For SaleNeutral Deal2 days on market

922 E Elbert St

922 E Elbert St, Indianapolis, IN 46227, Indianapolis, IN 46227
$179,900

Listing Price

Property image 1
922 E Elbert St, Indianapolis, IN 46227
Loc: Indianapolis, IN
Days Listed
2
Tax Assessed
$220k
Lot Size
0.57 acres
Rent Estimate
$1,620/mo
Est. Cash Flow base
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.

4

Abraham Lincoln Elementary School

1-5
1.4 mi away
8

Perry Meridian Middle School

7-8
3.3 mi away
6

Perry Meridian High School

9-12
3.5 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

ranch-styleone-storyenclosed porchattached garagesloped drivewayretaining wallvinyl sidingasphalt shinglessuburbancozymature treesconcrete walkwaystepsfront-facing gable

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.66%
Total ROI
103.7%
Cash Flow
$65/mo
DSCR
1.07
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $65/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
2026-09-23Listed for sale$179,900$83

Tax History

YearProperty TaxTax Assessment
2025$1,861.2$220,300
2024$1,814.58$178,700
2023$1,693.02$171,500
2022$1,324.02$158,100
2021$1,093.74$133,200
2020$826.4$121,700
2019$796.64$106,000
2018$997.16$104,000
2017$1,222.72$107,800
2016$1,067.4$111,600
2014$947.5$110,200
2013$955.46$110,200
2012$955.46$108,700
2011$0$100,700
2010$688.98$100,700
2009$554.84$100,700
2007$0$93,200
2006$0$93,100
2005$0$89,700
2004$0$89,700
2003$0$89,700
2002$0$40,900
2001$0$13,630
2000$0$13,630
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
2,168

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