For SaleRisky Deal2 days on market

1642 N Graham Ave

1642 N Graham Ave, Indianapolis, IN 46218, Indianapolis, IN 46218
$200,000

Listing Price

Property image 1
1642 N Graham Ave, Indianapolis, IN 46218
Loc: Indianapolis, IN
Days Listed
2
Tax Assessed
$238k
Lot Size
8,712 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.

3

Anna Brochhausen School 88

PK-5
0.1 mi away
10

H.L. Harshman Magnet Middle School

6-8
3.4 mi away
2

Arsenal Technical High School

9-12
3.6 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 stylebrick exteriorattached garagesingle storychain link fenceasphalt drivewaymid-century influencesuburbangabled roofresidential propertylow profilemature trees

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.83%
Total ROI
85.6%
Cash Flow
$-66/mo
DSCR
0.94
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-66/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (5.8%)
  • • 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
2026-09-22Listed for sale$200,000$88
2026-09-08Listing removed$190,000$84
2026-08-27Price change$190,000$84
2026-08-14Listed for sale$200,000$88
2014-04-10Sold$115,000$51

Tax History

YearProperty TaxTax Assessment
2025$1,130.92$237,800
2024$1,045.2$177,400
2023$1,082.02$154,600
2022$545.42$149,800
2021$279.6$117,300
2020$304.84$103,100
2019$0$104,200
2018$32$86,900
2017$89.6$85,500
2016$523.2$82,600
2014$523.2$54,600
2013$464.2$75,200
2012$464.2$68,000
2011$0$69,500
2010$480.36$74,200
2009$474.34$77,200
2007$0$97,700
2006$0$96,800
2005$0$84,300
2004$0$84,300
2003$0$84,300
2002$0$41,600
2001$0$13,860
2000$0$13,860
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,262

Similar Properties Nearby

Explore other investment opportunities in Indianapolis.