Market snapshot
This report covers ZIP 46239, 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 46239
In the last 12 months, 12 properties in ZIP 46239 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 $40K in gross margin before rehab, carrying, and closing costs, with a median hold time of 135 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | JEM REHAB 1 LLC | 1 |
| 2 | LAY CHARLES J | 1 |
| 3 | SIMPLE QUARTERS LLC | 1 |
| 4 | 7631 BANN WAY LLC | 1 |
| 5 | CARPHOMES LLC | 1 |
Recent example
3223 BLACK FOREST LN, INDIANAPOLIS, IN, 46239 · JEM REHAB 1 LLC
Bought $243,505, sold $305,235 (+$62K), held 104 days.
Recent investor purchases in ZIP 46239
18 investor purchases in ZIP 46239 in the last 6 months, at a median price of $239K. 39% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 1, 2026 | 10710 STILLCREEK DR | ORAKITA INVESTMENT GROUP LLC | $203K | Cash |
| Aug 31, 2026 | 3416 HAPSBURG WAY | FH SFR OWNER 20 LLC | $156.3M | Financed |
| Aug 21, 2026 | 10907 HARNESS WAY | ASPIRE FORWARD HOMES LLC | $245K | Financed |
| Aug 14, 2026 | 8113 RAMBLING RD | SUMMIT INDUSTRIES LLC | $236K | Financed |
| Aug 11, 2026 | 3414 CORALBERRY CT | FEROS RESTORATION LLC | $200K | Financed |
| Jul 22, 2026 | 2904 STRAUSS LN | PLANET HOME LENDING LLC | $224K | Cash |
| Jul 17, 2026 | 9607 PIPER LAKE DR | W & IC PROPERTIES LLC | $314K | Financed |
| Jul 13, 2026 | 8640 MCGAUGHEY RD | ELEMENTS FINANCIAL FEDERAL CREDIT UNION | $136K | Cash |
| Jul 9, 2026 | 3214 DANUBE WAY | IL PROPERTY OWNER I LLC | $223K | Cash |
| Jul 7, 2026 | 7853 DANUBE ST | IL PROPERTY OWNER I LLC | $205K | Cash |
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More of Indianapolis
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See every flip in 46239, 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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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.