79 Vine St · Losantville, IN 47354

$69,900

2 bd · 1.0 ba · 1,083 sqft · SingleFamily public records · 1 Days on market

Built 1957 4,792 sqft lot Est $76k · 8% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +11.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• Appreciation +5.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0

Listing remarks MLS

Welcome to this charming 3 bedroom, 1 bathroom home situated on a spacious corner lot in Losantville! Conveniently located with quick access to Highway 36, this property offers both comfort and convenience. Inside, you’ll find hardwood floors and a functional layout with plenty of natural light. Recent updates include the heating and cooling systems and water heater. Outside, the oversized 2 car garage offers ample space for vehicles, storage, or a workshop. Don’t miss the opportunity to make this home your own!

Key facts

• Recent updates
• Natural light
• Functional layout

Tags

• CORNER LOT
• QUICK ACCESS TO HIGHWAY 36
• HARDWOOD FLOORS
• FUNCTIONAL LAYOUT
• NATURAL LIGHT
• RECENT UPDATES

Property features AI

Finance

• Other: Residential property

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water; Public sewer; Electric service
• Home design: Single-family site-built residence; One story
• Construction: Brick and vinyl siding exterior; Block foundation; Asphalt shingle roof; Above-grade finished area listed
• Exterior features: Partial fencing; Corner lot; Lot dimensions approximately 50 x 100

Interior

• Kitchen: Dishwasher; Microwave; Electric oven
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Heat pump electric heating; Central air conditioning; Heating and cooling present
• Interior features: Water softener owned; Crawl space basement
• Laundry & utility: Laundry on main level; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $355 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).

Location & tenants

• Location reads 59/100 on livability (#570 in IN) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime D+, amenities F.
• Union School Corporation (rural): math 12% / reading 28% proficiency, ranked #276 of 301 in IN (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Union Elementary School (math 22% / reading 27%, grade F, #762 of 994 statewide, top 78%, 125 students, 64% FRL); Union Junior & High School (math 8% / reading 32%, grade F, #345 of 369 statewide, top 95%, 139 students, 63% FRL).
• Market conditions: 5 active listings in the ZIP; 19 units permitted in Randolph County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($483 loan paydown + $2k appreciation (3.0% local appreciation)).
• Randolph County population projected at -26% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $69,900

Questions for the listing agent

1. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. 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.
6. 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.
7. 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: 1.44% ✓
• Cap rate: 12.39%
• Cash-on-cash: 21.79%
• DSCR: 1.97
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $75,810
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
25 Cherry St	0.02mi	3/1.0 (+1)	1,136 (+5%)	20mo	$73,500	$65	69
640 S Cherry St	0.30mi	1/1.0 (-1)	924 (-15%)	10mo	$65,000	$70	48

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.0%
• Equity multiple: 2.59×
• Total profit: $31,038
• Equity at exit: $31,430

10-year hold

• IRR: 28.5%
• Equity multiple: 5.02×
• Total profit: $78,771
• Equity at exit: $48,437

Cash invested: $19,572 (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 47354

• Active inventory: 5
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,004 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$42 /mo · $505/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$211
• Net cashflow: $355

Break-even live

Break-even rent $554

Max offer price $69,900

Occupancy floor 60%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-06-18
   remarks 517-char remark

   Show marketing remark (529 chars)

   Welcome to this charming 3 bedroom, 1 bathroom home situated on a spacious corner lot in Losantville! Conveniently located with quick access to Highway 36, this property offers both comfort and convenience. Inside, you’ll find hardwood floors and a functional layout with plenty of natural light. Recent updates include the heating and cooling systems and water heater. Outside, the oversized 2 car garage offers ample space for vehicles, storage, or a workshop. Don’t miss the opportunity to make this home your own!

2. 2026-06-18
   listed $69,900 Active 1 DOM

   Show marketing remark (529 chars)

   Welcome to this charming 3 bedroom, 1 bathroom home situated on a spacious corner lot in Losantville! Conveniently located with quick access to Highway 36, this property offers both comfort and convenience. Inside, you’ll find hardwood floors and a functional layout with plenty of natural light. Recent updates include the heating and cooling systems and water heater. Outside, the oversized 2 car garage offers ample space for vehicles, storage, or a workshop. Don’t miss the opportunity to make this home your own!

ⓘ 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: $505 · $42/mo
• Projected year-2 tax: $550 · $46/mo
• Expected delta: +$44/yr (+$4/mo · 8.8%)

ⓘ 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 ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,047
• − Mortgage interest: −$3,915
• − Property taxes: −$505
• − Insurance: −$350
• − Repairs & maintenance: −$964
• − Management: −$964
• − Depreciation: −$2,033
• Taxable income: $3,316
• Est. tax owed @ 24.0%: −$796
• After-tax cash flow: $3,468/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: Union School Corporation
• NCES district ID: 1811730
• Math proficiency: 12% ▬ 0.00%
• Reading proficiency: 28% ▲ 3.00%
• Median HH income: $42,889
• Composite: 17.17/100
• National rank: #9108
• State rank: #276 of 301 in IN

Livability — Losantville

• Score: 59/100
• State rank: #570
• US rank: #20411

Category grades

Amenities F Commute F Cost of living A+ Crime D+ Employment F Housing A+ Health & safety C- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Losantville, IN
• Population (ZIP): 1,122

Population outlook (Randolph County) Hauer SSP2

• Today (2025): 22,998 people
• By 2030: 21,815 · -5.1%
• By 2040: 19,360 · -15.8%
• By 2050: 17,010 · -26.0%
• By 2075: 12,491 · -45.7%
• By 2100: 8,986 · -60.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Slovak 10% Iranian 1% Hungarian 1%
• Languages at home: 99% English-only · Korean 1%

Political lean MEDSL · Randolph

• 2024 margin: Solid R (+53.7) · D 22.3% · R 75.9% · Other 1.8%
• 2008→2024 swing: -44.9pp toward R · 2008: -8.8pp · 2024: -53.7pp
• All cycles: 2024: R+53.7 2020: R+52.4 2016: R+48.5 2012: R+24.1 2008: R+8.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

+0.0% since first listed

2 events — show timeline

• 2026-06-18 Listed $69,900 RRELMS
• 2026-06-18 Listed $69,900 IRMLS

Property tax history

+3.5%/yr

Latest (2024): $505 · +5.7% YoY. Source: county tax records.