1440 Herschell Avenue in Indianapolis
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Roots listing · ACTIVE
Listed JUN 22 · Indianapolis · IN

1440 Herschell Avenue

Indianapolis · IN

2Bedrooms
1Bathroom
Roots take

What to know about this one.

RENTED FOR $1,425/MONTH, this West Indianapolis single-family is generating income on day one with a lease in place through September 2026. Walking distance to Riverside Park, this is a low entry point at $115,000 with a reliable tenant already in place - an easy add to any rental portfolio.

Affordability

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Estimated monthly$672
  • P&I $544
  • Property tax $90
  • Insurance $38
$
Loan type
Loan term
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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.

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Where it is

1440 Herschell Avenue

Indianapolis, IN 46202

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Listed by
Listed
Jun 22, 2026
Days on market
0 days
Status
Active
Address
1440 Herschell Avenue, Indianapolis, IN 46202
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Listed at$108,000