4405 Prospect Street
Indianapolis, IN 46203
4
Bed
1
Bath
960Sqft
0.26Acre(Lot)
Investment Opportunity with Strong Cash Flow, this is it! Immediate income with this fully renovated 4-bedroom, 1-bath investment property. With lease in place through IHA at $2,310/month which aligns with key investor benchmarks. Move-in date of May 8, 2026. The home has been completely gutted down to the studs and thoughtfully remodeled from top to bottom, offering peace of mind and low maintenance for years to come. Major upgrades include, new metal roof, all-new mechanicals, updated electrical with a 200-amp panel, and a mini-split system with supplemental heat making this property incredibly cost-effective. Inside, the property features luxury vinyl plank flooring throughout, a beautifully updated kitchen with granite countertops, new cabinetry, stainless steel appliances, and modern
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 7Interior Features
Ceiling Vaulted, Eat-in Kitchen Appliances: Microwave, Electric Oven, Refrigerator Laundry Features: Connections All, Main Level -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Zoned, Electric, Wall Furnace Cooling: Dual, Wall Unit(s) WaterSource: Public
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Building Information
Year Built: 1949
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Lot Information
Lot Description: Sidewalks Lot Square Feet: 11326 Lot Acres: 0.26Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Ranch
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Listing Price Information
Original List Price:$195900
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Tax Information
Tax Lot: 49-10-16-151-012.000-101 Tax Legal Description: Pt Ne1/4 S16 T15 R4 Beg 53' S & 160' E Of Nw Cor Pob E60' S150 W60' N150' To Beg .26 Ac Tax Year: 2024 Parcel Number: 491016151012000101 Tax Exemption: Homestead Tax Exemption
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Virtual Tour
Parking Information
On Street
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School Information
Elementary School: Christian Park School 82 Senior High School: Arsenal Technical High School -
Utility Information
Electricity Connected, Sewer Connected, Water Connected Water Source: Public -
Location Information
Subdivision: No Subdivision 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 | $232,500 | 3 | 2 | 1,249 | 1,249 SqFt |
| 6330 E Raymond Street, Indianapolis, IN, 46203 | $220,000 | 4 | 1 | 1,562 | 1,562 SqFt |
| 2928 S Kenmore Road, Indianapolis, IN, 46203 | $224,900 | 3 | 2 | 1,056 | 1,056 SqFt |
| 3015 Cassara Drive, Indianapolis, IN, 46203 | $329,900 | 4 | 3 | 2,919 | 2,919 SqFt |
| 3424 Pavetto Lane, Indianapolis, IN, 46203 | $264,900 | 3 | 3 | 2,334 | 2,334 SqFt |
| 2350 S Sheridan Avenue, Indianapolis, IN, 46203 | $226,000 | 3 | 2 | 1,479 | 1,479 SqFt |
| 2747 Foxbriar Place, Indianapolis, IN, 46203 | $267,500 | 4 | 2 | 1,840 | 1,840 SqFt |
| 2928 S Arlington Avenue, Indianapolis, IN, 46203 | $249,000 | 2 | 2 | 1,488 | 1,488 SqFt |
| 1731 S Arlington Avenue, Indianapolis, IN, 46203 | $245,000 | 3 | 2 | 2,280 | 2,280 SqFt |
| 1502 S Arlington Avenue, Indianapolis, IN, 46203 | $299,990 | 4 | 3 | 2,599 | 2,599 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 18:20
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