Key facts
- Beds
- 2
- Baths
- 1 full · 1 half
- Living area
- 1,394 sqft
- Year built
- 1986
- Type
- Residential · Condominium
- Stories
- Two
- Garage
- 1 space
- MLS #
- 22102864
- County
- Delaware
- Subdivision
- Sandpiper Lakes
About this home
Turnkey investment opportunity! This updated 2-bedroom, 1.5-bath PUD offers immediate cash flow with tenant in place at $1,350/month through July 2027. Features include updated flooring, cozy fireplace, private concrete patio, and low-maintenance living. HOA fee of $295/month. Ideal for investors seeking stable rental income and long-term occupancy. Tenant rights apply.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Flooring
- Fireplaces
- 1
- Fireplace type
- Rooms
- 6
Exterior
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
- Water
Lot and HOA
- HOA fee
- $295 / monthly
Schools
- School district
- Muncie Community Schools
Taxes
- Estimated annual tax
- $2,750 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
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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