Recently Sold — 4002 N Catherwood Avenue, Indianapolis, IN 46226
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ABOUT THIS HOME
Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing adds an additional layer of stability for investors. With solid rental performance and minimal management needed, this property is an excellent addition to any portfolio seeking dependable returns.
$129,900
Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing ...
984
Sq Ft
1957
Year Built
4
Bedrooms
1
Bathrooms
Key things to know
- Sold 3.8% below list in 25 days
- Sheridan Heights subdivision
Sold
$125,000
-$4,900 below list (-3.8%)
- Closed
- May 6, 2026
- Listed at
- $129,900
- Sold
- 1 week ago
- Sold in
- 25 days
Price history
- Sold$125,000
May 6, 2026
- Listedat $129,900
Mar 27, 2026
Sheridan Heights · activity
past 6 months
- Sold
- 15
- Median price
- $145,000
- Median DOM
- 18 days
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Comparative value
5 comps in this range
This home is 30% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$129,900Listed· Mar 27, 2026
25 days on market
Layout
Schools
MSD Lawrence Township
Neighborhood
- Downtown Indianapolis6.6 mi
- IU Health North Hospital9.2 mi
- Monon Trail (Carmel)9.4 mi
- Fishers High School9.8 mi
- Carmel High School10.0 mi
- Conner Prairie10.0 mi
PROPERTY DETAILS
Living Area
984 sq ft
Year Built
1957
Stories
One
Subdivision
Sheridan Heights
Bedrooms
4
Bathrooms
1 full
School District
MSD Lawrence Township