1,299	$2.21	25d	1	1.26mi
1410 Breedlove Ln Indianapolis, IN	2.0	1.0–2.0	947	$2,557	$2.70	0d	61	1.30mi
3469 Graceland Ave Indianapolis, IN	2.0	1.0	1000	$1,200	$1.20	45d	1	1.30mi
1510 Stadium Way Unit Stadium Flats-2203 Indianapolis, IN	2.0	1.0	770	$1,462	$1.90	0d	1	1.32mi
1201 Indiana Ave Indianapolis, IN	1.0–3.0	1.0–3.5	967	$2,404	$2.49	0d	34	1.32mi
1401 Doctor Martin Luther King Junior St Indianapolis, IN	1.0–2.0	1.0	982	$1,875	$1.91	15d	1	1.33mi
3310 N Meridian St Indianapolis, IN	1.0–2.0	1.0	750	$1,150	$1.53	45d	3	1.33mi
75 W 18th St Indianapolis, IN	1.0–2.0	1.0–2.0	845	$2,395	$2.83	18d	8	1.35mi
2205 N Delaware St Indianapolis, IN	2.0	1.0–2.0	946	$1,950	$2.06	12d	5	1.35mi
2060 N Delaware St #3 Indianapolis, IN	2.0	1.0	750	$929	$1.24	0d	1	1.35mi

Listing history 26 events

1. 2026-06-21
   days on market $128,000 Active 220 DOM
2. 2026-06-18
   days on market $128,000 Active 217 DOM
3. 2026-06-17
   days on market $128,000 Active 216 DOM
4. 2026-06-16
   days on market $128,000 Active 215 DOM
5. 2026-06-15
   days on market $128,000 Active 214 DOM
6. 2026-06-13
   days on market $128,000 Active 212 DOM
7. 2026-06-13
   days on market $128,000 Active 211 DOM
8. 2026-06-09
   days on market $128,000 Active 208 DOM
9. 2026-06-08
   days on market $128,000 Active 207 DOM
10. 2026-06-07
    days on market $128,000 Active 206 DOM
11. 2026-06-03
    days on market $128,000 Active 202 DOM
12. 2026-06-02
    days on market $128,000 Active 201 DOM
13. 2026-06-01
    days on market $128,000 Active 200 DOM
14. 2026-05-31
    days on market $128,000 Active 199 DOM
15. 2026-05-10
    status Active 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

16. 2026-04-21
    status Pending 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

17. 2026-04-15
    price $128,000 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

18. 2026-04-01
    price $128,990 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

19. 2026-03-21
    price $129,990 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

20. 2026-03-19
    status Active 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

21. 2026-03-19
    status Pending 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

22. 2025-10-23
    listed $130,000 Active 974-char remark

    Show marketing remark (974 chars)

    Discover this inviting Bungalow style home awaiting you at 929 W 26th ST, INDIANAPOLIS, IN. This single-family residence in Marion County is ready for you to move in and make it your own. Home has freshly painted walls and doors with nice wood laminate flooring in kitchen and bath. Imagine preparing meals and entertaining in a kitchen that effortlessly combines style and functionality; the large kitchen island becomes a natural gathering point, while the stone look countertops offer a durable and elegant workspace. The fenced backyard offers a private outdoor space with a firepit for relaxation and recreation. Relax on the porch, enjoying the fresh air. This Beautiful Bungalow ranch home features three bedrooms and one full bathroom, all within a single story, providing comfortable and convenient living on a nice size lot with a private backyard. This charming residence presents an exceptional opportunity to embrace a simpler, more fulfilling lifestyle.

23. 2018-10-09
    soldstatus $67,500 Sold 390-char remark

    Show marketing remark (390 chars)

    TOTALLY RENOVATED AND LIKE A BRAND NEW HOME! TAKEN DOWN TO THE STUDS AND TOTALLY REBUILT! NEW KITCHEN WITH OAK CABINETS, CENTER ISLAND, ALL BRAND NEW APPLIANCES THAT SPARKLE! LIVING ROOM AND DINING ROOM! 3 BEDROOMS! OPEN FRONT PORCH FOR SUMMER FUN! THIS IS AN AREA THAT IS IMPROVING EVERY DAY! CONVENIENT TO INTERSTATE, AND SHORT WALK TO BUS ROUTE! AT THIS PRICE THIS IS A MUST SEE!

24. 2018-08-30
    status Pending 390-char remark

    Show marketing remark (390 chars)

    TOTALLY RENOVATED AND LIKE A BRAND NEW HOME! TAKEN DOWN TO THE STUDS AND TOTALLY REBUILT! NEW KITCHEN WITH OAK CABINETS, CENTER ISLAND, ALL BRAND NEW APPLIANCES THAT SPARKLE! LIVING ROOM AND DINING ROOM! 3 BEDROOMS! OPEN FRONT PORCH FOR SUMMER FUN! THIS IS AN AREA THAT IS IMPROVING EVERY DAY! CONVENIENT TO INTERSTATE, AND SHORT WALK TO BUS ROUTE! AT THIS PRICE THIS IS A MUST SEE!

25. 2018-08-11
    price $69,900 390-char remark

    Show marketing remark (390 chars)

    TOTALLY RENOVATED AND LIKE A BRAND NEW HOME! TAKEN DOWN TO THE STUDS AND TOTALLY REBUILT! NEW KITCHEN WITH OAK CABINETS, CENTER ISLAND, ALL BRAND NEW APPLIANCES THAT SPARKLE! LIVING ROOM AND DINING ROOM! 3 BEDROOMS! OPEN FRONT PORCH FOR SUMMER FUN! THIS IS AN AREA THAT IS IMPROVING EVERY DAY! CONVENIENT TO INTERSTATE, AND SHORT WALK TO BUS ROUTE! AT THIS PRICE THIS IS A MUST SEE!

26. 2018-07-30
    listed $79,900 Active 390-char remark

    Show marketing remark (390 chars)

    TOTALLY RENOVATED AND LIKE A BRAND NEW HOME! TAKEN DOWN TO THE STUDS AND TOTALLY REBUILT! NEW KITCHEN WITH OAK CABINETS, CENTER ISLAND, ALL BRAND NEW APPLIANCES THAT SPARKLE! LIVING ROOM AND DINING ROOM! 3 BEDROOMS! OPEN FRONT PORCH FOR SUMMER FUN! THIS IS AN AREA THAT IS IMPROVING EVERY DAY! CONVENIENT TO INTERSTATE, AND SHORT WALK TO BUS ROUTE! AT THIS PRICE THIS IS A MUST SEE!

ⓘ 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: $3,005 · $250/mo
• Projected year-2 tax: $3,005 · $250/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 ≥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: $15,825
• − Mortgage interest: −$7,170
• − Property taxes: −$3,005
• − Insurance: −$640
• − Repairs & maintenance: −$1,266
• − Management: −$1,266
• − Depreciation: −$3,724
• Taxable loss: −$1,246
• Est. tax savings @ 24.0%: +$299
• After-tax cash flow: $1,101/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

+60.2% since first listed

12 events — show timeline

• 2026-05-10 Relisted — MIBOR as Distributed by MLS Grid
• 2026-04-21 Pending — MIBOR as Distributed by MLS Grid
• 2026-04-15 Price Changed $128,000 MIBOR as Distributed by MLS Grid
• 2026-04-01 Price Changed $128,990 MIBOR as Distributed by MLS Grid
• 2026-03-21 Price Changed $129,990 MIBOR as Distributed by MLS Grid
• 2026-03-19 Relisted — MIBOR as Distributed by MLS Grid
• 2026-03-19 Pending — MIBOR as Distributed by MLS Grid
• 2025-10-23 Listed $130,000 MIBOR as Distributed by MLS Grid
• 2018-10-09 Sold (MLS) $67,500 MIBOR as Distributed by MLS Grid
• 2018-08-30 Pending — MIBOR as Distributed by MLS Grid
• 2018-08-11 Price Changed $69,900 MIBOR as Distributed by MLS Grid
• 2018-07-30 Listed $79,900 MIBOR as Distributed by MLS Grid

Property tax history

+22.2%/yr

Latest (2025): $3,005 · +15.9% YoY. Source: county tax records.