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Indiana Distressed Real Estate Digest – Issue #1: Distress Deals Are Calling!

April 14, 20257 min read

Indiana Distressed Real Estate Digest


Your Pro for Turning Tough Sales into Fast Wins


Monday, March 17, 2025 | Issue #1  

Don't miss the 10 skip traced properties below

Hey, Indiana real estate hustlers!  

Rev your engines—welcome to the Indiana Distressed Real Estate Digest, your Monday blast of distressed property firepower, straight from the Hoosier State! We’re roaring out of the gate today, March 17, 2025, powered by our sponsor, RealEstatePawnShop.com. Every week, we’ll tear into Indiana’s real estate underdogs—pre-foreclosures, fixer-uppers, and cash-cow flips from Marion County to Fountain Square. Investors, homeowners, deal junkies—this is your pit stop. Let’s burn rubber!  

Why Indiana Homes Hit Rock Bottom

Distress isn’t just a price tag—it’s a fight. Here’s what’s knocking properties down:  

  • Money Meltdown: Layoffs at Indy’s factories or a medical bill avalanche in Carmel bury owners in debt—mortgages and taxes go unpaid.

  • Life’s Wildcards: Divorce chaos in Fishers, probate logjams in Zionsville—homes get trapped in the mess.

  • Wear & Tear: Roofs cave, pipes burst—neglect turns Speedway shacks into investor bait.


    With Indy’s lean 0.3% foreclosure rate (~900 homes) and a solid 1.8% price climb, distressed deals are scarce but screaming for sharp eyes.

Speedway Spotlight: Distress in the Fast Lane

Speedway’s a hotbed for distressed action—think pre-foreclosures near the Motor Speedway or beat-up bungalows off Crawfordsville Road. Why? Job cuts at spots like Allison Transmission leave owners scrambling, while small homes (800–1,200 sq ft) slip into disrepair fast. Prices hover low—$75K to $100K for cash deals—with ARVs hitting $150K–$180K after a $20K fix-up. Wholesalers and flippers, this is your track—lap it up! Want leads? Hit me at [email protected] or 317.341.2474—I’ll steer you to the action.

 

Hot Distress Deals: Pre-Foreclosure Gold

These owners need our help to escape stressful situations—let’s turn their distress into your win!  

#1: 3446 N Taft Ave, Indianapolis, IN 46222  

  • Specs: 3 bed, 2 bath, 957 sqft—single-family steal in Marion County.

  • Distress Flags: Owned by a bored investor who’s checked out—sitting on high equity but may be in pre-foreclosure with delinquent taxes piling up.

  • Numbers: Wholesale: $107,576 | Retail: $165,501 | Rental: $940–$1,150.

  • Play: Flippers, scoop this equity-loaded gem and bank $50K+ profit. Wholesalers, assign it fast—this investor’s done waiting!

  • Reach Out: Jose Menendez (317-579-9556, [email protected]) or Blanca Alas (317-730-3574)—not on the Do Not Call list, so ring ‘em up! Need to ditch this property? Contact me at 317-341-2474 or Email me at [email protected] if you need help with dispo!

#2: 1737 W 53rd St, Indianapolis, IN 46228  

  • Specs: 3 bed, 2 bath, 1,469 sqft—single-family score in Marion County.

  • Distress Flags: Absentee owner, free and clear, vacant, and delinquent on taxes—this one’s gathering dust and begging for a deal!

  • Numbers: Wholesale: $165,409 | Retail: $254,476 | Rental: $1,620–$1,980.

  • Play: Flippers, grab this debt-free diamond and flip for $80K+ profit. Landlords, cash in on premium rent—up to $1,980/month!

  • Reach Out: James Hall (317-924-2398, [email protected])—not on the Do Not Call list, so hit him up! Email me at [email protected] if you need help in dispo!

#3: 1315 W 34th St, Indianapolis, IN 46208  

  • Specs: 3 bed, 1 bath, 1,720 sqft—single-family gem in Marion County, on market now!

  • Distress Flags: Absentee cash buyer’s let it slide—free and clear but vacant with delinquent taxes stacking up fast.

  • Numbers: Wholesale: $89,461 | Retail: $137,633 | Rental: $1,470–$1,800.

  • Play: Flippers, nab this big boy for a $40K+ flip. Landlords, rake in up to $1,800/month—this one’s a cash machine!

  • Reach Out: Starlete Hopkins (317-654-3173, [email protected])—not on the Do Not Call list, so give her a shout! Email me at [email protected] if you need help with dispo!

#4: 3228 N Harding St, Indianapolis, IN 46208  

  • Specs: 1 bed, 1 bath, 603 sqft—single-family compact in Marion County.

  • Distress Flags: Owner’s on the ropes—small size hints at neglect, maybe vacant or tax-troubled.

  • Numbers: No figures yet, but this pint-sized fixer screams low-entry wholesale with quick-flip potential!

  • Play: Flippers, snatch this little rocket for a fast turnaround. Wholesalers, assign it in a flash—small but mighty!

  • Reach Out: Cierra Thompson (317-724-4209, [email protected])—not on the Do Not Call list, so buzz her! Email me at [email protected] for dispo

#5: 3711 Crescent Ave, Indianapolis, IN 46208  

  • Specs: 3 bed, 1.5 bath, 2,290 sqft—single-family beast in Marion County.

  • Distress Flags: Absentee cash buyer’s ghosted—free and clear, maybe vacant, with delinquent taxes piling high.

  • Numbers: No figures yet, but this big dog’s got major flip or rental juice—size alone spells profit!

  • Play: Flippers, wrestle this giant for a hefty payout. Landlords, turn it into a rent monster—space galore!

  • Reach Out: Jose Zuniga (219-448-2644, [email protected]), Claudia Montes ([email protected]), or Brandon Diego ([email protected])—not on the Do Not Call list, so hit Jose up! Email me at [email protected] for dispo!

#6: 3035 Winfield Ave, Indianapolis, IN 46222  

  • Specs: 3 bed, 1.5 bath, 2,620 sqft—single-family titan in Marion County.

  • Distress Flags: Maybe vacant with delinquent taxes stacking up—could be an institutional dump from Marian University!

  • Numbers: No figures yet, but this monster’s begging for a flip or rental overhaul—size means serious cash!

  • Play: Flippers, tame this beast for a fat profit. Landlords, milk it for big rent—space to spare!

  • Reach Out: Marian University (317-955-6000) or Beverley Goebel (317-923-9717, [email protected])—not on the Do Not Call list, so ring ‘em up! Email me at [email protected] to dispo.

#7: 1406 W 32nd St, Indianapolis, IN 46208  

  • Specs: 2 bed, 2 bath, 624 sqft—single-family compact in Marion County.

  • Distress Flags: Absentee owner’s AWOL—delinquent on taxes and possibly vacant, this one’s a distress diamond!

  • Numbers: No figures yet, but this tight package is primed for a quick wholesale flip or cozy rental!

  • Play: Flippers, snatch this small-fry for a fast buck. Wholesalers, assign it in a heartbeat—low cost, high speed!

  • Reach Out: Tiesha Daniels (317-542-7725, [email protected])—not on the Do Not Call list, so give her a holler! Email me at [email protected] need to dispo? Send me the info.

#8: 1253 W 33rd St, Indianapolis, IN 46208  

  • Specs: 2 bed, 1 bath, 888 sqft—single-family steal in Marion County.

  • Distress Flags: Absentee owner’s gone dark—delinquent taxes and probably vacant, this one’s a distress goldmine!

  • Numbers: No figures yet, but this compact contender’s built for a swift flip or steady rent!

  • Play: Flippers, scoop this sleeper for a quick profit. Wholesalers, flip it fast—distress is your fuel!

  • Reach Out: Carol Cooper (317-923-2967, [email protected])—not on the Do Not Call list, so give her a buzz! Email me at [email protected] to dispo.

#9: 1253 W 33rd St, Indianapolis, IN 46208  

  • Specs: 2 bed, 1 bath, 888 sqft—single-family gem in Marion County, expired listing 12/31/24!

  • Distress Flags: Listing’s gone cold—owner’s likely tapped out, ripe for a distress deal!

  • Numbers: No figures yet, but this stalled sale’s begging for a wholesale snatch or rental revival!

  • Play: Flippers, pounce on this expired prize for a fast flip. Wholesalers, scoop it cheap—time’s ticking!

  • Reach Out: Carol Cooper (317-923-2967, [email protected])—not on the Do Not Call list, so ring her up! Email me at [email protected] to dispo.

#10: 1054 W 35th St, Indianapolis, IN 46208  

  • Specs: 3 bed, 2 bath, 2,200 sqft—single-family powerhouse in Marion County.

  • Distress Flags: Owner’s in deep—could be vacant or tax-troubled, this big fish is floundering!

  • Numbers: No figures yet, but this hefty hauler’s loaded with flip potential or rental riches!

  • Play: Flippers, reel in this beast for a monster payday. Landlords, cash in on big rent—space to burn!

  • Reach Out: George Loper (317-999-2679, no email) or Quelia Britton ([email protected])—not on the Do Not Call list, so hit George up! Email me at [email protected] to dispo. 

Who’s Running Indiana’s Distressed Race?

Out of ~65,000 yearly sales, distressed properties are the dark horses:  

  • Wholesalers (100–200 in Indy): Street sharks snagging off-market steals—3,000–7,000 deals a year, fast and furious.

  • Agents (~15,000 statewide): MLS champs dropping “as-is” listings—like me, Jack (#RB25000155, Key Realty), serving up vetted gems.

  • Cash Crew (e.g., RealEstatePawnShop.com): Buying cheap, flipping quick—distress is their fuel.
    Our sponsor,
    RealEstatePawnShop.com, is your turbo boost—cash for your headache or deals for your hustle. Punch it at RealEstatePawnShop.com!

Distress SOS: Homeowner Playbook

House on the ropes? Counterpunch:  

  • Renegotiate: Indy banks like Fifth Third might flex if you’re quick on the draw.

  • Short Sale: Sell low—me or an agent can list it; cash buyers pounce.

  • Cash Out: RealEstatePawnShop.com or a wholesaler can yank you out in days—no fuss, no fight.
    Real talk: A Fishers couple, split by divorce, dumped their place to an iBuyer last month—10 days, stress torched.

Investor Hack: Tax Sale Leftovers

Marion County tax sales leave crumbs—properties unsold at auction, like a Haughville lot begging for a lowball. Owners are tapped out, ready to deal. Hit the county treasurer’s list or ping me—I’ll point you to the goldmine!  

Next Lap?

Monday, we’re flooring it into a Zionsville probate haul and sizing up wholesalers vs. agents in Indy’s distress brawl. Got a tip or a deal to sling? Email [email protected] or call or text 317.341.2474—let’s kick it into high gear!  

Your Pro for Turning Tough Sales into Fast Wins

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