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Owner finance

$525,000

5200 W Southport Rd

Indianapolis, IN 46221

Beds3
Baths1
Sq ft1,482
Year built1988
Listed by

Scott Wynkoop, Wynkoop Brokerage Firm, LLC · (317) 590-5032

What the listing says

Here's a fabulous opportunity to purchase a combination of 4.88 7.98 acres for a total of almost 13 acres in Decatur Township! It's rumored that Southport Rd will be relocated, making the back yard frontage on Southport Road and prime for development or keep it this as a private estate or farm. There are 4 outbuildings, barn, shop and garage. The Huge barn could be restored or remove all of the structures. The home is a 2 bed, 2 bath in poor condition. It would need full rehab or removed. Do NOT enter the outbuildings as they could be dangerous. Private well and septic on site. Possible seller financing

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Single Family

HOA

None

More owner-financed homes near Indianapolis

Questions about owner financing in Indianapolis

What is owner financing for 5200 W Southport Rd?

Owner financing means the seller of 5200 W Southport Rd acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Indianapolis, IN home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Indianapolis home?

There is no standard down payment. The seller of this Indianapolis home sets their own, and it is negotiable. Ask the seller or their agent.

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