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9887 Royce Drive, Indianapolis, IN 46235

Tudor Park · Marion County

Key Facts

3Beds
2Baths
1,048Sq Ft
1973Year Built
1Garage

Description

Income producing 3 bedroom 2 bath condo currently tenant occupied and ready to go for an investor seeking immediate rental income. This unit offers a functional floor plan with a private patio and an attached garage. The unit was rehabbed prior to the current tenant moving in and has been maintained during tenancy. Located within an established condominium association. Ideal for investors focused on cash flow rather than location amenities. Property is priced accordingly and being sold as an income producing asset.dining, and major commuter routes. Ideal opportunity to add a low maintenance rental to your portfolio.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

A-Frame

Year Built

1973

Living Area

1,048 sq ft

Garage Spaces

1

Days on Market

84

MLS® Listing#

22076441

Property Features

Interior

Eat-in Kitchen

Appliances

Electric CooktopElectric Oven

Cooling

Central Air

Heating

Natural Gas

Parking

Attached

Construction

Wood Siding

Foundation

Slab

Water Source

Public

Financial Details

HOA

$250 / Monthly

Parcel Number

490820115013000701

Directions

GPS Friendly

Affordability Calculator

$10,000

Estimated monthly payment

$266/mo

Principal $40,000 · Est. interest $55,804 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Indianapolis, IN

$276,705
Median Listing Price
55
Median Days on Market
1,638
Median Sq Ft
$159
Median Price / Sq Ft
3,249
Active Listings
  • This home’s price is 82% below the area median.
  • Its price per sq ft is 70% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.

Location

Map showing the location of 9887 Royce Drive, Indianapolis, IN 46235

Points of Interest in Indianapolis, IN

Showing the Indianapolis area map.

Nearby Schools

  • Francis Bellamy Elementary School

    Elementary · 0.4 mi away

  • Francis Scott Key School 103

    School · 0.5 mi away

  • Fun Time Childcare Ministry

    School · 0.8 mi away

  • Pla@103

    School · 0.9 mi away

  • Family Development Services

    School · 1.0 mi away

  • Andrew J Brown Academy

    School · 1.1 mi away

  • Love Two Learn Child Care

    School · 1.1 mi away

  • Tindley Summit Academy

    School · 1.2 mi away

  • TC Steele Elementary School

    Elementary · 1.2 mi away

  • Charles W Fairbanks School 105

    Elementary · 1.3 mi away

  • Renaissance School

    School · 1.3 mi away

  • Turning Point Schools

    School · 1.3 mi away

  • Sunny Heights Elementary School

    Elementary · 1.8 mi away

  • Stonybrook Intermediate Academy

    School · 1.8 mi away

  • George Buck Elementary School

    Elementary · 1.9 mi away

  • Heather Hills Elementary School

    Elementary · 1.9 mi away

  • Indianapolis Lighthouse Charter School

    School · 1.9 mi away

  • Circle City Prep

    Secondary · 1.9 mi away

  • Walker Career Center

    Secondary · 1.9 mi away

  • Lakeside Elementary School

    Elementary · 2.0 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Indianapolis

Listing Courtesy: Compass Indiana, LLC - meme.howard@compass.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. 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.

Last Updated: 2025-12-20

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