4/1 Brick House Blocks From Educators' Village Indianapolis

[Bob Hinrichs]

            849 N Parker Ave Indianapolis, IN 46201

Take a look at this brand new 4/1 deal!! It's located just blocks from the Educators' Village, near Rural and 9th. Have you heard about all of the work the city is doing in this area? If you want a few details, check out this article. 

The redevelopment has already made a huge impact on the neighborhood. Rental rates have been on the rise and we're seeing incredibly high resale values for the area. If you want to buy in an area of quick appreciation, you won't find much better than this!

The property has a brick exterior and holds 4 bedrooms. Once fixed up, you should be able to fetch $750/month in rent in the current market.

Some of the bigger ticket items to repair will include roof, furnace and electrical work (the wires were cut off in the basement). In addition, plan on doing cosmetic work throughout the house. Note, there is some minor water damage in the back bedrooms of the property, probably due to the failing roof.

Click on the link above to see additional pictures of the property.

We're asking $24,750 for this, which includes the purchase price and assignment of contract. If you'd like to reserve this, please call or email right away!

What to expect:

• Property is being sold 'as-is' and 'where-is' for cash or hard money
• Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
• To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 6053 N College Ave. Indianapolis, IN 46220
• Buyer shall pay all closing costs
• If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!

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 *Contracting Party either owns or has equitable contractual interest in the property. Sale will either be in the form of an assignment of the purchase agreement between Contracting Party and Owner or a direct sale from Contracting Party to Buyer. Sale of the property is conditional on Seller of property providing acceptable title to the property.

**All properties are sold for cash or hard money. Buyer will need to verify information and funds. A $2,000 non-refundable earnest money deposit and 14 day or less closing period are required.

***Contracting Party makes no representations or warranties, either express or implied, about the property. All descriptions of the property and pertinent information described in this message have been attained through public records, the County Assessor's office, MLS, or viewing of the property. The Seller also makes no warranties, either express or implied, as to the potential return of this property as an investment. The Buyer understands and acknowledges that any information in this message is not warrantied. The Buyer has conducted their own investigation of such information, and is choosing to purchase based on their own conclusion. Buyer is "as is and where is" with no contingencies.

****All properties are subject to errors, omissions, deletions, additions, and cancellations. No warranties, whether express, implied, written or oral have been made to the Buyer. The Buyer has conducted all desired due diligence, and has decided to make a purchase based off of their findings. Buyer understands they will pay all closing cost.

*****Contracting party is a broker under license RB16001625, but is not the listing agent of the Property