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1621 E 46th St
D Composite 43.73
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 +13.9/15.0
  • Cash flow +13.0/30.0
  • Rent growth +4.1/5.0
  • DSCR +3.9/10.0
  • 1% rule +2.6/10.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.4/10.0
  • Appreciation +0.0/10.0

$228,000

1621 E 46th St · Indianapolis city (balance), IN 46205
3 bd · 2.0 ba · 1,632 sqft · SingleFamily public records · 47 Days on market
Built 1947 6,186 sqft lot $140/sqft · 12% above area Est $266k · 14% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Large SoBro home on a corner lot! Welcome to this 3 bedroom home just 2 blocks away from Loom & Gold Leaf. This home features 3 proper bedrooms and 1 full bath. Second bathroom in the basement is not currently functional, but has potential. 4th bedroom on the main level with separate entry could be secondary living space, room rental, etc. Large, clean basement offers plenty of storage. Off-street parking on the drive W of the house. HVAC new in 2018, WH new in 2017, Refrigerator new in 2020. With a little bit of TLC, this home could make a great income property or primary residence! Sold "as-is."

Key facts

  • Versatile layout
  • Two kitchens
  • Move in ready

Tags

MOVE IN READYVERSATILE LAYOUTTWO SEPARATE LIVING SPACESTWO KITCHENS

Property features AI

Exterior

  • Parking: Gravel parking
  • Utilities: Public water; Municipal sewer connected; Solid waste service available
  • Home design: Single-family residence; Two levels; Less than 1/4 acre lot (0.14 acres)
  • Construction: Aluminum siding; Block foundation
  • Exterior features: Chain link full front-yard fence

Interior

  • Kitchen: Eat-in kitchen; Electric oven; Refrigerator
  • Bedrooms: Five bedrooms total (3 on main level, 2 on upper level)
  • Bathrooms: Two full bathrooms total; Primary bathroom includes a full tub
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning; Window air unit(s)
  • Interior features: Vaulted ceilings; In-law arrangement; Eat-in kitchen; Painted woodwork
  • Laundry & utility: Washer; Dryer; Gas water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $228k.

Deal economics

  • At list price, monthly cash flow is $-14 ($-167/yr) — negative.
  • To cash-flow at today's rent, offer at most $226k (1.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $173k (24.2% below list).
  • Recommended offer: $173k (24.2% below list) — sets the bar for 1% rule.
  • Cap rate 6.2% 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.
  • Zoned schools: Center For Inquiry School 84 (math 64% / reading 69%, grade B+, #65 of 994 statewide, top 7%, 469 students, 8% FRL); H L Harshman Middle School (math 3% / reading 16%, grade F, #316 of 330 statewide, top 96%, 549 students, 84% FRL) — zoned schools average 46% FRL vs 77% district-wide (31 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 38% at this address vs 17% district-wide (+21 pts) — the actual schools serving this property are materially stronger than the Indianapolis Public Schools average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+6.2%/yr); 317 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); 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 $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 47 days — a 3% lower offer ($221k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 16y 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 $152k; list at $228k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $172,840 (24.2% 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 47 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
  3. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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
0.76%
Cap rate
6.22%
Cash-on-cash
-0.26%
DSCR
0.99
GRM
11.0

CMA / ARV

ARV (median comp)
$265,695
List price
$228,000
Delta
-14.19%
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
4534 Norwaldo Ave 0.14mi 3/1.0 1,728 (+6%) 1mo $145,000 $84 79
4549 Caroline Ave 0.35mi 3/2.5 1,683 (+3%) 1mo $297,000 $176 76
4850 Carvel Ave 0.45mi 3/1.5 1,650 (+1%) 1mo $275,000 $167 74
5124 Primrose Ave 0.41mi 3/1.0 1,592 (-2%) 1mo $240,000 $151 72
5121 Rosslyn Ave 0.42mi 2/2.0 (-1) 1,664 (+2%) 1mo $200,000 $120 72
4840 Crittenden Ave 0.26mi 3/1.5 1,830 (+12%) 1mo $274,900 $150 65
5220 N Ralston Ave 0.57mi 2/1.0 (-1) 1,640 (+0%) 1mo $263,900 $161 63
4435 Winthrop Ave 0.53mi 2/1.0 (-1) 1,499 (-8%) 1mo $265,000 $177 52
5118 Rosslyn Ave 0.41mi 2/1.0 (-1) 1,440 (-12%) 0mo $259,000 $180 52
5364 Primrose Ave 0.73mi 2/1.0 (-1) 1,716 (+5%) 1mo $259,000 $151 48
5218 Kingsley Dr 0.57mi 2/2.0 (-1) 1,852 (+14%) 2mo $285,000 $154 45
5132 Guilford Ave 0.74mi 2/2.0 (-1) 1,472 (-10%) 1mo $340,213 $231 43

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 · 6.21% rent growth · sell at horizon

5-year hold
IRR
-13.7%
Equity multiple
0.50×
Total profit
$-32,167
Equity at exit
$33,996
10-year hold
IRR
-0.9%
Equity multiple
0.93×
Total profit
$-4,283
Equity at exit
$19,713

Cash invested: $63,840 (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.

ZIP-level market 46205

Rents YoY
6.2%
Active inventory
317
Price-to-rent
11.0×

Monthly cashflow live

Estimated rent
$1,728 high interval (Pro) →
Mortgage (P&I)
$1,196
Tax from tax record
$89 /mo · $1,065/yr
Insurance
$95
HOA
$0
Vacancy / Maint / Mgmt
$363
Net cashflow
$-14

Break-even live

Break-even rent $1,746
Max offer price $225,535
Occupancy floor 96%

Sensitivity live

Price -10% $115 -5% $51 +0% $-14 +5% $-78 +10% $-143
Rent -10% $-150 -5% $-82 +0% $-14 +5% $54 +10% $123
Rate -1.0pp $101 -0.5pp $44 base $-14 +0.5pp $-73 +1.0pp $-133

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
$57,000
Closing costs
$6,840
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1414 E 46th St Indianapolis, IN 3.0 2.0 2155 $1,800 $0.84 45d 1 0.15mi
4521 Norwaldo Ave Unit B Indianapolis, IN 2.0 1.5 1054 $1,600 $1.52 45d 1 0.19mi
4812 Norwaldo Ave Indianapolis, IN 3.0 2.5 1536 $1,995 $1.30 25d 1 0.20mi
4448 Evanston Ave Unit B Indianapolis, IN 2.0 1.5 1500 $1,400 $0.93 45d 1 0.34mi
4448 Evanston Ave Unit B Indianapolis, IN 2.0 1.5 1500 $1,275 $0.85 23d 1 0.34mi
4448 Evanston Ave Unit B Indianapolis, IN 2.0 1.5 1500 $1,275 $0.85 0d 1 0.34mi
4303 Norwaldo Ave Indianapolis, IN 3.0 1.0 1050 $1,200 $1.14 45d 1 0.39mi
5110 Norwaldo Ave Unit 1537772P Indianapolis, IN 2.0 2.5 1797 $3,692 $2.05 0d 1 0.41mi
4301 Crittenden Ave Indianapolis, IN 2.0 1.0 1376 $1,350 $0.98 45d 1 0.43mi
5018 Lemans Dr Indianapolis, IN 4.0 1.0–2.0 762 $1,409 $1.85 0d 35 0.48mi
5220 Luzzane Dr Indianapolis, IN 1.0–3.0 1.0–2.0 1046 $1,920 $1.83 18d 19 0.62mi
5220 Luzzane Dr Indianapolis, IN 1.0–3.0 1.0–2.0 948 $1,711 $1.80 46d 5 0.62mi
5220 Luzzane Ln Unit C-F Indianapolis, IN 3.0 2.0 1145 $1,189 $1.04 9d 1 0.63mi
4340 Guilford Ave Indianapolis, IN 2.0 1.0 1200 $1,400 $1.17 23d 1 0.66mi
5316 Primrose Ave Indianapolis, IN 2.0 1.0 1646 $1,550 $0.94 45d 1 0.67mi
2135 Winthrop Ave Indianapolis, IN 1.0–3.0 1.0–2.0 926 $2,400 $2.59 9d 1 0.70mi
4704 N College Ave Indianapolis, IN 3.0 1.5 2049 $1,695 $0.83 0d 1 0.73mi
4704 N College Ave Indianapolis, IN 3.0 1.5 2049 $1,695 $0.83 15d 1 0.73mi
5301 Evanston Ct Indianapolis, IN 3.0 2.0 2111 $3,099 $1.47 4d 1 0.74mi
5352 Crittenden Ave Indianapolis, IN 2.0 1.0 1106 $1,720 $1.56 25d 1 0.76mi
5380 Primrose Ave Indianapolis, IN 2.0 2.0 2002 $2,250 $1.12 45d 1 0.76mi
645 E 49th St Indianapolis, IN 3.0 1.0 1082 $1,750 $1.62 5d 1 0.80mi
2947 E 47th St Unit D Indianapolis, IN 2.0 2.0 1133 $1,074 $0.95 3d 1 0.93mi
4400 E Fall Creek Parkway North Dr Indianapolis, IN 1.0–2.0 1.0–1.5 857 $1,349 $1.57 0d 34 0.94mi
4073 N College Ave Indianapolis, IN 2.0 2.5 2000 $2,500 $1.25 45d 1 0.95mi
4071 N College Ave Indianapolis, IN 2.0 2.5 2000 $2,200 $1.10 6d 1 0.95mi
3011 E 47th St Unit D Indianapolis, IN 2.0 2.0 1133 $1,099 $0.97 0d 1 0.99mi
3031 E 47th St Apt E Indianapolis, IN 2.0 2.0 1133 $1,074 $0.95 9d 1 1.01mi
3039 E 47th St Indianapolis, IN 2.0 2.0 1133 $1,086 $0.96 4d 7 1.02mi
4040 N College Ave Indianapolis, IN 3.0 1.5 1280 $1,900 $1.48 9d 1 1.02mi
525 E 52nd St Indianapolis, IN 3.0 1.5 1080 $1,600 $1.48 25d 1 1.02mi
5601 Ralston Ave Unit B Indianapolis, IN 4.0 3.0 2000 $2,200 $1.10 25d 1 1.05mi
2221 E 38th St Indianapolis, IN 2.0 1.0 1728 $999 $0.58 16d 1 1.11mi
3736 Kinnear Ave Indianapolis, IN 3.0 2.0 2180 $1,450 $0.67 45d 1 1.12mi
5446 N College Ave Indianapolis, IN 2.0 1.5 1064 $1,800 $1.69 25d 1 1.15mi
3851 Broadway St Indianapolis, IN 3.0 1.0 1513 $1,950 $1.29 19d 1 1.20mi
4022 Central Ave Indianapolis, IN 3.0 1.0 1288 $1,500 $1.16 23d 1 1.22mi
3716 N College Ave Unit 3 Indianapolis, IN 2.0 2.0 1100 $1,450 $1.32 45d 1 1.32mi
3541 Birchwood Ave Indianapolis, IN 3.0 1.0 1400 $1,549 $1.11 13d 1 1.34mi
5611 N Rural St Indianapolis, IN 2.0 1.5 1156 $1,425 $1.23 45d 1 1.34mi

Listing history 32 events

  1. 2026-06-21
    days on market $228,000 Active 47 DOM
  2. 2026-06-18
    days on market $228,000 Active 44 DOM
  3. 2026-06-17
    days on market $228,000 Active 43 DOM
  4. 2026-06-16
    days on market $228,000 Active 42 DOM
  5. 2026-06-15
    days on market $228,000 Active 41 DOM
  6. 2026-06-13
    days on market $228,000 Active 39 DOM
  7. 2026-06-13
    days on market $228,000 Active 38 DOM
  8. 2026-06-09
    days on market $228,000 Active 35 DOM
  9. 2026-06-08
    days on market $228,000 Active 34 DOM
  10. 2026-06-07
    days on market $228,000 Active 33 DOM
  11. 2026-06-03
    days on market $228,000 Active 29 DOM
  12. 2026-06-02
    days on market $228,000 Active 28 DOM
  13. 2026-06-01
    days on market $228,000 Active 27 DOM
  14. 2026-05-31
    days on market $228,000 Active 26 DOM
  15. 2026-05-04
    listed $228,000 Active 1006-char remark
  16. 2026-03-31
    historical
  17. 2026-03-09
    status Active
  18. 2026-02-14
    status Pending
  19. 2026-01-28
    price $250,000
  20. 2025-10-28
    listed $270,000 Active
  21. 2024-02-23
    soldstatus $152,000 Closed
    Show marketing remark (618 chars)

    Large SoBro home on a corner lot! Welcome to this 3 bedroom home just 2 blocks away from Loom & Gold Leaf. This home features 3 proper bedrooms and 1 full bath. Second bathroom in the basement is not currently functional, but has potential. 4th bedroom on the main level with separate entry could be secondary living space, room rental, etc. Large, clean basement offers plenty of storage. Off-street parking on the drive W of the house. HVAC new in 2018, WH new in 2017, Refrigerator new in 2020. With a little bit of TLC, this home could make a great income property or primary residence! Sold "as-is."

  22. 2024-01-13
    status Pending
    Show marketing remark (618 chars)

    Large SoBro home on a corner lot! Welcome to this 3 bedroom home just 2 blocks away from Loom & Gold Leaf. This home features 3 proper bedrooms and 1 full bath. Second bathroom in the basement is not currently functional, but has potential. 4th bedroom on the main level with separate entry could be secondary living space, room rental, etc. Large, clean basement offers plenty of storage. Off-street parking on the drive W of the house. HVAC new in 2018, WH new in 2017, Refrigerator new in 2020. With a little bit of TLC, this home could make a great income property or primary residence! Sold "as-is."

  23. 2023-12-15
    status Active
    Show marketing remark (618 chars)

    Large SoBro home on a corner lot! Welcome to this 3 bedroom home just 2 blocks away from Loom & Gold Leaf. This home features 3 proper bedrooms and 1 full bath. Second bathroom in the basement is not currently functional, but has potential. 4th bedroom on the main level with separate entry could be secondary living space, room rental, etc. Large, clean basement offers plenty of storage. Off-street parking on the drive W of the house. HVAC new in 2018, WH new in 2017, Refrigerator new in 2020. With a little bit of TLC, this home could make a great income property or primary residence! Sold "as-is."

  24. 2023-12-15
    price $155,000
    Show marketing remark (618 chars)

    Large SoBro home on a corner lot! Welcome to this 3 bedroom home just 2 blocks away from Loom & Gold Leaf. This home features 3 proper bedrooms and 1 full bath. Second bathroom in the basement is not currently functional, but has potential. 4th bedroom on the main level with separate entry could be secondary living space, room rental, etc. Large, clean basement offers plenty of storage. Off-street parking on the drive W of the house. HVAC new in 2018, WH new in 2017, Refrigerator new in 2020. With a little bit of TLC, this home could make a great income property or primary residence! Sold "as-is."

  25. 2023-11-23
    status Pending
    Show marketing remark (618 chars)

    Large SoBro home on a corner lot! Welcome to this 3 bedroom home just 2 blocks away from Loom & Gold Leaf. This home features 3 proper bedrooms and 1 full bath. Second bathroom in the basement is not currently functional, but has potential. 4th bedroom on the main level with separate entry could be secondary living space, room rental, etc. Large, clean basement offers plenty of storage. Off-street parking on the drive W of the house. HVAC new in 2018, WH new in 2017, Refrigerator new in 2020. With a little bit of TLC, this home could make a great income property or primary residence! Sold "as-is."

  26. 2023-11-15
    listed $165,000 Active
    Show marketing remark (618 chars)

    Large SoBro home on a corner lot! Welcome to this 3 bedroom home just 2 blocks away from Loom & Gold Leaf. This home features 3 proper bedrooms and 1 full bath. Second bathroom in the basement is not currently functional, but has potential. 4th bedroom on the main level with separate entry could be secondary living space, room rental, etc. Large, clean basement offers plenty of storage. Off-street parking on the drive W of the house. HVAC new in 2018, WH new in 2017, Refrigerator new in 2020. With a little bit of TLC, this home could make a great income property or primary residence! Sold "as-is."

  27. 2011-10-27
    historical
  28. 2011-10-25
    soldstatus $24,000
  29. 2011-07-06
    listed $32,000
  30. 2010-06-15
    historical
  31. 2010-01-11
    listed $63,982
  32. 2002-02-13
    soldstatus $78,059

ⓘ 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
$1,065 · $89/mo
Projected year-2 tax
$1,501 · $125/mo
Expected delta
+$437/yr (+$36/mo · 41.0%)

ⓘ 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

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,741
− Mortgage interest
−$12,772
− Property taxes
−$1,065
− Insurance
−$1,140
− Repairs & maintenance
−$1,659
− Management
−$1,659
− Depreciation
−$6,633
Taxable loss
−$4,187
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,005
After-tax cash flow
$837/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)
28,259
Household income
$72,417
Rent vs Own
46.3% rent · 53.7% own
Severe rent burden
1149.0

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 0.64)
Race & ethnicity
White 50% Black 32% Two or more races 10% Hispanic / Latino 7% Asian 3%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Italian 3% Slovak 2% Romanian 2%
Foreign-born
5% · Canada
Languages at home
89% English-only · Spanish 6% Other Indo-European 2% German/W. Germanic 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
▼ -322.77%
Current HPI
380.5407
Rent YoY
▲ 6.21%
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

Price history

+192.1% since first listed
18 events — show timeline
  • 2026-05-04 Listed $228,000 MIBOR as Distributed by MLS Grid
  • 2026-03-31 Listing Removed MIBOR as Distributed by MLS Grid
  • 2026-03-09 Relisted MIBOR as Distributed by MLS Grid
  • 2026-02-14 Pending MIBOR as Distributed by MLS Grid
  • 2026-01-28 Price Changed $250,000 MIBOR as Distributed by MLS Grid
  • 2025-10-28 Listed $270,000 MIBOR as Distributed by MLS Grid
  • 2024-02-23 Sold (MLS) $152,000 MIBOR as Distributed by MLS Grid
  • 2024-01-13 Pending MIBOR as Distributed by MLS Grid
  • 2023-12-15 Relisted MIBOR as Distributed by MLS Grid
  • 2023-12-15 Price Changed $155,000 MIBOR as Distributed by MLS Grid
  • 2023-11-23 Pending MIBOR as Distributed by MLS Grid
  • 2023-11-15 Listed $165,000 MIBOR as Distributed by MLS Grid
  • 2011-10-27 Listing Removed MIBOR as Distributed by MLS Grid
  • 2011-10-25 Sold (MLS) $24,000 MIBOR as Distributed by MLS Grid
  • 2011-07-06 Listed $32,000 MIBOR as Distributed by MLS Grid
  • 2010-06-15 Listing Removed MIBOR as Distributed by MLS Grid
  • 2010-01-11 Listed $63,982 MIBOR as Distributed by MLS Grid
  • 2002-02-13 Sold (Public Records) $78,059 Public Records

Property tax history

+7.5%/yr

Latest (2025): $1,065 · -8.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…