Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 1041 S East St
1 / 6
15score
New↓ $20,000
$325,000
MLS Street view
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1041 S East St

Indianapolis IN 46225 · Single Family · built 1920
2 bd2 ba808 sqft$402/sqft vs ZIP $148 +172%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,925/mo (ZIP + bedroom comps) ÷ 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.

price cut 6%new this week
The underwriting

The numbers (estimates, illustrative)

$325,000List price
$1,925Rent estimate / mo
0.89Lender DSCR (est.)
$3,782Taxes / yr · county assessor
$148ZIP median $ / sqft
15/100Deal Score

Monthly picture (illustrative)

Rent est.$1,925
− Mortgage (P&I)−$1,704
− Taxes−$315
− Insurance−$135
= Cash flow before vacancy & repairs$-230

The numbers

Price
$325,000
$ / sq ft
$402 ZIP median $148
Rent estimate
$1,925/mo ZIP + bedroom comps
Property taxes
$3,782/yr 2% cap on assessed value $189,100
PITIA (assumed)
$2,155/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.89 rent ÷ PITIA · lender floor 1.20
Deal Score
15/100 price cut 6% · new this week

The property

Beds / baths
2 / 2
Living area
808 sq ft
Lot
2,178 sq ft
Year built
1920
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22128781
Listed
Sep 29, 2026
Days on market
5
Listing agent
Sarah Fishburn · F.C. Tucker Company - Downtown
3179895613 · sarah.fishburn@talktotucker.com
Price history
First asked $345,000 · previously $345,000 cut $20,000
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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.

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