Discount Property for Home Owners & Investors

All Property Listings

All Property Listings

4546 Caroline Ave, Indianapolis, IN 46205

3 Bedroom 1 Bath Ranch Conveniently Located Minutes From Interstate, Shopping And Schools. Near 46th and Keystone in desired rental area.  Only needs 5-7K.  Carpet or buff out the hardwoods, kitchen floor, appliances, touch up paint and a little cleaning.  Rent estimate $750.

SOLD – Fix & Flip – 6309 E. 52nd Pl Indianapolis, 4BR -$67,500!

This 4BR/1.5BA home is a property located in an established neighborhood, and only needs minor cosmetic rehab in order to be brought to life. Will make a truly amazing flip opportunity. WON’T LAST LONG! See below: Purchase Price: $67,500 Rehab Costs: $15,000 Holding Costs: $5,547 TOTAL ALL-IN COST: $88,047 ARV: $123,000 Selling Costs: $12,300 (10%) GROSS PROFIT: $110,700 Gross Profit: $110,700 Total Costs: $88,047 Net Profit: $22,653 NET ROI TO INVESTOR: 25.73%

10 unit Apartment – 6262 Eastridge Dr, Indianapolis

Incredible opportunity to own a solid brick apartment building at a reasonable price. Seriously…hardwood floors at this price? Property contains eight 2-bedroom units and two 1-bedroom units…and the biggest closets we’ve ever seen in apartments. All of this results in a low-maintenance, easy-to-rent cash machine. See Proforma Below: $412,000 Purchase Price $75,000 Rent:($6,250/month) 18.2% GROSS RETURN – $4,092 Insurance – $3,984 Taxes – $7,500 Management – $6,948 Other owner expenses (trash, utilities, etc.) =$52,476 NET ANNUAL CASH FLOW (12.74%) – $11,256 Maintenance & Vacancy = $41,220 ESTIMATED ANNUAL RETURN (10.0%)

Turnkey – 2218 Pleasant St, Indianapolis

This solid, basic home is just east of the popular Fountain Square neighborhood. It is in the process of being rehabbed and will be done faster than you can close. See proforma below: PRICE: $50,000 Rent: $750 Insurance: $50 Taxes: $49 Management: $75 Maintenance & Vacancy: $113

SOLD – Fix & Flip – 11126 E McGregor Indianapolis, AMAZING ROI on 4BR –$50,000

This is an amazing opportunity for any investor–a 4BR property in Franklin with limited capital into the project, a great ROI can be achieved on a very safe investment. See below: Purchase Price: $50,000 Rehab Costs: $25,000 Holding Costs: $5,000 TOTAL ALL-IN COST: $80,000 ARV: $115,000 Selling Costs: $11,500 (10%) GROSS PROFIT: $103,500 Gross Profit: $103,500 Total Costs: $80,000 Net Profit: $23,500 NET ROI TO INVESTOR: 29.37%

Turnkey – 1126 Mitthoeffer Rd.

First of all, this property is underpriced. Check out the surrounding comps! It is very attractive on the inside (great looking tile in kitchen and bathroom) plus has a spacious yard with privacy fence and mini-barn. It is in a great area that provides a rural feel, but is only 15-20 minutes from downtown. Property includes a one year warranty. see Proforma Below: PRICE: $59,000 Rent: $850 Insurance: $50 Taxes: $75 Management: $85 Maintenance & Vacancy: $128

SOLD – 2929 N New Jersey St.

house has a great potential has 2 story and can be 2 seperate unit .only 1 minutes to Children Museum and 5 minutes to downtown. has fence yard and partial finished house. value of this property for $49,000 asking for $18,000 cash deal only WHAT I LOVE ABOUT THE HOME this area is great potentail up rise on fall creek area to $150,000 value within few years. 3 bd room and 1 1/2 bath great for student and people work close to downtown  

SOLD – 3/1.5 Ranch Huge Discount with Pool and Great Yard

One in a lifetime price reduction on this great home in need of only very minor finishes to the already completed repairs. The most recent comparable sales are for 68K and 120K. Yours for only 20K gets you huge equity and a great 3 bedroom ranch with a garage, car port, pool and nice back yard! This home is move in ready, very light rehab needed to finish the work that is started. Nice sized living room. Carport plus detached garage. Conveniently located close to town. This is an amazing 3 bedroom 1.5 bath in Redkey Indiana. This home has so much to offer including an above ground pool! There is plenty of parking available with a 1 car garage and a very large carport. There is a really nice backyard that has almost a half acre with fire pit which is not too big to maintain but large enough to enjoy. The home has a newer furnace and water heater and the roof is well within its useful life. Great starter home in Jay Schools area. Needs replacement kitchen flooring, bathroom mirror, some paint and misc.

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Indy Discount Property
3715 Caroline Ave
Indianapolis, IN 46218

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