4405 Prospect Street, Indianapolis, IN 46203
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
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....
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Home facts
- Year built:1949
- Subdivision & Development:No Subdivision
- Listing ID #:22099054
- Added:148 day(s) ago
- Updated:September 27, 2026 at 03:02 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
- Amenities:Ceiling Vaulted
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