Attractive 3-bedroom, 2-bathroom ranch-style single-family home offering approximately 1,422 square feet of comfortable living space on a quiet cul-de-sac in Franklin Township (Galludet / Wildcat Run area).
This well-located property features a practical split floor plan that provides enhanced privacy, with a master suite that includes both a tub and shower. Enjoy a large backyard with a concrete patio ideal for outdoor living or entertaining. The home includes an attached garage and modern conveniences such as EV charging readiness and a WiFi-enabled video doorbell.
Residents benefit from community amenities including an HOA swimming pool and playground. Conveniently situated near the new Kroger on Southport Road, within walking distance of the Franklin Road Library, and close to local schools and parks.
Important investment note: The property is currently tenant-occupied. The existing lease runs with tenant rights through approximately April 2027 (noted as April 31st). The new owner will assume the lease and receive $1,700 per month in rental income. This makes the home an excellent turnkey investment opportunity with immediate cash flow.
Priced right around current market estimates (Zestimate approximately $247,800; recent estimates in the mid-$240ks range). Solid single-family rental in a desirable Indianapolis location.
Ideal for investors seeking positive cash flow or buyers open to assuming a performing lease.
Contact for more details, showing arrangements (subject to tenant rights), or to schedule a review of the lease.
8 days
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449
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27
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Listed by:
Property Owner(317) 379-1932
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.