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For sale 12 days ago

$175,000

4 bd 2 ba

3250 W 56th St, Indianapolis, IN 46228

Residential SFR

Current Rent **

$1,102

Projected Rent **

$1,102

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

👀Washington Township 4/2 Stone Bungalow!!!

Check out this 4/2 stone bungalow in Washington Township on Indy's northwest side. The house sits on a quarter acre with some newer big ticket items.

Roof - 1 year
Furnace - 5 years
Windows - Vinyl
Detached garage

Reply for access information.

The cheapest thing that has sold in the 1/4 mile over the last year was a 2/2 ranch for $195k AS IS. This could be a great rental property or a quick flip.

Recent 1/4 mile sales include:
3510 W 57th - SOLD $195k AS IS (2/2, 1568 sf, 2-car attached, 62 DOM)
5715 Manning - SOLD $209900 (3/1, 1608 sf, 2-car attached, 8 DOM)
5710 Manning - SOLD $240k (3/1.5, 1505 sf, 2-car garage, 4 DOM)

Location:

3250 W 56th St, Indianapolis, IN 46228

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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.