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For sale 10 days ago

$145,000

2 bd 1 ba

1030 E ELBERT St, Indianapolis, IN 46227

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,235

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

👁️👁️MUST SEE Perry Township Single Family Flip!

Check out this great single family home located in Perry Township's Woodridge Longacre neighborhood on Indy's south side. This house has a lot of updates and there is untapped potential to finish some of the attic to add another bedroom or more livable square feet.

Roof - less than 10 years
Furnace - 2 years
AC - 2 years
Windows - less than 10 years
Water heater - less than 10 years
Detached garage
Basement

Do NOT disturb occupants. Please reply for showing information.

Recent same neighborhood sales include:
741 Morgan Dr is a 2/2 that sold $195k as-is in 11 days. It had a larger lot but looked pretty dated.
800 E Elbert sold for $215k in 38 days. It was also a 2/2 that had all new updates, but no garage and no basement.
911 Morgan sold for $237k in 5 days. It's a 3/1 with a lot of wood paneling.

Location:

1030 E ELBERT St, Indianapolis, IN 46227

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.