Incoming! High-demand north Indy metro property now available! For Sale

  • $99,900
  • 2 beds
  • 1 baths
  • 1220 sqft

 Property Address: 625 Main St, Elwood, IN 46036

Elwood is one of the fastest growing suburbs of the greater Indianapolis area. This 2 bed, 1 bath (1222 sqft) property is ready for your minor finishing touches – and then will rent for $1200+ (or more). Highly desirable, this area has been booming (and even better) – there is a shortage of rentals available (and the stone exterior provides some nice extra curb appeal for new tenants).

On the future equity side, minimum value after rehab would be $140K, but with a few additional upgrades, this can easily be a $165K+ house!

As part of our “Spooky October Savings” – get a $1500 discount by reserving this property and closing before the end of October! Schedule a visit today!

  • ARV: 140K (simple rehab)
  • High-end ARV: $170K (higher-end touches)
  • Property Cost: $98,400 to $99,900
  • Basic Rehab Costs to Make Move-in Ready: $10K
  • Equity Spread Range: $30K to $55K

Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? NO
  3. Are tenants current? NA
  4. When does the tenant lease expire? NA
  5. Who pays the utilities? (tenant or owner) TENANT
  6. Can you manage the rehab? POSSIBLY
  7. Can you manage the property? NO
  8. Can I lease it from you? NO

What to expect:

  • Property is being sold ‘as-is’.
  • The buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • The buyer will need to sign paperwork and submit $2,000 of non-refundable earnest money to a title company specializing in investment properties to reserve the property.
625 Main St
Elwood, Indiana 46036
Square Feet:
For Sale
Property Type:
Year Built:
Const. Type:

Call 866-335-3739 for more details

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