Last confirmed active 19 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 1402 Linden St
1 / 6
28score
$337,500
MLS Street view
Search photos

1402 Linden St

Indianapolis IN 46203 · Single Family · built 2013
3 bd2.5 ba2,800 sqft$121/sqft vs ZIP $168 −28%
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. $1,500/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.

28% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$337,500List price
$1,500Rent estimate / mo
0.60Lender DSCR (est.)
$7,250Taxes / yr · county assessor
$168ZIP median $ / sqft
28/100Deal Score

Monthly picture (illustrative)

Rent est.$1,500
− Mortgage (P&I)−$1,770
− Taxes−$604
− Insurance−$141
= Cash flow before vacancy & repairs$-1,015

The numbers

Price
$337,500
$ / sq ft
$121 ZIP median $168
Rent estimate
$1,500/mo ZIP + bedroom comps
Property taxes
$7,250/yr 2% cap on assessed value $362,500
PITIA (assumed)
$2,515/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
28/100 28% under ZIP $/sqft · below assessed value

The property

Beds / baths
3 / 2.5
Living area
2,800 sq ft
Lot
6,098 sq ft
Year built
2013
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116820
Listed
Jul 31, 2026
Days on market
64
Listing agent
Jim Schlueter · Encore Sotheby's International Realty
3176604444 · jim.schlueter@encoresir.com
Price history
First asked $337,500
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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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