Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 47240 · Greensburg, IN

9 completed flips in the last 12 months, $57K median gross margin, 293-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
9
Median Gross Margin
$57K
Median Hold
293 days
Median Home Value
$263K

Market snapshot

Population
21,755
Median Household Income
$71,682
Median Home Value
$262,890
Median Rent
$1,275

This report covers ZIP 47240, Greensburg, 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 47240

In the last 12 months, 9 properties in ZIP 47240 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 $57K in gross margin before rehab, carrying, and closing costs, with a median hold time of 293 days.

Top flippers in the zip

RankFlipper / LLCFlips
1BLAICH EVAN D1
2LINKMEYER CONNER M1
3FEDERAL HOME LOAN MORTGAGE CORPORATION1
4GD PARTNERSHIP LLC1
5IRON WOLF LLC1

Recent example

508 S RUSSELL DR, GREENSBURG, IN, 47240 · BLAICH EVAN D
Bought $268,751, sold $297,511 (+$29K), held 442 days.

Recent investor purchases in ZIP 47240

6 investor purchases in ZIP 47240 in the last 6 months, at a median price of $144K. 33% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 19, 2026713 W SHERIDAN STAD RENTALS LLC$138KFinanced
Oct 16, 2026714 E NORTH STBL ELLETT ENTERPRISES LLC$185KFinanced
Oct 9, 2026935 E WASHINGTON STM B B INVESTMENTS LLC$120KFinanced
Aug 12, 2026727 N MICHIGAN AVEBEDEL MATTHEW$99KCash
Jul 2, 2026319 E NORTH STARROW FOREST LLC$933KCash
May 26, 2026305 W SHORTRIDGE DRMLD RENTALS LLC$144KFinanced

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Nearby markets in IN

Same-state markets near ZIP 47240. 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.