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
Street view of 15648 Hawks Way
1 / 6
8score
↓ $55,000
$1,395,000
MLS Street view
Search photos

15648 Hawks Way

Carmel IN 46033 · Single Family · built 2007
6 bd5 ba5,245 sqft$266/sqft vs ZIP $201 +32%
0.29 lender DSCR (est.)
Rent covers the estimated payment 0.29× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,752/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)

$1,395,000List price
$2,752Rent estimate / mo
0.29Lender DSCR (est.)
$19,444Taxes / yr · county assessor
$201ZIP median $ / sqft
8/100Deal Score

Monthly picture (illustrative)

Rent est.$2,752
− Mortgage (P&I)−$7,316
− Taxes−$1,620
− Insurance−$581
− HOA−$86
= Cash flow before vacancy & repairs$-6,851

The numbers

Price
$1,395,000
$ / sq ft
$266 ZIP median $201
Rent estimate
$2,752/mo HUD fair-market rent
Property taxes
$19,444/yr 2% cap on assessed value $972,200
PITIA (assumed)
$9,603/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $86/mo
Lender DSCR (est.)
0.29 rent ÷ PITIA · lender floor 1.20
Deal Score
8/100 price cut 4%

The property

Beds / baths
6 / 5
Living area
5,245 sq ft
Lot
10,890 sq ft
Year built
2007
Property type
Single Family
HOA
$86/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22113580
Listed
Jul 27, 2026
Days on market
70
Listing agent
Jerry Kutche Jr · Real Broker, LLC
3178632328 · jkutche@kutche.com
Price history
First asked $1,450,000 · previously $1,450,000 cut $55,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad