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1140 N Pershing Ave
B Composite 74.09
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
  • DSCR +10.0/10.0
  • 1% rule +9.6/10.0
  • Rent growth +3.1/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.4/10.0
  • Appreciation +0.0/10.0

$90,000

1140 N Pershing Ave · Indianapolis city (balance), IN 46222
3 bd · 1.0 ba · 1,018 sqft · SingleFamily public records · 93 Days on market
Built 1930 5,532 sqft lot $88/sqft · 35% below area Est $139k · 35% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

Key facts

  • Sun lounge
  • Kitchen
  • Living room

Tags

AMPLE BACKYARD DRIVE-IN SPACEKITCHENLIVING ROOMDINING ROOMSUN LOUNGESINGLE-STORY HOME

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/1.0-bath single-family listed at $90k.

Deal economics

  • At list price, monthly cash flow is $407 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).
  • Recommended offer: $82k (9.0% below list) — sets the bar for market timing.
  • Cap rate 11.7% 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 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.
  • Market conditions: Rents rising (+2.5%/yr); 170 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).
  • This rent runs 31% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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 + 2.5% rent growth), your $25k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 93 days — a 9% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 16y ago; this cycle's ask has dropped $15k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $61k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $81,900 (9.0% below list)

Questions for the listing agent

  1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1930 — 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. 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
1.46%
Cap rate
11.72%
Cash-on-cash
19.39%
DSCR
1.86
GRM
5.7

CMA / ARV

ARV (median comp)
$139,469
List price
$90,000
Delta
-35.47%
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
1059 N Elder Ave 0.31mi 2/1.0 (-1) 1,008 (-1%) 2mo $102,000 $101 78
1148 N Pershing Ave 0.01mi 2/1.0 (-1) 1,086 (+7%) 8mo $112,500 $104 77
1014 N Sheffield Ave 0.17mi 3/2.0 952 (-6%) 8mo $173,000 $182 71
1118 N Traub Ave 0.21mi 2/2.0 (-1) 1,080 (+6%) 0mo $52,000 $48 71
1201 N Mount St 0.12mi 3/2.0 1,158 (+14%) 1mo $229,000 $198 67
1005 N Tremont St 0.18mi 2/1.0 (-1) 1,160 (+14%) 1mo $100,000 $86 62
1434 Winfield Ave 0.48mi 2/1.0 (-1) 1,080 (+6%) 3mo $99,000 $92 60
1405 N Mount St 0.22mi 2/1.0 (-1) 1,140 (+12%) 6mo $90,000 $79 60
1446 N Mount St 0.29mi 2/2.0 (-1) 1,140 (+12%) 4mo $173,000 $152 54
561 Lynn St 0.57mi 3/1.5 920 (-10%) 5mo $135,000 $147 51
805 N Goodlet Ave 0.71mi 3/1.0 880 (-14%) 3mo $72,000 $82 42
1918 Wilcox St 0.71mi 2/1.0 (-1) 893 (-12%) 2mo $85,000 $95 40

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 · 2.46% rent growth · sell at horizon

5-year hold
IRR
10.8%
Equity multiple
1.42×
Total profit
$10,665
Equity at exit
$13,419
10-year hold
IRR
19.4%
Equity multiple
2.58×
Total profit
$39,901
Equity at exit
$7,782

Cash invested: $25,200 (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 46222

Home prices YoY
-16.7%
Rents YoY
2.5%
Active inventory
170
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$1,314 high interval (Pro) →
Mortgage (P&I)
$472
Tax from tax record
$122 /mo · $1,460/yr
Insurance
$38
HOA
$0
Vacancy / Maint / Mgmt
$276
Net cashflow
$407

Break-even live

Break-even rent $799
Max offer price $90,000
Occupancy floor 64%

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
$22,500
Closing costs
$2,700
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
1023 N Pershing Ave Indianapolis, IN 3.0 1.5 1182 $1,350 $1.14 23d 1 0.19mi
1155 N Holmes Ave Indianapolis, IN 3.0 1.0 952 $2,800 $2.94 3d 1 0.26mi
955 N Traub Ave Indianapolis, IN 3.0 2.0 1300 $1,449 $1.11 43d 1 0.35mi
1409 N Warman Ave Indianapolis, IN 2.0 1.0 816 $1,300 $1.59 20d 1 0.36mi
2701 W 17th St Indianapolis, IN 2.0 1.0 810 $899 $1.11 7d 1 0.43mi
1150 N White River Pkwy West Dr Indianapolis, IN 1.0–2.0 1.0 722 $1,224 $1.69 1d 9 0.49mi
3014 W 10th St Unit 1 Indianapolis, IN 2.0 1.0 850 $749 $0.88 23d 1 0.52mi
3014 W 10th St Indianapolis, IN 2.0 1.0 850 $749 $0.88 43d 1 0.52mi
771 Haugh St Indianapolis, IN 2.0 1.0 714 $1,250 $1.75 20d 1 0.55mi
525 N Belmont Ave Indianapolis, IN 3.0 1.0 912 $1,225 $1.34 23d 1 0.62mi
1911 Wilcox St Indianapolis, IN 2.0 1.0 896 $1,150 $1.28 43d 1 0.77mi
1410 Breedlove Ln Indianapolis, IN 2.0 1.0–2.0 886 $2,557 $2.88 1d 63 0.80mi
2106 Cold Spring Rd Indianapolis, IN 2.0 1.0–1.5 940 $1,189 $1.26 3d 4 0.85mi
460 N White River Parkway Dr W Indianapolis, IN 2.0 1.0 681 $1,725 $2.53 3d 14 0.85mi
2011 N Kessler Boulevard Dr Indianapolis, IN 3.0 1.0 888 $1,375 $1.55 23d 1 0.88mi
1228 W 18th St Indianapolis, IN 2.0 1.0 1050 $1,200 $1.14 43d 1 0.98mi
1920 Sugar Grove Ave Indianapolis, IN 3.0 1.5 1378 $1,175 $0.85 3d 1 1.03mi
264 N Holmes Ave Indianapolis, IN 2.0 1.0 1092 $1,200 $1.10 10d 1 1.03mi
411 N Centennial St Indianapolis, IN 2.0 1.0 750 $995 $1.33 7d 1 1.05mi
1201 Indiana Ave Indianapolis, IN 1.0–3.0 1.0–3.5 967 $2,404 $2.49 1d 36 1.07mi
240 N Warman Ave Indianapolis, IN 2.0–3.0 1.0–2.0 1052 $1,400 $1.33 20d 5 1.09mi
210 N Richland St Indianapolis, IN 4.0 2.0 1062 $1,625 $1.53 14d 1 1.10mi
1449 Montcalm St Indianapolis, IN 3.0 1.0 1300 $1,900 $1.46 43d 1 1.10mi
3531 Garden Ave Indianapolis, IN 3.0 1.0 1264 $1,200 $0.95 23d 1 1.11mi
3531 Garden Ave Indianapolis, IN 3.0 1.0 1264 $1,200 $0.95 43d 1 1.11mi
86 N Holmes Ave Indianapolis, IN 2.0 1.0 978 $1,050 $1.07 16d 1 1.16mi
1415 W Pruitt St Indianapolis, IN 3.0 1.0 1001 $1,249 $1.25 23d 1 1.16mi
925 N Somerset Ave Indianapolis, IN 3.0 1.0 1061 $1,300 $1.23 7d 1 1.20mi
1367 W Pruitt St Indianapolis, IN 3.0 1.0 1088 $1,450 $1.33 43d 1 1.22mi
2248 N Harding St Indianapolis, IN 2.0 1.0 1100 $899 $0.82 23d 1 1.22mi
1135 W 21st St Indianapolis, IN 3.0 2.0 1296 $1,495 $1.15 23d 1 1.22mi
1133 W 21st St Indianapolis, IN 3.0 2.0 1296 $1,495 $1.15 23d 1 1.23mi
1621 N Livingston Ave Indianapolis, IN 3.0 1.0 952 $1,300 $1.37 23d 1 1.28mi
2602 Mansion Dr Indianapolis, IN 2.0–3.0 2.0 1850 $1,675 $0.91 7d 6 1.28mi
2365 N Goodlet Ave Indianapolis, IN 3.0 1.5 900 $1,099 $1.22 23d 1 1.32mi
930 W 10th St Indianapolis, IN 1.0–4.0 1.0–4.0 874 $3,144 $3.59 4d 1 1.36mi
2418 N Centennial St Indianapolis, IN 2.0 1.0 725 $1,099 $1.52 43d 1 1.37mi
101 S Harding St Apt 307 Indianapolis, IN 2.0 2.0 970 $1,685 $1.74 3d 1 1.44mi
735 W 11th St Indianapolis, IN 2.0 1.0 712 $1,398 $1.96 43d 1 1.45mi
3621 Lawnview Ln Indianapolis, IN 1.0–4.0 1.0–1.5 1012 $1,162 $1.15 1d 13 1.46mi

Listing history 26 events

  1. 2026-06-17
    days on market $90,000 Active 93 DOM
  2. 2026-06-16
    days on market $90,000 Active 92 DOM
  3. 2026-06-15
    days on market $90,000 Active 91 DOM
  4. 2026-06-13
    days on market $90,000 Active 89 DOM
  5. 2026-06-13
    days on market $90,000 Active 88 DOM
  6. 2026-06-09
    days on market $90,000 Active 85 DOM
  7. 2026-06-08
    days on market $90,000 Active 84 DOM
  8. 2026-06-07
    days on market $90,000 Active 83 DOM
  9. 2026-06-03
    days on market $90,000 Active 79 DOM
  10. 2026-06-02
    days on market $90,000 Active 78 DOM
  11. 2026-06-01
    days on market $90,000 Active 77 DOM
  12. 2026-05-31
    days on market $90,000 Active 76 DOM
  13. 2026-05-12
    status Active 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  14. 2026-04-21
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  15. 2026-04-18
    status Active 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  16. 2026-04-04
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  17. 2026-03-23
    status Active 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  18. 2026-03-13
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  19. 2026-03-03
    price $90,000 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  20. 2026-02-27
    status Active 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  21. 2026-01-15
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  22. 2025-12-17
    listed $105,000 Active 756-char remark
    Show marketing remark (756 chars)

    Set on Investor Dream Street, this home will be a dream to transform with ample backyard drive-in space! This single-family residence in Marion County offers a wonderful opportunity. The possibilities are endless to transform and create spaces that reflect individual tastes and preferences. It comprises a kitchen, living room, dining room, sun lounge, 3 bedrooms, and a single bathroom. With 1018 square feet of living area, this home offers a layout that is both practical and comfortable. Imagine the enjoyment of creating memories within these walls. The 5532 square feet lot area provides for creating your own outdoor haven This single-story home offers a wonderful opportunity to personalise as an investment property or private residence.

  23. 2020-07-09
    soldstatus $60,900
  24. 2010-11-12
    historical 48-char remark
    Show marketing remark (48 chars)

    Investment opportunity on Indy's near west side.

  25. 2010-11-12
    soldstatus $3,000 48-char remark
    Show marketing remark (48 chars)

    Investment opportunity on Indy's near west side.

  26. 2010-09-14
    listed $9,900 48-char remark
    Show marketing remark (48 chars)

    Investment opportunity on Indy's near west side.

ⓘ 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
$1,460 · $122/mo
Projected year-2 tax
$1,460 · $122/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 ≥102°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
$15,771
− Mortgage interest
−$5,041
− Property taxes
−$1,460
− Insurance
−$450
− Repairs & maintenance
−$1,262
− Management
−$1,262
− Depreciation
−$2,618
Taxable income
$3,679
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$883
After-tax cash flow
$4,003/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)
38,887
Household income
$50,783
Rent vs Own
51.7% rent · 48.3% own
Severe rent burden
1750.0

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
Highly diverse neighborhood (Simpson 0.72)
Race & ethnicity
White 32% Black 30% Hispanic / Latino 30% Two or more races 12% Asian 2%
Hispanic origin (detail)
Mexican 24% Puerto Rican 1%
Common ancestry
Lithuanian 1% Iranian 1% Slovak 1%
Foreign-born
21% · Canada, Jamaica
Languages at home
67% English-only · Spanish 25% Other Indo-European 3% Arabic 2%

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
▼ -75.47%
Current HPI
375.8479
Rent YoY
▲ 2.46%
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

+809.1% since first listed
14 events — show timeline
  • 2026-05-12 Relisted MIBOR as Distributed by MLS Grid
  • 2026-04-21 Pending MIBOR as Distributed by MLS Grid
  • 2026-04-18 Relisted MIBOR as Distributed by MLS Grid
  • 2026-04-04 Pending MIBOR as Distributed by MLS Grid
  • 2026-03-23 Relisted MIBOR as Distributed by MLS Grid
  • 2026-03-13 Pending MIBOR as Distributed by MLS Grid
  • 2026-03-03 Price Changed $90,000 MIBOR as Distributed by MLS Grid
  • 2026-02-27 Relisted MIBOR as Distributed by MLS Grid
  • 2026-01-15 Pending MIBOR as Distributed by MLS Grid
  • 2025-12-17 Listed $105,000 MIBOR as Distributed by MLS Grid
  • 2020-07-09 Sold (Public Records) $60,900 Public Records
  • 2010-11-12 Listing Removed MIBOR as Distributed by MLS Grid
  • 2010-11-12 Sold (MLS) $3,000 MIBOR as Distributed by MLS Grid
  • 2010-09-14 Listed $9,900 MIBOR as Distributed by MLS Grid

Property tax history

+15.9%/yr

Latest (2025): $1,460 · -4.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…