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
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0score
$424,500
MLS
Street view1902 Commerce Ave
Indianapolis IN 46201 · Single Family · built 1906
4 bd2.5 ba1,751 sqft$242/sqft vs ZIP $141 +72%
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. $1,820/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.
The underwriting
The numbers (estimates, illustrative)
$424,500List price
$1,820Rent estimate / mo
0.60Lender DSCR (est.)
$7,702Taxes / yr · county assessor
$141ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$2,226 |
| − Taxes | −$642 |
| − Insurance | −$177 |
| = Cash flow before vacancy & repairs | $-1,225 |
The numbers
- Price
- $424,500
- $ / sq ft
- $242 ZIP median $141
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $7,702/yr 2% cap on assessed value $385,100
- PITIA (assumed)
- $3,045/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
- 0/100
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,751 sq ft
- Lot
- 8,712 sq ft
- Year built
- 1906
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118239
- Listed
- Aug 8, 2026
- Days on market
- 56
- Listing agent
- Lora Reynolds · Epique Inc
3174966291 · lora@wrsuccess.com - Price history
- First asked $424,500
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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.