For SaleNeutral Deal28 days on market

5026 Winthrop Ave

5026 Winthrop Ave, Indianapolis, IN 46205, Indianapolis, IN 46205
$599,900

Listing Price

Property image 1
5026 Winthrop Ave, Indianapolis, IN 46205
Loc: Indianapolis, IN
Days Listed
28
Tax Assessed
$283k
Lot Size
6,534 sqft
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.

9

Center for Inquiry School 70

K-5
0.5 mi away
3

Broad Ripple Middle School - An IB World School

6-8
1.7 mi away
5

Shortridge High School

9-12
2 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

Craftsmantwo-storycovered front porchlap sidingbrick foundationshingle roofshutterscozysuburbanresidentialwell-maintainedlandscapedcharming

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.66%
Total ROI
103.6%
Cash Flow
$216/mo
DSCR
1.07
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $216/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.7%)
  • 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
2026-09-23Price change$599,900$231
2026-09-15Price change$625,000$241
2026-09-04Price change$639,900$247
2026-08-27Listed for sale$649,900$251
2025-10-08Sold$227,500$88
2025-09-18Pending sale$227,500$88
2008-07-24Sold$157,900$61
2008-06-13Price change$157,900$61
2008-05-25Listed for sale$164,900$64
2006-01-30Sold$142,000$55

Tax History

YearProperty TaxTax Assessment
2025$3,514.7$283,300
2024$3,500.86$294,100
2023$3,118.5$294,100
2022$2,273.8$261,400
2021$2,431.66$197,100
2020$2,453.92$209,500
2019$1,916.54$207,500
2018$1,739.9$162,800
2017$2,438.58$161,200
2016$1,777.88$226,500
2014$1,712.36$159,400
2013$1,740.26$159,400
2012$1,740.26$181,000
2011$0$150,200
2010$1,559.18$150,200
2009$1,634.34$154,600
2007$0$130,900
2006$0$129,500
2005$0$114,300
2004$0$114,300
2003$0$114,300
2002$0$33,500
2001$0$11,160
2000$0$11,160
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,594

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