$25,900 · KNIGHTSTOWN, IN 46148
Works for flippers

Available

$25,900Asking price

3 bd · 2.5 ba · 1,722 sq ft · built 1900

KNIGHTSTOWN, IN 46148

No contract on file

via InvestorLift Classic

Listed 3 days ago

Works for flippers

The Numbers

Sells for (ARV)From the listing: $120,000
Asking price: −$25,900
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $45,500 – $82,000: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$5,336
Profit32.3% of ARV · flippers want 10%+: $38,764
Works

Works for a flipper up to $50,000.

HOOSIER BUYERS

Lily Ibrahim

No reviews yet

Comps

ARV $120,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $90,000.

The sales behind this value are shown to members.

ARV $120,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HOOSIER BUYERS

Lily Ibrahim

No reviews yet

Seller Description

For more details, Call/Text Lily: (317) 644-2554

3 Bed, 1 Bath, 1,116 SF home built in 1900 on a 5,662 SF lot, featuring a detached 2-car garage. Vacant and ready for a full rehab, with several improvements already completed, including brand-new central A/C and furnace, new windows, a replaced steel entry door, updated exterior electrical service, and garage doors, windows, and concrete flooring. The property needs foundation repairs along approximately three sides, roof and siding replacement, electrical rewiring, plumbing repairs, and complete kitchen and bathroom renovations. Additional interior work includes framing the third bedroom, repairing damaged framing and subfloors, leveling floors, and replacing drywall and flooring. A new 200-amp electrical panel is supplied for installation; the existing 100-amp panel is currently functional. Major renovation opportunity with potential to create a proper 3-bedroom layout and add value through a complete transformation.