Assignment Price: $85,000 + CC
Estimated ARV: $180,000
Potential Rent: $1,910/month (Rentometer estimate)
Exit Strategy: Flip or Rental
Address: 575 Ransom St, Indianapolis, IN 46202
Type: Single Family Home
Year Built: 1952
Square Footage: 1,052 sq ft
Lot Size: 7,667 sq ft
Beds / Baths: 3 Bed / 2 Bath
Occupancy: Owner Occupied
Parking: Driveway
Scope:
Big Six:
Overall, a straightforward cosmetic project with key systems intact and additional space from conversion work.
📝 Property & Deal Notes
✅ Garage conversion to 1-bedroom apartment – potential dual-unit rental income
✅ Updated appliances and finished basement
✅ Only needs cosmetic interior/exterior refresh
✅ Minor settlement observed but no major issues reported
✅ Outstanding lien on property – to be cleared at closing
✅ Excellent opportunity for flip or cash-flowing rental
📞 TEXT OR CALL BEVANS & BOMBICH LLC FOR A SHOWING TODAY: 737-399-2575
Property Sold As Is | EMD OF $2,500
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller granting this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempt to renegotiate or communicate with the seller directly will result in legal action.
3 Bedrooms | 2 Baths | 1,722 ft
2 Bedrooms | 1 Baths | 1,056 ft
