403 N Maple St · Osgood, IN 47037

$60,000

2 bd · 1.0 ba · 1,302 sqft · SingleFamily public records · 134 Days on market

Built 1910 6,229 sqft lot $46/sqft · 60% below area ↓ 54% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

Key facts

• Covered porch
• Shaker cabinets
• Quiet neighborhood

Tags

• SHAKER CABINETS
• COVERED PORCH
• QUIET NEIGHBORHOOD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $480 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 71/100 on livability (#134 in IN) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, schools D-, amenities F.
• Jac-Cen-Del Community School Corporation (rural): math 32% / reading 40% proficiency, ranked #185 of 301 in IN (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 18 active listings in the ZIP; 110 units permitted in Ripley County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($415 loan paydown + $6k appreciation (10.0% local appreciation)).
• Ripley County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 134 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts; this cycle's ask has dropped $65k (52%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $52,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.78% ✓
• Cap rate: 15.90%
• Cash-on-cash: 34.31%
• DSCR: 2.53
• GRM: 4.7

CMA / ARV

• ARV (median comp): $176,112
• List price: $60,000
• Delta: -65.93%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
113 N Sycamore St	0.20mi	3/2.5 (+1)	1,300 (-0%)	3mo	$197,000	$152	77
409 N Maple St	0.01mi	3/2.0 (+1)	1,280 (-2%)	13mo	$73,000	$57	77
151 N Elm St	0.23mi	3/3.0 (+1)	1,349 (+4%)	8mo	$182,900	$136	63
247 N Maple St	0.09mi	3/2.0 (+1)	1,456 (+12%)	6mo	$226,200	$155	63
156 North St	0.16mi	3/1.5 (+1)	1,152 (-12%)	6mo	$140,000	$122	62
208 N Maple St	0.14mi	3/1.0 (+1)	1,412 (+8%)	16mo	$43,000	$30	61
107 Harlan St	0.47mi	3/2.0 (+1)	1,232 (-5%)	5mo	$228,000	$185	56
801 E Beech St	0.46mi	2/2.0	1,392 (+7%)	8mo	$201,400	$145	56
643 Columbia Ave. Ave	0.27mi	3/1.0 (+1)	1,136 (-13%)	7mo	$225,000	$198	55
4423 Hillcrest Dr	0.74mi	3/1.5 (+1)	1,299 (-0%)	8mo	$210,000	$162	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 50.5%
• Equity multiple: 4.77×
• Total profit: $63,257
• Equity at exit: $54,053

10-year hold

• IRR: 44.2%
• Equity multiple: 10.65×
• Total profit: $162,189
• Equity at exit: $116,567

Cash invested: $16,800 (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

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 47037

• Home prices YoY: 5.4%
• Active inventory: 18
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,066 medium
• Mortgage (P&I): −$315
• Tax from tax record: −$22 /mo · $269/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$224
• Net cashflow: $480

Break-even live

Break-even rent $458

Max offer price $60,000

Occupancy floor 50%

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-05-14
   status Pending 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

2. 2026-05-05
   price $60,000 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

3. 2026-05-05
   price $73,500 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

4. 2026-05-05
   status Active 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

5. 2026-05-05
   price $62,500 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

6. 2026-05-01
   status Pending 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

7. 2026-04-28
   status Active 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

8. 2026-03-31
   status Pending 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

9. 2026-03-28
   price $73,500 478-char remark

   Show marketing remark (478 chars)

   Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

10. 2026-03-23
    status Active 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

11. 2026-03-19
    status Pending 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

12. 2026-03-16
    status Active 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

13. 2026-03-16
    price $90,000 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

14. 2026-02-27
    historical 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

15. 2025-12-22
    status Active 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

16. 2025-12-19
    historical 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

17. 2025-11-04
    listed $125,000 Active 478-char remark

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

18. 2025-11-04
    historical

    Show marketing remark (478 chars)

    Discover this inviting home awaiting you at 403 N Maple St, Osgood, IN. Built in 1910, this 1077 square foot, offers a quick walk to downtown Osgood as well as the fairgrounds. Inside, shaker cabinets enhance the kitchen, providing a touch of classic design and ample storage. The residence features three bedrooms and one full bathroom. Enjoy the outdoors on the rear, covered porch, a perfect spot for relaxing and enjoying the quiet neighborhood. Schedule your showing today!

19. 2025-09-06
    listed $129,900 Active

ⓘ 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: $269 · $22/mo
• Projected year-2 tax: $390 · $32/mo
• Expected delta: +$120/yr (+$10/mo · 44.7%)

ⓘ 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 ≥102°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,797
• − Mortgage interest: −$3,361
• − Property taxes: −$269
• − Insurance: −$300
• − Repairs & maintenance: −$1,024
• − Management: −$1,024
• − Depreciation: −$1,745
• Taxable income: $5,074
• Est. tax owed @ 24.0%: −$1,218
• After-tax cash flow: $4,547/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: Jac-Cen-Del Community School Corporation
• NCES district ID: 1804800
• Math proficiency: 32% ▼ -14.00%
• Reading proficiency: 40% ▼ -8.00%
• Median HH income: $46,674
• Composite: 30.83/100
• National rank: #6133
• State rank: #185 of 301 in IN

Livability — Osgood

• Score: 71/100
• State rank: #134
• US rank: #6966

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Osgood, IN
• Population (ZIP): 4,289

Population outlook (Ripley County) Hauer SSP2

• Today (2025): 28,713 people
• By 2030: 28,400 · -1.1%
• By 2040: 27,288 · -5.0%
• By 2050: 25,691 · -10.5%
• By 2075: 22,222 · -22.6%
• By 2100: 17,965 · -37.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Hispanic / Latino 2% Asian 2% Two or more races 1%
• Common ancestry: Slovak 2% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Other Indo-European 2%

Political lean MEDSL · Ripley

• 2024 margin: Solid R (+61.5) · D 18.6% · R 80.1% · Other 1.2%
• 2008→2024 swing: -31.9pp toward R · 2008: -29.6pp · 2024: -61.5pp
• All cycles: 2024: R+61.5 2020: R+59.5 2016: R+57.4 2012: R+38.6 2008: R+29.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 13.68%
• Current HPI: 267.94
• 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

-53.8% since first listed

19 events — show timeline

• 2026-05-14 Pending — MIBOR as Distributed by MLS Grid
• 2026-05-05 Price Changed $60,000 MIBOR as Distributed by MLS Grid
• 2026-05-05 Price Changed $73,500 MIBOR as Distributed by MLS Grid
• 2026-05-05 Relisted — MIBOR as Distributed by MLS Grid
• 2026-05-05 Price Changed $62,500 MIBOR as Distributed by MLS Grid
• 2026-05-01 Pending — MIBOR as Distributed by MLS Grid
• 2026-04-28 Relisted — MIBOR as Distributed by MLS Grid
• 2026-03-31 Pending — MIBOR as Distributed by MLS Grid
• 2026-03-28 Price Changed $73,500 MIBOR as Distributed by MLS Grid
• 2026-03-23 Relisted — MIBOR as Distributed by MLS Grid
• 2026-03-19 Pending — MIBOR as Distributed by MLS Grid
• 2026-03-16 Relisted — MIBOR as Distributed by MLS Grid
• 2026-03-16 Price Changed $90,000 MIBOR as Distributed by MLS Grid
• 2026-02-27 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-12-22 Relisted — MIBOR as Distributed by MLS Grid
• 2025-12-19 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-11-04 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-11-04 Listed $125,000 MIBOR as Distributed by MLS Grid
• 2025-09-06 Listed $129,900 MIBOR as Distributed by MLS Grid

Property tax history

+3.9%/yr

Latest (2024): $269 · +35.1% YoY. Source: county tax records.