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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5score
$385,000
MLS
Street view915 S State Ave
Indianapolis IN 46203 · Single Family · built 2016
3 bd2.5 ba2,196 sqft$175/sqft vs ZIP $168 +4%
0.52 lender DSCR (est.)
Rent covers the estimated payment 0.52× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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)
$385,000List price
$1,500Rent estimate / mo
0.52Lender DSCR (est.)
$8,478Taxes / yr · county assessor
$168ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$2,019 |
| − Taxes | −$707 |
| − Insurance | −$160 |
| = Cash flow before vacancy & repairs | $-1,386 |
The numbers
- Price
- $385,000
- $ / sq ft
- $175 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $8,478/yr 2% cap on assessed value $423,900
- PITIA (assumed)
- $2,886/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.52 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,196 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2016
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122850
- Listed
- Aug 31, 2026
- Days on market
- 33
- Listing agent
- Shannon Plumer · F.C. Tucker Company - Carmel
3178467751 · shannonplumer@gmail.com - Price history
- First asked $385,000
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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.