Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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9score
↓ $12,500
$342,500
MLS
Street view3544 Tulip Dr
Indianapolis IN 46227 · Single Family · built 1955
4 bd2.5 ba2,233 sqft$153/sqft vs ZIP $156 −2%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · medium 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.
price cut 4%
The underwriting
The numbers (estimates, illustrative)
$342,500List price
$1,700Rent estimate / mo
0.71Lender DSCR (est.)
$5,524Taxes / yr · county assessor
$156ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$1,796 |
| − Taxes | −$460 |
| − Insurance | −$143 |
| = Cash flow before vacancy & repairs | $-699 |
The numbers
- Price
- $342,500
- $ / sq ft
- $153 ZIP median $156
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $5,524/yr 2% cap on assessed value $276,200
- PITIA (assumed)
- $2,399/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 price cut 4%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,233 sq ft
- Lot
- 20,038 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22097970
- Listed
- Apr 26, 2026
- Days on market
- 160
- Listing agent
- Kevin Harcourt · Crossroads Real Estate Group LLC
3178648330 · kharcourt@callcarpenter.com - Price history
- First asked $355,000 · previously $355,000 cut $12,500
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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.