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
Street view of 2132 N Pennsylvania St
1 / 6
17score
↓ $900
$458,500
MLS Street view
Search photos

2132 N Pennsylvania St

Indianapolis IN 46202 · Single Family · built 2007
3 bd3.5 ba2,592 sqft$177/sqft vs ZIP $207 −15%
0.57 lender DSCR (est.)
Rent covers the estimated payment 0.57× · walk-away floor 1.20 · high 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 from the county assessor. Assumptions as of 2026-09-12.

14% under ZIP $/sqftprice cut 0%below assessed value
The underwriting

The numbers (estimates, illustrative)

$458,500List price
$2,000Rent estimate / mo
0.57Lender DSCR (est.)
$10,856Taxes / yr · county assessor
$207ZIP median $ / sqft
17/100Deal Score

Monthly picture (illustrative)

Rent est.$2,000
− Mortgage (P&I)−$2,404
− Taxes−$905
− Insurance−$191
= Cash flow before vacancy & repairs$-1,500

The numbers

Price
$458,500
$ / sq ft
$177 ZIP median $207
Rent estimate
$2,000/mo ZIP + bedroom comps
Property taxes
$10,856/yr 2% cap on assessed value $542,800
PITIA (assumed)
$3,500/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.57 rent ÷ PITIA · lender floor 1.20
Deal Score
17/100 14% under ZIP $/sqft · price cut 0% · below assessed value

The property

Beds / baths
3 / 3.5
Living area
2,592 sq ft
Lot
2,614 sq ft
Year built
2007
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22103392
Listed
May 21, 2026
Days on market
135
Listing agent
Doug Dilling · United Real Estate Indpls
3177359900 · doug@dillinggrouprealestate.com
Price history
First asked $459,400 · previously $459,400 cut $900
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