741 Greer St · Indianapolis city (balance), IN 46203

$244,900

5 bd · 2.5 ba · 2,752 sqft · SingleFamily public records · 435 Days on market

Built 1890 5,355 sqft lot $89/sqft · 37% below area Est $484k · 49% under ↓ 51% since listing

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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).

• ARV discount +15.0/15.0
• Cash flow +10.7/30.0
• 1% rule +6.7/10.0
• Rent growth +3.2/5.0
• DSCR +3.1/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

Key facts

• Two story home
• Corner lot
• 5,355 sq ft lot

Tags

• TWO STORY HOME
• CORNER LOT
• WELCOMING FRONT PORCH
• WALKING DISTANCE TO SHOPS
• WALKING DISTANCE TO DINING

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $-117 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $240k (2.1% below list).
• Meets the 1% rule at list price ($3k rent vs $245k).
• Recommended offer: $216k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.7% 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: 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 (+2.9%/yr); 500 active listings in the ZIP; 17 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).
• At $2,872/mo this rent would consume 60% of the median local household income ($57k/yr) (locally 1499% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 435 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 9y ago; this cycle's ask has dropped $205k (46%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.9% of price; built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $215,512 (12.0% below list)

Questions for the listing agent

1. 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?
2. It's been on market 435 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 1.17% ✓
• Cap rate: 5.72%
• Cash-on-cash: -2.04%
• DSCR: 0.91
• GRM: 7.1

CMA / ARV

• ARV (median comp): $484,038
• List price: $244,900
• Delta: -49.40%
• 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
704 Parkway Ave	0.50mi	4/3.5 (-1)	2,747 (-0%)	11mo	$435,000	$158	58
705 Prospect St	0.30mi	4/3.5 (-1)	3,054 (+11%)	1mo	$595,000	$195	58
1420 Woodlawn Ave	0.70mi	4/2.5 (-1)	2,841 (+3%)	0mo	$459,900	$162	57
709 Sanders St	0.42mi	4/4.5 (-1)	2,920 (+6%)	1mo	$645,000	$221	56
928 Woodlawn Ave	0.36mi	4/4.0 (-1)	2,558 (-7%)	7mo	$590,000	$231	55
719 Terrace Ave	0.58mi	4/2.0 (-1)	2,559 (-7%)	1mo	$279,900	$109	54
955 E Georgia St	0.61mi	4/2.0 (-1)	2,688 (-2%)	10mo	$180,003	$67	52
305 Parkway Ave	0.59mi	4/3.0 (-1)	2,561 (-7%)	4mo	$345,000	$135	50
1430 Fletcher Ave	0.70mi	4/3.5 (-1)	2,813 (+2%)	12mo	$505,000	$180	44
1140 Hoyt Ave	0.49mi	4/1.5 (-1)	2,441 (-11%)	8mo	$280,000	$115	43
725 Weghorst St	0.69mi	4/2.0 (-1)	2,565 (-7%)	8mo	$355,000	$138	42
1506 S New Jersey St	0.69mi	4/3.5 (-1)	2,552 (-7%)	7mo	$501,500	$197	41

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 · 2.88% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.31×
• Total profit: $-46,993
• Equity at exit: $36,515

10-year hold

• IRR: -12.3%
• Equity multiple: 0.27×
• Total profit: $-50,000
• Equity at exit: $21,174

Cash invested: $68,572 (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 46203

• Home prices YoY: -26.7%
• Rents YoY: 2.9%
• Active inventory: 500
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,872 high
• Mortgage (P&I): −$1,284
• Tax from tax record: −$999 /mo · $11,993/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$603
• Net cashflow: $-117

Break-even live

Break-even rent $3,020

Max offer price $239,856

Occupancy floor 99%

Sensitivity live

Price	-10% $746	-5% $661	+0% $-117	+5% $-186	+10% $-255
Rent	-10% $-344	-5% $-230	+0% $-117	+5% $-3	+10% $110
Rate	-1.0pp $7	-0.5pp $-54	base $-117	+0.5pp $-180	+1.0pp $-245

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: $61,225
• Closing costs: $7,347
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1027 Hosbrook St Indianapolis, IN	4.0	3.5	3612	$4,750	$1.32	19d	1	0.36mi
406 Parkway Ave Indianapolis, IN	4.0	2.5	2481	$2,250	$0.91	25d	1	0.50mi
818 Union St Indianapolis, IN	4.0	4.0	2624	$3,900	$1.49	25d	1	0.52mi
350 Terrace Ave Indianapolis, IN	4.0	2.5	2552	$3,000	$1.18	6d	1	0.56mi
350 Terrace Ave Indianapolis, IN	4.0	2.5	2552	$3,000	$1.18	25d	1	0.56mi
743 Cottage Ave Indianapolis, IN	5.0	2.0	2233	$1,995	$0.89	45d	1	0.60mi
350 E Minnesota St Unit 1 Indianapolis, IN	4.0	2.5	2500	$3,000	$1.20	0d	1	0.79mi
1205 Cottage Ave Unit 1372938P Indianapolis, IN	4.0	3.5	2680	$6,638	$2.48	45d	1	0.80mi
1409 Linden St Unit 1028898P Indianapolis, IN	5.0	6.0	2895	$14,651	$5.06	25d	1	0.82mi
1548 Lexington Ave Indianapolis, IN	4.0	3.0	2224	$2,250	$1.01	5d	1	0.83mi
1835 Applegate St Indianapolis, IN	4.0	3.0	2024	$2,300	$1.14	45d	1	0.91mi
50 N Illinois St Unit 1534468P Indianapolis, IN	1.0–5.0	1.5–4.0	1770	$8,117	$4.59	0d	5	1.06mi
1153 Villa Ave Indianapolis, IN	4.0	2.0	2880	$2,100	$0.73	25d	1	1.21mi
2201 Pleasant St Indianapolis, IN	4.0	3.0	2063	$2,495	$1.21	6d	1	1.24mi
29 N Walcott St Indianapolis, IN	4.0	3.0	2200	$2,400	$1.09	45d	1	1.26mi
1741 S State Ave Indianapolis, IN	4.0	2.0	2104	$2,200	$1.05	0d	1	1.26mi
1134 E Kelly St Indianapolis, IN	6.0	2.0	3100	$1,495	$0.48	25d	1	1.46mi

Listing history 26 events

1. 2026-06-13
   days on market $244,900 Active 435 DOM
2. 2026-06-09
   days on market $244,900 Active 432 DOM
3. 2026-06-08
   days on market $244,900 Active 431 DOM
4. 2026-06-07
   days on market $244,900 Active 430 DOM
5. 2026-06-03
   days on market $244,900 Active 426 DOM
6. 2026-06-02
   days on market $244,900 Active 425 DOM
7. 2026-06-01
   days on market $244,900 Active 424 DOM
8. 2026-05-31
   days on market $244,900 Active 423 DOM
9. 2026-03-20
   price $244,900 628-char remark

   Show marketing remark (628 chars)

   This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

10. 2026-03-10
    status Active 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

11. 2026-03-03
    status Pending 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

12. 2025-12-01
    status Active 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

13. 2025-12-01
    price $264,900 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

14. 2025-11-30
    historical 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

15. 2025-10-28
    price $274,900 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

16. 2025-07-15
    status Active 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

17. 2025-07-15
    price $299,900 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

18. 2025-06-30
    historical 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

19. 2025-05-15
    price $339,900 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

20. 2025-05-06
    price $359,900 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

21. 2025-04-29
    price $394,900 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

22. 2025-04-16
    price $424,900 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

23. 2025-03-11
    listed $449,900 Active 628-char remark

    Show marketing remark (628 chars)

    This charming two-story home, built in 1890, is located in the vibrant and walkable Fountain Square neighborhood of Indianapolis. Situated on a corner lot with a playground just across the street, this property offers both convenience and charm. With three bedrooms, two full bathrooms, and one half bath, it provides ample space for families or individuals seeking historic character. The house features a welcoming front porch and is within walking distance of popular shops, dining, and entertainment venues. This property is a fantastic opportunity to own a piece of history in one of Indianapolis's most sought-after areas!

24. 2017-09-19
    status Pending 518-char remark

    Show marketing remark (518 chars)

    Investors and Developers this property was developed in the late 1800s & has 4 home/ 1 lot. to many updates please look at photos. 741= 2200sq ft 2.5 bth Mstr main fl w/ walk in, full bth & porch access, ac-furnace & h2o under 5yrs. 628 & 632 McCarty has new furnace h2o and roof. All have updated plumbing sewer kitchens ect. 741 is rented 1500, 630 and 632 rented for 900. 628 is being prep for move in or rental. PLEASE be courteous of the tenants!!!! while listed 628 is vacant & can be shown.

25. 2017-08-16
    soldstatus $430,000 Sold 518-char remark

    Show marketing remark (518 chars)

    Investors and Developers this property was developed in the late 1800s & has 4 home/ 1 lot. to many updates please look at photos. 741= 2200sq ft 2.5 bth Mstr main fl w/ walk in, full bth & porch access, ac-furnace & h2o under 5yrs. 628 & 632 McCarty has new furnace h2o and roof. All have updated plumbing sewer kitchens ect. 741 is rented 1500, 630 and 632 rented for 900. 628 is being prep for move in or rental. PLEASE be courteous of the tenants!!!! while listed 628 is vacant & can be shown.

26. 2017-06-23
    listed $499,000 Active 518-char remark

    Show marketing remark (518 chars)

    Investors and Developers this property was developed in the late 1800s & has 4 home/ 1 lot. to many updates please look at photos. 741= 2200sq ft 2.5 bth Mstr main fl w/ walk in, full bth & porch access, ac-furnace & h2o under 5yrs. 628 & 632 McCarty has new furnace h2o and roof. All have updated plumbing sewer kitchens ect. 741 is rented 1500, 630 and 632 rented for 900. 628 is being prep for move in or rental. PLEASE be courteous of the tenants!!!! while listed 628 is vacant & can be shown.

ⓘ 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: $11,993 · $999/mo
• Projected year-2 tax: $11,993 · $999/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 100% 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: $34,467
• − Mortgage interest: −$13,718
• − Property taxes: −$11,993
• − Insurance: −$1,224
• − Repairs & maintenance: −$2,757
• − Management: −$2,757
• − Depreciation: −$7,124
• Taxable loss: −$5,108
• Est. tax savings @ 24.0%: +$1,226
• After-tax cash flow: $-174/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): 37,758
• Household income: $57,393
• Rent vs Own: 42.2% rent · 57.8% own
• Severe rent burden: 1499.0

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 White (69%)
• Race & ethnicity: White 69% Hispanic / Latino 14% Black 12% Two or more races 8% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 12% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 1%
• Foreign-born: 8% · Canada
• Languages at home: 88% English-only · Spanish 10% 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: ▼ -127.37%
• Current HPI: 349.579
• Rent YoY: ▲ 2.88%
• 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

-50.9% since first listed

18 events — show timeline

• 2026-03-20 Price Changed $244,900 MIBOR as Distributed by MLS Grid
• 2026-03-10 Relisted — MIBOR as Distributed by MLS Grid
• 2026-03-03 Pending — MIBOR as Distributed by MLS Grid
• 2025-12-01 Relisted — MIBOR as Distributed by MLS Grid
• 2025-12-01 Price Changed $264,900 MIBOR as Distributed by MLS Grid
• 2025-11-30 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-10-28 Price Changed $274,900 MIBOR as Distributed by MLS Grid
• 2025-07-15 Relisted — MIBOR as Distributed by MLS Grid
• 2025-07-15 Price Changed $299,900 MIBOR as Distributed by MLS Grid
• 2025-06-30 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-05-15 Price Changed $339,900 MIBOR as Distributed by MLS Grid
• 2025-05-06 Price Changed $359,900 MIBOR as Distributed by MLS Grid
• 2025-04-29 Price Changed $394,900 MIBOR as Distributed by MLS Grid
• 2025-04-16 Price Changed $424,900 MIBOR as Distributed by MLS Grid
• 2025-03-11 Listed $449,900 MIBOR as Distributed by MLS Grid
• 2017-09-19 Pending — MIBOR as Distributed by MLS Grid
• 2017-08-16 Sold (MLS) $430,000 MIBOR as Distributed by MLS Grid
• 2017-06-23 Listed $499,000 MIBOR as Distributed by MLS Grid

Property tax history

+21.7%/yr

Latest (2021): $11,993 · +5.8% YoY. Source: county tax records.