Primary listing photo
Listing photo 2
Listing photo 3

1421 King Ave, Indianapolis, IN, 46222

3beds
1baths
1,680sqft
$125,000
$74price/sqft
$1,148/moest. monthly cost
$45,920/yrincome needed

About This Home

Excellent investment opportunity near Speedway! This rental is a three bedroom single family home with long term tenant in place, currently month to month and wants to renew. Rent is $1,175 per month. Additional 7 properties available from same seller/agent, varying conditions. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Seller Addendum is required and must be delivered along with Purchase Offer, disclosures, and proof of funds/pre-approval. See MLS docs. Minimum 24 hour notice for showing requests as tenant must be notified. Management office is open Mon-Fri 9am-4pm.

Getting Around

64
WalkingSomewhat Walkable
40
TransitSome Transit
55
BikeBikeable

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Block
  • Construction materials: Brick,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Bedroom3

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Eat-in Kitchen
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,680 sqft

Kitchen

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

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Master Bedroom

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

Property

Details

  • Parcel number: 490633126174000901
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 4,356 sqft