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
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31score
↓ $10,100Short Sale
$364,900
MLS
Street view11723 Crab Apple Rd
Indianapolis IN 46239 · Single Family · built 2000
4 bd2.5 ba3,289 sqft$111/sqft vs ZIP $148 −25%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,093/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.
25% under ZIP $/sqftprice cut 3%below assessed value
The underwriting
The numbers (estimates, illustrative)
$364,900List price
$2,093Rent estimate / mo
0.77Lender DSCR (est.)
$7,688Taxes / yr · county assessor
$148ZIP median $ / sqft
31/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,093 |
| − Mortgage (P&I) | −$1,914 |
| − Taxes | −$641 |
| − Insurance | −$152 |
| − HOA | −$19 |
| = Cash flow before vacancy & repairs | $-632 |
The numbers
- Price
- $364,900
- $ / sq ft
- $111 ZIP median $148
- Rent estimate
- $2,093/mo ZIP + bedroom comps
- Property taxes
- $7,688/yr 2% cap on assessed value $384,400
- PITIA (assumed)
- $2,725/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $19/mo
- Lender DSCR (est.)
- 0.77 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 31/100 25% under ZIP $/sqft · price cut 3% · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,289 sq ft
- Lot
- 17,860 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $19/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Short Sale
- MLS #
- 22084700
- Listed
- Feb 19, 2026
- Days on market
- 226
- Listing agent
- Brian Williams · Carpenter Realtors, Northwest
3176016187 · bwilliams@callcarpenter.com - Price history
- First asked $375,000 · previously $375,000 cut $10,100
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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.