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    • view of front facade with a front yard and a garage
    view of front facade with a front yard and a garage
    ranch-style house featuring a front lawn and a garage
    ranch-style home featuring a front yard and a garage
    kitchen featuring white appliances, tasteful backsplash, dark wood-type flooring, and sink
    dining space featuring dark wood-type flooring
    bathroom featuring shower / bath combo with shower curtain and toilet
    bathroom with toilet, vanity, tile walls, and walk in shower
    clothes washing area with wood-type flooring and independent washer and dryer
    view of yard featuring a patio area and a trampoline
    rear view of house featuring a yard, cooling unit, and a patio
    view of yard featuring a shed
    view of yard featuring a trampoline and a storage unit

    $120,000 Pending

    Est. Payments $626/mo

    8315 E 36th Place

    Indianapolis, Indiana  46226

  • 3 Beds
  • 2 Baths
  • 1,181 sq. Ft
  • 3 Beds
  • 2 Baths
  • 1,181 sq. Ft
    • Additional Details Plus Icon

    Meet your Agent

    Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
    Tucker Customer Care
    F.C. Tucker Company
    (317) 954-4768

    Description

    Investor alert! This is your opportunity to secure a cash-flowing property with built-in upside potential. Currently rented at $900 per month through January 2025, this turnkey 3-bedroom, 1.5-bath ranch home provides immediate income and a strong foundation for long-term gains. Once the lease expires, you can adjust the rent to match current market rates-or go even further and tap into the Section 8 program. With the IHA rate for a 3-bedroom property in Marion County at $2,110, you'll quickly surpass the coveted 1% rule and significantly boost your monthly cash flow. Located on the far east side of Indianapolis, your tenants will appreciate the convenience of being just minutes from Pendleton Pike's abundant shopping and dining options, close to the expansive Fort Harrison State Park for weekend recreation, and near major freeways for easy commutes. Dubarry Park is only a few blocks away...

    Map View

    Street View Not Available At this Location

    Mortgage Calculator

    Price & Interest: $626/month
    Property Tax: $177/month
    MTG INS: $0/month
    HOME INS: $50/month
    Down Payment
    $0
    Down Payment %
    0 %
    Home Owner Insurance
    $600 / year
    Property Taxes
    $177/month
    HOA Dues
    $0 / Month
    Interest Rate
    4.75 %
    Mortgage Ins.
    $0 / year
    Years
    30 Years
    Loan Price
    $853
    Price And Interest $626/month
    Property Tax $177/month
    MTG INS $0/month
    HOME INS $50/month
    Price And Interest:  $626/month
    Property Tax:  $177/month
    MTG INS:  $0/month
    HOME INS:  $50/month

    Listing provided courtesy of Peter Stewart with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

    Based on information submitted to the MLS GRID as of 12/19/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





    Indianapolis Market Report

    151
    Avg. DOM
    $187.92
    Avg. $ / Sq.Ft.
    $ 389,000
    Med. List Price

    The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

    The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

    The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

    The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

    Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

    The last home listed in Indianapolis was 80 minutes ago.

    At the moment we have 90 open houses that you can visit.

    The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

    The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

    The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

    The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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