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$130,000
$650Reward *
1145 Madeira Street, Indianapolis, IN 46203Listing ID 22111656

1145 Madeira Street, Indianapolis, IN 46203

Active
Hosbrook Prospect
Time on site: 38 days • Last updated: Jul 15, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,104
Acres
Acres
0.1
Days on Site
Days on Site
38
Cooling
Cooling
Central Air
Heating
Heating
Forced Air, Natural Gas
Year Built
Year Built
1970
Parking
Parking
None

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.

Property Information

Property Details

Location

Address
1145 Madeira Street
County
Marion
City
Indianapolis
Zip Code
46203
Subdivision
Hosbrook Prospect
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
3
Full Bathrooms
1

Building

Building Information

Square Feet
1,104
Year Built
1970
Construction
Vinyl Siding
Foundation
Block

Property Taxes

Tax Year
2024
Berkshire Hathaway HomeServices, (317) 595-2100

Market Report for 46203

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 11:28 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR44178