4603 Linton Ln

Indianapolis, IN 46226
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4 bd, 5 ba | 6,246 sqft | Built in 1962

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List Price
$500,000

Initial Investment

$136,250

Purchase Price

$500,000

Down Payment

25%

Rent

$3,200

Total Return

$209,252

Annualized Return

19.7%

Cap Rate

4.7%

Gross Yield

7.7%

Cash Flow

-$4,896

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

56,236

HOA

None

Flood Risk

Not Required

A REAL Rambling Mid-Century Modern Ranch. There are many original details throughout. Large entry w/ terrazzo floor. Formal living and dining. Upper 4 light-filled bedrooms w/ hardwood floors & 4 full baths w/ original tile. The laundry room opens to a large screened porch. Cozy family room with stone fireplace & parquet floor. The lower level will knock your socks off! Stone fireplace, hipster bar w/ adjacent full kitchen, sliding door walls w/ pond view, bonus game room, full bath, and 2 storage areas. Sitting on a pond and 1.29 acres with mature trees.

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

Annual Financial Highlights

Expected Rent

$36,480

Expenses

-$6,493

Property Taxes

-$7,700

Loan Payments

-$27,183

Net Cash Flow

-$4,896

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. ā€ÆThis inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. ā€ÆAs 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:Sherri Roizen-Watson
F.C. Tucker Company
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTORĀ® Association
MLS #21964059
Last Updated: 04/19/2024 13:04
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