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
1 / 6
8score
↓ $11,000
$285,000
MLS
Street view15198 Bird Watch Way
Noblesville IN 46060 · Single Family · built 1999
3 bd2.5 ba1,440 sqft$198/sqft vs ZIP $184 +8%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,735/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.
price cut 4%
The underwriting
The numbers (estimates, illustrative)
$285,000List price
$1,735Rent estimate / mo
0.84Lender DSCR (est.)
$5,228Taxes / yr · county assessor
$184ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,735 |
| − Mortgage (P&I) | −$1,495 |
| − Taxes | −$436 |
| − Insurance | −$119 |
| − HOA | −$25 |
| = Cash flow before vacancy & repairs | $-339 |
The numbers
- Price
- $285,000
- $ / sq ft
- $198 ZIP median $184
- Rent estimate
- $1,735/mo HUD fair-market rent
- Property taxes
- $5,228/yr 2% cap on assessed value $261,400
- PITIA (assumed)
- $2,074/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 price cut 4%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,440 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1999
- Property type
- Single Family
- HOA
- $25/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109362
- Listed
- Jun 21, 2026
- Days on market
- 106
- Listing agent
- Landon Buesching · 1 Percent Lists Indiana Real Estate
2605736316 · landon.buesching@exprealty.com - Price history
- First asked $296,000 · previously $296,000 cut $11,000
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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.