Investors — here's an opportunity to take on a minor renovation project in Indianapolis! This property is available at a low entry point for investors looking to renovate, add value, and potentially resell or hold as a rental. Please note this house is being sold with a squatter and you will need to remove them.
PROPERTY HIGHLIGHTS
Approximately 1,792 SF
3 Bedrooms
Single-family home
Large lot of approximately 0.6 acres
Basement
Built around 1920
PROPERTY CONDITION – LIGHT REHAB
Occupant has been there since 2018 and stopped paying this year.
Newer roof
Newer siding
Basement flooding noted
Furnace condition and potential replacement need to be verified
Potential for hidden water damage, mold, electrical issues, and structural concerns
Extensive repairs may be needed depending on inspection findings
Asking Price: $39,900
Estimated ARV: $225,000
NO INTERIOR PHOTOS, NO ACCESS, BEING SOLD AS-IS.
Text Laith 380-270-1216 to lock it in or for more details
More About This Property
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ARV $225,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $153,000.
