$75,000 · INDIANAPOLIS, IN 46219
Works for flippers · Works for landlords

Available

$75,000Asking price

1 bd · 2 ba · 1,480 sq ft · built 1973

INDIANAPOLIS, IN 46219

No contract on file

via InvestorLift Classic

7 views · listed Nov 3

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $110,000
Asking price: −$75,000
RepairsMiddle of the seller’s $500 – $5,000. Ours: $18,000 – $37,500: −$2,750
Loan, holding, closing20% down, 12% interest, 2 points, 61 days: −$7,953
Profit22.1% of ARV · flippers want 10%+: $24,297
Works

Works for a flipper up to $87,000.

SENDFLIP LLC

Elijah

No reviews yet

Comps

Sales

Rents

ARV $110,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $93,000.

The sales behind this value are shown to members.

ARV $110,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SENDFLIP LLC

Elijah

No reviews yet

Seller Description

xxxx Queensbridge Sq, Unit 3, Indianapolis, IN 46219 Asking Price: $75,000

PROPERTY DETAILS* 1 Bedroom* 2 Bathrooms* Condo* HOA: $250/month* Located in Indianapolis, IN 46219

NEARBY COMPS

Recent reported sales in the Queensbridge / Wellesley community:* 1622 Queensbridge Sq, Unit 7 — $85,000* 1602 Queensbridge Sq, Unit 7 — $90,000* 1763 Wellesley Ln, Unit 1C — $140,000

LOCATION HIGHLIGHTS

Convenient access to:* Jake Greene Park* Indy Urban Acres* East Washington Street shopping and dining* Grocery stores and everyday essentials* Major east-side Indianapolis roadways

Nearby 2-bed rental comps:• 6213 Commodore Dr: 2 bed / 1 bath, $1,350/mo• 1647 Justin Ave: 2 bed / 2 bath, $1,300/mo• 1302 N Downey Ave: 2 bed / 1 bath, $1,200/mo• 5117 Burgess Ave: 2 bed / 1 bath, $1,150/mo

INVESTOR OPPORTUNITY-Offered at $75,000, this property presents an opportunity for investors seeking an affordable condo in Indianapolis.

Potential buy-and-hold or resale opportunity. Buyers should verify property condition, HOA financials, rental restrictions, and any outstanding assessments before closing. CALL OR TEXT614-660-5357Contact us for additional information, photos, and access details.