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Street view of 318 N Warman Ave
1 / 6
10score
$311,999
MLS Street view
Search photos

318 N Warman Ave

Indianapolis IN 46222 · Single Family · built 2021
3 bd2.5 ba2,102 sqft$148/sqft vs ZIP $158 −6%
0.72 lender DSCR (est.)
Rent covers the estimated payment 0.72× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,700/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.

below assessed value
The underwriting

The numbers (estimates, illustrative)

$311,999List price
$1,700Rent estimate / mo
0.72Lender DSCR (est.)
$6,724Taxes / yr · county assessor
$158ZIP median $ / sqft
10/100Deal Score

Monthly picture (illustrative)

Rent est.$1,700
− Mortgage (P&I)−$1,636
− Taxes−$560
− Insurance−$130
− HOA−$35
= Cash flow before vacancy & repairs$-661

The numbers

Price
$311,999
$ / sq ft
$148 ZIP median $158
Rent estimate
$1,700/mo ZIP + bedroom comps
Property taxes
$6,724/yr 2% cap on assessed value $336,200
PITIA (assumed)
$2,361/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $35/mo
Lender DSCR (est.)
0.72 rent ÷ PITIA · lender floor 1.20
Deal Score
10/100 below assessed value

The property

Beds / baths
3 / 2.5
Living area
2,102 sq ft
Lot
3,485 sq ft
Year built
2021
Property type
Single Family
HOA
$35/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22120646
Listed
Aug 20, 2026
Days on market
44
Listing agent
Lisa Antonacci · Compass of Indiana, LLC
3178466300 · jay.rose@compass.com
Price history
First asked $311,999
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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.

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