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
7score
↓ $15,000
$450,000
MLS
Street view4221 Blue Note Dr
Indianapolis IN 46239 · Single Family · built 2017
4 bd2.5 ba2,922 sqft$154/sqft vs ZIP $148 +4%
0.64 lender DSCR (est.)
Rent covers the estimated payment 0.64× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,093/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 3%
The underwriting
The numbers (estimates, illustrative)
$450,000List price
$2,093Rent estimate / mo
0.64Lender DSCR (est.)
$8,376Taxes / yr · county assessor
$148ZIP median $ / sqft
7/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,093 |
| − Mortgage (P&I) | −$2,360 |
| − Taxes | −$698 |
| − Insurance | −$188 |
| − HOA | −$49 |
| = Cash flow before vacancy & repairs | $-1,201 |
The numbers
- Price
- $450,000
- $ / sq ft
- $154 ZIP median $148
- Rent estimate
- $2,093/mo ZIP + bedroom comps
- Property taxes
- $8,376/yr 2% cap on assessed value $418,800
- PITIA (assumed)
- $3,294/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $49/mo
- Lender DSCR (est.)
- 0.64 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 7/100 price cut 3%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,922 sq ft
- Lot
- 11,326 sq ft
- Year built
- 2017
- Property type
- Single Family
- HOA
- $49/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22115975
- Listed
- Jul 24, 2026
- Days on market
- 71
- Listing agent
- Gregory Keyler · Hive Realty Group
3172859259 · hiverealtygroup@gmail.com - Price history
- First asked $465,000 · previously $465,000 cut $15,000
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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.