Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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0score
$524,900
MLS
Street view8745 Admirals Bay Dr
Indianapolis IN 46236 · Single Family · built 1991
4 bd2.5 ba3,212 sqft$163/sqft vs ZIP $163 −0%
0.57 lender DSCR (est.)
Rent covers the estimated payment 0.57× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,145/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.
The underwriting
The numbers (estimates, illustrative)
$524,900List price
$2,145Rent estimate / mo
0.57Lender DSCR (est.)
$9,372Taxes / yr · county assessor
$163ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,145 |
| − Mortgage (P&I) | −$2,753 |
| − Taxes | −$781 |
| − Insurance | −$219 |
| − HOA | −$44 |
| = Cash flow before vacancy & repairs | $-1,651 |
The numbers
- Price
- $524,900
- $ / sq ft
- $163 ZIP median $163
- Rent estimate
- $2,145/mo ZIP + bedroom comps
- Property taxes
- $9,372/yr 2% cap on assessed value $468,600
- PITIA (assumed)
- $3,796/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $44/mo
- Lender DSCR (est.)
- 0.57 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,212 sq ft
- Lot
- 13,068 sq ft
- Year built
- 1991
- Property type
- Single Family
- HOA
- $44/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123182
- Listed
- Sep 2, 2026
- Days on market
- 31
- Listing agent
- Chris Schulhof · RE/MAX Realty Services
3178424747 · chris@indyplace.com - Price history
- First asked $524,900
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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.