For SaleRisky Deal76 days on market

1420 E Edwards Ave

1420 E Edwards Ave, Indianapolis, IN 46227, Indianapolis, IN 46227
$179,900

Listing Price

Property image 1
1420 E Edwards Ave, Indianapolis, IN 46227
Loc: Indianapolis, IN
Days Listed
76
Tax Assessed
$124k
Lot Size
0.26 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.

3

Eleanor Skillen Elementary School 34

PK-5
2.1 mi away
4

Edison School of the Arts 47

K-8
4.2 mi away
2

Arsenal Technical High School

9-12
4.9 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

Craftsman bungalowblue lap sidingdormer windowfront porchred front doorsteep gabled rooflarge front yardcozy aesthetictraditional suburbanlandscaped rose bushesasphalt shingle roofwhite trimsingle-family home

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.17%
Total ROI
92.9%
Cash Flow
$-9/mo
DSCR
0.99
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-9/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.2%)
  • 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
2026-09-22Price change$179,900$53
2026-08-12Listed for sale$189,900$56
2026-08-10Pending sale$189,900$56
2026-07-30Price change$189,900$56
2026-07-10Listed for sale$199,900$59
2012-04-27Sold$61,900$18
2012-02-15Listed for sale$64,900$19

Tax History

YearProperty TaxTax Assessment
2025$2,947.28$124,300
2024$2,645.14$124,200
2023$2,394.42$111,500
2022$2,102.2$101,400
2021$2,045.38$91,100
2020$1,903.42$88,300
2019$1,696.88$80,600
2018$1,518.8$71,200
2017$2,174.02$109,500
2016$2,027.06$100,300
2014$1,920.66$88,800
2013$925.3$88,000
2012$925.3$89,900
2011$0$122,100
2010$1,260.64$122,100
2009$1,078.04$107,600
2007$0$109,600
2006$0$103,700
2005$0$95,800
2004$0$95,800
2003$0$95,800
2002$0$34,400
2001$0$11,460
2000$0$11,460
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
3,396

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