For SaleRisky Deal1 days on market

1152 Delray Dr

1152 Delray Dr, Indianapolis, IN 46241, Indianapolis, IN 46241
$290,000

Listing Price

Property image 1
1152 Delray Dr, Indianapolis, IN 46241
Loc: Indianapolis, IN
Days Listed
1
Tax Assessed
$317k
Lot Size
0.44 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

McClelland Elementary School

PK-6
0.3 mi away
N/A

Ben Davis Ninth Grade Center

9
2.3 mi away
3

Ben Davis High School

10-12
2.3 mi away
Haven Underwritten Market·Stronger DSCR (0.81x)

Indianapolis, IN Investment Analysis (2026)

Cap Rate: 5.03% · Median Rent: $1,850/mo · Effective Tax: 0.81%

Open Indianapolis Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

traditionaltwo-storyvinyl sidingattached garagedetached garagedrivewayspacious lawnmature treeswrap-around porchasphalt roofresidentialsuburbanmulti-car garagegable roof

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.09%
Total ROI
91.3%
Cash Flow
$-32/mo
DSCR
0.98
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-32/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.1%)
  • Strong rental demand in Indianapolis
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-24Listed for sale$290,000$168
2011-03-01Sold$99,900$58
2010-11-03Listed for sale$99,900$58
2010-06-05Sold$112,462$65
2005-07-11Sold$132,000$77

Tax History

YearProperty TaxTax Assessment
2025$3,470.8$316,800
2024$3,685.08$293,400
2023$3,521.94$269,400
2022$3,034.94$256,000
2021$2,821.24$198,800
2020$2,696.42$185,500
2019$2,369.34$178,000
2018$2,197$176,800
2017$2,080.38$162,400
2016$1,894.48$147,800
2014$1,637.98$142,000
2013$1,545$137,000
2012$1,545$133,700
2011$0$131,700
2010$1,602.98$138,900
2009$1,630$141,200
2007$0$150,800
2006$0$151,900
2005$0$126,900
2004$0$126,900
2003$0$126,900
2002$0$98,500
2001$0$32,830
2000$0$32,830
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,724

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