1210 Harrison St · Lowell, IN 46356

$127,000

3 bd · 1.0 ba · 1,542 sqft · SingleFamily public records · 65 Days on market

Built 1910 Fair condition 0.28 ac lot Garage $82/sqft · 49% below area Est $248k · 49% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.3/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

This 3-bedroom, 1-bath home situated on a wooded lot offers great potential for your next project. Featuring a new roof and new siding, much of the exterior work is already complete. The interior is ready for your vision and finishing touches. Don't miss the chance to add value and make it your own -- schedule your showing today!

Key facts

• New siding
• Wooded lot
• New roof

Tags

• NEW ROOF
• NEW SIDING
• WOODED LOT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $127k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $975 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $127k).
• Recommended offer: $119k (6.0% below list) — sets the bar for market timing.
• Cap rate 15.5% vs local median 3.8% in Lowell — 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 76/100 on livability (#51 in IN, #3,455 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, amenities F, commute F.
• Tri-Creek School Corporation (town): math 46% / reading 56% proficiency, ranked #39 of 301 in IN (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Oak Hill Elementary School (math 69% / reading 54%, grade B, #117 of 994 statewide, top 12%, 563 students, 30% FRL); Lowell Middle School (math 36% / reading 54%, grade D, #81 of 330 statewide, top 25%, 742 students, 33% FRL); Lowell Senior High School (math 31% / reading 75%, grade C-, #99 of 369 statewide, top 27%, 1,033 students, 29% FRL).
• Market conditions: 431 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 48d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,642 units permitted in Lake County in 2024 (14 in 5+ unit buildings).
• This rent runs 32% of the median local income ($88k/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 $878 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lake County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $95k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

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

Recommended offer $119,380 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.86% ✓
• Cap rate: 15.51%
• Cash-on-cash: 32.91%
• DSCR: 2.46
• GRM: 4.5

CMA / ARV

• ARV (median comp): $247,906
• List price: $127,000
• Delta: -48.77%
• 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
339 Azalea Ln	0.18mi	3/2.0	1,620 (+5%)	3mo	$289,900	$179	76
303 Burnham St	0.33mi	3/1.0	1,480 (-4%)	2mo	$270,000	$182	76
1507 Harrison St	0.27mi	3/1.5	1,452 (-6%)	8mo	$287,000	$198	69
5779 Arthur Ave	0.52mi	3/2.0	1,592 (+3%)	1mo	$330,000	$207	66
1517 Tiffany Ct	0.32mi	3/1.0	1,338 (-13%)	1mo	$225,000	$168	62
128 Halsted St	0.64mi	2/1.0 (-1)	1,568 (+2%)	2mo	$175,000	$112	61
342 Woodbridge Dr	0.34mi	3/2.0	1,365 (-12%)	1mo	$280,000	$205	60
17813 Violette Way	0.73mi	3/2.5	1,517 (-2%)	0mo	$317,404	$209	57
404 N Burr St	0.50mi	3/2.0	1,360 (-12%)	3mo	$280,000	$206	50
17513 Calhoun St	0.50mi	3/1.0	1,336 (-13%)	10mo	$255,000	$191	47
201 Crestline Dr	0.56mi	3/1.5	1,378 (-11%)	9mo	$315,000	$229	46
418 Joe Martin Rd	0.55mi	2/2.0 (-1)	1,332 (-14%)	4mo	$270,000	$203	39

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.1%
• Equity multiple: 2.17×
• Total profit: $41,585
• Equity at exit: $18,936

10-year hold

• IRR: 35.6%
• Equity multiple: 4.27×
• Total profit: $116,375
• Equity at exit: $10,981

Cash invested: $35,560 (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 →

Seller's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 7 active · 20 under contract
• Months of supply: 2.2 mo (45%/mo absorbed)
• Median asking: $364,900 ($217/sqft)
• Median days on market: 29 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -26.0% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 46356

• Home prices YoY: -30.1%
• Active inventory: 431
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,359 high
• Mortgage (P&I): −$666
• Tax from tax record: −$170 /mo · $2,036/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$495
• Net cashflow: $975

Break-even live

Break-even rent $1,125

Max offer price $127,000

Occupancy floor 54%

Sensitivity live

Price	-10% $1,047	-5% $1,011	+0% $975	+5% $939	+10% $903
Rent	-10% $789	-5% $882	+0% $975	+5% $1,069	+10% $1,162
Rate	-1.0pp $1,039	-0.5pp $1,008	base $975	+0.5pp $942	+1.0pp $909

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: $31,750
• Closing costs: $3,810
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
561 Eastwood Dr Lowell, IN	3.0	2.0	1344	$2,600	$1.93	32d	1	0.89mi
673 Joe Martin Rd Lowell, IN	3.0	2.0	1344	$2,095	$1.56	7d	1	0.91mi
445 Cheyenne Dr Lowell, IN	4.0	2.0	1958	$1,895	$0.97	73d	1	1.17mi
4507 W 173rd Ave Lowell, IN	4.0	3.0	1900	$2,800	$1.47	68d	1	1.30mi
510 Creekside Dr Lowell, IN	1.0–3.0	1.0–2.0	1037	$1,795	$1.73	0d	6	1.37mi
8301 Kannon Dr Lowell, IN	3.0	2.5	1717	$2,800	$1.63	64d	1	1.42mi
8366 Kannon Dr Lowell, IN	3.0	2.5	1840	$2,450	$1.33	48d	1	1.45mi

Property features AI

Exterior

• Parking: Detached garage2 garage spaces
• Utilities: Public waterPublic sewer
• Home design: One and one-half story homeBuilt in 1910Property listed as fixer condition
• Construction: Vinyl siding
• Exterior features: Private yardNeighborhood view

Interior

• Kitchen: No appliances reported
• Bedrooms: Primary bedroomBedroom 2Bedroom 3
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heatingNo cooling reported
• Interior features: No notable built-in interior features reportedCrawl space basement
• Laundry & utility: Laundry room

Listing history 50 events

1. 2026-08-08
   days on market $127,000 Active 65 DOM
2. 2026-08-06
   days on market $127,000 Active 63 DOM
3. 2026-08-05
   days on market $127,000 Active 62 DOM
4. 2026-08-04
   days on market $127,000 Active 61 DOM
5. 2026-08-03
   days on market $127,000 Active 60 DOM
6. 2026-07-31
   days on market $127,000 Active 57 DOM
7. 2026-07-30
   days on market $127,000 Active 56 DOM
8. 2026-07-30
   days on market $127,000 Active 55 DOM
9. 2026-07-28
   days on market $127,000 Active 54 DOM
10. 2026-07-26
    days on market $127,000 Active 52 DOM
11. 2026-07-24
    days on market $127,000 Active 50 DOM
12. 2026-07-23
    days on market $127,000 Active 49 DOM
13. 2026-07-22
    days on market $127,000 Active 48 DOM
14. 2026-07-21
    days on market $127,000 Active 47 DOM
15. 2026-07-20
    days on market $127,000 Active 46 DOM
16. 2026-07-18
    days on market $127,000 Active 44 DOM
17. 2026-07-18
    days on market $127,000 Active 43 DOM
18. 2026-07-16
    days on market $127,000 Active 42 DOM
19. 2026-07-15
    days on market $127,000 Active 41 DOM
20. 2026-07-14
    days on market $127,000 Active 40 DOM
21. 2026-07-13
    days on market $127,000 Active 39 DOM
22. 2026-07-13
    days on market $127,000 Active 38 DOM
23. 2026-07-11
    days on market $127,000 Active 37 DOM
24. 2026-07-10
    days on market $127,000 Active 36 DOM
25. 2026-07-09
    days on market $127,000 Active 35 DOM
26. 2026-07-07
    days on market $127,000 Active 33 DOM
27. 2026-07-06
    days on market $127,000 Active 32 DOM
28. 2026-07-06
    days on market $127,000 Active 31 DOM
29. 2026-07-05
    days on market $127,000 Active 30 DOM
30. 2026-07-03
    days on market $127,000 Active 29 DOM
31. 2026-07-02
    days on market $127,000 Active 28 DOM
32. 2026-07-01
    days on market $127,000 Active 27 DOM
33. 2026-06-30
    days on market $127,000 Active 26 DOM
34. 2026-06-29
    days on market $127,000 Active 25 DOM
35. 2026-06-28
    days on market $127,000 Active 24 DOM
36. 2026-06-27
    days on market $127,000 Active 23 DOM
37. 2026-06-26
    days on market $127,000 Active 22 DOM
38. 2026-06-24
    days on market $127,000 Active 20 DOM
39. 2026-06-22
    days on market $127,000 Active 18 DOM
40. 2026-06-21
    days on market $127,000 Active 17 DOM
41. 2026-06-18
    days on market $127,000 Active 14 DOM
42. 2026-06-17
    days on market $127,000 Active 13 DOM
43. 2026-06-16
    days on market $127,000 Active 12 DOM
44. 2026-06-15
    days on market $127,000 Active 11 DOM
45. 2026-06-13
    days on market $127,000 Active 9 DOM
46. 2026-06-09
    days on market $127,000 Active 5 DOM
47. 2026-06-08
    days on market $127,000 Active 4 DOM
48. 2026-06-07
    statusdays on marketlisting id $127,000 Active 3 DOM
49. 2026-05-17
    historical
50. 2026-05-05
    price $127,000

ⓘ 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: $2,036 · $170/mo
• Projected year-2 tax: $2,036 · $170/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 2/10 Low 7 d/yr ≥101°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,313
• − Mortgage interest: −$7,114
• − Property taxes: −$2,036
• − Insurance: −$635
• − Repairs & maintenance: −$2,265
• − Management: −$2,265
• − Depreciation: −$3,695
• Taxable income: $10,304
• Est. tax owed @ 24.0%: −$2,473
• After-tax cash flow: $9,232/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Fair 45/100 Moderate rehab Est. rehab $38,550–$69,390 screening

This 3-bedroom, 1-bath home has a fair condition with moderate rehabilitation needs. The home has a new roof and siding, but the interior requires significant repairs and updates to improve its resale and rental value.

Deferred maintenance Est. $60,000–$180,000 screening

• Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — roof appears damaged and missing shingles
• Major Windows (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — windows appear damaged and missing glass
• Major Electrical (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — electrical panel appears damaged and missing components
• Major Plumbing (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — plumbing fixtures appear damaged and missing components
• Major Exterior (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — exterior siding appears damaged and missing panels
• Major Other (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — other components appear damaged and missing

Repairs flagged

• Major Flooring — Worn carpet and subfloor need replacement.
• Major Interior walls — Peeling wallpaper and exposed subfloor need repair.
• Major Bathrooms — Exposed subfloor and worn fixtures need replacement.
• Major Systems — Exposed subfloor and worn fixtures need repair.

Value-add opportunities

• Resale New flooring — New flooring will improve the home's appearance and functionality. ↑
• Resale New interior walls — New interior walls will improve the home's appearance and functionality. ↑
• Resale New bathrooms — New bathrooms will improve the home's appearance and functionality. ↑
• Resale New systems — New systems will improve the home's functionality and energy efficiency. ↑
• Both Landscaping — Landscaping will improve the home's curb appeal and increase its value. ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 53/100

Zoned Schools

Elementary Oak Hill Elementary School B IN #117/994 Nat'l #6,818/41,679 Middle Lowell Middle School D IN #81/330 Nat'l #4,622/14,009 High Lowell Senior High School C- IN #99/369 Nat'l #4,893/17,239

Schools (NCES district)

• District: Tri-Creek School Corporation
• NCES district ID: 1811460
• Math proficiency: 46% ▼ -8.00%
• Reading proficiency: 56% ▼ -5.00%
• Median HH income: $64,614
• Composite: 44.97/100
• National rank: #2704
• State rank: #39 of 301 in IN

B Composite livability gradescore 76/100

Livability — Lowell

• Score: 76/100
• State rank: #51
• US rank: #3455

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lowell, IN
• County: Lake · 484,026 people
• City population: 19,396
• Metro: Chicago-Naperville-Elgin, IL-IN
• Population (ZIP): 19,396
• Household income: $87,535
• Rent vs Own: 10.8% rent · 89.2% own
• Severe rent burden: 7% of renters

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Population outlook (Lake County) Hauer SSP2

• Today (2025): 484,026 people
• By 2030: 478,091 · -1.2%
• By 2040: 462,974 · -4.3%
• By 2050: 449,894 · -7.1%
• By 2075: 436,169 · -9.9%
• By 2100: 426,607 · -11.9%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 9% Two or more races 6%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 16% Iranian 10% Lithuanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 4% Russian/Polish/Slavic 1%

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Political lean MEDSL · Lake

• 2024 margin: Lean D (+5.6) · D 52.1% · R 46.5% · Other 1.5%
• 2008→2024 swing: -28.6pp toward R · 2008: 34.3pp · 2024: 5.6pp
• All cycles: 2024: D+5.6 2020: D+15.1 2016: D+20.6 2012: D+31.0 2008: D+34.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -110.73%
• Current HPI: 256.6224
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

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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

Property features AI

Exterior

• Parking: Detached garage2 garage spaces
• Utilities: Public waterPublic sewer
• Home design: One and one-half story homeBuilt in 1910Property listed as fixer condition
• Construction: Vinyl siding
• Exterior features: Private yardNeighborhood view

Interior

• Kitchen: No appliances reported
• Bedrooms: Primary bedroomBedroom 2Bedroom 3
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heatingNo cooling reported
• Interior features: No notable built-in interior features reportedCrawl space basement
• Laundry & utility: Laundry room

Price history

+1.6% since first listed

29 events — show timeline

• 2026-06-04 Listed $127,000 NIRA MLS as Distributed by MLS Grid
• 2026-05-17 Listing Removed — NIRA MLS as Distributed by MLS Grid
• 2026-05-05 Price Changed $127,000 NIRA MLS as Distributed by MLS Grid
• 2026-05-05 Price Changed $12,700 NIRA MLS as Distributed by MLS Grid
• 2026-02-16 Listed $127,500 NIRA MLS as Distributed by MLS Grid
• 2026-02-01 Listing Removed — NIRA MLS as Distributed by MLS Grid
• 2025-12-03 Price Changed $122,500 NIRA MLS as Distributed by MLS Grid
• 2025-11-12 Price Changed $127,500 NIRA MLS as Distributed by MLS Grid
• 2025-10-22 Price Changed $131,500 NIRA MLS as Distributed by MLS Grid
• 2025-10-13 Price Changed $135,000 NIRA MLS as Distributed by MLS Grid
• 2025-10-02 Price Changed $140,000 NIRA MLS as Distributed by MLS Grid
• 2025-09-16 Listed $145,000 NIRA MLS as Distributed by MLS Grid
• 2024-04-11 Sold (MLS) $95,000 NIRA MLS as Distributed by MLS Grid
• 2024-03-16 Pending — NIRA MLS as Distributed by MLS Grid
• 2024-03-05 Relisted — NIRA MLS as Distributed by MLS Grid
• 2024-02-29 Pending — NIRA MLS as Distributed by MLS Grid
• 2024-02-22 Contingent — NIRA MLS as Distributed by MLS Grid
• 2024-01-29 Price Changed $107,500 NIRA MLS as Distributed by MLS Grid
• 2024-01-15 Price Changed $110,000 NIRA MLS as Distributed by MLS Grid
• 2023-11-29 Price Changed $119,895 NIRA MLS as Distributed by MLS Grid
• 2023-10-30 Listed $119,900 NIRA MLS as Distributed by MLS Grid
• 2023-10-24 Listing Removed — NIRA MLS as Distributed by MLS Grid
• 2023-10-17 Relisted — NIRA MLS as Distributed by MLS Grid
• 2023-10-11 Pending — NIRA MLS as Distributed by MLS Grid
• 2023-09-15 Contingent — NIRA MLS as Distributed by MLS Grid
• 2023-09-13 Price Changed $119,900 NIRA MLS as Distributed by MLS Grid
• 2023-09-13 Relisted — NIRA MLS as Distributed by MLS Grid
• 2023-08-07 Pending — NIRA MLS as Distributed by MLS Grid
• 2023-07-23 Listed $125,000 NIRA MLS as Distributed by MLS Grid

Property tax history

+3.1%/yr

Latest (2024): $2,036 · +7.2% YoY. Source: county tax records.