 UNIQUE OPPORTUNITY – 1923 Mare Ave, Indianapolis, IN 46203
Wallace Crossing | 3 Bed  | 2 Bath  | 1,348 Sq Ft
Alright investors… this one’s a little outside the box  but could be a serious sleeper deal with the right vision!
This well-maintained single-family home in Wallace Crossing features 3 bedrooms, 2 full baths, and 1,348 sq ft on a 0.16-acre lot. Built in 1997, it offers a slab foundation, vinyl windows, and a 2-car garage  —solid bones to work with.
 Here’s the twist:
The seller is requesting a 1-year rent-back at $1,600/month — meaning instant, hassle-free income from day one 
 Solid Mechanical Snapshot:
Roof: ~8–9 years old 
Furnace: ~10 years
A/C: ~10 years 
 Why this could be a win:
 Built-in rental income immediately
Stable neighborhood with strong comps
Low upfront headache (tenant already in place)
TONS of money-making potential after the 1-year mark—flip it, raise rents, or reposition for max ROI 
 Heads up:
This isn’t your typical quick flip—but for a buy-and-hold or hybrid investor, this could be a strategic play with upside on the backend 
 Recent Neighborhood Comps:
• 5447 Adina → $255,400
• 5403 Pommel Ct → $239,900
• 1920 Mare (as-is) → $175K
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