Last confirmed active 17 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 528 South St
1 / 6
29score
↓ $25,000
$265,000
MLS Street view
Search photos

528 South St

Noblesville IN 46060 · Multi-Family · built 1900
5 bd3 ba
1.20 lender DSCR (est.)
Rent covers the estimated payment 1.20× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,114/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

price cut 9%
The underwriting

The numbers (estimates, illustrative)

$265,000List price
$2,114Rent estimate / mo
1.20Lender DSCR (est.)
$3,180Taxes / yr · assumed 1.2%
$184ZIP median $ / sqft
29/100Deal Score

Monthly picture (illustrative)

Rent est.$2,114
− Mortgage (P&I)−$1,390
− Taxes−$265
− Insurance−$110
= Cash flow before vacancy & repairs$349

The numbers

Price
$265,000
$ / sq ft
—
Rent estimate
$2,114/mo HUD fair-market rent
Property taxes
$3,180/yr assumed 1.2% of price
PITIA (assumed)
$1,765/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.20 rent ÷ PITIA · lender floor 1.20
Deal Score
29/100 price cut 9%

The property

Beds / baths
5 / 3
Living area
—
Lot
6,970 sq ft
Year built
1900
Property type
Multi-Family
HOA
None on record
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22102910
Listed
May 26, 2026
Days on market
132
Listing agent
Tyler Provence · Carpenter, Realtors, Noblesville
8006301727 · noblesville@callcarpenter.com
Price history
First asked $290,000 · previously $290,000 cut $25,000
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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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