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 1521 Marlowe Ave
1 / 6
5score
New
$579,000
MLS Street view
Search photos

1521 Marlowe Ave

Indianapolis IN 46201 · Single Family · built 2020
4 bd3.5 ba2,416 sqft$240/sqft vs ZIP $141 +70%
0.44 lender DSCR (est.)
Rent covers the estimated payment 0.44× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,820/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$579,000List price
$1,820Rent estimate / mo
0.44Lender DSCR (est.)
$10,818Taxes / yr · county assessor
$141ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$1,820
− Mortgage (P&I)−$3,036
− Taxes−$902
− Insurance−$241
= Cash flow before vacancy & repairs$-2,359

The numbers

Price
$579,000
$ / sq ft
$240 ZIP median $141
Rent estimate
$1,820/mo ZIP + bedroom comps
Property taxes
$10,818/yr 2% cap on assessed value $540,900
PITIA (assumed)
$4,179/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.44 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 new this week

The property

Beds / baths
4 / 3.5
Living area
2,416 sq ft
Lot
3,485 sq ft
Year built
2020
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22128906
Listed
Sep 30, 2026
Days on market
4
Listing agent
Minna Kerchner · @properties
3176505205 · minna@nestindy.com
Price history
First asked $579,000
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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.

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