1145 Madeira ST, Indianapolis, IN 46203
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1145 Madeira ST, Indianapolis, IN 46203
1145 Madeira ST, Indianapolis, IN 46203
1145 Madeira ST, Indianapolis, IN 46203
1145 Madeira ST, Indianapolis, IN 46203
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Jeff Landers

Jeff Landers

+1(317) 750-9767
Listed by Ashley Marino • Berkshire Hathaway HomeServices
$ 130,000
Est. payment /mo
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1145 Madeira ST Indianapolis, IN 46203

3 Beds

1 Bath

1,104 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,104 sqft

Price per Sqft $117

Subdivision Hosbrook Prospect

MLS Listing ID 22111656

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1970

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Property Description

Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 3

Interior

Interior Features Attic Access

Heating Forced Air, Natural Gas

Cooling Central Air

Equipment None

Fireplace Y

Appliance None, Gas Water Heater

Exterior

Utilities Available Cable Connected

Water Access Desc Public

Building

Story One

Foundation Block

Water Public

Architectural Style Bungalow

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Jeff Landers

Jeff Landers

Real Estate Advisor | License ID: RB14050540

+1(317) 750-9767

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jeff Landers, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

I simply cannot recommend Jeff enough to anyone considering buying or selling a home. My experience with him selling my first house has confirmed in my mind that he is absolutely the best in the business. Not only is Jeff outstandingly professional, knowledgeable and experienced but he constantly and consistently went above and beyond for me during this process. His willingness to listen to me when I was panicking and calm me down and go to bat for me in difficult situations is something I am incredibly grateful for. I trust Jeff implicitly and was never steered wrong throughout the entire process. 5 stars is not enough to express my gratitude and stellar experience with Jeff.

RebeccaRoy0

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1145 Madeira ST