Street view of 228 N Tacoma Ave Unit A
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$1,000/mo
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228 N Tacoma Ave Unit A

Indianapolis IN 46201 · Single Family · built 1945
3 bd1 ba1,200 sqft
-31% Below typical
Asking $1,000/mo · typical for 46201, 3 bd: $1,450/mo · HUD fair-market (market-adjusted) $1,394
How we check rent

Typical = the median of rentals asking right now with the same bedroom count in the same ZIP (our monthly comps). When there are too few comps we use HUD's FY2027 Small Area Fair Market Rent scaled by 0.82, the ratio Indianapolis landlords actually ask versus HUD. Orientation only, not a guarantee of any rent.

Is the rent fair?

The numbers (estimates, illustrative)

$1,000/moAsking rent
$1,450Typical asking · 46201 · 3 bd
-31%Below typical
$1,394HUD fair-market rent · adjusted
$0.83Rent per sq ft / mo
142Days listed

The rent

Asking rent
$1,000/mo
Typical asking rent
$1,450/mo median of current listings, same ZIP + bedrooms
Difference
-31% Below typical
HUD fair-market rent
$1,700/mo FY2027 Small Area FMR · adjusted $1,394
Rent per sq ft
$0.83/mo
Security deposit (typical)
$1,000 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 1
Living area
1,200 sq ft
Lot
5,227 sq ft
Year built
1945
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22101710
Listed
May 13, 2026
Days on market
142
Listing agent
Evona Watson · Triple E Realty, Llc
3172103637 · evona@tripleerealty.com
Price history
No changes recorded
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Questions about this rental, the neighborhood, or what a fair rent is?

We own and manage rentals in Indianapolis ourselves. This listing is not ours, but ask anything and our team replies within one business day. Free.

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.

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