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Street View
$120,000
Monthly Est:$597
3 Beds
1 Bath1 full bath
1,104sqft
1145 Madeira St, Indianapolis, IN 46203
$120,000
$597/moEst:
Get Pre-Approved
Single Family Residence
Built in 1970
$-- HOA
4,182 sqft lot
$109/sq.ft
Description
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 property, this home offers an excellent opportunity with an established tenancy already in place.
- Houzeo last checked: 6 minutes ago
- Listing updated: September 16, 2026 at 12:36 pm
- Listing Provided by: Ashley Marino | Berkshire Hathaway HomeServices (317) 595-2100
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22111656
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1970
HOA Fees
-
Finished Area
1,104 sqft
Lot Size
4,182 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22111656
MLS Status
Active
Days on Market
90
Cumulative Days on Market
69
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathroom: 1
Bedroom 3
Level: Main
Area: 72.00 Square Feet
Dimensions: 9x8
Bedroom 2
Level: Main
Area: 108.00 Square Feet
Dimensions: 12x9
Master Bedroom
Level: Main
Area: 108.00 Square Feet
Dimensions: 12x9
Kitchen
Level: Main
Area: 234.00 Square Feet
Dimensions: 26x9
Living Room
Level: Main
Area: 221.00 Square Feet
Dimensions: 17x13
Interior
Appliances
None, Gas Water Heater
Cooling
Central Air
Heating
Forced Air, Natural Gas
Interior Features
Attic Access
Construction
Year Built
Year Built: 1970
Home type
Single Family Residence
Construction Materials
Vinyl Siding
Architectural Style
Bungalow
Foundation Details
Block
Utilities & Energy
Utilities
Cable Connected
Parking Features
None
Water Source
Public
Other Features
Subdivision Name
Hosbrook Prospect
Lot Features
Sidewalks, Mature Trees
Price History
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: #MBR22111656 | Price Decreased | $120,000 -3.92% $109/sqft |
08/28/2026 Source: | Price Decreased | $124,900 -3.92% $113/sqft |
07/13/2026 Source: | Listed for Sale | $130,000 +550.00% $118/sqft |
12/30/2025 Source: | Price Decreased | $20,000 -74.19% $18/sqft |
08/16/2022 Source: | Price Decreased | $77,500 -3.12% $70/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 09, 2026, 03:45AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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