Strong value-add opportunity in Indianapolis with solid comparable sales and excellent upside for investors looking for a flip or long-term rental. 📈
This 1979-built single-family home features 3 bedrooms, 2 bathrooms, 1,304 square feet, an attached garage, and sits on an 11,718 sq ft lot.
Property Condition: Full value-add opportunity requiring a major renovation, including kitchen, bathrooms, and additional updates to maximize resale value.
🔧 Property Features:
- Roof — Less than 10 years old 🏠
- Furnace — Age unknown 🔥
- Air Conditioner — Age unknown ❄️
- Water Heater — 3 years old 🚿
- Vinyl windows 🪟
- Crawl space foundation 🧱
- Attached garage 🚗
💰 Market Rent: $1,600/month
With a desirable 3-bedroom, 2-bath layout, strong neighborhood comparable sales, and a projected ARV of $230,000, this property presents an excellent opportunity for investors seeking their next renovation project with solid profit potential. 🔑💸
📈 Nearby Comparable Sales:
- 3041 Southwest Dr – Sold for $120,000 (Cash, As-Is)
- 4838 W Troy Ave – Sold for $135,000 (As-Is)
- 3032 Carlsbad Ln – Sold for $230,000