Duplex
3702 N Kenwood Ave · 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
- $473 – $860
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 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 +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +4.1/5.0
- Livability +2.5/5.0
- Condition / age +2.2/5.0
- Schools +2.0/10.0
- Appreciation +0.0/10.0
$169,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks
This gorgeous, spacious 2 bed, 1 bath duplex has been recently remodeled and offers hardwood floors throughout and bright, fresh gray paint. Relax on the covered front porch or enjoy the sunroom just off the dining room. The home also features a rear parking pad, window A/C units, refrigerator, stove, and washer/dryer hookups off the kitchen. All units are fully occupied with tenants in good standing. To limit tenant disturbance, there will be no in-person showings without an accepted offer, but video walkthroughs are attached to the listing. Preference is to sell this duplex as part of a portfolio package totaling seven units.
Key facts
- Covered front porch
- Rear parking pad
- Sunroom
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 3-bed/3.0-bath units multifamily listed at $170k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $795 ($10k/yr) — positive. Per door: $398/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $170k).
- Cap rate 11.9% vs local median 4.5% 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 B — 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); Arsenal Technical High School (math 6% / reading 27%, grade F, #353 of 369 statewide, top 96%, 2,366 students, 74% FRL).
- Market conditions: Rents rising fast (+6.4%/yr); 368 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals lingering (median 52d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $1k of loan paydown is wiped out by about $5k 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.
- At projected returns (-3.0% appreciation + 6.4% rent growth), your $48k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
- 10 sale attempts since 9y 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 $18k; list at $170k implies a 871% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 1.54% ✓
- Cap rate
- 11.91%
- Cash-on-cash
- 20.06%
- DSCR
- 1.89
- GRM
- 5.4
CMA / ARV
- ARV (median comp)
- $249,486
- List price
- $169,900
- Delta
- -31.90%
- 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 |
|---|---|---|---|---|---|---|---|
| 25 E 40th St Unit 6E | 0.46mi | 1/1.0 (-1) | 942 (+8%) | 7mo | $134,500 | $143 | 40 |
| 3965 N Meridian St Unit 2G | 0.42mi | 2/1.0 | 941 (+8%) | 9mo | $119,900 | $127 | 40 |
| 3965 N Meridian St Unit 6C | 0.42mi | 1/1.0 (-1) | 942 (+8%) | 10mo | $115,000 | $122 | 39 |
| 3965 N Meridian St N Unit 5G | 0.42mi | 1/1.0 (-1) | 941 (+8%) | 10mo | $132,500 | $141 | 39 |
| 4000 N Meridian St Unit 14A | 0.44mi | 1/1.0 (-1) | 1,000 (+14%) | 2mo | $198,000 | $198 | 34 |
| 4000 N Meridian St N Unit 3E | 0.44mi | 1/1.0 (-1) | 1,040 (+19%) | 3mo | $186,000 | $179 | 32 |
| 419 Berkley Rd | 0.85mi | 3/1.0 (+1) | 925 (+6%) | 4mo | $159,900 | $173 | 32 |
| 4000 N Meridian St Unit 1F | 0.44mi | 1/1.5 (-1) | 1,040 (+19%) | 4mo | $121,000 | $116 | 31 |
| 3419 N Pennsylvania St Apt C4 | 0.50mi | 2/1.0 | 1,090 (+25%) | 1mo | $145,000 | $133 | 31 |
| 1263 W 32nd St | 1.48mi | 2/1.0 | 832 (-5%) | 9mo | $140,000 | $168 | 29 |
| 2949 Shriver Ave | 0.97mi | 3/1.0 (+1) | 1,080 (+24%) | 4mo | $138,000 | $128 | 17 |
| 3017 Ethel Ave | 0.96mi | 3/1.5 (+1) | 1,079 (+24%) | 9mo | $90,000 | $83 | 13 |
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
- IRR
- 16.3%
- Equity multiple
- 1.68×
- Total profit
- $32,565
- Equity at exit
- $25,333
- IRR
- 27.4%
- Equity multiple
- 3.84×
- Total profit
- $135,115
- Equity at exit
- $14,690
Cash invested: $47,572 (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
ZIP-level market 46208
- Rents YoY
- 6.4%
- Active inventory
- 368
- Price-to-rent
- 10.8×
Monthly cashflow live
- Estimated rent
- $2,616 medium interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax from tax record
- −$309 /mo · $3,714/yr
- Insurance
- −$71
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$549
- Net cashflow
- $795
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3 | 3 | $2,616 |
| #1 | 3 | 3 | $1,308 |
| #2 | 3 | 3 | $1,308 |
| Total (2 units) | $2,616 | ||
Break-even live
Sensitivity live
| Price | -10% $892 | -5% $843 | +0% $795 | +5% $747 | +10% $699 |
|---|---|---|---|---|---|
| Rent | -10% $589 | -5% $692 | +0% $795 | +5% $899 | +10% $1,002 |
| Rate | -1.0pp $881 | -0.5pp $839 | base $795 | +0.5pp $751 | +1.0pp $707 |
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
- $42,475
- Closing costs
- $5,097
- 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 |
|---|---|---|---|---|---|---|---|---|
| 3706 N Kenwood Ave Indianapolis, IN | 2.0 | 1.0 | — | $1,125 | — | 52d | 1 | 0.02mi |
| 3708 N Kenwood Ave Indianapolis, IN | 2.0 | 1.0 | — | $1,125 | — | 52d | 1 | 0.02mi |
| 3655 N Kenwood Ave Indianapolis, IN | 4.0 | 2.0 | 1700 | $1,700 | $1.00 | 72d | 1 | 0.05mi |
| 3729 N Kenwood Ave Indianapolis, IN | 2.0 | 1.0 | 1107 | $1,100 | $0.99 | 93d | 1 | 0.07mi |
| 3622 N Capitol Ave Indianapolis, IN | 3.0 | 1.0 | 1300 | $1,300 | $1.00 | 56d | 1 | 0.10mi |
| 3621 N Kenwood Ave Indianapolis, IN | 3.0 | 1.5 | 1521 | $1,599 | $1.05 | 52d | 1 | 0.10mi |
| 3662 Graceland Ave Indianapolis, IN | 3.0 | 1.0 | 1426 | $1,650 | $1.16 | 22d | 1 | 0.11mi |
| 3624 N Illinois St Unit 3624 Indianapolis, IN | 2.0 | 1.0 | 680 | $1,200 | $1.76 | 42d | 1 | 0.11mi |
| 3618 Salem St Indianapolis, IN | 3.0 | 2.0 | 1400 | $1,500 | $1.07 | 23d | 1 | 0.17mi |
| 3710 N Meridian St Indianapolis, IN | 2.0 | 1.0–2.0 | 670 | $1,015 | $1.51 | 9d | 22 | 0.19mi |
| 3827 Graceland Ave Indianapolis, IN | 4.0 | 2.0 | 2195 | $1,595 | $0.73 | 93d | 1 | 0.20mi |
| 3542 Graceland Ave Indianapolis, IN | 4.0 | 1.0 | 1114 | $1,395 | $1.25 | 47d | 1 | 0.20mi |
| 3640 N Meridian St Unit 01 Indianapolis, IN | 3.0 | 1.0 | 1000 | $999 | $1.00 | 93d | 1 | 0.20mi |
| 3502 N Kenwood Ave Indianapolis, IN | 3.0 | 1.5 | 1094 | $1,170 | $1.07 | 42d | 1 | 0.24mi |
| 3502 N Kenwood Ave Indianapolis, IN | 3.0 | 2.0 | 1094 | $1,220 | $1.12 | 93d | 1 | 0.24mi |
| 3707 N Meridian St Indianapolis, IN | 2.0 | 1.0–2.0 | 1042 | $1,199 | $1.15 | 93d | 1 | 0.25mi |
| 143 W 35th St Indianapolis, IN | 3.0 | 1.0 | 1235 | $1,025 | $0.83 | 9d | 1 | 0.26mi |
| 3753 N Meridian St Unit 104 Indianapolis, IN | 2.0 | 1.0 | — | $1,375 | — | 72d | 1 | 0.26mi |
| 3501 N Illinois St Unit 4 Indianapolis, IN | 2.0 | 2.0 | 930 | $1,350 | $1.45 | 37d | 1 | 0.27mi |
| 3501 N Illinois St Unit 2 Indianapolis, IN | 2.0 | 2.0 | 1179 | $1,350 | $1.15 | 17d | 1 | 0.27mi |
| 3501 N Illinois St Unit 3 Indianapolis, IN | 2.0 | 2.0 | 1087 | $1,350 | $1.24 | 56d | 1 | 0.27mi |
| 3469 Graceland Ave Indianapolis, IN | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 93d | 1 | 0.27mi |
| 3929 N Kenwood Ave Indianapolis, IN | 4.0 | 1.5 | — | $995 | — | 71d | 1 | 0.30mi |
| 3541 N Meridian St Indianapolis, IN | 1.0–2.0 | 1.0 | 987 | $880 | $0.89 | 93d | 1 | 0.30mi |
| 3801 N Meridian St Indianapolis, IN | 1.0–3.0 | 1.0–2.0 | 1057 | $2,022 | $1.91 | 69d | 35 | 0.30mi |
| 3457 N Illinois St Indianapolis, IN | 3.0 | 2.0 | 1230 | $1,145 | $0.93 | 72d | 1 | 0.30mi |
| 320 W 39th St Indianapolis, IN | 3.0 | 2.0 | 1216 | $2,195 | $1.81 | 22d | 1 | 0.31mi |
| 3720 N Pennsylvania St #26 Indianapolis, IN | 2.0 | 1.0 | — | $1,100 | — | 35d | 1 | 0.31mi |
| 3540 N Pennsylvania St Indianapolis, IN | 2.0 | 1.0 | 1200 | $1,109 | $0.92 | 16d | 1 | 0.36mi |
| 3415 N Capitol Ave Indianapolis, IN | 3.0 | 1.0 | 1176 | $1,249 | $1.06 | 72d | 1 | 0.36mi |
| 3413 N Capitol Ave Indianapolis, IN | 3.0 | 1.0 | 588 | $1,299 | $2.21 | 72d | 1 | 0.36mi |
| 3413 N Capitol Ave Indianapolis, IN | 3.0 | 1.0 | 1176 | $1,249 | $1.06 | 59d | 1 | 0.36mi |
| 3671 N Pennsylvania St Indianapolis, IN | 2.0 | 1.0 | 725 | $794 | $1.10 | 69d | 1 | 0.37mi |
| 3671 N Pennsylvania St Apt C3 Indianapolis, IN | 2.0 | 1.0 | 725 | $804 | $1.11 | 42d | 1 | 0.37mi |
| 415 W 39th St Indianapolis, IN | 4.0 | 2.0 | — | $1,025 | — | 25d | 1 | 0.37mi |
| 3524 N Pennsylvania St Indianapolis, IN | 2.0 | 1.0 | 725 | $872 | $1.20 | 21d | 5 | 0.37mi |
| 3510 N Pennsylvania St Unit A 2 Indianapolis, IN | 2.0 | 1.0 | — | $850 | — | 93d | 1 | 0.39mi |
| 319 W 40th St Indianapolis, IN | 3.0 | 1.0 | 1176 | $1,295 | $1.10 | 63d | 1 | 0.40mi |
| 3402 N Meridian St Indianapolis, IN | 3.0 | 1.0–2.0 | 840 | $1,125 | $1.34 | 9d | 5 | 0.42mi |
| 328 W 40th St Indianapolis, IN | 2.0 | 1.0 | 808 | $1,150 | $1.42 | 18d | 1 | 0.43mi |
Property features AI
Finance
- Other
- Property type: Residential Income (duplex)
- Financial info
- Two rental unitsGross monthly income reported as 1484Unit rents listed as $685/month (1-bedroom) and $799/month (2-bedroom)Reported expenses: 0
Exterior
- Parking
- Detached 1-car garage
- Security
- Smoke detector(s)
- Utilities
- No solid waste service indicated
- Home design
- DuplexOne and one half levels
- Exterior features
- Residential useAccess road
Interior
- Kitchen
- Each unit has a 10x10 kitchen
- Bedrooms
- One 1-bedroom unit (single level)One 2-bedroom unit (single level)
- Heating & cooling
- Window Unit(s)
- Interior features
- Has basementWindow air conditioning unitsSmoke detector(s)
Listing history 50 events
-
2026-08-08days on market $169,900 Active 9 DOM
-
2026-08-07days on market $169,900 Active 8 DOM
-
2026-08-06days on market $169,900 Active 7 DOM
-
2026-08-05days on market $169,900 Active 6 DOM
-
2026-08-04days on market $169,900 Active 5 DOM
-
2026-08-03days on market $169,900 Active 4 DOM
-
2026-07-31days on market $169,900 Active 1 DOM
-
2026-07-26days on market $169,900 Active 90 DOM
-
2026-07-24days on market $169,900 Active 88 DOM
-
2026-07-23days on market $169,900 Active 87 DOM
-
2026-07-22days on market $169,900 Active 86 DOM
-
2026-07-21days on market $169,900 Active 85 DOM
-
2026-07-20days on market $169,900 Active 84 DOM
-
2026-07-18days on market $169,900 Active 82 DOM
-
2026-07-18days on market $169,900 Active 81 DOM
-
2026-07-16days on market $169,900 Active 80 DOM
-
2026-07-15days on market $169,900 Active 79 DOM
-
2026-07-14days on market $169,900 Active 78 DOM
-
2026-07-13days on market $169,900 Active 77 DOM
-
2026-07-13days on market $169,900 Active 76 DOM
-
2026-07-11days on market $169,900 Active 75 DOM
-
2026-07-10days on market $169,900 Active 74 DOM
-
2026-07-09days on market $169,900 Active 73 DOM
-
2026-07-07days on market $169,900 Active 71 DOM
-
2026-07-06days on market $169,900 Active 70 DOM
-
2026-07-05days on market $169,900 Active 69 DOM
-
2026-07-03days on market $169,900 Active 67 DOM
-
2026-07-02days on market $169,900 Active 66 DOM
-
2026-07-01days on market $169,900 Active 65 DOM
-
2026-06-30days on market $169,900 Active 64 DOM
-
2026-06-29price $169,900 Active 63 DOM
-
2026-06-29days on market $175,000 Active 63 DOM
-
2026-06-28days on market $175,000 Active 62 DOM
-
2026-06-27days on market $175,000 Active 61 DOM
-
2026-06-26days on market $175,000 Active 60 DOM
-
2026-06-25days on market $175,000 Active 58 DOM
-
2026-06-22days on market $175,000 Active 56 DOM
-
2026-06-21days on market $175,000 Active 55 DOM
-
2026-06-18days on market $175,000 Active 52 DOM
-
2026-06-17days on market $175,000 Active 51 DOM
-
2026-06-16days on market $175,000 Active 50 DOM
-
2026-06-15days on market $175,000 Active 49 DOM
-
2026-06-13days on market $175,000 Active 47 DOM
-
2026-06-13days on market $175,000 Active 46 DOM
-
2026-06-09days on market $175,000 Active 43 DOM
-
2026-06-08days on market $175,000 Active 42 DOM
-
2026-06-07days on market $175,000 Active 41 DOM
-
2026-06-03days on market $175,000 Active 37 DOM
-
2026-06-02days on market $175,000 Active 36 DOM
-
2026-06-01days on market $175,000 Active 35 DOM
ⓘ 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
- $3,714 · $309/mo
- Projected year-2 tax
- $3,714 · $309/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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,392
- − Mortgage interest
- −$9,517
- − Property taxes
- −$3,714
- − Insurance
- −$850
- − Repairs & maintenance
- −$2,511
- − Management
- −$2,511
- − Depreciation
- −$4,943
- Taxable income
- $7,346
- Est. tax owed @ 24.0%
- −$1,763
- After-tax cash flow
- $7,782/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 · 9 photos
This property is in fair condition with moderate repairs and maintenance needed. The roof, exterior siding, and landscaping are in poor condition and require immediate attention. Repairs to these areas will significantly increase the property's resale and rental value.
Repairs flagged
- Major roof — The roof appears to be in poor condition, with visible wear and tear.
- Major exterior siding — The siding is peeling and the paint is chipping.
- Major exterior fencing — The fencing is in poor condition.
- Major landscaping — The landscaping is overgrown and needs trimming.
Value-add opportunities
- Both repair roof — Repairing the roof will improve the overall condition of the property and make it more attractive to potential buyers or renters. ↑
- Both repair exterior siding and paint — Repairing the exterior siding and repainting will improve the curb appeal and make the property more attractive to potential buyers or renters. ↑
- Both trim landscaping — Trimming the landscaping will improve the curb appeal and make the property more attractive to potential buyers or renters. ↑
ⓘ Rehab cost is a screening estimate — Moderate 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)
- 22,379
- Household income
- $60,062
- Rent vs Own
- Severe rent burden
- 10% 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
- 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
+347.1% since first listed27 events — show timeline
- 2026-07-29 Listed $169,900 MIBOR as Distributed by MLS Grid
- 2026-07-27 Listing Removed — MIBOR as Distributed by MLS Grid
- 2026-06-29 Price Changed $169,900 MIBOR as Distributed by MLS Grid
- 2026-05-31 Price Changed $175,000 MIBOR as Distributed by MLS Grid
- 2026-04-27 Listed $185,000 MIBOR as Distributed by MLS Grid
- 2021-02-17 Listing Removed — MIBOR as Distributed by MLS Grid
- 2021-01-19 Price Changed $130,000 MIBOR as Distributed by MLS Grid
- 2021-01-18 Listed $100,000 MIBOR as Distributed by MLS Grid
- 2019-01-15 Sold (MLS) $17,500 MIBOR as Distributed by MLS Grid
- 2018-12-31 Pending — MIBOR as Distributed by MLS Grid
- 2018-12-21 Price Changed $28,000 MIBOR as Distributed by MLS Grid
- 2018-11-16 Relisted — MIBOR as Distributed by MLS Grid
- 2018-11-06 Pending — MIBOR as Distributed by MLS Grid
- 2018-10-18 Relisted — MIBOR as Distributed by MLS Grid
- 2018-10-09 Pending — MIBOR as Distributed by MLS Grid
- 2018-09-23 Listed $33,000 MIBOR as Distributed by MLS Grid
- 2017-09-22 Sold (MLS) $22,000 MIBOR as Distributed by MLS Grid
- 2017-09-19 Pending — MIBOR as Distributed by MLS Grid
- 2017-09-18 Price Changed $29,900 MIBOR as Distributed by MLS Grid
- 2017-09-07 Relisted — MIBOR as Distributed by MLS Grid
- 2017-08-21 Pending — MIBOR as Distributed by MLS Grid
- 2017-08-04 Listed $33,000 MIBOR as Distributed by MLS Grid
- 2017-07-31 Listing Removed — MIBOR as Distributed by MLS Grid
- 2017-07-21 Sold (MLS) $16,000 MIBOR as Distributed by MLS Grid
- 2017-07-18 Pending — MIBOR as Distributed by MLS Grid
- 2017-07-07 Listed $38,000 MIBOR as Distributed by MLS Grid
- 2017-07-06 Listed $38,000 MIBOR as Distributed by MLS Grid
Property tax history
+14.1%/yrLatest (2025): $3,714 · +4.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…