Key facts
- Beds
- 4
- Baths
- 1 full
- Living area
- 960 sqft
- Lot
- 0.26 acres
- Year built
- 1949
- Type
- Residential · Single Family Residence
- Stories
- One
- MLS #
- 22099054
- County
- Marion
- Subdivision
- No Subdivision
About this home
Investment Opportunity with Strong Cash Flow, this is it! Immediate income with this fully renovated 4-bedroom, 1-bath investment property. With lease in place through IHA at $2,310/month which aligns with key investor benchmarks. Move-in date of May 8, 2026. The home has been completely gutted down to the studs and thoughtfully remodeled from top to bottom, offering peace of mind and low maintenance for years to come. Major upgrades include, new metal roof, all-new mechanicals, updated electrical with a 200-amp panel, and a mini-split system with supplemental heat making this property incredibly cost-effective. Inside, the property features luxury vinyl plank flooring throughout, a beautifully updated kitchen with granite countertops, new cabinetry, stainless steel appliances, and modern finishes, plus recessed lighting and contemporary touches that elevate the entire space. The functional layout offers four bedrooms, providing flexibility and strong rental appeal. Additional improvements such as new windows, exterior siding, and a tankless water heater offer enhanced efficiency and long-term value. Whether you're expanding your portfolio or securing your first investment, this is a true turnkey opportunity with built-in returns from day one.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Laundry
- Rooms
- 7
- Main-level bedrooms
- 4
- Condition
Exterior
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- Elementary school
- Christian Park School 82
- High school
- Arsenal Technical High School
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $324 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, 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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