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929 Olin Avenue

Indianapolis, IN 46222

3 beds
1 bath
720 sqft
3,659 sqft lot
$201 per sqft
1953 build

This cash-flowing investment property is a prime opportunity for savvy investors looking for a fully remodeled, tenant-occupied home with rental income already in place. The tenant is secured through September 2025, making this a hassle-free, turn-key investment. Stripped down to the studs and completely remodeled, this home features all-new siding, roof, HVAC, water heater, windows, and updated electrical systems-no detail was overlooked. The centerpiece of this home is the modern kitchen, which boasts brand-new stainless steel appliances and stunning butcher block countertops, making it a standout feature of the property. The 720-square-foot home offers 2 comfortable bedrooms, 1 bonus room that can be used as an office or additional living space, and 1 full bathroom. It's designed to maximize functionality and style while maintaining low maintenance for long-term ownership. Located just steps from the B&O Trail, your tenants will have access to excellent outdoor recreation, and they'll appreciate the convenience of being just a short drive from I-70 and the airport. **Key Features:** - **Tenant Occupied Until September 2025** - Guaranteed cash flow. - **Complete Remodel** - Stripped to the studs with all new siding, roof, HVAC, water heater, windows, and electrical. - **Modern Kitchen** - Stainless steel appliances and butcher block countertops make the kitchen the heart of the home. - **Location** - Steps from the B&O Trail and a short drive to I-70 and the airport, making it a prime spot for tenants. This is a rare chance to invest in a fully renovated property with rental income already in place. Don't miss out on this fantastic investment opportunity!

Listing courtesy of MIBOR / Resolute Realty

Last checked: Checking… • Last updated Oct 8, 2024 •

MLS# 21987832 —

The Building

Year Built:

1953
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Cape Cod
Levels:

One
Basement:

false
Foundation Details:

Crawl Space
Patio And Porch Features:

Covered Porch
Accessibility Features:

No
Direction Faces:

West
Green Certification:

No
Building Area Total:

720

Interior

Rooms:

6
Rooms Total:

6
Rooms Total:

6
Interior:

Laundry in Unit
Interior Features:

Attic Access
Kitchen Features:

Kitchen Updated
Other Equipment:

Not Applicable
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Common Laundry

Room Dimensions

SqFt:

720
Main Level SqFt:

720
Living Area:

720

Location

Directions:

GPS Friendly
Latitude:

39.779279
Longitude:

-86.224982

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

491105117019000901
Acres:

<1/4 Acre
Lot Size Acres:

0.08
Lot Size SqFt:

3,659 Sqft
Price Per Acre:

1812500
Property Condition:

Updated/Remodeled
Additional Parcels:

false
View:

false
Waterfront:

false
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

49-11-05-117-019.000-901
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

532

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Baths:

1
Full Baths:

1
Full Baths:

1
Full Baths Main:

1

The Listing

Inspection Warranties:

General

Heating & Cooling

Heating:

Forced Air, Gas
Cooling:

Central Electric
Fuel:

No Fuel Source

Utilities

Utilities:

Cable Available, Electricity Connected, Gas Nearby, Gas, Sewer Connected, Water Connected
Electric:

200+ Amp Service
Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Fairfax
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Other
Garage:

false

Monthly cost estimate

Asking price

$145,000

Expense	Monthly cost
Mortgage	$776
Taxes	$88
Insurance	$39
Utilities	$104 See report
Total	$1,007/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
10/7/24 Oct 7, 2024	Price Changed	MIBOR	$145,000	-3.3%
8/13/24 Aug 13, 2024	Price Changed	MIBOR	$150,000	0.0%
8/13/24 Aug 13, 2024	Price Changed	MIBOR	$149,999	-4.8%

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This house located in West Side Indianapolis, Indianapolis, IN 46222 is currently for sale for $145,000. 929 Olin Avenue is a 720 square foot house with 3 beds and 1 bath. 929 Olin Avenue is in the West Side Indianapolis neighborhood of Indianapolis and has a WalkScore® of 26, making it car-dependent. This house is in the attendance area of Arsenal Technical High School, Riverside High School, George Washington Community High School, and Stephen Foster School 67.

Listing Courtesy of: MIBOR and Resolute Realty.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service