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406 N Denny St, Indianapolis, IN, 46201

4beds
2baths
2,656sqft
$167,000
$63price/sqft
$1,570/moest. monthly cost
$62,800/yrincome needed

About This Home

Bring your vision to this high-potential distressed property located on the booming East Side of Indianapolis. Major structural and heavy construction work is already complete, drastically cutting down your rehab timeline. Currently framed out for a spacious 4-bedroom, 2-bathroom layout, this home is the ultimate blank canvas. The plumbing and electrical layouts are established-it just needs an investor to step in and execute the finishings. Whether you are a seasoned flipper looking for your next profitable flip, or a savvy rental portfolio builder looking to execute a textbook BRRR (Buy, Rehab, Rent, Refinance), the equity upside here is undeniable. ARVs in the area are well past 210. Properties with this much heavy lifting already taken care of do not last long in this market. Schedule your walkthrough today and cash in on this East Side gem!

Getting Around

51
WalkingSomewhat Walkable
41
TransitSome Transit
62
BikeBikeable

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes

Bedroom2

  • Features: Other
  • Level: Upper
  • Area: 300
  • Dimensions: 25x12

Bedroom3

  • Features: Other
  • Level: Upper
  • Area: 300
  • Dimensions: 25x12

Bedroom4

  • Features: Other
  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Features: Other
  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Features

  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,656
  • Total interior livable area: 2,656 sqft

Kitchen

  • Features: Other
  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Living Room

  • Features: Other
  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Master Bedroom

  • Features: Other
  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Property

Details

  • Parcel number: 491004122150000101
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,227 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $844$10,128
Home Insurance *$165$1,980
Property Taxes $318$3,816
Electricity $243$2,921
Total$1,570$18,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,828/yr
40% on housing$47,100/yr
45% on housing$41,866/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 46201$113
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46201$92
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$167,000
2026-01-29Sold$109,000
2026-01-14Pending sale$122,500
2026-01-06Price change$122,500
2026-01-02Listed for sale$124,900
2025-11-18Listing removed$125,000
2025-11-16Listed for sale$125,000
2025-10-16Listing removed$125,000
2025-09-30Listed for sale$125,000
2005-05-17Sold$30,010

For Sale by Agent

AgentAlexander Moore
BrokerageFULL CANOPY REAL ESTATE, LLC

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