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
Street view of 5047 Graceland Ave
1 / 6
5score
$455,000
MLS Street view
Search photos

5047 Graceland Ave

Indianapolis IN 46208 · Single Family · built 1950
4 bd2 ba2,514 sqft$181/sqft vs ZIP $126 +44%
0.63 lender DSCR (est.)
Rent covers the estimated payment 0.63× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,095/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.

below assessed value
The underwriting

The numbers (estimates, illustrative)

$455,000List price
$2,095Rent estimate / mo
0.63Lender DSCR (est.)
$9,108Taxes / yr · county assessor
$126ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$2,095
− Mortgage (P&I)−$2,386
− Taxes−$759
− Insurance−$190
= Cash flow before vacancy & repairs$-1,240

The numbers

Price
$455,000
$ / sq ft
$181 ZIP median $126
Rent estimate
$2,095/mo ZIP + bedroom comps
Property taxes
$9,108/yr 2% cap on assessed value $455,400
PITIA (assumed)
$3,335/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.63 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 below assessed value

The property

Beds / baths
4 / 2
Living area
2,514 sq ft
Lot
6,970 sq ft
Year built
1950
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116275
Listed
Jul 28, 2026
Days on market
67
Listing agent
Mike Johnson · Encore Sotheby's International Realty
3176604444 · mike.johnson@encoresothebysrealty.com
Price history
First asked $455,000
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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.

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