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
1 / 6
10score
↓ $35,000
$439,900
MLS
Street view333 S State St
Indianapolis IN 46201 · Multi-Family · built 1910
2 bd2 ba
0.45 lender DSCR (est.)
Rent covers the estimated payment 0.45× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,195/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.
price cut 8%
The underwriting
The numbers (estimates, illustrative)
$439,900List price
$1,195Rent estimate / mo
0.45Lender DSCR (est.)
$2,012Taxes / yr · county assessor
$141ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,195 |
| − Mortgage (P&I) | −$2,307 |
| − Taxes | −$168 |
| − Insurance | −$183 |
| = Cash flow before vacancy & repairs | $-1,463 |
The numbers
- Price
- $439,900
- $ / sq ft
- —
- Rent estimate
- $1,195/mo ZIP + bedroom comps
- Property taxes
- $2,012/yr 2% cap on assessed value $100,600
- PITIA (assumed)
- $2,658/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.45 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 8%
The property
- Beds / baths
- 2 / 2
- Living area
- —
- Lot
- 4,356 sq ft
- Year built
- 1910
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123101
- Listed
- Aug 29, 2026
- Days on market
- 35
- Listing agent
- Sheila Wright · Brookshire Realty
3173602411 · sbwrealty@gmail.com - Price history
- First asked $474,900 · previously $474,900 cut $35,000
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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.