Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
26score
↓ $1,500
$387,500
MLS
Street view1010 Bard Ln
Carmel IN 46032 · Townhouse · built 2009
2 bd3 ba2,400 sqft$161/sqft vs ZIP $233 −31%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,727/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
31% under ZIP $/sqftprice cut 0%
The underwriting
The numbers (estimates, illustrative)
$387,500List price
$1,727Rent estimate / mo
0.59Lender DSCR (est.)
$6,926Taxes / yr · county assessor
$233ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,727 |
| − Mortgage (P&I) | −$2,032 |
| − Taxes | −$577 |
| − Insurance | −$161 |
| − HOA | −$175 |
| = Cash flow before vacancy & repairs | $-1,219 |
The numbers
- Price
- $387,500
- $ / sq ft
- $161 ZIP median $233
- Rent estimate
- $1,727/mo HUD fair-market rent
- Property taxes
- $6,926/yr 2% cap on assessed value $346,300
- PITIA (assumed)
- $2,946/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $175/mo
- Lender DSCR (est.)
- 0.59 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 31% under ZIP $/sqft · price cut 0%
The property
- Beds / baths
- 2 / 3
- Living area
- 2,400 sq ft
- Lot
- 1,742 sq ft
- Year built
- 2009
- Property type
- Townhouse
- HOA
- $175/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109024
- Listed
- Jul 2, 2026
- Days on market
- 95
- Listing agent
- Laura Turner · F.C. Tucker Company - Fishers/Geist
3173630842 · laura@talktoturner.com - Price history
- First asked $389,000 · previously $389,000 cut $1,500
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.