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 648 E 25th St
1 / 6
21score
↓ $20,100
$549,900
MLS Street view
Search photos

648 E 25th St

Indianapolis IN 46205 · Single Family · built 2006
4 bd3.5 ba3,996 sqft$138/sqft vs ZIP $165 −17%
0.57 lender DSCR (est.)
Rent covers the estimated payment 0.57× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,295/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.

17% under ZIP $/sqftprice cut 4%
The underwriting

The numbers (estimates, illustrative)

$549,900List price
$2,295Rent estimate / mo
0.57Lender DSCR (est.)
$10,674Taxes / yr · county assessor
$165ZIP median $ / sqft
21/100Deal Score

Monthly picture (illustrative)

Rent est.$2,295
− Mortgage (P&I)−$2,884
− Taxes−$890
− Insurance−$229
= Cash flow before vacancy & repairs$-1,707

The numbers

Price
$549,900
$ / sq ft
$138 ZIP median $165
Rent estimate
$2,295/mo ZIP + bedroom comps
Property taxes
$10,674/yr 2% cap on assessed value $533,700
PITIA (assumed)
$4,002/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.57 rent ÷ PITIA · lender floor 1.20
Deal Score
21/100 17% under ZIP $/sqft · price cut 4%

The property

Beds / baths
4 / 3.5
Living area
3,996 sq ft
Lot
6,098 sq ft
Year built
2006
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22127322
Listed
Sep 23, 2026
Days on market
10
Listing agent
Will Lonnemann · F.C. Tucker Company - Downtown
3178444200 · will@joansteam.com
Price history
First asked $570,000 · previously $570,000 cut $20,100
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad