4374 Castlebay Way Indianapolis, IN 46254

3 beds · 1 bath · 1,252 sq ft · Lot Size: 8,059 sq ft · Single Family Home
Est. Property Value: $187,691

High Demand Long-Term RentalOwned for 5 - 10 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

4374 Castlebay Way is in the 46254 neighborhood of Indianapolis, IN. It is located in Marion County and ZIP code 46254. This Single Family Home was built in 1982 and is approximately 43 years old. The single family home spans 1252 sq ft with 3 bedrooms and 1 bathroom and sits on a 8059 sq ft lot. According to public records, it was last sold in 2018 for $133,500 and has a tax-assessed value of $187,800, which is $150 per sq ft. The 46254 area of Indianapolis has 1 residential homes with an average size of 3080 sq ft. Analyze and compare real estate investment strategies for properties like this home at 4374 Castlebay Way Indianapolis, IN 46254 with Property Intel by Whitepages.

4374 Castlebay Way

Indianapolis, IN 46254

Neighborhood

Owners & Occupancy for 4374 Castlebay Way

No contact information is available.

Occupancy

Resident 1************
Resident 2*************************
Resident 3************** age 37

Property Financials for 4374 Castlebay Way

4374 Castlebay Way, Indianapolis, IN has a mortgage from Elements Fin'l Fcu (orig. October 20, 2020). The Marion county assessment for 2024 values it at $187,800, with annual taxes of $1,986.

Mortgage & Equity Information

Loan Amount$******
LenderElements Fin'l Fcu
Origination DateOctober 20, 2020
Interest Rate****%
Term28 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateJuly 25, 2018
Property Tax Amount$1,986 in 2023
Purchase Price$133,500
Assessed Value$187,800 on 2024

Investment Potential for 4374 Castlebay Way

The property has a current estimated value of $187,691, which is 13% below the zip median, based on public records. It last sold on July 25, 2018 for $134K. Projected long-term
is $24,000 annually ($2,000 per month) with a 92% occupancy rate.

Discover more Single Family Homes in 46254.
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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
92%in 46254 zip code
 
View Rental Potential

Property Details for 4374 Castlebay Way

Property Details

Property Sq Ft

Living Area

1,252 sq ft

14% below market

Lot Size

8,059 sq ft

0% above market

Price Per Sq Ft

Living Area

$150 / sq ft

3% above market

Lot Size Area

$23 / sq ft

9% below market

Property condition, age, exterior, etc. for 4374 Castl…
Longitude: -86.284703 Latitude: 39.833276 Parcel Number (APN): 49-05-14-108-029.000-600…

Recommended Properties in 46254

Discover more single family homes near 4374 Castlebay Way in Indianapolis, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 4374 Castlebay Way in Marion County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$187,691
$209,373
-$21,681 (-10%)
$******
$300,179
-$71,368 (-24%)
YoY Price Change
****%
3.01%
86%
Year Built
1982
1972
10 years
Living Space
1,252 sq ft
1,582 sq ft
-330 (-21%)
$ Per Living Sq Ft
$150
$133
$17 (13%)
Lot Size
8,059 sq ft
12,807 sq ft
-4748 (-37%)
$ Per Lot Sq Ft
$23
$15
$8 (52%)

Net Operating Income
$*****
$17,636
-$210 (-1%)
Annual Revenue
$24,000
$24,600
-$600 (-2%)
$****
$6,411
$163 (3%)
Net Operating Income
$*****
$17,636
-$210 (-1%)
Cap Rate
****%
8.22%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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