Owner
$338,618
813 SCHMITT RD, INDIANAPOLIS, IN
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
1
sq. ft.
2,271
property type
Single Family Residential
hoa
No
About
Residential
Building Quality A
Average Condition
Living Area
Attached Garage
1 Story
No Basement
Central
Brick
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2003
Building Size
2,271 sq ft
Lot Size
21,606 sq ft
Lot Size (Acres)
0.50 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
49-09-10-107-027.000-700
County
Marion County, IN
Metro Area
Indianapolis-Carmel-Greenwood, IN
Zoning
—
Neighborhood/Subdivision
SPRINGS OF HAMPTONS
Lot Number
65
School District
Warren Township Metropolitan School District
Legal Description
SPRINGS OF HAMPTONS L 65
Tax & Value Information
Market Value (Total)
$368,200
Building Value
$318,600
Land Value
$49,600
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$368,200
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$13,103
Return on Investment
15.60%
After Repair Value
$372,480
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$304,756
Renovation Cost
$16,931
Closing Costs (buying)
$6,095
Holding Costs
$9,246
Selling Costs
$22,349
Total Investment
$83,977
After Repair Value (ARV)
$372,480
Total Costs
$359,377
Estimated Profit
$13,103
Cash Invested
$77,882
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area