Property profile

531 Troy Ave Indianapolis, IN 46203

OFF-MARKET
Residential income homes
Property ID
US31-0246566
1,748 SF 0.12 ac lot Built 1940
Individually Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1940
Construction WOOD
Total area 1,748 SF
Lot 0.12 ac (5,120 SF)
Zoning code ZO01
APN 49-11-25-125-001.001-501
UPID US31-0246566

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership

Location

531 Troy Ave Indianapolis, IN 46203-5129
Indianapolis metro Census 380200 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

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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