246 N Maple St · Osgood, IN 47037

$124,900

4 bd · 1.0 ba · 1,052 sqft · SingleFamily public records · 9 Days on market

Built 1952 6,229 sqft lot Est $155k · 19% under

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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 +17.5/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +5.5/10.0
• Livability +3.6/5.0
• 1% rule +3.5/10.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Agents see agent only remarks for offers. Home is a Bedford stone exterior ranch style home with 3 bedrooms and 1 bath. Home has a detached garage, storge shed and mini shed with a full unfinished basement.

Key facts

• Storage shed
• Detached garage
• 6,229 sq ft lot

Tags

• BEDFORD STONE EXTERIOR
• DETACHED GARAGE
• STORAGE SHED
• FULL UNFINISHED BASEMENT

Property features AI

Exterior

• Parking: Detached garage (1 car) with service door
• Utilities: Municipal sewer connected; Private water source; 200+ amp electric service; Electricity connected; Natural gas connected; Water connected
• Home design: Single-family residence; One level; Fixer condition; Faces west
• Construction: Stone construction; Block foundation
• Exterior features: Covered porch/patio; Mini barn; Storage shed; Corner lot

Interior

• Kitchen: No appliances listed
• Bedrooms: Three bedrooms on the main level
• Flooring: Hardwood floors
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Central air; Other heating type (unspecified)
• Interior features: Attic access; Hardwood floors
• Laundry & utility: Laundry located in the basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $95 ($1k/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 $106k (15.4% below list).
• Recommended offer: $106k (15.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#134 in IN) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, schools D-, amenities F.
• Jac-Cen-Del Community School Corporation (rural): math 32% / reading 40% proficiency, ranked #185 of 301 in IN (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 19 active listings in the ZIP; 110 units permitted in Ripley County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($864 loan paydown + $12k appreciation (10.0% local appreciation)).
• Ripley County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $105,622 (15.4% below list)

Questions for the listing agent

1. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 0.85% ✗
• Cap rate: 7.21%
• Cash-on-cash: 3.28%
• DSCR: 1.15
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $154,644
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
344 E Ripley St	0.32mi	3/2.0 (-1)	1,053 (+0%)	11mo	$144,000	$137	67
156 North St	0.24mi	3/1.5 (-1)	1,152 (+10%)	6mo	$140,000	$122	61
643 Columbia Ave. Ave	0.31mi	3/1.0 (-1)	1,136 (+8%)	7mo	$225,000	$198	61
519 Leslie St	0.37mi	3/2.0 (-1)	1,080 (+3%)	10mo	$59,000	$55	61
205 Wilmer St	0.36mi	3/1.0 (-1)	960 (-9%)	7mo	$177,000	$184	58
527 Shook St	0.43mi	3/1.5 (-1)	1,056 (+0%)	21mo	$155,000	$147	54
607 S Buckeye St	0.53mi	3/1.0 (-1)	936 (-11%)	7mo	$140,000	$150	46

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

Projected returns pro-forma

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

5-year hold

• IRR: 26.6%
• Equity multiple: 3.12×
• Total profit: $74,045
• Equity at exit: $112,520

10-year hold

• IRR: 23.3%
• Equity multiple: 7.09×
• Total profit: $213,148
• Equity at exit: $242,653

Cash invested: $34,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

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

Methodology + full state rankings →

ZIP-level market 47037

• Home prices YoY: 5.4%
• Active inventory: 19
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,056 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$32 /mo · $383/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$222
• Net cashflow: $95

Break-even live

Break-even rent $935

Max offer price $124,900

Occupancy floor 86%

Sensitivity live

Price	-10% $166	-5% $131	+0% $95	+5% $60	+10% $25
Rent	-10% $12	-5% $54	+0% $95	+5% $137	+10% $179
Rate	-1.0pp $158	-0.5pp $127	base $95	+0.5pp $63	+1.0pp $30

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-21
   days on market $124,900 Active 9 DOM
2. 2026-06-18
   days on market $124,900 Active 7 DOM
3. 2026-06-17
   days on market $124,900 Active 6 DOM
4. 2026-06-16
   days on market $124,900 Active 5 DOM
5. 2026-06-15
   days on market $124,900 Active 4 DOM
6. 2026-06-13
   days on market $124,900 Active 2 DOM
7. 2026-06-12
   remarks 206-char remark
8. 2026-06-12
   listed $124,900 Active 1 DOM

ⓘ 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: $383 · $32/mo
• Projected year-2 tax: $722 · $60/mo
• Expected delta: +$339/yr (+$28/mo · 88.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥102°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,675
• − Mortgage interest: −$6,996
• − Property taxes: −$383
• − Insurance: −$624
• − Repairs & maintenance: −$1,014
• − Management: −$1,014
• − Depreciation: −$3,633
• Taxable loss: −$990
• Est. tax savings @ 24.0%: +$238
• After-tax cash flow: $1,384/yr

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

Schools (NCES district)

• District: Jac-Cen-Del Community School Corporation
• NCES district ID: 1804800
• Math proficiency: 32% ▼ -14.00%
• Reading proficiency: 40% ▼ -8.00%
• Median HH income: $46,674
• Composite: 30.83/100
• National rank: #6133
• State rank: #185 of 301 in IN

Livability — Osgood

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

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

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

Population outlook (Ripley County) Hauer SSP2

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

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Ripley

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 13.68%
• Current HPI: 267.94
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

1 event — show timeline

• 2026-06-11 Listed $124,900 MIBOR as Distributed by MLS Grid

Property tax history

-2.1%/yr

Latest (2024): $383 · -6.8% YoY. Source: county tax records.