34 North

Euclid Ave
Indianapolis, Indiana
46201

Turn key project for sale at an unbelievable discounted price. Completely

renovated single family home. Ready to move in or to be rented. Updated
kitchen with new cabinets and sink. Extra large living room new carpet installed
throughout this beautiful home. Nice backyard and nice neutral paint job to go
along with your décor.

.
 34 North Euclid Ave

SINGLE FAMILY HOME LOCATED IN THE GREAT NEAR

EASTSIDE COMMUNITY OF INDIANAPOLIS, INDIANA.
 34 North Euclid Ave

The Bottom Line-Investors Numbers

All Cash Purchase of $35,000

Built in Equity over $25,000
Monthly Rental Income = +$495.00
Monthly Insurance payment = -47.00
Property Management fees 10% of the monthly rents = -49.50
Monthly payment for taxes = -73.00
Net Monthly Cash Flow = +$325.00

Yearly Financial Projection on an all cash purchase of $35,000

Income Rents ($495 per month x 12) = +$5,940.00
Yearly Taxes for 2007 = -876.00
Yearly Insurance Premium = -564.00
Property Management fees 10% of rents = -594.00
Net Annual Income = +$3,906.00
 34 North Euclid Ave

PROPERTY DETAILS

Discounted Sale Price: $35,000

No repairs needed- Rent or move in condition ready

Conservative Estimated Value - $57,500

2 Bedrooms, 1 Bathroom and 1 Car Garage

Rents for $495/Month

Master Bedroom: 12 x10

Second Bedroom: 10 x 10

Dining Area: 12 x 14

Living Room : 16 x 12

Kitchen: 10 x 8

Semi-taxes-$ 436

Total Square footage- 1,766

Main- 1,181

Finished Basement- 585

Lot Size- 40 x 136

Arch Style-Bungalow

Foundation-Basement-Block

County: Marion

Year Built-1924
34 North Euclid Ave

Interior Pictures
 34 North Euclid Ave

Recent
ecent Comparables and Locations
Subject
ect property is highlighted in red. Comparable properties are highlighted in green.

Property location
lo is on the
South West corner of N.
Euclid Ave and E. Washington
St.
34 N.
Euclid Ave -
-FOR SALE-

4658
Farrington
Ave-Sold
$58,000

42 N. Grant
Ave –Sold
$62,500

129 S.
Gladstone
Ave- Sold
$52,000

Residential Single Home Residential Single Home Residential Single Home Residential Single Home

For Sale $35,000 Sold-$62,500

$62,500 Sold-$52,000 Sold-$58,000
Sold

Listed-$62,500
$62,500 Listed-$57,500 Listed-$66,900
Listed
ML#:

ML#:2855381
2855381 ML#: 2823268 ML#:2749361
34 N. Euclid Ave Indianapolis,
IN 46201
42 N. Grant Ave Indianapolis, 129 S. Gladstone Ave 4658 Farrington Ave
IN 46201 Indianapolis, IN 46201 Indianapolis, IN 46201
Year Built- 1924

Year Built
Built-1910 Year Built-1920 Year Built-1948
Built
Township- Center NE

Township
Township-Center SE Township- Center SE Township-Center
Township SE
Arch Style- Bungalow

Arch Style
Style- Bungalow Arch Style- Bungalow Arch Style-
Style Bungalow
Foundation-Basement-Block

Foundation
Foundation- Basement-Block Foundation- Basement-Block Foundation-
Foundation Basement-Block
Basement- 585 Sq. Ft.

Basement
Basement- 540 Sq. Ft. Basement- 570 Sq .Ft. Basement-
Basement 720 Sq. Ft
Garage- 1 Car Garage

Garage- 2 Car Garage Garage- 1 Car Garage Garage-

Garage 2 Car Garage
Lot Size- 40 x 136

Total Sq. Ft.

Ft.-2,020 Lot Size- 42 X 151 Lot Size-
Size 40 x 204
Semi Tax- $436
 34 North Euclid Ave

What is happening in the Near Eastside Community

Just outside the heart of downtown Indianapolis, twenty different neighborhoods
form a community possessing the spirit and know-how to make the Near Eastside
a great place to live, work, and play. Connected by shared challenges and goals,
these neighborhoods began to work collectively through the Near East Side
Community Organization (NESCO), a volunteer-driven association of active
residents, businesses, and property owners. In summer 2006, the Near Eastside
was selected by (LISC) as one of six-Indianapolis neighborhoods to participate in
the demonstration initiative for Great Indy Neighborhoods Initiative (GINI).

The spirit of the Near Eastside community exists because of its strong sense of
history combined with a dedication to community development. While there is a
good amount of civic engagement in our community, we recognize the need to
continue to diversify the neighborhood leadership to reflect the ethnic and
economic face of our community. The engagement of all community leaders and
the incubation of new leadership are a priority.

In June 2005, through a NESCO initiative, the Near Eastside Collaborative

Taskforce was formed to address critical quality of life issues on the Near
Eastside. The taskforce was the driving force behind the Great Indy
Neighborhoods Initiative Letter of Intent. With the leadership of NESCO, the
taskforce will facilitate the implementation of community building and quality of
life planning activities as the steering body for both the Great Indy
Neighborhoods Initiatives and the City of Indianapolis Redevelopment Area and
Ho TIF.

Near Eastside neighbors will collaborate on issues affecting the neighborhood

such as housing, employment, safety and beautification. Great Indy
Neighborhoods will provide support through staffing, planning and seed funding
while neighbors provide the energy and ideas needed to re-envision our
neighborhoods.

• Subject property is located in the South West corner of North Euclid Ave and Washington
Street.
• For more information of the near eastside community, please visit:

http://www.indyeast.org/
 34 North Euclid Ave

Key Anchors/Amenities

Places of Worship-Tuxedo Park Baptist Church,Grace United Methodist Church,

Sheperd Community Inc. Church.

Schools- Ralph Waldo Emerson School,Minnie Hartmann School, Thomas Carr

Howe Academy,Christina Park School,Our Lady of Lourdes School, Downey
Avenue Christian School.

Hospitals- Butler University:Clowes Memorial Hall, Community Hospitals of

Indiana Inc.,Englewoods Veterinarians.

Parks- Ellenberger Park, Sherman Park, Brookside Park,Browns Corner Park.

Golf- Whispering Pine Golf Course,Meridian Hills Country Club.

Shopping Malls- AJ Wright.

Pharmacy- CVS/Pharmacy, Walgreens, Kroger Pharmacy.

Movies DVD/RENTAL-Blockbuster Video.

Major Retail- Dollar General, Home Place Plus, Best Buy.

Grocery Store- Kroger, Safeway, Village Pantry, Super 7 Food Stores.

Gas Station- Speedway, Clark Gas Station,Marathon Gas, Gas America, .

Banks- National City, Chase, Charter One.

Dining- Dairy Queen, Hardee’s, Subway, McDonalds, Starbucks, Ambrosia

Restaurant Mo’s a Place for Steaks.

Bars/Clubs- Sportz Bar, J-Clyde’s Pub, Applebee’s Bar and Grill.

Museums- Children’s Museum, Indianapolis Museum of Art.

 34 North Euclid Ave

Aerial View of Ammenities

**Anchors/Amenities are located within a two mile radius of the subject property. They are also
factors used in determining the future value of the property.
34 North Euclid Ave