4405 Prospect

Indianapolis, IN

$189,900

4405 Prospect, Indianapolis, IN 46203

Indianapolis, IN 46203 · No Subdivision

MLS# MBR22099054

Listed 70 days ago

4 Beds
1 Baths
960 Sq. Ft.

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.

Property Details

Type
Residential
Year Built
1949
Lot Size
0.26 acres
Listed
70 days ago
County
Marion
Listing Office
Trueblood Real Estate
Listing Agent
Patricia McCormick

Mortgage Calculator

Estimate principal and interest for this listing.

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$37,980

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Estimated monthly payment

$960/mo

Principal & interest
$960
Loan amount
$151,920

Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.

Listed by Trueblood Real Estate with Patricia McCormick. Contact tmccormick@truebloodre.com.

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Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 22, 2026 at 6:16 AM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

Based on information submitted to the MLS GRID as of September 22, 2026 at 6:16 AM EDT. 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.