DISCOUNTED FIXER (UPDATES BELOW) Owner had $1,850/month via Section 8 with consistent payments and $1,000+ in monthly cash flow. Bought for $119,000, did a DSCR, and owes 89k.
The property has stable tenant potential and isn't complete remodel, but the floors are began to sag at the end of the lease, causing owner to sell at major loss being out of state. Previous quotes on support the structure were around 15-20k.
Perfect for a buy-and-hold investor or someone looking to reposition the asset. Owner is liquidating to be done ASAP. This is a cash-flowing deal with long-term potential for the right buyer who will fix the issues
LOOKING TO NET $5,000 to walk away with closing costs covered.
NO SELLER FINANCING. Owner used to many calls so text "Eastern" if interested. Trying to weed out people wasting time.
Sold for $119,900
$119,900
2526 Eastern Ave, Indianapolis, IN 46218
3beds
1,200sqft
SingleFamily
Built in 1910
5,227 Square Feet Lot
$113,200 Zestimate®
$100/sqft
$1,196 Estimated rent
Home value
$113,200
$91,000 - $135,000
$1,196/mo
Zestimate® history
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- None
Appliances
- Included: Dryer, Washer
- Laundry: Hookups
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Off-street, Garage
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: City
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 490729151070000101
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1910
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $95,400
- Annual tax amount: $1,832
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/27/2025 | Price change | $96,000-1.5%$80/sqft |
Source: Owner Report a problem | ||
| 6/6/2025 | Listed for sale | $97,500-7.1%$81/sqft |
Source: Owner Report a problem | ||
| 6/4/2025 | Listing removed | $104,900$87/sqft |
Source:  MIBOR as distributed by MLS GRID #22025000 Report a problem | ||
| 5/15/2025 | Price change | $104,900-11.8%$87/sqft |
Source: MIBOR as distributed by MLS GRID #22025000 Report a problem | ||
| 4/24/2025 | Price change | $119,000-4.7%$99/sqft |
Source: MIBOR as distributed by MLS GRID #22025000 Report a problem | ||
| 4/12/2025 | Listed for sale | $124,900+4.2%$104/sqft |
Source: MIBOR as distributed by MLS GRID #22025000 Report a problem | ||
| 4/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/4/2024 | Sold | $119,900+3896.7%$100/sqft |
Source: Public Record Report a problem | ||
| 3/10/2024 | Price change | $1,999-6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/2024 | Listed for rent | $2,126+123.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/23/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/12/2020 | Listing removed | $950$1/sqft |
Source: Owner Report a problem | ||
| 9/5/2020 | Listed for rent | $950+80.6%$1/sqft |
Source: Owner Report a problem | ||
| 4/10/2017 | Listing removed | $526 |
Source: Supreme Property Management Report a problem | ||
| 3/19/2017 | Listed for rent | $526 |
Source: Supreme Property Management Report a problem | ||
| 3/21/2014 | Sold | $3,000-93.9%$3/sqft |
Source: Public Record Report a problem | ||
| 7/15/2005 | Sold | $49,046$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,832 +9.2% | $95,400 +23.6% |
| 2024 | $1,677 +1% | $77,200 +9.2% |
| 2023 | $1,660 +42.5% | $70,700 +0.6% |
| 2022 | $1,165 +3.3% | $70,300 +39.2% |
| 2021 | $1,128 +7.9% | $50,500 +4.6% |
| 2020 | $1,045 -28.7% | $48,300 +10% |
| 2019 | $1,465 -59.6% | $43,900 +8.1% |
| 2018 | $3,628 +17.6% | $40,600 -7.7% |
| 2017 | $3,086 +1249% | $44,000 |
| 2016 | $229 -17.2% | $44,000 +378.3% |
| 2014 | $276 +27.1% | $9,200 |
| 2013 | $217 | $9,200 |
| 2012 | $217 | $9,200 -6.1% |
| 2011 | -- | $9,800 |
| 2010 | $230 -0.5% | $9,800 |
| 2009 | $231 | $9,800 -3% |
| 2007 | -- | $10,100 -59.6% |
| 2003 | -- | $25,000 +104.9% |
| 2002 | -- | $12,200 +199.8% |
| 2001 | -- | $4,070 |
| 2000 | -- | $4,070 |
Find assessor info on the county website
Neighborhood: Martindale-Brightwood
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Nearby schools
GreatSchools rating
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1 mi
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- NAJoyce Kilmer School 69Grades: 6Distance: 1 mi
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Estimated market value
$113,200
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Estimated market value
$113,200
- Indiana
- Marion County
- Indianapolis
- 46218
- Martindale-Brightwood
- 2526 Eastern Ave
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