Street view of 233 Legends Creek Pl
1 / 6
38score
New
$137,000
MLS Street view
Search photos

233 Legends Creek Pl

Indianapolis IN 46229 · Condo · built 2002
2 bd2 ba1,442 sqft$95/sqft vs ZIP $138 −31%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,098/mo (HUD fair-market rent) ÷ 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.

31% under ZIP $/sqftnew this weekbelow assessed valueregistered rental
The underwriting

The numbers (estimates, illustrative)

$137,000List price
$1,098Rent estimate / mo
0.90Lender DSCR (est.)
$1,644Taxes / yr · assumed 1.2%
$138ZIP median $ / sqft
38/100Deal Score

Monthly picture (illustrative)

Rent est.$1,098
− Mortgage (P&I)−$718
− Taxes−$137
− Insurance−$57
− HOA−$307
= Cash flow before vacancy & repairs$-122

The numbers

Price
$137,000
$ / sq ft
$95 ZIP median $138
Rent estimate
$1,098/mo HUD fair-market rent
Property taxes
$1,644/yr assumed 1.2% of price
PITIA (assumed)
$1,220/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $307/mo
Lender DSCR (est.)
0.90 rent ÷ PITIA · lender floor 1.20
Deal Score
38/100 31% under ZIP $/sqft · new this week · below assessed value · registered rental

The property

Beds / baths
2 / 2
Living area
1,442 sq ft
Lot
871 sq ft
Year built
2002
Property type
Condo
HOA
$307/mo
Flood zone
None (Zone X)
Registered rental
Yes — registered with the city

The listing

Source
Standard
MLS #
22128522
Listed
Oct 12, 2026
Days on market
3
Listing agent
Victoria Pina Druley · Compass Indiana, LLC
3176288984 · gppigroupllc@gmail.com
Price history
First asked $137,000
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