Property profile

1302 Belmont Ave Indianapolis, IN 46221

OFF-MARKET
Residential income homes
Property ID
US31-0006667
3,100 SF 0.14 ac lot Built 1900
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1900
Construction WOOD
Total area 3,100 SF
Lot 0.14 ac (6,098 SF)
APN 49-11-16-111-059.000-901
UPID US31-0006667

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1302 Belmont Ave Indianapolis, IN 46221-1500
Indianapolis metro Census 342600 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2022
Last sale
$215,000
7 recorded transactions
2022
$215,000
2020
Price N/A
2020
Price N/A
2019
$35,000
2019
$21,000
2016
$95,000
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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