6110 Homestead Dr Indianapolis, IN 46227

4 beds · 1 bath · 1,632 sq ft · Lot Size: 18,382 sq ft · Single Family Home · Homecroft
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6110 Homestead Dr is in the Homecroft neighborhood of Indianapolis, IN. It is located in Marion County and ZIP code 46227. This Single Family Home was built in 1954 and is approximately 71 years old. The single family home spans 1632 sq ft with 4 bedrooms and 1 bathroom and sits on a 18382 sq ft lot. According to public records, it was last sold in 2005 for $100,016. The Homecroft area of Indianapolis has 203 residential homes. Analyze and compare real estate investment strategies for properties like this home at 6110 Homestead Dr Indianapolis, IN 46227 with Property Intel by Whitepages.

Investment Potential for 6110 Homestead Dr

The property has a current estimated value of $255,098, which is 1% above the neighborhood median, based on public records. It last sold on January 07, 2005 for $100K. Projected long-term
is $17,400 annually ($1,450 per month) with a 90% occupancy rate.

Long-Term

Gross Rental
$17,400 per year($1,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 46227 zip code
 
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Owners & Occupancy for 6110 Homestead Dr

This property is owned by Patricia Kay Hargraves. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(317) ***-****
Residence****************
Landline(317) 784-1583+ 4 more
Distance from Property**********
Email Address*********@ecoutlook.com

Property Ownership Information

Purchase DateJanuary 07, 2005
Property Tax Amount$2,385 in 2023
Purchase Price$100,016

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 54
Resident 2********************** age 74
Resident 3************

Property Details for 6110 Homestead Dr

Property Details

Property Sq Ft

Living Area

1,632 sq ft

Compare to Homecroft

Lot Size

18,382 sq ft

Compare to Homecroft

Price Per Sq Ft

Living Area

$156 / sq ft

Compare to Homecroft

Lot Size Area

$14 / sq ft

Compare to Homecroft
Property condition, age, exterior, etc. for 6110 Homes…
Longitude: -86.128931 Latitude: 39.677361 Parcel Number (APN): 49-15-07-105-010.000-500…
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Market Benchmarks

Compare data for 6110 Homestead Dr in Marion County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$255,098
$304,985
-$49,887 (-16%)
$430,375
-$76,607 (-18%)
YoY Price Change
1.99%
-50%
Year Built
1954
1988
-34 years
Living Space
1,632 sq ft
2,408 sq ft
-776 (-32%)
$ Per Living Sq Ft
$156
$132
$25 (19%)
Lot Size
18,382 sq ft
15,451 sq ft
2931 (19%)
$ Per Lot Sq Ft
$14
$25
-$11 (-45%)

Net Operating Income
$15,964
-$5,130 (-32%)
Annual Revenue
$17,400
$23,400
-$6,000 (-26%)
$7,233
-$667 (-9%)
Net Operating Income
$15,964
-$5,130 (-32%)
Cap Rate
5.03%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians