Indianapolis46208
Marion County, IN · 4 bd · 1 ba · ~1,600 sq ft
Motivation signals
- Absentee ownerout of state(strongest signal)
- Equity ~80%assumes no mortgage
- Built 1910
Maximum allowable offer
$59,900
Spread at MAO
$74,100
for costs & profit
70% × $247,000 ARV − $113,000 rehab · as-is $31,900
- Est. value
- $207,000
- ARV
- $247,000
- Rehab est.
- $113,000
$146k–$267k
After-repair est.
Heavy · $70/sf
| Street | Asking price | Price per sq ft | Distance | Status |
|---|---|---|---|---|
| Comp 1 | $300,000 | $158/sf | 0.8 mi | Active |
| Comp 2 | $120,000 | $63/sf | 0.1 mi | Active |
| Comp 3 | $197,500 | $117/sf | 0.6 mi | Off Jul ’26 |
