4405 Prospect Street, Indianapolis, IN 46203
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
Listed by: patricia mccormick
Office: trueblood real estate
MLS#:22099054
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$189,900
- Price per sq. ft.:$197.81
About this home
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 finishes, plus recessed lighting and contemporary touches that elevate the entire space. The functional layout offers four bedrooms, providing flexibility and strong rental appeal. Additional improvements such as new windows, exterior siding, and a tankless water heater offer enhanced efficiency and long-term value. Whether you're expanding your portfolio or securing your first investment, this is a true turnkey opportunity with built-in returns from day one....
Contact an agent
Home facts
- Year built:1949
- Subdivision & Development:No Subdivision
- Listing ID #:22099054
- Added:159 day(s) ago
- Updated:October 08, 2026 at 03:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Dining Description:Dining Combo/Family Room
- Kitchen Description:Electric Oven, Microwave, Refrigerator
- Living area:960 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s)
- Heating:Electric
Structure and exterior
- Year built:1949
- Building area:960 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Sidewalks
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding
- Foundation Description:Crawl Space
Schools
- High school:Arsenal Technical High School
- Elementary school:Christian Park School 82
Utilities
- Water:Public Water
Finances and disclosures
- Price:$189,900
- Price per sq. ft.:$197.81
Features and amenities
- Appliances:Microwave, Refrigerator
New listings near 4405 Prospect Street
- Coming Soon
$1,000,000Coming Soon4 beds 4 baths4,144 sq. ft.648 Ellsworth Street, Indianapolis, IN 46202
MLS# 22128759Listed by: F.C. TUCKER COMPANY - Coming Soon
$109,900Coming Soon3 beds 1 baths960 sq. ft.1880 Cruft Street, Indianapolis, IN 46203
MLS# 22130176Listed by: RE/MAX ADVANCED REALTY - Coming Soon
$240,000Coming Soon3 beds 2 baths1,750 sq. ft.10833 Tealpoint Drive, Indianapolis, IN 46229
MLS# 22126162Listed by: KELLER WILLIAMS INDY METRO NE - Coming Soon
$1,795,000Coming Soon5 beds 5 baths5,694 sq. ft.5617 N Meridian Street, Indianapolis, IN 46208
MLS# 22129736Listed by: ENCORE SOTHEBY'S INTERNATIONAL - Coming Soon
$439,000Coming Soon4 beds 4 baths2,886 sq. ft.2742 Patton Drive, Speedway, IN 46224
MLS# 22129679Listed by: KEY REALTY INDIANA - Coming Soon
$309,900Coming Soon3 beds 2 baths1,300 sq. ft.10205 N College Avenue, Carmel, IN 46280
MLS# 22129406Listed by: F.C. TUCKER COMPANY - Coming Soon
$1,900,000Coming Soon5 beds 5 baths5,680 sq. ft.4224 Central Avenue, Indianapolis, IN 46205
MLS# 22129329Listed by: F.C. TUCKER COMPANY - Coming Soon
$449,500Coming Soon5 beds 3 baths3,168 sq. ft.7648 Shasta Drive, Indianapolis, IN 46217
MLS# 22129795Listed by: LANDTREE, REALTORS - Coming Soon
$499,900Coming Soon2 beds 3 baths2,208 sq. ft.8335 Sand Point Way #6, Indianapolis, IN 46240
MLS# 22129274Listed by: EXP REALTY, LLC - Coming Soon
$399,900Coming Soon5 beds 3 baths4,704 sq. ft.6238 Cave Lane, Indianapolis, IN 46259
MLS# 22129010Listed by: CENTURY 21 SCHEETZ