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
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0score
$3,995,000
MLS
Street view12318 E 196th St
Noblesville IN 46060 · Single Family · built 2008
6 bd6 ba16,584 sqft$241/sqft vs ZIP $184 +31%
0.08 lender DSCR (est.)
Rent covers the estimated payment 0.08× · 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.
The underwriting
The numbers (estimates, illustrative)
$3,995,000List price
$2,114Rent estimate / mo
0.08Lender DSCR (est.)
$58,042Taxes / yr · county assessor
$184ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,114 |
| − Mortgage (P&I) | −$20,950 |
| − Taxes | −$4,837 |
| − Insurance | −$1,665 |
| = Cash flow before vacancy & repairs | $-25,338 |
The numbers
- Price
- $3,995,000
- $ / sq ft
- $241 ZIP median $184
- Rent estimate
- $2,114/mo HUD fair-market rent
- Property taxes
- $58,042/yr 2% cap on assessed value $2,902,100
- PITIA (assumed)
- $27,452/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 6 / 6
- Living area
- 16,584 sq ft
- Lot
- 566,280 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22102985
- Listed
- Jun 2, 2026
- Days on market
- 125
- Listing agent
- Paul Zimmerman · Encore Sotheby's International Realty
3176604444 · martyzimmerman@me.com - Price history
- First asked $3,995,000
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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.