Last confirmed active 18 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
14score
↓ $14,100
$324,900
MLS
Street view1524 English Ave
Indianapolis IN 46201 · Single Family · built 2016
2 bd2 ba1,507 sqft$216/sqft vs ZIP $141 +53%
0.49 lender DSCR (est.)
Rent covers the estimated payment 0.49× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,195/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.
price cut 4%below assessed value
The underwriting
The numbers (estimates, illustrative)
$324,900List price
$1,195Rent estimate / mo
0.49Lender DSCR (est.)
$6,948Taxes / yr · county assessor
$141ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,195 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$579 |
| − Insurance | −$135 |
| = Cash flow before vacancy & repairs | $-1,223 |
The numbers
- Price
- $324,900
- $ / sq ft
- $216 ZIP median $141
- Rent estimate
- $1,195/mo ZIP + bedroom comps
- Property taxes
- $6,948/yr 2% cap on assessed value $347,400
- PITIA (assumed)
- $2,418/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.49 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 price cut 4% · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,507 sq ft
- Lot
- 3,485 sq ft
- Year built
- 2016
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118608
- Listed
- Aug 6, 2026
- Days on market
- 58
- Listing agent
- Robert E. Ertel Iii · Compass Indiana, LLC
3174311789 · robert.ertel@gmail.com - Price history
- First asked $339,000 · previously $339,000 cut $14,100
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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.