1129 Church St

Indianapolis, IN 46225
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3 bd, 2 ba | 1,300 sqft | Built in 1890

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List Price
$240,000

Initial Investment

$65,400

Purchase Price

$240,000

Down Payment

25%

Rent

$1,570

Total Return

$124,957

Annualized Return

22.9%

Cap Rate

4.6%

Gross Yield

7.8%

Cash Flow

-$2,686

Appreciation

9.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,615

HOA

None

Flood Risk

Not Required

Welcome to 1129 Church St, Indianapolis, IN 46225 a beautifully renovated 3-bedroom, 1.5-bathroom home that perfectly balances modern updates with its original charm. With 1,300 square feet of living space, this property is nestled in a rapidly developing area on the outskirts of Bates-Hendricks, surrounded by exciting new developments. Location is everything, and this home delivers! Just 3 minutes from Lucas Oil Stadium and 8 minutes from Mass Ave, you'll have quick access to some of the best nightlife, restaurants, and entertainment the city has to offer. Whether you're looking for a turnkey Airbnb, a rental for traveling nurses, or a cozy family home, this property is a fantastic investment opportunity. Don't miss your chance to own a home in this thriving area schedule a showing today!

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$17,898

Expenses

-$3,186

Property Taxes

-$4,350

Loan Payments

-$13,048

Net Cash Flow

-$2,686

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Sheila Huerta Eriza
Agent License RB24000371
AMR Real Estate LLC
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22026609
Last Updated: 03/13/2025 23:03
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