28 N Denny St · 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
- $507 – $1,088
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
- 1.0%
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 C 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 +25.1/30.0
- ARV discount +9.1/15.0
- DSCR +8.2/10.0
- 1% rule +5.6/10.0
- Rent growth +4.3/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.4/10.0
- Appreciation +0.0/10.0
$125,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
Key facts
- 2,831 sq ft lot
- Garage
- Built 1915
Property features AI
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Municipal sewer connected; Electricity connected
- Home design: Single-family residence; Two levels
- Construction: Vinyl siding; Block foundation
- Exterior features: Less than 1/4 acre lot
Interior
- Kitchen: Electric cooktop; Dishwasher; Microwave; Refrigerator
- Bedrooms: Two bedrooms on the upper level
- Bathrooms: One full bathroom (main/upper)
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Electric water heater; Main-level laundry
- Laundry & utility: Laundry on the main level
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $125k.
Deal economics
- At list price, monthly cash flow is $276 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $125k).
- Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.9% 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 C — 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: Frederick Douglass School 19 (math 9% / reading 13%, grade F, #909 of 994 statewide, top 92%, 444 students, 81% FRL); H L Harshman Middle School (math 3% / reading 16%, grade F, #316 of 330 statewide, top 96%, 549 students, 84% FRL).
- Market conditions: Rents rising fast (+7.3%/yr); 483 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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).
- This rent runs 32% of the median local income ($49k/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 $864 of loan paydown is wiped out by about $4k 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 + 7.3% rent growth), your $35k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 54 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
- 15 sale attempts since 26y ago; this cycle's ask has dropped $110k (47%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 54 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1915 — 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 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
- 1.06% ✓
- Cap rate
- 8.94%
- Cash-on-cash
- 9.45%
- DSCR
- 1.42
- GRM
- 7.9
CMA / ARV
- ARV (median comp)
- $129,693
- List price
- $125,000
- Delta
- -3.62%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 56 N Denny St | 0.05mi | 3/2.0 | 1,378 (+7%) | 1mo | $185,000 | $134 | 82 |
| 801 N Denny St | 0.53mi | 2/1.0 (-1) | 1,265 (-2%) | 10mo | $93,000 | $74 | 59 |
| 3610 Robson St | 0.37mi | 2/1.0 (-1) | 1,383 (+7%) | 8mo | $98,000 | $71 | 59 |
| 317 N Bradley Ave | 0.18mi | 3/1.5 | 1,100 (-15%) | 8mo | $95,000 | $86 | 58 |
| 718 N Linwood Ave | 0.60mi | 4/2.0 (+1) | 1,249 (-3%) | 1mo | $85,000 | $68 | 57 |
| 318 N Kealing Ave | 0.28mi | 2/1.0 (-1) | 1,113 (-14%) | 3mo | $152,000 | $137 | 57 |
| 3526 E Vermont St | 0.38mi | 2/1.0 (-1) | 1,152 (-11%) | 10mo | $61,000 | $53 | 51 |
| 315 S Dearborn St | 0.74mi | 3/1.0 | 1,232 (-5%) | 9mo | $159,000 | $129 | 50 |
| 611 N Bradley Ave | 0.41mi | 2/1.0 (-1) | 1,466 (+14%) | 9mo | $60,000 | $41 | 46 |
| 4613 Young Ave | 0.61mi | 2/1.0 (-1) | 1,440 (+12%) | 2mo | $155,000 | $108 | 46 |
| 805 N Tuxedo St | 0.67mi | 2/2.0 (-1) | 1,347 (+4%) | 11mo | $178,000 | $132 | 43 |
| 4650 Young Ave | 0.66mi | 2/1.0 (-1) | 1,464 (+13%) | 1mo | $133,000 | $91 | 41 |
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 · 7.31% rent growth · sell at horizon
- IRR
- 2.3%
- Equity multiple
- 1.09×
- Total profit
- $3,243
- Equity at exit
- $18,638
- IRR
- 15.4%
- Equity multiple
- 2.49×
- Total profit
- $52,101
- Equity at exit
- $10,808
Cash invested: $35,000 (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 46201
- Home prices YoY
- -33.9%
- Rents YoY
- 7.3%
- Active inventory
- 483
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $1,322 high interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$61 /mo · $731/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$278
- Net cashflow
- $276
Break-even live
Sensitivity live
| Price | -10% $346 | -5% $311 | +0% $276 | +5% $240 | +10% $205 |
|---|---|---|---|---|---|
| Rent | -10% $171 | -5% $223 | +0% $276 | +5% $328 | +10% $380 |
| Rate | -1.0pp $339 | -0.5pp $307 | base $276 | +0.5pp $243 | +1.0pp $210 |
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
- $31,250
- Closing costs
- $3,750
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 8 S Bradley Ave Indianapolis, IN | 2.0 | 1.0 | 1300 | $950 | $0.73 | 25d | 1 | 0.09mi |
| 33 N Sherman Dr Unit 33 Indianapolis, IN | 3.0 | 1.5 | 1288 | $1,500 | $1.16 | 9d | 1 | 0.10mi |
| 4114 E Washington St Indianapolis, IN | 2.0 | 1.0 | 909 | $1,100 | $1.21 | 46d | 1 | 0.17mi |
| 314 N Denny St Indianapolis, IN | 3.0 | 1.0 | 1184 | $975 | $0.82 | 25d | 1 | 0.17mi |
| 119 N Grant Ave Indianapolis, IN | 3.0 | 1.0 | 1408 | $1,195 | $0.85 | 45d | 1 | 0.18mi |
| 3712 E Market St Indianapolis, IN | 3.0 | 1.0 | 1800 | $1,450 | $0.81 | 16d | 1 | 0.20mi |
| 4214 E Washington St Indianapolis, IN | 3.0 | 2.0 | 961 | $1,195 | $1.24 | 9d | 1 | 0.23mi |
| 4214 E Washington St Indianapolis, IN | 3.0 | 2.0 | 961 | $1,145 | $1.19 | 0d | 1 | 0.23mi |
| 83 N Ewing St Unit 83 Indianapolis, IN | 3.0 | 1.0 | 1016 | $1,199 | $1.18 | 45d | 1 | 0.28mi |
| 83 N Ewing St Unit 83 Indianapolis, IN | 3.0 | 1.0 | 1016 | $1,199 | $1.18 | 0d | 1 | 0.28mi |
| 21 N Colorado Ave Indianapolis, IN | 3.0 | 1.5 | 1520 | $2,000 | $1.32 | 45d | 1 | 0.28mi |
| 442 N Denny St Indianapolis, IN | 3.0 | 1.0 | 1140 | $1,045 | $0.92 | 25d | 1 | 0.32mi |
| 447 N Sherman Dr Indianapolis, IN | 3.0 | 1.5 | 1312 | $1,195 | $0.91 | 45d | 1 | 0.32mi |
| 603 N Sherman Dr Indianapolis, IN | 3.0 | 1.0 | 1250 | $1,300 | $1.04 | 45d | 1 | 0.40mi |
| 37 S Tuxedo St Indianapolis, IN | 3.0 | 1.0 | 950 | $1,150 | $1.21 | 45d | 1 | 0.46mi |
| 25 N Drexel Ave Unit A Indianapolis, IN | 3.0 | 2.0 | 1250 | $1,325 | $1.06 | 45d | 1 | 0.47mi |
| 614 N Colorado Ave Indianapolis, IN | 2.0 | 2.0 | 1736 | $1,200 | $0.69 | 25d | 1 | 0.48mi |
| 642 N Colorado Ave Indianapolis, IN | 3.0 | 2.0 | 1572 | $1,450 | $0.92 | 45d | 1 | 0.52mi |
| 801 N Gladstone Ave Indianapolis, IN | 3.0 | 1.5 | 1776 | $1,225 | $0.69 | 45d | 1 | 0.56mi |
| 622 N Linwood Ave Indianapolis, IN | 3.0 | 2.0 | 985 | $1,299 | $1.32 | 45d | 1 | 0.57mi |
| 822 N Bradley Ave Unit 822 Indianapolis, IN | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 45d | 1 | 0.58mi |
| 822 N Bradley Ave Unit 822 Indianapolis, IN | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 0d | 1 | 0.58mi |
| 28 S Dearborn St Unit A Indianapolis, IN | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 12d | 1 | 0.59mi |
| 28 S Dearborn St Unit B Indianapolis, IN | 2.0 | 1.5 | 1166 | $1,150 | $0.99 | 25d | 1 | 0.59mi |
| 408 N Dearborn St Indianapolis, IN | 3.0 | 2.5 | 1740 | $1,750 | $1.01 | 45d | 1 | 0.62mi |
| 253 N Gray St Indianapolis, IN | 3.0 | 1.5 | 1176 | $1,660 | $1.41 | 9d | 1 | 0.63mi |
| 430 N Dearborn St Indianapolis, IN | 3.0 | 1.0 | 1128 | $1,300 | $1.15 | 45d | 1 | 0.64mi |
| 20 N Gray St Indianapolis, IN | 3.0 | 2.0 | 1300 | $1,800 | $1.38 | 45d | 1 | 0.64mi |
| 4831 E Washington St Unit 4 Indianapolis, IN | 2.0 | 2.0 | 1000 | $995 | $0.99 | 25d | 1 | 0.66mi |
| 3123 E Michigan St Indianapolis, IN | 2.0 | 1.0 | 1200 | $625 | $0.52 | 0d | 1 | 0.66mi |
| 706 N Bosart Ave Indianapolis, IN | 2.0 | 1.0 | 1000 | $1,070 | $1.07 | 25d | 1 | 0.67mi |
| 510 N Dearborn St Indianapolis, IN | 3.0 | 1.0 | 1008 | $1,350 | $1.34 | 45d | 1 | 0.68mi |
| 729 N Bosart Ave Indianapolis, IN | 2.0 | 1.0 | 888 | $1,195 | $1.35 | 25d | 1 | 0.71mi |
| 409 N Oakland Ave Unit 411 Indianapolis, IN | 3.0 | 2.0 | 1300 | $1,495 | $1.15 | 45d | 1 | 0.72mi |
| 408 N Oakland Ave Unit A Indianapolis, IN | 2.0 | 2.0 | 1100 | $995 | $0.90 | 0d | 1 | 0.74mi |
| 408 N Oakland Ave Unit A Indianapolis, IN | 2.0 | 2.0 | 1100 | $995 | $0.90 | 19d | 1 | 0.74mi |
| 415 N Dequincy St Indianapolis, IN | 3.0 | 2.0 | 1250 | $1,900 | $1.52 | 16d | 1 | 0.74mi |
| 253 S Gray St Indianapolis, IN | 3.0 | 1.5 | 1176 | $1,660 | $1.41 | 3d | 1 | 0.75mi |
| 306 N Riley Ave Indianapolis, IN | 3.0 | 1.0 | 1320 | $1,095 | $0.83 | 19d | 1 | 0.76mi |
| 117 N Riley Ave Indianapolis, IN | 3.0 | 3.0 | 1664 | $1,600 | $0.96 | 21d | 1 | 0.77mi |
Listing history 50 events
-
2026-06-21days on market $125,000 Active 54 DOM
-
2026-06-18days on market $125,000 Active 51 DOM
-
2026-06-17days on market $125,000 Active 50 DOM
-
2026-06-16days on market $125,000 Active 49 DOM
-
2026-06-15days on market $125,000 Active 48 DOM
-
2026-06-13days on market $125,000 Active 46 DOM
-
2026-06-13pricedays on market $125,000 Active 45 DOM
-
2026-06-09days on market $128,000 Active 42 DOM
-
2026-06-08pricedays on market $128,000 Active 41 DOM
-
2026-06-07pricedays on market $130,000 Active 40 DOM
-
2026-06-03days on market $135,000 Active 36 DOM
-
2026-06-02days on market $135,000 Active 35 DOM
-
2026-06-01days on market $135,000 Active 34 DOM
-
2026-05-31days on market $135,000 Active 33 DOM
-
2026-04-28price $135,000 742-char remark
-
2026-04-27$235,000 Active 742-char remark
-
2025-05-06soldstatus $128,900 Closed 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-04-02status Pending 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-03-27status Active 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-03-17status Pending 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-03-07price $123,900 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-03-04status Active 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-02-23status Pending 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-02-12price $125,000 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-01-31status Active 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-01-24status Pending 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-01-08price $127,000 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2025-01-02price $129,555 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2024-12-18price $134,900 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2024-12-03$139,900 Active 429-char remark
Show marketing remark (429 chars)
Step inside this newly updated & affordable East side gem! This home has beautiful granite countertops, a stunning full tiled & completely new bathroom, a newer roof, brand new water heater, newer vinyl windows, furnace & central AC! With two bedrooms that are of generous size on the second floor and a large storage room. Don't miss this opportunity with the major updates this home has at such an unbeatable price!
-
2024-11-01soldstatus $61,000 Closed
Show marketing remark (113 chars)
Great investment opportunity!MULTIPLE OFFERS RECEIVED! BEST AND FINAL OFFERS DUE BY 8:00PM WEDNESDAY OCTOBER 9TH.
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2024-10-12status Pending
Show marketing remark (113 chars)
Great investment opportunity!MULTIPLE OFFERS RECEIVED! BEST AND FINAL OFFERS DUE BY 8:00PM WEDNESDAY OCTOBER 9TH.
-
2024-10-07$45,000 Active
Show marketing remark (113 chars)
Great investment opportunity!MULTIPLE OFFERS RECEIVED! BEST AND FINAL OFFERS DUE BY 8:00PM WEDNESDAY OCTOBER 9TH.
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2024-01-24historical
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2023-11-14
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2021-04-29historical
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2021-04-13$119,900 Active
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2020-11-04soldstatus $45,000 Sold
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2020-10-16status Pending
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2020-10-10price $59,900
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2020-10-09$67,500 Active
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2020-01-10soldstatus $39,500 Sold
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2019-12-24status Pending
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2019-12-07$45,000 Active
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2019-11-26status Active
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2019-11-26historical
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2019-06-25status Pending
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2019-05-31price $52,500
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2019-05-17price $55,000
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2019-04-26price $59,900
ⓘ 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
- $731 · $61/mo
- Projected year-2 tax
- $897 · $75/mo
- Expected delta
- +$166/yr (+$14/mo · 22.6%)
ⓘ 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 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,861
- − Mortgage interest
- −$7,002
- − Property taxes
- −$731
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,269
- − Management
- −$1,269
- − Depreciation
- −$3,636
- Taxable income
- $1,329
- Est. tax owed @ 24.0%
- −$319
- After-tax cash flow
- $2,989/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)
- 30,335
- Household income
- $49,195
- Rent vs Own
- Severe rent burden
- 1906.0
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 0.63)
- Race & ethnicity
- White 53% Hispanic / Latino 23% Black 18% Two or more races 9%
- Hispanic origin (detail)
- Mexican 14% Puerto Rican 2%
- Common ancestry
- Slovak 2% Lithuanian 2% Italian 1%
- Foreign-born
- 9% · Canada
- Languages at home
- 81% English-only · Spanish 17%
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
- ▼ -192.51%
- Current HPI
- 375.0969
- Rent YoY
- ▲ 7.31%
- 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 |
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| Healthcare | 1 | $177B |
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| Pharmaceuticals | 1 | $45B |
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| Metals / Steel | 1 | $18B |
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| Agriculture | 1 | $17B |
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| Packaging | 1 | $12B |
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Price history
+279.9% since first listed47 events — show timeline
- 2026-06-13 Price Changed $125,000 MIBOR as Distributed by MLS Grid
- 2026-06-08 Price Changed $128,000 MIBOR as Distributed by MLS Grid
- 2026-06-07 Price Changed $130,000 MIBOR as Distributed by MLS Grid
- 2026-04-28 Price Changed $135,000 MIBOR as Distributed by MLS Grid
- 2026-04-27 Listed $235,000 MIBOR as Distributed by MLS Grid
- 2025-05-06 Sold (MLS) $128,900 MIBOR as Distributed by MLS Grid
- 2025-04-02 Pending — MIBOR as Distributed by MLS Grid
- 2025-03-27 Relisted — MIBOR as Distributed by MLS Grid
- 2025-03-17 Pending — MIBOR as Distributed by MLS Grid
- 2025-03-07 Price Changed $123,900 MIBOR as Distributed by MLS Grid
- 2025-03-04 Relisted — MIBOR as Distributed by MLS Grid
- 2025-02-23 Pending — MIBOR as Distributed by MLS Grid
- 2025-02-12 Price Changed $125,000 MIBOR as Distributed by MLS Grid
- 2025-01-31 Relisted — MIBOR as Distributed by MLS Grid
- 2025-01-24 Pending — MIBOR as Distributed by MLS Grid
- 2025-01-08 Price Changed $127,000 MIBOR as Distributed by MLS Grid
- 2025-01-02 Price Changed $129,555 MIBOR as Distributed by MLS Grid
- 2024-12-18 Price Changed $134,900 MIBOR as Distributed by MLS Grid
- 2024-12-03 Listed $139,900 MIBOR as Distributed by MLS Grid
- 2024-11-01 Sold (MLS) $61,000 MIBOR as Distributed by MLS Grid
- 2024-10-12 Pending — MIBOR as Distributed by MLS Grid
- 2024-10-07 Listed $45,000 MIBOR as Distributed by MLS Grid
- 2024-01-24 Rental Removed — RENTLY
- 2023-11-14 Listed for Rent — RENTLY
- 2021-04-29 Listing Removed — MIBOR as Distributed by MLS Grid
- 2021-04-13 Listed $119,900 MIBOR as Distributed by MLS Grid
- 2020-11-04 Sold (MLS) $45,000 MIBOR as Distributed by MLS Grid
- 2020-10-16 Pending — MIBOR as Distributed by MLS Grid
- 2020-10-10 Price Changed $59,900 MIBOR as Distributed by MLS Grid
- 2020-10-09 Listed $67,500 MIBOR as Distributed by MLS Grid
- 2020-01-10 Sold (MLS) $39,500 MIBOR as Distributed by MLS Grid
- 2019-12-24 Pending — MIBOR as Distributed by MLS Grid
- 2019-12-07 Listed $45,000 MIBOR as Distributed by MLS Grid
- 2019-11-26 Relisted — MIBOR as Distributed by MLS Grid
- 2019-11-26 Listing Removed — MIBOR as Distributed by MLS Grid
- 2019-06-25 Pending — MIBOR as Distributed by MLS Grid
- 2019-05-31 Price Changed $52,500 MIBOR as Distributed by MLS Grid
- 2019-05-17 Price Changed $55,000 MIBOR as Distributed by MLS Grid
- 2019-04-26 Price Changed $59,900 MIBOR as Distributed by MLS Grid
- 2019-04-25 Listed $60,000 MIBOR as Distributed by MLS Grid
- 2004-05-12 Sold (MLS) $28,675 MIBOR as Distributed by MLS Grid
- 2004-03-05 Listed $31,000 MIBOR as Distributed by MLS Grid
- 2000-09-21 Sold (Public Records) $36,610 Public Records
- 2000-09-05 Sold (MLS) $35,900 MIBOR as Distributed by MLS Grid
- 2000-07-27 Listed $34,900 MIBOR as Distributed by MLS Grid
- 2000-07-20 Listing Removed — MIBOR as Distributed by MLS Grid
- 2000-03-22 Listed $32,900 MIBOR as Distributed by MLS Grid
Property tax history
+0.1%/yrLatest (2025): $731 · -66.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…