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!
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 1953
Living Area: 720 SqFt
Listing Office:
Office Name: Resolute Realty
Office Email: drivers@resolute-rd.com
Listing Agent: Dana Rivers
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Microwave Hood, Gas Oven, Refrigerator
Basement: No
Interior: Attic Access
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $145,000
Price Per SqFt: $201/SqFt
Tax Information:
Annual Amount: $545
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Indianapolis, IN.
This property is $100.5K less than the Median Sold Price and $62/SqFt more than other homes in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21987832
Listing Office:
Office Name: Resolute Realty
Office Email: drivers@resolute-rd.com
Listing Agent: Dana Rivers
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$545
$25,000
2019
$576
$23,100
2018
$516
$22,200
2017
$572
$22,100
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Allegiant Preparatory Academy
3125 Concord Ct Ste B
Distance between this listing and this school0.75 miles
Public Charter Grades KG-3
4
/10
Ernie Pyle Magnet Elementary School 90
3351 W 18th St
Distance between this listing and this school0.90 miles
Public District Grades PK-6
7
/10
Carl G. Fisher Elementary School
5151 W 14th St
Distance between this listing and this school1.26 miles
Public District Grades KG-6
Nearby Schools
3
/10
The Path School
653 N Somerset Ave
Distance between this listing and this school0.28 miles
Public Charter Grades KG-8
3
/10
Christel House Academy West
55 N Tibbs Ave
Distance between this listing and this school1.12 miles
Public Charter Grades KG-8
8
/10
Speedway Junior High School
5151 W 14th St
Distance between this listing and this school1.26 miles
Public District Grades 7-8
Nearby Schools
2
/10
George Washington High School
2215 W Washington St
Distance between this listing and this school1.67 miles
Public District Grades 9-12
1
/10
Excel Center for Adult Learners
1635 W Michigan St
Distance between this listing and this school1.79 miles
Public Charter Grades 10-12
2
/10
Indianapolis Metropolitan High School
1635 W Michigan St
Distance between this listing and this school1.80 miles
The neighbors living near this home have an average income of $37,232. Most Indianapolis, IN residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 929 Olin Ave
What is the listing price of this property?
The listing price of 929 Olin Ave property is $145,000.
What type of property is this?
The property 929 Olin Ave is a house located in Indianapolis, Indiana, 46222.
Is this property for sale now?
Active Listing: 929 Olin Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $545 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 929 Olin Ave has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 929 Olin Ave is 720 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 929 Olin Ave is 1953.
This home is located at 929 Olin Ave in Indianapolis, IN and zip code 46222 in the Near Westside neighborhood. This 720 square foot home, which was built in 1953, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $145,000.
Over 170 listings were sold over their listed price in October 2024 in Indianapolis, IN. In the same period over 519 listings were sold below the listed price and 256 listings were sold for the listed price. Between September 2024 and October 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $245,515.
From Rocket Homes Real Estate and based on county public records data.