931 N Oakland 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 102°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 +21.4/30.0
- ARV discount +15.0/15.0
- DSCR +6.8/10.0
- 1% rule +4.7/10.0
- 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
$165,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
Key facts
- Modern fireplace
- Parking pad
- Granite countertops
Tags
Property features AI
Exterior
- Parking: Alley access with gravel parking
- Security: Security system; Smart lock(s)
- Utilities: Public water; Municipal sewer connected; Solid waste service available
- Home design: Single-family residence; Updated/remodeled condition; Two levels (main and upper); Less than 1/4 acre lot
- Construction: Vinyl siding; Block foundation
- Exterior features: Covered porch; Smart locks; Storage shed; Full yard fencing; Mature trees; Sidewalks
Interior
- Kitchen: Refrigerator; Electric oven; Microwave; Dishwasher; Pantry
- Bedrooms: Two upper-level bedrooms (each approx. 14x14)
- Flooring: Luxury vinyl plank throughout main and upper rooms
- Bathrooms: One full bathroom (upper level); One half bathroom (main level)
- Heating & cooling: Forced-air heating (natural gas); Central air conditioning; Electric fireplace
- Interior features: Painted woodwork; Pantry; Smoke alarm
- Laundry & utility: Main-level laundry (6x7); Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.5-bath single-family listed at $165k.
Deal economics
- At list price, monthly cash flow is $245 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $161k (2.6% below list).
- Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.1% 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.
- Market conditions: Rents rising fast (+7.3%/yr); 480 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 39% 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 $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 + 7.3% rent growth), your $46k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 127 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 5y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 0.97% ✗
- Cap rate
- 8.07%
- Cash-on-cash
- 6.36%
- DSCR
- 1.28
- GRM
- 8.6
CMA / ARV
- ARV (on-the-fly)
- $221,760
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 435 N Rural St | 0.48mi | 3/1.0 (-1) | 1,470 (+2%) | 2mo | $100,000 | $68 | 66 |
| 401 N Temple Ave | 0.59mi | 3/2.0 (-1) | 1,434 (-0%) | 2mo | $255,000 | $178 | 63 |
| 505 N Keystone Ave | 0.58mi | 3/2.0 (-1) | 1,435 (-0%) | 4mo | $290,000 | $202 | 62 |
| 914 N Ewing St | 0.38mi | 3/2.0 (-1) | 1,560 (+8%) | 1mo | $205,000 | $131 | 60 |
| 818 N Oakland Ave | 0.14mi | 3/1.0 (-1) | 1,653 (+15%) | 4mo | $128,000 | $77 | 59 |
| 2626 E North St | 0.40mi | 3/2.5 (-1) | 1,540 (+7%) | 4mo | $280,000 | $182 | 58 |
| 238 N Tacoma Ave | 0.75mi | 3/2.0 (-1) | 1,412 (-2%) | 5mo | $292,500 | $207 | 51 |
| 1223 N Temple Ave | 0.38mi | 3/2.0 (-1) | 1,234 (-14%) | 3mo | $190,000 | $154 | 49 |
| 741 N Denny St | 0.73mi | 3/2.0 (-1) | 1,558 (+8%) | 1mo | $169,900 | $109 | 44 |
| 245 N Tacoma Ave | 0.72mi | 3/2.0 (-1) | 1,510 (+5%) | 10mo | $370,000 | $245 | 43 |
| 3417 Brookside Parkway Dr S | 0.63mi | 3/2.5 (-1) | 1,586 (+10%) | 8mo | $185,000 | $117 | 38 |
| 2621 Brookway St | 0.73mi | 3/1.0 (-1) | 1,584 (+10%) | 7mo | $121,440 | $77 | 36 |
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
- -2.2%
- Equity multiple
- 0.92×
- Total profit
- $-3,923
- Equity at exit
- $24,602
- IRR
- 11.4%
- Equity multiple
- 2.06×
- Total profit
- $49,093
- Equity at exit
- $14,266
Cash invested: $46,200 (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
ZIP-level market 46201
- Home prices YoY
- -33.9%
- Rents YoY
- 7.3%
- Active inventory
- 480
- Price-to-rent
- 8.6×
Monthly cashflow live
- Estimated rent
- $1,608 high interval (Pro) →
- Mortgage (P&I)
- −$865
- Tax from tax record
- −$91 /mo · $1,094/yr
- Insurance
- −$69
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$338
- Net cashflow
- $245
Break-even live
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
- $41,250
- Closing costs
- $4,950
- 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 |
|---|---|---|---|---|---|---|---|---|
| 849 N Oakland Ave Indianapolis, IN | 4.0 | 3.0 | 1638 | $2,350 | $1.43 | 12d | 1 | 0.06mi |
| 818 N Oakland Ave Unit 46201 Indianapolis, IN | 3.0 | 1.5 | 1332 | $1,550 | $1.16 | 44d | 1 | 0.12mi |
| 933 N Dearborn St Indianapolis, IN | 3.0 | 1.5 | 1204 | $1,500 | $1.25 | 44d | 1 | 0.12mi |
| 1036 N Parker Ave Indianapolis, IN | 4.0 | 2.0 | 1342 | $1,745 | $1.30 | 4d | 1 | 0.17mi |
| 1038 N Parker Ave Indianapolis, IN | 4.0 | 2.0 | 1342 | $1,745 | $1.30 | 4d | 1 | 0.17mi |
| 849 N Rural St Unit 849 Indianapolis, IN | 3.0 | 2.5 | 1300 | $2,000 | $1.54 | 44d | 1 | 0.19mi |
| 840 N Lasalle St Indianapolis, IN | 3.0 | 1.0 | 1215 | $1,100 | $0.91 | 24d | 1 | 0.19mi |
| 909 N Lasalle St Indianapolis, IN | 3.0 | 2.0 | 1717 | $1,600 | $0.93 | 44d | 1 | 0.19mi |
| 851 N Rural St Indianapolis, IN | 3.0 | 2.5 | 1300 | $1,700 | $1.31 | 24d | 1 | 0.19mi |
| 639 N Gray St Indianapolis, IN | 3.0 | 1.5 | 1120 | $1,220 | $1.09 | 44d | 1 | 0.19mi |
| 632 N Gray St Indianapolis, IN | 3.0 | 1.0 | 960 | $1,800 | $1.88 | 44d | 1 | 0.20mi |
| 637 N Gray St Indianapolis, IN | 3.0 | 1.5 | 1120 | $1,150 | $1.03 | 44d | 1 | 0.20mi |
| 645 N Oxford St Indianapolis, IN | 4.0 | 1.5 | 1344 | $1,500 | $1.12 | 24d | 1 | 0.20mi |
| 1113 N Oxford St Indianapolis, IN | 3.0 | 2.0 | 1100 | $1,495 | $1.36 | 7d | 1 | 0.23mi |
| 1119 N Dearborn St Indianapolis, IN | 3.0 | 1.5 | 1200 | $1,249 | $1.04 | 44d | 1 | 0.24mi |
| 639 N Rural St Indianapolis, IN | 3.0 | 1.0 | 1000 | $1,675 | $1.68 | 18d | 1 | 0.26mi |
| 960 Eastern Ave Indianapolis, IN | 3.0 | 1.5 | 1616 | $1,500 | $0.93 | 44d | 1 | 0.26mi |
| 960 Eastern Ave Indianapolis, IN | 3.0 | 1.5 | 1616 | $1,500 | $0.93 | 24d | 1 | 0.26mi |
| 953 N Tuxedo St Indianapolis, IN | 3.0 | 1.0 | 1200 | $950 | $0.79 | 24d | 1 | 0.26mi |
| 1018 N Tuxedo St Unit 1016 Indianapolis, IN | 3.0 | 1.5 | 1250 | $1,099 | $0.88 | 44d | 1 | 0.27mi |
| 1214 N Oakland Ave Indianapolis, IN | 3.0 | 2.0 | 1464 | $1,350 | $0.92 | 14d | 1 | 0.28mi |
| 1216 N Oakland Ave Indianapolis, IN | 3.0 | 2.0 | 1464 | $1,550 | $1.06 | 14d | 1 | 0.28mi |
| 619 N Rural St Indianapolis, IN | 3.0 | 2.0 | 1300 | $1,600 | $1.23 | 24d | 1 | 0.29mi |
| 510 N Dearborn St Indianapolis, IN | 3.0 | 1.0 | 1008 | $1,350 | $1.34 | 44d | 1 | 0.37mi |
| 2903 E Michigan St Indianapolis, IN | 3.0 | 2.0 | 1310 | $1,650 | $1.26 | 15d | 1 | 0.40mi |
| 1015 N Gale St Indianapolis, IN | 3.0 | 2.0 | 1200 | $1,550 | $1.29 | 15d | 1 | 0.41mi |
| 627 N Tacoma Ave Indianapolis, IN | 3.0 | 1.0 | 1160 | $1,350 | $1.16 | 10d | 1 | 0.42mi |
| 625 N Tacoma Ave Indianapolis, IN | 3.0 | 1.0 | 1160 | $1,350 | $1.16 | 10d | 1 | 0.42mi |
| 613-615 N Jefferson Indianapolis, IN | 3.0 | 1.0 | 1030 | $1,600 | $1.55 | 15d | 1 | 0.42mi |
| 430 N Dearborn St Indianapolis, IN | 3.0 | 1.0 | 1128 | $1,300 | $1.15 | 44d | 1 | 0.45mi |
| 409 N Oakland Ave Unit 411 Indianapolis, IN | 3.0 | 2.0 | 1300 | $1,495 | $1.15 | 44d | 1 | 0.48mi |
| 408 N Dearborn St Indianapolis, IN | 3.0 | 2.5 | 1740 | $1,750 | $1.01 | 44d | 1 | 0.49mi |
| 929 N Beville Ave Indianapolis, IN | 3.0 | 1.0 | 1328 | $1,395 | $1.05 | 24d | 1 | 0.50mi |
| 826 N Beville Ave Indianapolis, IN | 3.0 | 1.0 | 1472 | $1,295 | $0.88 | 2d | 1 | 0.53mi |
| 826 N Beville Ave Indianapolis, IN | 3.0 | 1.0 | 1472 | $1,295 | $0.88 | 4d | 1 | 0.53mi |
| 418 Eastern Ave Indianapolis, IN | 3.0 | 1.0 | 1008 | $1,325 | $1.31 | 24d | 1 | 0.53mi |
| 1341 N Gale St Indianapolis, IN | 4.0 | 2.0 | 899 | $2,000 | $2.22 | 24d | 1 | 0.56mi |
| 940 Jefferson Ave Unit 1 Indianapolis, IN | 3.0 | 1.5 | 1500 | $1,400 | $0.93 | 22d | 1 | 0.59mi |
| 635 Jefferson Ave Indianapolis, IN | 3.0 | 1.5 | 1744 | $1,700 | $0.97 | 44d | 1 | 0.59mi |
| 253 N Gray St Indianapolis, IN | 3.0 | 1.5 | 1176 | $1,660 | $1.41 | 7d | 1 | 0.59mi |
Listing history 33 events
-
2026-06-18days on market $165,000 Active 127 DOM
-
2026-06-17days on market $165,000 Active 126 DOM
-
2026-06-16days on market $165,000 Active 125 DOM
-
2026-06-15days on market $165,000 Active 124 DOM
-
2026-06-13days on market $165,000 Active 122 DOM
-
2026-06-13days on market $165,000 Active 121 DOM
-
2026-06-09days on market $165,000 Active 118 DOM
-
2026-06-08days on market $165,000 Active 117 DOM
-
2026-06-07days on market $165,000 Active 116 DOM
-
2026-06-03days on market $165,000 Active 112 DOM
-
2026-06-02days on market $165,000 Active 111 DOM
-
2026-06-01days on market $165,000 Active 110 DOM
-
2026-05-31days on market $165,000 Active 109 DOM
-
2026-05-01status Pending
-
2026-03-07price $175,000
-
2026-01-16$185,000 Active
-
2022-02-28soldstatus $146,800 Closed 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2022-02-03status Pending 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2022-01-28price $164,900 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2022-01-13price $170,000 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-11-13status Active 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-10-16status Active 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-10-02historical 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-09-30status Active 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-09-22historical 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-09-13status Pending 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-09-10$175,000 Active 550-char remark
Show marketing remark (550 chars)
Charming newly fully rehabbed 2 bedrooms 1 1/2 baths. Updated kitchen with granite counters, all new stainless steel appliances. Lovely living room with entertainment console & modern fireplace. New roof & siding, new floors, new paint, new HVAC system, new plumbing and more! The property has a private back deck enjoy hosting and BBQ in private back yard or sit on your front porch for afternoon tea or a cool lemonade. Great for first time buyer. Close to all major shopping areas and downtown Indy. You don't want to miss out on this one!
-
2021-08-30historical
-
2021-08-11price $175,000
-
2021-07-24price $185,000
-
2021-07-10status Active
-
2021-06-21status Pending
-
2021-06-18$190,000 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
- $1,094 · $91/mo
- Projected year-2 tax
- $1,248 · $104/mo
- Expected delta
- +$154/yr (+$13/mo · 14.1%)
ⓘ 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 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
- $19,290
- − Mortgage interest
- −$9,243
- − Property taxes
- −$1,094
- − Insurance
- −$825
- − Repairs & maintenance
- −$1,543
- − Management
- −$1,543
- − Depreciation
- −$4,800
- Taxable income
- $242
- Est. tax owed @ 24.0%
- −$58
- After-tax cash flow
- $2,879/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 |
|
||
| Healthcare | 1 | $177B |
|
||
| Pharmaceuticals | 1 | $45B |
|
||
| Metals / Steel | 1 | $18B |
|
||
| Agriculture | 1 | $17B |
|
||
| Packaging | 1 | $12B |
|
||
Price history
-7.9% since first listed20 events — show timeline
- 2026-05-01 Pending — MIBOR as Distributed by MLS Grid
- 2026-03-07 Price Changed $175,000 MIBOR as Distributed by MLS Grid
- 2026-01-16 Listed $185,000 MIBOR as Distributed by MLS Grid
- 2022-02-28 Sold (MLS) $146,800 MIBOR as Distributed by MLS Grid
- 2022-02-03 Pending — MIBOR as Distributed by MLS Grid
- 2022-01-28 Price Changed $164,900 MIBOR as Distributed by MLS Grid
- 2022-01-13 Price Changed $170,000 MIBOR as Distributed by MLS Grid
- 2021-11-13 Relisted — MIBOR as Distributed by MLS Grid
- 2021-10-16 Relisted — MIBOR as Distributed by MLS Grid
- 2021-10-02 Listing Removed — MIBOR as Distributed by MLS Grid
- 2021-09-30 Relisted — MIBOR as Distributed by MLS Grid
- 2021-09-22 Listing Removed — MIBOR as Distributed by MLS Grid
- 2021-09-13 Pending — MIBOR as Distributed by MLS Grid
- 2021-09-10 Listed $175,000 MIBOR as Distributed by MLS Grid
- 2021-08-30 Listing Removed — MIBOR as Distributed by MLS Grid
- 2021-08-11 Price Changed $175,000 MIBOR as Distributed by MLS Grid
- 2021-07-24 Price Changed $185,000 MIBOR as Distributed by MLS Grid
- 2021-07-10 Relisted — MIBOR as Distributed by MLS Grid
- 2021-06-21 Pending — MIBOR as Distributed by MLS Grid
- 2021-06-18 Listed $190,000 MIBOR as Distributed by MLS Grid
Property tax history
+8.7%/yrLatest (2025): $1,094 · +6.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…