Last confirmed active 18 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
14score
$420,000
MLS
Street view1144-1146 Churchman Ave
Indianapolis IN 46203 · Multi-Family · built 1920
3 bd2 ba3,000 sqft$140/sqft vs ZIP $168 −17%
0.54 lender DSCR (est.)
Rent covers the estimated payment 0.54× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,500/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
17% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$420,000List price
$1,500Rent estimate / mo
0.54Lender DSCR (est.)
$5,040Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$2,203 |
| − Taxes | −$420 |
| − Insurance | −$175 |
| = Cash flow before vacancy & repairs | $-1,298 |
The numbers
- Price
- $420,000
- $ / sq ft
- $140 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $5,040/yr assumed 1.2% of price
- PITIA (assumed)
- $2,798/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.54 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 17% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2
- Living area
- 3,000 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1920
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22121959
- Listed
- Aug 24, 2026
- Days on market
- 40
- Listing agent
- Lora Reynolds · Epique Inc
3174966291 · lora@wrsuccess.com - Price history
- First asked $420,000
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.