230 E 9th St #502 · 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 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 0.0%
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).
- ARV discount +15.0/15.0
- Appreciation +5.1/10.0
- Cash flow +4.3/30.0
- 1% rule +4.1/10.0
- Condition / age +4.0/5.0
- Rent growth +2.8/5.0
- Livability +2.5/5.0
- Schools +2.2/10.0
- DSCR +0.0/10.0
$160,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Check out this unique true one bedroom condo in the landmark Renaissance Tower building! Two studio units were combined to create a spacious retreat. One of the two walk-in closets is large enough to use as a den or an office. Located in the charming St. Joseph neighborhood on the near-north side of Downtown, it would be perfect for easy downtown living or as a rental property investment. Walk or bike to Mass Ave, Bottleworks, and the Cultural and Monon trails. Internet, water, sewer, and trash are all included in the low monthly dues. Unit includes one dedicated parking space. Leased through May 2026.
Key facts
- One bedroom condo
- $465 HOA
- Garage
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/2.0-bath condo listed at $160k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-425 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $99k (38.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (9.3% below list).
- Recommended offer: $99k (38.4% below list) — sets the bar for cash-flow.
- Cap rate 3.1% vs local median 4.5% in Indianapolis city (balance) — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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: Frederick Douglass School 19 (math 9% / reading 13%, grade F, #909 of 994 statewide, top 92%, 444 students, 81% 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) — zoned schools at 80% FRL track the district average.
- Market conditions: Rents rising (+1.2%/yr); 98 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 42d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,906 units permitted in Marion County in 2024 (621 in 5+ unit buildings).
Forward outlook
- In year one you build about $2k of equity ($1k loan paydown + $455 appreciation (0.3% local appreciation)).
- 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 492 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
- 10 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.
- Current owner paid $90k; list at $160k implies a 78% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 32% of rent; built in 1907 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 492 days. Have you received any prior offers? Is the seller open to a 38% concession, seller financing, or rate buy-down credit?
- Built in 1907 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- 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 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
- 0.91% ✗
- Cap rate
- 3.11%
- Cash-on-cash
- -11.37%
- DSCR
- 0.49
- GRM
- 9.2
CMA / ARV
- ARV (median comp)
- $229,754
- List price
- $160,000
- Delta
- -30.36%
- 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 |
|---|---|---|---|---|---|---|---|
| 108 E Saint Clair St Unit E | 0.15mi | 2/1.0 (+1) | 797 (-7%) | 2mo | $200,000 | $251 | 71 |
| 1404 Broadway St Unit G | 0.56mi | 1/1.0 | 842 (-1%) | 0mo | $133,000 | $158 | 67 |
| 825 N Delaware St Unit 3B | 0.06mi | 2/2.0 (+1) | 998 (+17%) | 0mo | $220,200 | $221 | 67 |
| 877 N East St Unit 401-A | 0.25mi | 1/1.0 | 949 (+11%) | 1mo | $412,000 | $434 | 65 |
| 226 N Cleveland St Unit B | 0.63mi | 1/1.5 | 892 (+4%) | 2mo | $254,000 | $285 | 59 |
| 430 N Park Ave #105 | 0.49mi | 1/1.0 | 927 (+8%) | 1mo | $259,900 | $280 | 58 |
| 350 N Meridian St #709 | 0.55mi | 1/1.0 | 916 (+7%) | 1mo | $200,000 | $218 | 58 |
| 215 N New Jersey St Unit C | 0.65mi | 1/1.0 | 892 (+4%) | 2mo | $235,000 | $263 | 57 |
| 355 E Ohio St #310 | 0.68mi | 1/1.5 | 901 (+6%) | 2mo | $250,000 | $277 | 55 |
| 1304 N Alabama St Unit D | 0.38mi | 1/1.0 | 664 (-22%) | 2mo | $171,000 | $258 | 52 |
| 1304 N Alabama St Unit A | 0.38mi | 1/1.0 | 656 (-23%) | 2mo | $172,000 | $262 | 52 |
| 230 N Cleveland St Unit 230B | 0.63mi | 2/2.0 (+1) | 996 (+17%) | 2mo | $300,000 | $301 | 38 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
0.28% appreciation · 1.2% rent growth · sell at horizon
- IRR
- -15.2%
- Equity multiple
- 0.29×
- Total profit
- $-31,852
- Equity at exit
- $48,745
- IRR
- -10.2%
- Equity multiple
- -0.07×
- Total profit
- $-48,081
- Equity at exit
- $60,450
Cash invested: $44,800 (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
Active competition Active MLS
- For sale now
- 0 active · 6 under contract
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 46204
- Home prices YoY
- 0.1%
- Rents YoY
- 1.2%
- Active inventory
- 98
- Price-to-rent
- 9.2×
Monthly cashflow live
- Estimated rent
- $1,451 high interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax est. 1.5%
- −$200 /mo · $2,400/yr
- Insurance
- −$67
- HOA
- −$465
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$305
- Net cashflow
- $-425
Break-even live
Sensitivity live
| Price | -10% $-314 | -5% $-369 | +0% $-425 | +5% $-480 | +10% $-535 |
|---|---|---|---|---|---|
| Rent | -10% $-539 | -5% $-482 | +0% $-425 | +5% $-367 | +10% $-310 |
| Rate | -1.0pp $-344 | -0.5pp $-384 | base $-425 | +0.5pp $-466 | +1.0pp $-508 |
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
- $40,000
- Closing costs
- $4,800
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 234 E 9th St Indianapolis, IN | 1.0–2.0 | 1.0 | 750 | $1,354 | $1.81 | 71d | 2 | 0.03mi |
| 824 N Alabama St Indianapolis, IN | 1.0 | 1.0 | 644 | $1,075 | $1.67 | 16d | 2 | 0.03mi |
| 830 Alabama St Unit 6 Indianapolis, IN | 1.0 | 1.0 | 729 | $970 | $1.33 | 72d | 1 | 0.04mi |
| 918 Fort Wayne Ave Indianapolis, IN | 1.0–3.0 | 1.0–3.0 | 1239 | $1,450 | $1.17 | 93d | 1 | 0.08mi |
| 311 E Saint Clair St Indianapolis, IN | 2.0 | 1.5 | 1120 | $2,300 | $2.05 | 71d | 1 | 0.12mi |
| 650 Alabama St Indianapolis, IN | 3.0 | 1.0–2.0 | 1199 | $1,948 | $1.62 | 9d | 27 | 0.16mi |
| 243 E 11th St Unit 3 Indianapolis, IN | 1.0 | 1.0 | 750 | $1,300 | $1.73 | 42d | 1 | 0.20mi |
| 243 E 11th St Unit 2 Indianapolis, IN | 1.0 | 1.0 | 750 | $1,295 | $1.73 | 52d | 1 | 0.20mi |
| 1101 N Alabama St Indianapolis, IN | 1.0 | 1.0 | 687 | $1,200 | $1.75 | 21d | 8 | 0.23mi |
| 1040 N Delaware St Ste 502 Indianapolis, IN | 1.0 | 1.0 | 755 | $1,325 | $1.75 | 72d | 1 | 0.23mi |
| 726 N East St Indianapolis, IN | 1.0 | 1.0 | 700 | $1,300 | $1.86 | 9d | 12 | 0.23mi |
| 450 E Walnut St Indianapolis, IN | 1.0 | 1.0 | 586 | $1,285 | $2.19 | 17d | 1 | 0.24mi |
| 923 N Meridian St Indianapolis, IN | 2.0 | 1.0–2.0 | 822 | $1,592 | $1.94 | 9d | 16 | 0.24mi |
| 902 N Meridian St Indianapolis, IN | 1.0–2.0 | 1.0–2.0 | 1142 | $1,575 | $1.38 | 42d | 5 | 0.27mi |
| 226 E 12th St Indianapolis, IN | 1.0 | 1.0 | 505 | $970 | $1.92 | 24d | 4 | 0.30mi |
| 1219 N Alabama St Indianapolis, IN | 1.0 | 1.0 | 800 | $1,675 | $2.09 | 72d | 1 | 0.33mi |
| 501n N New Jersey St Unit 1378236P Indianapolis, IN | 2.0 | 1.0–2.0 | 1006 | $3,167 | $3.15 | 41d | 3 | 0.33mi |
| 609 E 10th St Indianapolis, IN | 1.0 | 1.0 | 1000 | $1,200 | $1.20 | 93d | 1 | 0.33mi |
| 530 Massachusetts Ave Indianapolis, IN | 2.0 | 1.0–2.0 | 920 | $2,184 | $2.37 | 9d | 25 | 0.33mi |
| 920 Broadway St Unit B Indianapolis, IN | 2.0 | 1.5 | 1018 | $1,895 | $1.86 | 13d | 1 | 0.35mi |
| 920 Broadway St Unit B Indianapolis, IN | 2.0 | 1.5 | 1018 | $2,250 | $2.21 | 28d | 1 | 0.35mi |
| 525 Massachusetts Ave Indianapolis, IN | 1.0–2.0 | 1.0–2.0 | 1120 | $1,399 | $1.25 | 9d | 8 | 0.37mi |
| 430 Massachusetts Ave Unit 503A-40 Indianapolis, IN | 2.0 | 1.0 | 882 | $846 | $0.96 | 93d | 1 | 0.39mi |
| 430 Massachusetts Ave Unit 501A-60% Indianapolis, IN | 1.0 | 1.0 | 673 | $1,118 | $1.66 | 53d | 1 | 0.39mi |
| 430 Massachusetts Ave Unit 401A-50% Indianapolis, IN | 1.0 | 1.0 | 673 | $911 | $1.35 | 63d | 1 | 0.39mi |
| 430 Massachusetts Ave Apt 210 Indianapolis, IN | 1.0 | 1.0 | 550 | $1,150 | $2.09 | 93d | 1 | 0.39mi |
| 430 Massachusetts Ave Unit 302 Indianapolis, IN | 1.0 | 1.0 | 741 | $1,267 | $1.71 | 36d | 1 | 0.39mi |
| 429 N Pennsylvania St Indianapolis, IN | 1.0 | 1.0 | 882 | $2,250 | $2.55 | 93d | 1 | 0.40mi |
| 425 Massachusetts Ave Indianapolis, IN | 1.0 | 1.0 | 843 | $1,900 | $2.25 | 93d | 1 | 0.41mi |
| 11 E Michigan St Unit 11 Indianapolis, IN | 1.0 | 1.0 | 650 | $799 | $1.23 | 93d | 1 | 0.42mi |
| 423 E Michigan St Indianapolis, IN | 2.0 | 2.0 | 632 | $1,988 | $3.15 | 9d | 10 | 0.42mi |
| 421 N Pennsylvania St Indianapolis, IN | 3.0 | 1.0–2.0 | 974 | $2,431 | $2.50 | 9d | 24 | 0.43mi |
| 402 N Delaware St Unit 105 Indianapolis, IN | 1.0 | 1.0 | 678 | $1,160 | $1.71 | 65d | 1 | 0.43mi |
| 402 N Delaware St Unit 306 Indianapolis, IN | 1.0 | 1.0 | 620 | $1,000 | $1.61 | 93d | 1 | 0.43mi |
| 406 N Delaware St Unit 109 Indianapolis, IN | 1.0 | 1.0 | 720 | $1,100 | $1.53 | 13d | 1 | 0.43mi |
| 126 E Vermont St Indianapolis, IN | 1.0 | 1.0 | 670 | $1,150 | $1.72 | 9d | 5 | 0.44mi |
| 747 N College Ave Unit 1378237P Indianapolis, IN | 1.0–2.0 | 1.0–2.0 | 941 | $2,393 | $2.54 | 9d | 2 | 0.45mi |
| 1321 N Meridian St Indianapolis, IN | 2.0 | 1.0–2.5 | 1038 | $1,642 | $1.58 | 9d | 81 | 0.46mi |
| 658 E 11th St Indianapolis, IN | 1.0–2.0 | 1.0 | 600 | $915 | $1.52 | 21d | 6 | 0.47mi |
| 333 N Pennsylvania St Unit 605 Indianapolis, IN | 1.0 | 1.0 | 698 | $1,299 | $1.86 | 69d | 1 | 0.47mi |
HOA detail $465/mo · $5,580/yr condo
- Likely covers
- watersewertrashinternet
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $160,000 Active 492 DOM
-
2026-08-07days on market $160,000 Active 491 DOM
-
2026-08-06days on market $160,000 Active 490 DOM
-
2026-08-05days on market $160,000 Active 489 DOM
-
2026-08-04days on market $160,000 Active 488 DOM
-
2026-08-03days on market $160,000 Active 487 DOM
-
2026-07-31days on market $160,000 Active 484 DOM
-
2026-07-30days on market $160,000 Active 483 DOM
-
2026-07-30days on market $160,000 Active 482 DOM
-
2026-07-28days on market $160,000 Active 481 DOM
-
2026-07-26days on market $160,000 Active 479 DOM
-
2026-07-24days on market $160,000 Active 477 DOM
-
2026-07-23days on market $160,000 Active 476 DOM
-
2026-07-22days on market $160,000 Active 475 DOM
-
2026-07-21remarks 617-char remark
-
2026-07-21days on market $160,000 Active 474 DOM
-
2026-07-20days on market $160,000 Active 473 DOM
-
2026-07-18days on market $160,000 Active 471 DOM
-
2026-07-18days on market $160,000 Active 470 DOM
-
2026-07-16days on market $160,000 Active 469 DOM
-
2026-07-15days on market $160,000 Active 468 DOM
-
2026-07-14days on market $160,000 Active 467 DOM
-
2026-07-13days on market $160,000 Active 466 DOM
-
2026-07-13days on market $160,000 Active 465 DOM
-
2026-07-11days on market $160,000 Active 464 DOM
-
2026-07-10days on market $160,000 Active 463 DOM
-
2026-07-09days on market $160,000 Active 462 DOM
-
2026-07-07days on market $160,000 Active 460 DOM
-
2026-07-06days on market $160,000 Active 459 DOM
-
2026-07-05days on market $160,000 Active 458 DOM
-
2026-07-03days on market $160,000 Active 456 DOM
-
2026-07-02days on market $160,000 Active 455 DOM
-
2026-07-01days on market $160,000 Active 454 DOM
-
2026-06-30days on market $160,000 Active 453 DOM
-
2026-06-29days on market $160,000 Active 452 DOM
-
2026-06-28days on market $160,000 Active 451 DOM
-
2026-06-27days on market $160,000 Active 450 DOM
-
2026-06-26days on market $160,000 Active 449 DOM
-
2026-06-25days on market $160,000 Active 447 DOM
-
2026-06-22days on market $160,000 Active 445 DOM
-
2026-06-21days on market $160,000 Active 444 DOM
-
2026-06-18days on market $160,000 Active 441 DOM
-
2026-06-17days on market $160,000 Active 440 DOM
-
2026-06-16days on market $160,000 Active 439 DOM
-
2026-06-15days on market $160,000 Active 438 DOM
-
2026-06-13days on market $160,000 Active 436 DOM
-
2026-06-13days on market $160,000 Active 435 DOM
-
2026-06-09days on market $160,000 Active 432 DOM
-
2026-06-08days on market $160,000 Active 431 DOM
-
2026-06-07days on market $160,000 Active 430 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,409
- − Mortgage interest
- −$8,962
- − Property taxes
- −$2,400
- − Insurance
- −$800
- − Repairs & maintenance
- −$1,393
- − Management
- −$1,393
- − HOA
- −$5,580
- − Depreciation
- −$4,655
- Taxable loss
- −$7,774
- Est. tax savings @ 24.0%
- +$1,866
- After-tax cash flow
- $-3,230/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.
Condition & rehab AI · 12 photos
This one-bedroom condo in the Renaissance Tower building is in good condition with modern amenities and a good location. It is move-in ready and would be a great investment for both resale and rental purposes.
Value-add opportunities
- Both Painting exterior brick — Enhances curb appeal and can increase both resale and rental value ↑
- Both Landscaping improvements — Enhances curb appeal and can increase both resale and rental value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 1,025,572 people
- City population
- 881,119
- Metro
- Indianapolis-Carmel-Anderson, IN
- Population (ZIP)
- 11,400
- Household income
- $86,396
- Rent vs Own
- Severe rent burden
- 8% of renters
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 White (66%)
- Race & ethnicity
- White 66% Black 18% Two or more races 8% Hispanic / Latino 7% Asian 5%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 1%
- Common ancestry
- Lithuanian 2% Romanian 2% Slovak 2%
- Foreign-born
- 10% · Canada, South Korea, China
- Languages at home
- 86% English-only · Spanish 7% Other Indo-European 4% Arabic 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
- ▲ 0.28%
- Current HPI
- 189.7215
- Rent YoY
- ▲ 1.20%
- 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
+77.8% since first listed28 events — show timeline
- 2025-04-03 Listed $160,000 MIBOR as Distributed by MLS Grid
- 2024-11-11 Listing Removed — MIBOR as Distributed by MLS Grid
- 2024-08-01 Relisted — MIBOR as Distributed by MLS Grid
- 2024-07-31 Listing Removed — MIBOR as Distributed by MLS Grid
- 2024-07-30 Price Changed $169,000 MIBOR as Distributed by MLS Grid
- 2023-12-01 Relisted — MIBOR as Distributed by MLS Grid
- 2023-11-30 Listing Removed — MIBOR as Distributed by MLS Grid
- 2023-10-03 Relisted — MIBOR as Distributed by MLS Grid
- 2023-10-02 Relisted — MIBOR as Distributed by MLS Grid
- 2023-09-30 Listing Removed — MIBOR as Distributed by MLS Grid
- 2023-09-30 Listing Removed — MIBOR as Distributed by MLS Grid
- 2023-09-06 Price Changed $179,000 MIBOR as Distributed by MLS Grid
- 2023-06-26 Price Changed $189,000 MIBOR as Distributed by MLS Grid
- 2023-04-25 Price Changed $199,900 MIBOR as Distributed by MLS Grid
- 2023-03-30 Listed $215,000 MIBOR as Distributed by MLS Grid
- 2022-11-30 Listing Removed — MIBOR as Distributed by MLS Grid
- 2022-11-04 Relisted — MIBOR as Distributed by MLS Grid
- 2022-11-01 Price Changed $180,000 MIBOR as Distributed by MLS Grid
- 2022-10-31 Listing Removed — MIBOR as Distributed by MLS Grid
- 2022-09-21 Price Changed $185,000 MIBOR as Distributed by MLS Grid
- 2022-08-23 Price Changed $199,000 MIBOR as Distributed by MLS Grid
- 2022-08-10 Price Changed $214,900 MIBOR as Distributed by MLS Grid
- 2022-07-06 Listed $225,000 MIBOR as Distributed by MLS Grid
- 2019-02-26 Listing Removed — MIBOR as Distributed by MLS Grid
- 2018-04-24 Price Changed $185,000 MIBOR as Distributed by MLS Grid
- 2018-03-11 Listed $189,900 MIBOR as Distributed by MLS Grid
- 2005-12-07 Listed $90,000 MIBOR as Distributed by MLS Grid
- 2005-12-05 Sold (MLS) $90,000 MIBOR as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
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