112 W 41st St Indianapolis, IN 46208

2 beds · 1 bath · 1,806 sq ft · Lot Size: 5,201 sq ft · Single Family Home · Butler - Tarkington
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High Demand Long-Term RentalValued above Market MedianOwner Age 65 - 75

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112 W 41st St is in the Butler - Tarkington neighborhood of Indianapolis, IN. It is located in Marion County and ZIP code 46208. This Single Family Home was built in 1921 and is approximately 104 years old. The single family home spans 1806 sq ft with 2 bedrooms and 1 bathroom and sits on a 5201 sq ft lot. The Butler - Tarkington area of Indianapolis has 792 residential homes. Analyze and compare real estate investment strategies for properties like this home at 112 W 41st St Indianapolis, IN 46208 with Property Intel by Whitepages.

Investment Potential for 112 W 41st St

The property has a current estimated value of $303,514, which is 31% above the neighborhood median. Projected long-term rental income is $25,800 annually ($2,150 per month) with a 73% occupancy rate.

Long-Term

Gross Rental
$25,800 per year($2,150 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
73%in 46208 zip code
 
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Owners & Occupancy for 112 W 41st St

This property is owned by Marguerite J Watkins. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

Cell Phone(317) ***-****
Residence****************
Landline(317) 924-5876+ 1 more
Distance from Property**********
Email Address*****************@webtv.net
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Property Ownership Information

Property Tax Amount$2,322 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 66
Resident 2******************** age 35

Property Details for 112 W 41st St

Property Details

Property Sq Ft

Living Area

1,806 sq ft

Compare to Butler - Tarkington

Lot Size

5,201 sq ft

Compare to Butler - Tarkington

Price Per Sq Ft

Living Area

$168 / sq ft

Compare to Butler - Tarkington

Lot Size Area

$58 / sq ft

Compare to Butler - Tarkington
Compare to Neighborhood Median
Property condition, age, exterior, etc. for 112 W 41st…
Longitude: -86.159827 Latitude: 39.830236 Parcel Number (APN): 49-06-14-134-015.000-801…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 112 W 41st St in Marion County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$303,514
$138,962
$164,552 (118%)
$******
$223,197
$206,054 (92%)
YoY Price Change
****%
5.26%
81%
Year Built
1921
1947
-26 years
Living Space
1,806 sq ft
1,104 sq ft
702 (64%)
$ Per Living Sq Ft
$168
$125
$43 (35%)
Lot Size
5,201 sq ft
8,255 sq ft
-3054 (-37%)
$ Per Lot Sq Ft
$58
$18
$41 (230%)

Net Operating Income
$*****
$12,943
$4,873 (38%)
Annual Revenue
$25,800
$16,800
$9,000 (54%)
$****
$3,772
$4,212 (112%)
Net Operating Income
$*****
$12,943
$4,873 (38%)
Cap Rate
****%
8.88%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians