What to know about this one.
RENTED FOR $1,150/MONTH, this property offers an investor instant cash flow on day one. This 2-bed/1-bath home features a detached garage - a rare find at this price point - with easy I-65 access putting downtown Indianapolis just minutes away. Lease runs through July 2026.
Estimate your monthly payment
- P&I $565
- Property tax $93
- Insurance $39
Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust1334 Calhoun Street
Indianapolis, IN 46203



