This 4,000 sqft 4bd/2.5 bath home built in 2003 is located in an A-class area of Indianapolis. It is located in the Brownsburg school district which gets a 9-10/10 rating on GoodSchools.org. There are currently ZERO homes near this size for sale below 600k.
The property has been well maintained by the original owners and is in need of a strictly cosmetic renovation limited to select rooms of the house. We could likely sell the property “as-is” for around 380k as it sits based on comps.
A home a few doors down that was a bit smaller with cheaper finishes sold for $419,000. This will be a quick turnaround from purchase to list and we do not expect it to sit long on the MLS.
This deal was funded by one of our private lenders via their self-directed IRA. If you have capital in an IRA that you’d like to put to work in the real estate market send me an email or download my free guide below!