Street view of 132 W 41st St
1 / 6
0score
$499,900
MLS Street view
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132 W 41st St

Indianapolis IN 46208 · Single Family · built 1929
4 bd2 ba2,005 sqft$249/sqft vs ZIP $131 +90%
0.60 lender DSCR (est.)
Rent covers the estimated payment 0.60× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,100/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.

The underwriting

The numbers (estimates, illustrative)

$499,900List price
$2,100Rent estimate / mo
0.60Lender DSCR (est.)
$7,740Taxes / yr · county assessor
$131ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,100
− Mortgage (P&I)−$2,622
− Taxes−$645
− Insurance−$208
= Cash flow before vacancy & repairs$-1,375

The numbers

Price
$499,900
$ / sq ft
$249 ZIP median $131
Rent estimate
$2,100/mo ZIP + bedroom comps
Property taxes
$7,740/yr 2% cap on assessed value $387,000
PITIA (assumed)
$3,475/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.60 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
4 / 2
Living area
2,005 sq ft
Lot
10,890 sq ft
Year built
1929
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22127891
Listed
Sep 25, 2026
Days on market
8
Listing agent
Mick Scheetz · Century 21 Scheetz
3178445111 · mscheetz@c21scheetz.com
Price history
First asked $499,900
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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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