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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27score
↓ $105,100
$359,900
MLS
Street view4127 N Sherman Dr
Indianapolis IN 46226 · Single Family · built 1948
4 bd4.5 ba3,372 sqft$107/sqft vs ZIP $124 −14%
0.50 lender DSCR (est.)
Rent covers the estimated payment 0.50× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,405/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.
14% under ZIP $/sqftprice cut 29%below assessed value
The underwriting
The numbers (estimates, illustrative)
$359,900List price
$1,405Rent estimate / mo
0.50Lender DSCR (est.)
$9,246Taxes / yr · county assessor
$124ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,405 |
| − Mortgage (P&I) | −$1,887 |
| − Taxes | −$771 |
| − Insurance | −$150 |
| = Cash flow before vacancy & repairs | $-1,403 |
The numbers
- Price
- $359,900
- $ / sq ft
- $107 ZIP median $124
- Rent estimate
- $1,405/mo ZIP + bedroom comps
- Property taxes
- $9,246/yr 2% cap on assessed value $462,300
- PITIA (assumed)
- $2,808/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.50 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 14% under ZIP $/sqft · price cut 29% · below assessed value
The property
- Beds / baths
- 4 / 4.5
- Living area
- 3,372 sq ft
- Lot
- 21,780 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112486
- Listed
- Aug 3, 2026
- Days on market
- 61
- Listing agent
- Amy Barbar · F.C. Tucker Company - Keystone at the Crossing
3175290141 · amy.barbar@talktotucker.com - Price history
- First asked $465,000 · previously $465,000 cut $105,100
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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.