1145 Madeira Street
Indianapolis, IN 46203
3
Bed
1
Bath
1,104Sqft
0.10Acre(Lot)
Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing prop
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedroom: 3Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 5Interior Features
Attic Access Appliances: None, Gas Water Heater -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Forced Air, Natural Gas Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1970
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Lot Information
Lot Description: Sidewalks, Mature Trees Lot Square Feet: 4182 Lot Acres: 0.1Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Bungalow
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Listing Price Information
Original List Price:$130000
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Tax Information
Tax Lot: 491017101124000101 Tax Legal Description: Hosbrook Prospect St Add L81 & S1/2 L82 Tax Year: 2024 Parcel Number: 491017101124000101
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Parking Information
None
-
Utility Information
Cable Connected Water Source: Public -
Location Information
Subdivision: Hosbrook Prospect City: Indianapolis Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6435 Birds Eye Drive, Indianapolis, IN, 46203 | $229,000 | 3 | 2 | 1,249 | 1,249 SqFt |
| 6330 E Raymond Street, Indianapolis, IN, 46203 | $209,900 | 4 | 1 | 1,562 | 1,562 SqFt |
| 3424 Pavetto Lane, Indianapolis, IN, 46203 | $250,000 | 3 | 3 | 2,334 | 2,334 SqFt |
| 2747 Foxbriar Place, Indianapolis, IN, 46203 | $262,500 | 4 | 2 | 1,840 | 1,840 SqFt |
| 2928 S Arlington Avenue, Indianapolis, IN, 46203 | $239,000 | 2 | 2 | 1,488 | 1,488 SqFt |
| 1731 S Arlington Avenue, Indianapolis, IN, 46203 | $242,500 | 3 | 2 | 2,280 | 2,280 SqFt |
| 5828 Victory Avenue, Indianapolis, IN, 46203 | $213,900 | 3 | 2 | 1,212 | 1,212 SqFt |
| 2445 S Bolton Avenue, Indianapolis, IN, 46203 | $224,900 | 3 | 1 | 2,790 | 2,790 SqFt |
| 5732 Terrace Avenue, Indianapolis, IN, 46203 | $229,900 | 3 | 2 | 1,268 | 1,268 SqFt |
| 5527 Forest Ridge Court, Indianapolis, IN, 46203 | $279,900 | 4 | 3 | 1,962 | 1,962 SqFt |
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ByOwner last updated this listing 07/21/2026 @ 06:20
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