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
1 / 6
12score
↓ $25,000
$325,000
MLS
Street view2022 2024 N Talbott St
Indianapolis IN 46202 · Multi-Family · built 1915
3 bd2 ba
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,000/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 8%
The underwriting
The numbers (estimates, illustrative)
$325,000List price
$2,000Rent estimate / mo
0.92Lender DSCR (est.)
$3,900Taxes / yr · assumed 1.2%
$207ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$325 |
| − Insurance | −$135 |
| = Cash flow before vacancy & repairs | $-165 |
The numbers
- Price
- $325,000
- $ / sq ft
- —
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $3,900/yr assumed 1.2% of price
- PITIA (assumed)
- $2,165/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.92 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100 price cut 8%
The property
- Beds / baths
- 3 / 2
- Living area
- —
- Lot
- 4,792 sq ft
- Year built
- 1915
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116549
- Listed
- Jul 29, 2026
- Days on market
- 66
- Listing agent
- Tom Johnson · F.C. Tucker Company - South
3178883311 · tom.johnson@talktotucker.com - Price history
- First asked $350,000 · previously $350,000 cut $25,000
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.