11930 Old Orchard Dr

Indianapolis, IN 46236
image0

5 bd, 3 ba | 2,540 sqft | Built in 1960

slider image
slider image
slider image
List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$1,620

Total Return

$94,625

Annualized Return

13.0%

Cap Rate

2.8%

Gross Yield

5.6%

Cash Flow

-$9,842

Appreciation

7.3%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,985

HOA

None

Flood Risk

Not Required

Discover this beautifully updated 5-bedroom, 3-bathroom home in the desirable Oaklandon area, just south of Geist Reservoir. With tons of newly remodel, modern living space, this home features an open floor plan with fresh flooring, neutral paint, and abundant natural light. The stylish kitchen boasts quartz countertops, brand new stainless steel appliances, and a large dining area, perfect for entertaining. The main level includes three bedrooms, including a spacious primary suite with an en suite bathroom and a second bathroom off the hallway, while the finished basement level offers two additional bedrooms, an additional full bathroom, and additional living space. New updates include new bathrooms, vinyl windows, furnace, AC, water heater. This home is almost completely new! Enjoy a large backyard with a patio, an attached 2-car garage, and proximity to Geist, Fort Harrison State Park, shopping, and dining. Schedule your showing today!

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$18,468

Expenses

-$3,287

Property Taxes

-$6,000

Loan Payments

-$19,022

Net Cash Flow

-$9,842

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings



Listing Courtesy of:Ryan Rominger
Agent License RB18002043
Trueblood Real Estate
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22016869
Last Updated: 01/24/2025 22:01
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.