Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 46229 · Indianapolis, IN

27 completed flips in the last 12 months, $44K median gross margin, 134-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
27
Median Gross Margin
$44K
Median Hold
134 days
Median Home Value
$228K

Market snapshot

Population
28,629
Median Household Income
$63,857
Median Home Value
$228,452
Median Rent
$1,635

This report covers ZIP 46229, 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 46229

In the last 12 months, 27 properties in ZIP 46229 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 $44K in gross margin before rehab, carrying, and closing costs, with a median hold time of 134 days.

Top flippers in the zip

RankFlipper / LLCFlips
1SIMPLE QUARTERS LLC4
2LAKEVIEW LOAN SERVICING LLC1
3PQT RENOVATION LLC1
4GRAND RENOVATIONS LLC1
5GREENBERG LEGACY HOLDINGS LLC1

Recent example

9330 E 12TH ST, INDIANAPOLIS, IN, 46229 · PQT RENOVATION LLC
Bought $102,150, sold $244,072 (+$142K), held 227 days.

Recent investor purchases in ZIP 46229

19 investor purchases in ZIP 46229 in the last 6 months, at a median price of $198K. 32% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 26, 202610215 PENRITH DRSIMPLE QUARTERS LLC$67KFinanced
Oct 9, 20262060 TITLEIST LNSENIORLIFE SOLUTIONS INC$221KFinanced
Oct 1, 20261822 BROOK CROSSING WAYRCF 2 ACQUISITION TRUST$245KCash
Oct 1, 202611720 E 10TH STSIMPLE QUARTERS LLC$186KFinanced
Sep 29, 2026401 HUGO STRAD INVESTMENT GROUP LLP$188KFinanced
Sep 28, 2026101 MONROE STSIMPLE QUARTERS LLC$73KFinanced
Sep 14, 20262436 GALAXY LNMAGNOLIA HOMES AND PROPERTY MANAGEMENT LLC$165KFinanced
Sep 1, 202610101 CAMP CREEK WAYMAXIMUS GROUP LLC$228KCash
Aug 31, 20262360 CADE CTFH SFR OWNER 20 LLC$156.3MFinanced
Aug 27, 202610423 CHRIS DRGRAND SLAM GETAWAYS LLC$162KFinanced

See all 19 investor purchases in 46229

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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 46229, 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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Nearby markets in IN

Same-state markets near ZIP 46229. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

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.