Street view of 402 W 52nd St
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$1,999/mo
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402 W 52nd St

Indianapolis IN 46208 · Single Family · built 1948
3 bd2.5 ba1,328 sqft
+43% Well above typical
Asking $1,999/mo · typical for 46208, 3 bd: $1,399/mo · HUD fair-market (market-adjusted) $1,484
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)

$1,999/moAsking rent
$1,399Typical asking · 46208 · 3 bd
+43%Well above typical
$1,484HUD fair-market rent · adjusted
$1.51Rent per sq ft / mo
175Days listed

The rent

Asking rent
$1,999/mo
Typical asking rent
$1,399/mo median of current listings, same ZIP + bedrooms
Difference
+43% Well above typical
HUD fair-market rent
$1,810/mo FY2027 Small Area FMR · adjusted $1,484
Rent per sq ft
$1.51/mo
Security deposit (typical)
$1,999 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 2.5
Living area
1,328 sq ft
Lot
8,276 sq ft
Year built
1948
Property type
Single Family
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
22094426
Listed
Apr 10, 2026
Days on market
175
Listing agent
Summer Black · Black Realty Company
3173414820 · summer@blackrealtygroup.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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