Discount Property for Home Owners & Investors
4546 Caroline Ave, Indianapolis, IN 46205 3 Bedroom 1 Bath Ranch Conveniently Located Minutes From Interstate, Shopping And Schools. Near 46th and Keystone in desired rental area.  Only needs 5-7K.  Carpet or buff out the hardwoods, kitchen floor, appliances, touch up paint and a little cleaning.  Rent estimate $750. $25,000
  • Single Family
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,044 Sq Ft.
  • Built in 1962

3 Bedroom 1 Bath Ranch Conveniently Located Minutes From Interstate, Shopping And Schools. Near 46th and Keystone in desired rental area.  Only needs 5-7K.  Carpet or buff out the hardwoods, kitchen floor, appliances, touch up paint and a little cleaning.  Rent estimate $750.

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SOLD – Fix & Flip – 6309 E. 52nd Pl Indianapolis, 4BR -$67,500! This 4BR/1.5BA home is a property located in an established neighborhood, and only needs minor cosmetic rehab in order to be brought to life. Will make a truly amazing flip opportunity. WON’T LAST LONG! See below: Purchase Price: $67,500 Rehab Costs: $15,000 Holding Costs: $5,547 TOTAL ALL-IN COST: $88,047 ARV: $123,000 Selling Costs: $12,300 (10%) GROSS PROFIT: $110,700 Gross Profit: $110,700 Total Costs: $88,047 Net Profit: $22,653 NET ROI TO INVESTOR: 25.73% $67,500
  • Single Family
  • 4 Bedrooms
  • 1.5 Bathrooms
  • 1,870 Sq Ft.

This 4BR/1.5BA home is a property located in an established neighborhood, and only needs minor cosmetic rehab in order to be brought to life. Will make a truly amazing flip opportunity. WON’T LAST LONG! See below: Purchase Price: $67,500 Rehab Costs: $15,000 Holding Costs: $5,547 TOTAL ALL-IN COST: $88,047 ARV: $123,000 Selling Costs: $12,300 (10%) GROSS PROFIT: $110,700 Gross Profit: $110,700 Total Costs: $88,047 Net Profit: $22,653 NET ROI TO INVESTOR: 25.73%

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10 unit Apartment – 6262 Eastridge Dr, Indianapolis Incredible opportunity to own a solid brick apartment building at a reasonable price. Seriously…hardwood floors at this price? Property contains eight 2-bedroom units and two 1-bedroom units…and the biggest closets we’ve ever seen in apartments. All of this results in a low-maintenance, easy-to-rent cash machine. See Proforma Below: $412,000 Purchase Price $75,000 Rent:($6,250/month) 18.2% GROSS RETURN – $4,092 Insurance – $3,984 Taxes – $7,500 Management – $6,948 Other owner expenses (trash, utilities, etc.) =$52,476 NET ANNUAL CASH FLOW (12.74%) – $11,256 Maintenance & Vacancy = $41,220 ESTIMATED ANNUAL RETURN (10.0%) $412,000
  • Apartment
  • 18 Bedrooms
  • 10 Bathrooms
  • 7,200 Sq Ft.

Incredible opportunity to own a solid brick apartment building at a reasonable price. Seriously…hardwood floors at this price? Property contains eight 2-bedroom units and two 1-bedroom units…and the biggest closets we’ve ever seen in apartments. All of this results in a low-maintenance, easy-to-rent cash machine. See Proforma Below: $412,000 Purchase Price $75,000 Rent:($6,250/month) 18.2% GROSS RETURN – $4,092 Insurance – $3,984 Taxes – $7,500 Management – $6,948 Other owner expenses (trash, utilities, etc.) =$52,476 NET ANNUAL CASH FLOW (12.74%) – $11,256 Maintenance & Vacancy = $41,220 ESTIMATED ANNUAL RETURN (10.0%)

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Turnkey – 2218 Pleasant St, Indianapolis This solid, basic home is just east of the popular Fountain Square neighborhood. It is in the process of being rehabbed and will be done faster than you can close. See proforma below: PRICE: $50,000 Rent: $750 Insurance: $50 Taxes: $49 Management: $75 Maintenance & Vacancy: $113 $50,000
  • Single Family
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,376 Sq Ft.

This solid, basic home is just east of the popular Fountain Square neighborhood. It is in the process of being rehabbed and will be done faster than you can close. See proforma below: PRICE: $50,000 Rent: $750 Insurance: $50 Taxes: $49 Management: $75 Maintenance & Vacancy: $113

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SOLD – Fix & Flip – 11126 E McGregor Indianapolis, AMAZING ROI on 4BR –$50,000 This is an amazing opportunity for any investor–a 4BR property in Franklin with limited capital into the project, a great ROI can be achieved on a very safe investment. See below: Purchase Price: $50,000 Rehab Costs: $25,000 Holding Costs: $5,000 TOTAL ALL-IN COST: $80,000 ARV: $115,000 Selling Costs: $11,500 (10%) GROSS PROFIT: $103,500 Gross Profit: $103,500 Total Costs: $80,000 Net Profit: $23,500 NET ROI TO INVESTOR: 29.37% $50,000
  • Single Family
  • 4 Bedrooms
  • 2 Bathrooms
  • 2,795 Sq Ft.
  • 6,708 Acres
  • 1 Garage Spaces
  • Built in 1906

This is an amazing opportunity for any investor–a 4BR property in Franklin with limited capital into the project, a great ROI can be achieved on a very safe investment. See below: Purchase Price: $50,000 Rehab Costs: $25,000 Holding Costs: $5,000 TOTAL ALL-IN COST: $80,000 ARV: $115,000 Selling Costs: $11,500 (10%) GROSS PROFIT: $103,500 Gross Profit: $103,500 Total Costs: $80,000 Net Profit: $23,500 NET ROI TO INVESTOR: 29.37%

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Turnkey – 1126 Mitthoeffer Rd. First of all, this property is underpriced. Check out the surrounding comps! It is very attractive on the inside (great looking tile in kitchen and bathroom) plus has a spacious yard with privacy fence and mini-barn. It is in a great area that provides a rural feel, but is only 15-20 minutes from downtown. Property includes a one year warranty. see Proforma Below: PRICE: $59,000 Rent: $850 Insurance: $50 Taxes: $75 Management: $85 Maintenance & Vacancy: $128 $59,000
  • Single Family
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,216 Sq Ft.

First of all, this property is underpriced. Check out the surrounding comps! It is very attractive on the inside (great looking tile in kitchen and bathroom) plus has a spacious yard with privacy fence and mini-barn. It is in a great area that provides a rural feel, but is only 15-20 minutes from downtown. Property includes a one year warranty. see Proforma Below: PRICE: $59,000 Rent: $850 Insurance: $50 Taxes: $75 Management: $85 Maintenance & Vacancy: $128

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SOLD – 2929 N New Jersey St. house has a great potential has 2 story and can be 2 seperate unit .only 1 minutes to Children Museum and 5 minutes to downtown. has fence yard and partial finished house. value of this property for $49,000 asking for $18,000 cash deal only WHAT I LOVE ABOUT THE HOME this area is great potentail up rise on fall creek area to $150,000 value within few years. 3 bd room and 1 1/2 bath great for student and people work close to downtown   $18,000
  • Single Family
  • 3 Bedrooms
  • 1.5 Bathrooms
  • 5,358 Sq Ft.
  • On street Garage Spaces
  • Built in 1910

house has a great potential has 2 story and can be 2 seperate unit .only 1 minutes to Children Museum and 5 minutes to downtown. has fence yard and partial finished house. value of this property for $49,000 asking for $18,000 cash deal only WHAT I LOVE ABOUT THE HOME this area is great potentail up rise on fall creek area to $150,000 value within few years. 3 bd room and 1 1/2 bath great for student and people work close to downtown  

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SOLD – 3/1.5 Ranch Huge Discount with Pool and Great Yard One in a lifetime price reduction on this great home in need of only very minor finishes to the already completed repairs. The most recent comparable sales are for 68K and 120K. Yours for only 20K gets you huge equity and a great 3 bedroom ranch with a garage, car port, pool and nice back yard! This home is move in ready, very light rehab needed to finish the work that is started. Nice sized living room. Carport plus detached garage. Conveniently located close to town. This is an amazing 3 bedroom 1.5 bath in Redkey Indiana. This home has so much to offer including an above ground pool! There is plenty of parking available with a 1 car garage and a very large carport. There is a really nice backyard that has almost a half acre with fire pit which is not too big to maintain but large enough to enjoy. The home has a newer furnace and water heater and the roof is well within its useful life. Great starter home in Jay Schools area. Needs replacement kitchen flooring, bathroom mirror, some paint and misc. $20,000 Cash, will go fast at this price
  • Single Family
  • 3 Bedrooms
  • 1.5 Bathrooms
  • 1,120 Sq Ft.
  • 0 Acres
  • 1 Garage Spaces
  • Built in 1955

One in a lifetime price reduction on this great home in need of only very minor finishes to the already completed repairs. The most recent comparable sales are for 68K and 120K. Yours for only 20K gets you huge equity and a great 3 bedroom ranch with a garage, car port, pool and nice back yard! This home is move in ready, very light rehab needed to finish the work that is started. Nice sized living room. Carport plus detached garage. Conveniently located close to town. This is an amazing 3 bedroom 1.5 bath in Redkey Indiana. This home has so much to offer including an above ground pool! There is plenty of parking available with a 1 car garage and a very large carport. There is a really nice backyard that has almost a half acre with fire pit which is not too big to maintain but large enough to enjoy. The home has a newer furnace and water heater and the roof is well within its useful life. Great starter home in Jay Schools area. Needs replacement kitchen flooring, bathroom mirror, some paint and misc.

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SOLD – 2/1 Ranch Fixer, Great Neighborhood Here is a great opportunity to own a home worth around 50K after 15K cash purchase and approx 10K of repairs in a great neighborhood. Rents 650-700. Kitchen and Bath are in good shape. It needs some drywall, cleanup and misc. 2 car garage. $15,000 Cash
  • Single Family, Single Family
  • 2 Bedrooms
  • 1 Bathrooms
  • 896 Sq Ft.
  • 9,583 Acres
  • 2 Garage Spaces
  • Built in 1940

Here is a great opportunity to own a home worth around 50K after 15K cash purchase and approx 10K of repairs in a great neighborhood. Rents 650-700. Kitchen and Bath are in good shape. It needs some drywall, cleanup and misc. 2 car garage.

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Turnkey – 4909 E 18th St. Indianapolis This 1036 square foot single family home has 3 bedrooms and 1.5 bathrooms. It is located at 4909 E 18th St Indianapolis, Indiana. This home is in the Ips School District. See Proforma Below: $48,000 Purchase Price $9,000 Rent ($750/month) 18.75% GROSS RETURN – $600 Insurance – $864 Taxes – $900 Management = $6,636 ANNUAL NET CASH FLOW (13.83% – $1,356 Maintenance & Vacancy = $5,280 ESTIMATED NET RETURN (11%) $48,000
  • Single Family
  • 3 Bedrooms
  • 1.5 Bathrooms
  • 1,036 Sq Ft.
  • Built in 1964

This 1036 square foot single family home has 3 bedrooms and 1.5 bathrooms. It is located at 4909 E 18th St Indianapolis, Indiana. This home is in the Ips School District. See Proforma Below: $48,000 Purchase Price $9,000 Rent ($750/month) 18.75% GROSS RETURN – $600 Insurance – $864 Taxes – $900 Management = $6,636 ANNUAL NET CASH FLOW (13.83% – $1,356 Maintenance & Vacancy = $5,280 ESTIMATED NET RETURN (11%)

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Turnkey – 8202 Crousore Rd. Warren Park See Proforma Below: $50,000 Purchase Price $9,540 Rent ($795/month) 19.08% GROSS RETURN – $600 Insurance – $972 Taxes -$960 Management = $7,008 ANNUAL NET CASH FLOW (14.02%) – $1,431 Maintenance & Vacancy = $5,577 ESTIMATED NET RETURN (11.15%) $50,000
  • Single Family
  • 3 Bedrooms
  • 1 Bathrooms
  • 925 Sq Ft.
  • Built in 1960

See Proforma Below: $50,000 Purchase Price $9,540 Rent ($795/month) 19.08% GROSS RETURN – $600 Insurance – $972 Taxes -$960 Management = $7,008 ANNUAL NET CASH FLOW (14.02%) – $1,431 Maintenance & Vacancy = $5,577 ESTIMATED NET RETURN (11.15%)

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Turnkey – 5413 Greenfield Ave., Indianapolis This cute property just south of Historic Irvington has a solid return and is easy to rent. Not only does it have a nice interior, but it has a two car garage and sits on two lots so it has extra room for kids or pets. Property includes a one year warranty. Rehab being completed now! see Proforma Below: PRICE: $45,000 Rent: $725 Insurance: $50 Taxes: $80 Management: $73 Maintenance & Vacancy: $109 $45,000
  • Single Family
  • 2 Bedrooms
  • 1 Bathrooms
  • 960 Sq Ft.
  • 2 Cars Garage Spaces

This cute property just south of Historic Irvington has a solid return and is easy to rent. Not only does it have a nice interior, but it has a two car garage and sits on two lots so it has extra room for kids or pets. Property includes a one year warranty. Rehab being completed now! see Proforma Below: PRICE: $45,000 Rent: $725 Insurance: $50 Taxes: $80 Management: $73 Maintenance & Vacancy: $109

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Turnkey – 4914 E. 21st St. Indianapolis This recently-rehabbed home is in great shape and makes a great rental property for you. Should have a tenant in place before you can close. see Proforma Below: PRICE: $49,000 Rent: $750 Insurance: $50 Taxes: $55 Management: $75 Maintenance & Vacancy: $113 $49,000
  • Single Family
  • 3 Bedrooms
  • 1 Bathrooms
  • 912 Sq Ft.
  • Detached, Off street, 2 spaces, 400 sqft Garage Spaces

This recently-rehabbed home is in great shape and makes a great rental property for you. Should have a tenant in place before you can close. see Proforma Below: PRICE: $49,000 Rent: $750 Insurance: $50 Taxes: $55 Management: $75 Maintenance & Vacancy: $113

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Turnkey – 8243 E 48th St, Indianapolis See Proforma Below: $50,000 Purchase Price $9,600 Rent ($800/month) 19.2% GROSS RETURN -$600 Insurance -$888 Taxes -$960 Management =$7,152 ANNUAL NET CASH FLOW (14.3%) – $1,440 Maintenance & Vacancy Estimate =$5,172 ESTIMATED NET RETURN (11.42%) $50,000
  • Single Family
  • 3 Bedrooms
  • 1 Bathrooms
  • 792 Sq Ft.
  • Detached, Off street, 462 sqft Garage Spaces

See Proforma Below: $50,000 Purchase Price $9,600 Rent ($800/month) 19.2% GROSS RETURN -$600 Insurance -$888 Taxes -$960 Management =$7,152 ANNUAL NET CASH FLOW (14.3%) – $1,440 Maintenance & Vacancy Estimate =$5,172 ESTIMATED NET RETURN (11.42%)

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Indy Discount Property
3715 Caroline Ave
Indianapolis, IN 46218

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