product

markets

method

2439 Wheeler St, Indianapolis, IN 46218 — $55,000 · 3bd · ~2.9% rule | OnePercent

2439 Wheeler St, Indianapolis, IN 46218

$55,000

Home·Indianapolis 46218·2439 Wheeler St, Indianapolis, IN 46218

Confirmed in the last few hours · seller motivation 15

2439 Wheeler St, Indianapolis, IN 46218

3 bd · 1 ba · 1,886 sqft · built 1920 · Indianapolis · SINGLE_FAMILY·source listing ↗

$55,000

seller intel

Motivation score

15/100

OnePercent model (vv1)$1,578/mo

point estimate — add comps for a band

HUD Fair Market Rent · 46218 · 3BR

$1,630/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Marion

Flood risk indexRelatively Moderate FEMA NRI

Median household income$38,063

Median area rent$1,094/mo

Median home value$103,100

the verdict

2.87%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$55,000

2.87% · rent $1,578

Intrinsic value · income approach

$182,969

70% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.