1145 Madeira Street Indianapolis, IN $ 120,000
1145 Madeira Street
$ 120,000
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1145 Madeira Street

Indianapolis, IN, 46203
$ 120,000
Bedrooms3 Baths1.0 Sq 1,104

Monthly Estimate*

$ 829

1145 Madeira Street, Indianapolis, IN 46203 - Image 1
1145 Madeira Street, Indianapolis, IN 46203 - Image 2
1145 Madeira Street, Indianapolis, IN 46203 - Image 3
1145 Madeira Street, Indianapolis, IN 46203 - Image 4
1145 Madeira Street, Indianapolis, IN 46203 - Image 5

Single Family Home for sale in Indianapolis, IN

for $120,000 with 3 bedrooms and 1 full bath. This 1,104 square foot home was built in 1970 on a lot size of 0.1.

Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.

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Single Family Active

Price

$ 120,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,396

Style

Bungalow

Lot Size

0.1

Year Built

1970

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22111656

Features
Interior
Interior Amenities Attic Access
Total Fireplaces 0
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Cable Connected
Possession Subject To Tenant Rights
Appliances None Gas Water Heater
Architectural Style Bungalow
Construction Materials Vinyl Siding
Year Built 1970
Township Center
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Hosbrook Prospect
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4182
Property Attached Y/N N
Standard Status Active
Tax Lot 491017101124000101
Legal Description Hosbrook Prospect St Add L81 & S1/2 L82
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Exterior
Parking Features None
Lot Features Sidewalks Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 1104
Lot Size Acres 0.1
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Berkshire Hathaway Homeservices

Broker

amarino@bhhsin.com

Email

Affordability Calculator

$945
Per Month
88%
12%
0%
Monthly Principal & Interest
$829
Monthly Property Taxes
$116
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$120,000 -3.92% Price Down
8/28/2026$124,900 -3.92% Price Down
7/13/2026$130,000 Listed Price

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1145 Madeira Street, Indianapolis, IN, 46203 is a Single Family Home for sale at $120,000 with 1,104 sqft and a lot size of 0.1. 1145 Madeira Street has 3 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 46203 which is in Indianapolis, IN