For SaleRisky Deal2 days on market
1631 Lacebark Dr Unit J
1631 Lacebark Dr Unit J, Greenwood, IN 46143, Greenwood, IN 46143
$215,000
Estimate®:$209,100
Listing Price
1631 Lacebark Dr Unit J, Greenwood, IN 46143
Loc: Greenwood, IN
Days Listed
2
Tax Assessed
$188k
Estimate®
$209k
Market Rate
Lot Size
4,356 sqft
Rent Estimate
$1,618/mo
Est. Cash Flow base
Type
condo
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
Sugar Grove Elementary School
PK-5
1.3 mi away
8
Center Grove Middle School North
6-8
2.6 mi away
10
Center Grove High School
9-12
2.8 mi away
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
townhomebrick facademulti-storygabled roofattached garagedormer windowtraditionalsuburbanresidentiallow maintenancedrivewaymulti-unitsiding
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.69%
Total ROI
82.5%
Cash Flow
$-97/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-97/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Greenwood
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
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $215,000 | $143 |
| 2025-04-29 | Listing removed | $1,700 | $1 |
| 2025-02-13 | Listed for rent | $1,700 | $1 |
| 2023-12-25 | Listing removed | $0 | – |
| 2023-11-27 | Listed for rent | $1,500 | $1 |
| 2022-10-17 | Sold | $187,500 | $124 |
| 2022-09-13 | Pending sale | $189,990 | $126 |
| 2022-09-04 | Price change | $189,990 | $126 |
| 2022-08-30 | Listed for sale | $199,900 | $133 |
| 2011-12-23 | Sold | $64,900 | $43 |
| 2011-11-06 | Listed for sale | $64,900 | $43 |
| 2011-11-01 | Sold | $54,000 | $36 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,858 | $187,900 |
| 2024 | $2,796 | $142,900 |
| 2023 | $991.72 | $139,800 |
| 2022 | $904.16 | $110,000 |
| 2021 | $911.2 | $113,400 |
| 2020 | $782.34 | $110,400 |
| 2019 | $758.7 | $102,100 |
| 2018 | $1,020.98 | $99,700 |
| 2017 | $1,035.94 | $120,000 |
| 2016 | $1,035.94 | $120,000 |
| 2014 | $1,014.88 | $120,000 |
| 2013 | $953.2 | $120,000 |
| 2012 | $1,374 | $148,200 |
| 2011 | $1,057.82 | $133,000 |
| 2010 | $1,097.56 | $133,000 |
| 2009 | $1,100.62 | $133,000 |
| 2007 | $689.4 | $35,000 |
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