Street view of 651 Fabyan Rd
1 / 6
$1,790/mo
MLS Street view
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651 Fabyan Rd

Indianapolis IN 46217 · Single Family · built 1959
4 bd2 ba1,660 sqft
-13% Below typical
Asking $1,790/mo · typical for 46217, 4 bd: $2,055/mo · HUD fair-market (market-adjusted) $2,321
How we check rent

Typical = the median of rentals asking right now with the same bedroom count in the same ZIP (our monthly comps). When there are too few comps we use HUD's FY2027 Small Area Fair Market Rent scaled by 0.82, the ratio Indianapolis landlords actually ask versus HUD. Orientation only, not a guarantee of any rent.

Is the rent fair?

The numbers (estimates, illustrative)

$1,790/moAsking rent
$2,055Typical asking · 46217 · 4 bd
-13%Below typical
$2,321HUD fair-market rent · adjusted
$1.08Rent per sq ft / mo
27Days listed

The rent

Asking rent
$1,790/mo
Typical asking rent
$2,055/mo median of current listings, same ZIP + bedrooms
Difference
-13% Below typical
HUD fair-market rent
$2,830/mo FY2027 Small Area FMR · adjusted $2,321
Rent per sq ft
$1.08/mo
Security deposit (typical)
$1,790 one month is the Indiana norm; ask the landlord

The property

Beds / baths
4 / 2
Living area
1,660 sq ft
Lot
15,682 sq ft
Year built
1959
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22127152
Listed
Sep 20, 2026
Days on market
27
Listing agent
Ashok Challa · @Home Indiana
5515803386 · a.ashokk@gmail.com
Price history
No changes recorded
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Questions about this rental, the neighborhood, or what a fair rent is?

We own and manage rentals in Indianapolis ourselves. This listing is not ours, but ask anything and our team replies within one business day. Free.

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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