Market snapshot
This report covers ZIP 46240, 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.
Flip activity in ZIP 46240
No qualifying fix-and-flip transactions were identified for ZIP 46240 in the last 12 months using our behavioral filter (28 to 540 day hold, purchase of $25K or more, no new construction or rebuilds). That can happen in small zips, very slow markets, or areas dominated by owner-occupied long-term holds. Consider neighboring zips below.
Recent investor purchases in ZIP 46240
9 investor purchases in ZIP 46240 in the last 6 months, at a median price of $209K. 0% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 21, 2026 | 8632 EL RICO DR | HOM-TEL GROUP LLC | $402K | Financed |
| Oct 8, 2026 | 7775 RIDGE RD | 7775 RIDGE LLC | $6.7M | Financed |
| Sep 25, 2026 | 9350 KERWOOD DR | RECTIFY PROPERTIES LLC | $551K | Financed |
| Sep 4, 2026 | 7872 CLEARWATER PKWY | CARPHOMES LLC | $558K | Financed |
| Aug 26, 2026 | 7357 EVANSTON AVE | HKG CAPITAL LLC | $150K | Financed |
| Aug 5, 2026 | 1824 E 75TH PL | M & R PROPERTYS LLC | $209K | Financed |
| Jul 16, 2026 | 7202 RALSTON AVE | INDY RENTAL LLC | $175K | Financed |
| Jul 10, 2026 | 2601 BEACH AVE | INDY RENTALS LLC | $160K | Financed |
| Jul 9, 2026 | 1613 E 72ND ST | INDY RENTAL LLC | $188K | 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 46240, 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.