Market snapshot
This report covers ZIP 46224, Indianapolis, IN. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 46224
In the last 12 months, 6 properties in ZIP 46224 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $63K in gross margin before rehab, carrying, and closing costs, with a median hold time of 202 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | HERITAGE HOMES & SERVICES LLC | 1 |
| 2 | RAD REAL ESTATE GROUP LLC | 1 |
| 3 | SIMPLE QUARTERS LLC | 1 |
| 4 | BLACKSTAR STABILITY REVITALIZATION TRUST | 1 |
| 5 | RODICK ELIZABETH H | 1 |
Recent example
3116 GEORGETOWN RD, INDIANAPOLIS, IN, 46224 · HERITAGE HOMES & SERVICES LLC
Bought $189,924, sold $261,744 (+$72K), held 101 days.
Recent investor purchases in ZIP 46224
13 investor purchases in ZIP 46224 in the last 6 months, at a median price of $180K. 23% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 26, 2026 | 3414 ELLEN DR | BA CAPITAL PROPERTIES LLC | $180K | Financed |
| Oct 14, 2026 | 1818 GEORGETOWN RD | SPEEDWAY MHP LLC | $3.2M | Financed |
| Sep 30, 2026 | 5726 SUBURBAN DR | PSG ASSET MANAGEMENT LLC | $150K | Cash |
| Sep 22, 2026 | 3618 N NORFOLK ST | SHE INVESTMENTS LLC | $237K | Financed |
| Sep 17, 2026 | 3045 LUPINE DR | FLIPPING INDY LLC | $198K | Financed |
| Sep 10, 2026 | 3285 MACARTHUR LN | NANDIREDDY LLC | $189K | Financed |
| Aug 24, 2026 | 3538 BEELER AVE | DALTINS LLC | $32K | Cash |
| Aug 10, 2026 | 6125 REGINA CIR | SHISLER DAVID JOSHUA | $168K | Financed |
| Aug 5, 2026 | 4809 W 36TH ST | SHISLER DAVID JOSHUA | $140K | Financed |
| Aug 4, 2026 | 3443 MACARTHUR LN | SHISLER DAVID JOSHUA | $152K | Financed |
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More of Indianapolis
See every zip, the latest investor purchases and flips across the city on the Indianapolis, IN fix-and-flip market report.
See every flip in 46224, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
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We built this tool. We also write the loans on flips just like the ones above.
About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.