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💡 Major Systems Updated — Cosmetic Rehab Needed 🎯 – 5617 Simmul Ln, Indianapolis, IN 46221 Pending

  • $147,000
  • 3 beds
  • 2 baths
  • 1221 sqft
This single-family home in the Pheasant Run neighborhood offers a value-add opportunity with major mechanical updates already in place 🏠💰

Featuring 3 bedrooms, 2 full baths, and 1,221 sq ft of living space, this property sits on a generous .29-acre (12,763 sq ft) lot, giving you space to enhance curb appeal and outdoor functionality 🌳

Cosmetic and interior updates needed, making this ideal for investors looking to force appreciation.

✨ Major mechanical Info:

  • Furnace — 8 months old 🔥
  • A/C — 8 months old ❄️
  • Roof — 7 years old 🏠
  • Water Heater — 7 years old 🚿
  • Vinyl Windows 🪟

The expensive systems are largely handled, allowing you to focus renovation dollars where they drive the most ROI 🎯

🧱 Slab foundation = no basement concerns
🚗 2-car attached garage = strong resale and rental appeal
🔌 Utilities through AES & Citizens (electric, gas, water, sewer)

Built in 1991, making it a smart project for investors comfortable with cosmetic rehabs and value-add improvements 🔑

Recent Neighborhood Comps-
5516 Alcott-
SOLD 230k (3 bed,2 bath,1,332 SF)
6710 Raritan Ct.- SOLD 234k (3 Bed,2 Bath ,1,378)

Please do not disturb the occupants. Contact us for showing details.All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$147,000
Address:
5617 Simmul Ln
Indianapolis, Indiana 46221
Square Feet:
1221
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1991

Call 317.653.6245 for more details

Property Location