# 4405 Prospect Street, Indianapolis, IN 46203

> **TL;DR:** 4bd/1ba single family, $189,900 ($198/sqft), built 1949, 960 sqft. Est. $823/mo. Listed 31 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $189,900 |
| Price/sqft | $198 |
| Bedrooms | 4 |
| Bathrooms | 1 full |
| Square Feet | 960 |
| Year Built | 1949 |
| Lot Size | 11,326 sqft (0.26 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 31 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $823 |
| **Total** | **$823** |

## Nearby Schools

- **Elementary:** Christian Park School 82
- **High:** Arsenal Technical High School

## Property Highlights

- Built in 1949
- 0.26 acre lot

## Description

### Agent Description
Investment Opportunity with Strong Cash Flow, this is it! Immediate income with this fully renovated 4-bedroom, 1-bath investment property. With lease in place through IHA at $2,310/month which aligns with key investor benchmarks. Move-in date of May 8, 2026. The home has been completely gutted down to the studs and thoughtfully remodeled from top to bottom, offering peace of mind and low maintenance for years to come. Major upgrades include, new metal roof, all-new mechanicals, updated electrical with a 200-amp panel, and a mini-split system with supplemental heat making this property incredibly cost-effective. Inside, the property features luxury vinyl plank flooring throughout, a beautifully updated kitchen with granite countertops, new cabinetry, stainless steel appliances, and modern finishes, plus recessed lighting and contemporary touches that elevate the entire space. The functional layout offers four bedrooms, providing flexibility and strong rental appeal. Additional improvements such as new windows, exterior siding, and a tankless water heater offer enhanced efficiency and long-term value. Whether you're expanding your portfolio or securing your first investment, this is a true turnkey opportunity with built-in returns from day one.

## Location

- **Address:** 4405 Prospect Street, Indianapolis, IN 46203
- **County:** Marion
- **Neighborhood:** No Subdivision
- **Coordinates:** 39.752508, -86.09175
- **Google Maps:** https://www.google.com/maps?q=39.752508,-86.09175

## Listing Agent

- **Name:** Patricia McCormick
- **Brokerage:** Trueblood Real Estate
- **Phone:** 7038620258
- **Email:** tmccormick@truebloodre.com

## Primary Photo

![4405 Prospect Street - Primary Photo](http://lh.rdcpix.com/8673e6b97dd24f12272bc99ba7dcde7bl-f2001805519r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/4405-prospect-street-indianapolis-in-46203-22099054)*

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**MLS#:** 22099054 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4405-prospect-street-indianapolis-in-46203-22099054)

---

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