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ActiveErrorPrice cut: $6K (5/13)
$189,900
4beds
960sqft

4405 Prospect St, Indianapolis, IN 46203

4beds
960sqft
Residential, single family residence
Built in 1949
0.26 Acres
On street
$198 price/sqft

What's special

Modern finishesExterior sidingRecessed lightingStainless steel appliancesNew windowsNew cabinetryNew metal roof

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 ...

62 days
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194
|
15
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Source: MIBOR as distributed by MLS GRID,MLS#: 22099054MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Patricia McCormick 703-862-0258,

Trueblood Real Estate

Source: MIBOR as distributed by MLS GRID,MLS#: 22099054MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 4
Primary bedroom
  • Level: Main
  • Area: 137.8 Square Feet
  • Dimensions: 13x10.6
Bedroom 2
  • Level: Main
  • Area: 91.02 Square Feet
  • Dimensions: 11.1x8.2
Bedroom 3
  • Level: Main
  • Area: 138.99 Square Feet
  • Dimensions: 12.3x11.3
Bedroom 4
  • Level: Main
  • Area: 165.12 Square Feet
  • Dimensions: 9.6x17.2
Dining room
  • Level: Main
  • Area: 92.66 Square Feet
  • Dimensions: 8.2x11.3
Kitchen
  • Level: Main
  • Area: 48.44 Square Feet
  • Dimensions: 4.0x12.11
Living room
  • Level: Main
  • Area: 204.16 Square Feet
  • Dimensions: 11.6x17.6
Heating
  • Zoned, Electric, Wall Furnace
Cooling
  • Dual, Wall Unit(s)
Appliances
  • Included: Microwave, Electric Oven, Refrigerator
  • Laundry: Connections All, Main Level
Features
  • Eat-in Kitchen
  • Has basement: No
Interior area
  • Total structure area: 960
  • Total interior livable area: 960 sqft

Property

Parking
  • Parking features: On Street
Features
  • Levels: One
  • Stories: 1
  • Patio & porch: Patio, Porch
Lot
  • Size: 0.26 Acres
  • Features: Sidewalks
Details
  • Parcel number: 491016151012000101
  • Horse amenities: None

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subtype: Residential, Single Family Residence
Materials
  • Vinyl Siding
  • Foundation: Crawl Space
Condition
  • Updated/Remodeled
  • New construction: No
  • Year built: 1949

Utilities & green energy

  • Water: Public
  • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community
  • Subdivision: No Subdivision
HOA
  • Has HOA: No
Location
  • Region: Indianapolis

Financial & listing details

  • Price per square foot: $198/sqft
  • Tax assessed value: $55,000
  • Annual tax amount: $324
  • Date on market: 5/1/2026
  • Cumulative days on market: 76 days
  • Electric utility on property: Yes

Price history

DateEventPrice
5/13/2026Price change$189,900-3.1%$198/sqft
Source: MIBOR as distributed by MLS GRID #22099054 Report a problem
5/1/2026Listed for sale$195,900-2%$204/sqft
Source: MIBOR as distributed by MLS GRID #22099054 Report a problem
4/29/2026Listing removed$199,900$208/sqft
Source: MIBOR as distributed by MLS GRID #22095585 Report a problem
4/23/2026Listed for sale$199,900$208/sqft
Source: MIBOR as distributed by MLS GRID #22095585 Report a problem
4/21/2026Listing removed$2,000$2/sqft
Source: Zillow Rentals Report a problem
4/9/2026Listed for rent$2,000$2/sqft
Source: Zillow Rentals Report a problem
4/9/2026Listing removed$2,000$2/sqft
Source: Zillow Rentals Report a problem
3/24/2026Listed for rent$2,000$2/sqft
Source: Zillow Rentals Report a problem

Public tax history

YearProperty taxesTax assessment
2025$323 -28.8%$55,000 +16.5%
2024$454 -14.8%$47,200 -32.2%
2023$533 +28.8%$69,600 -7.2%
2022$414 +3.5%$75,000 +37.1%
2021$400 +43.5%$54,700 +3%
2020$279 +6.5%$53,100 +45.9%
2019$262 -3.6%$36,400 +9.6%
2018$271 -57.5%$33,200 -4%
2017$638 +158.7%$34,600 +4.5%
2016$247 +1.4%$33,100 -0.6%
2014$243 -18.5%$33,300 -1.8%
2013$298 $33,900 -5%
2012$298 $35,700 +3.5%
2011-- $34,500
2010$269 +11.4%$34,500
2009$241 $34,500 -5.5%
2007-- $36,500 +19.7%
2006-- $30,500 +4.1%
2005-- $29,300
2004-- $29,300
2003-- $29,300 +125.4%
2002-- $13,000 +195.5%
2001-- $4,400
2000-- $4,400

Find assessor info on the county website

Monthly payment

Est. payment
$1,159/mo
Principal & interest
$1007
Property taxes
$152
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Near Southeast

Nearby schools

Paul I. Miller School 114
Grades PK-61.1 miles
3/10
GreatSchools® Rating
Test Score Rating
2/10
Academic Progress Rating
3/10
Arlington Community Middle School
Grades 6-83.8 miles
5/10
GreatSchools® Rating
Test Score Rating
1/10
Academic Progress Rating
8/10
Arsenal Technical High School
Grades 9-122.8 miles
1/10
GreatSchools® Rating
College Readiness Rating
1/10