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
Street view of 11044 Schoolhouse Rd
1 / 6
11score
↓ $13,000
$310,000
MLS Street view
Search photos

11044 Schoolhouse Rd

Fishers IN 46037 · Single Family · built 2004
3 bd2 ba1,518 sqft$204/sqft vs ZIP $175 +17%
0.93 lender DSCR (est.)
Rent covers the estimated payment 0.93× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,114/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.

price cut 4%
The underwriting

The numbers (estimates, illustrative)

$310,000List price
$2,114Rent estimate / mo
0.93Lender DSCR (est.)
$5,792Taxes / yr · county assessor
$175ZIP median $ / sqft
11/100Deal Score

Monthly picture (illustrative)

Rent est.$2,114
− Mortgage (P&I)−$1,626
− Taxes−$483
− Insurance−$129
− HOA−$25
= Cash flow before vacancy & repairs$-149

The numbers

Price
$310,000
$ / sq ft
$204 ZIP median $175
Rent estimate
$2,114/mo HUD fair-market rent
Property taxes
$5,792/yr 2% cap on assessed value $289,600
PITIA (assumed)
$2,263/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
Lender DSCR (est.)
0.93 rent ÷ PITIA · lender floor 1.20
Deal Score
11/100 price cut 4%

The property

Beds / baths
3 / 2
Living area
1,518 sq ft
Lot
5,663 sq ft
Year built
2004
Property type
Single Family
HOA
$25/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22102689
Listed
Jun 25, 2026
Days on market
102
Listing agent
Amy W Corey · Keller Williams Indy Metro Ne
3179082599 · amy@amymoveshomes.com
Price history
First asked $323,000 · previously $319,000 cut $13,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad