🏚️ Short Sales in Indianapolis: What This 2025 Listing Tells Us About the Market Shift
By Heather Fitzgerald | Realty World | Short Sale Certified Savvy Realtor
If you’re thinking, “Short sales are rare these days, right?” — here’s proof they’re not just real... they’re slowly becoming relevant in Indianapolis and surrounding areas again.
I’m bringing you a real-world example of a short sale listing right now in the heart of Indy, and what it means for sellers who are struggling — or buyers looking to snag opportunity.
🔎 Real Listing: Short Sale in Washington Township – Indianapolis
📍 View the Property on MIBOR
3 beds | 1 bath | 1,786 sq ft | Built 1954
💰 List Price: $174,900 (Short Sale)
🚨 Why This Listing Matters
The home is priced ~20–25% below market value based on comparable homes nearby
It’s a pre-foreclosure short sale — the lender hasn’t taken the home back (yet)
The seller is still living in the home and motivated to close quickly
Located near Broad Ripple, where renovated homes are commanding $240K+
🧠 What This Means for Sellers:
If you’re behind on payments or facing hardship, this is your sign:
You do not have to wait for foreclosure
You can sell your home with dignity and move forward
Short sales are not failure — they’re smart, strategic exits
🔐 I work directly with the banks, negotiate debt forgiveness, and help you preserve your credit as much as possible.
💼 What This Means for Investors:
This is the kind of deal buyers ask me for every week — but rarely find.
Below market, with value-add opportunity (cosmetic updates needed)
Built-in equity for flippers or landlords
Less competition than auctions or sheriff’s sales
You can buy it with financing, unlike most foreclosure deals
📉 2025 Distressed Property Stats – Indianapolis
🔻 Short sale listings up 63% from 2023
🏦 Top distressed ZIPs: 46226, 46218, 46205
🧾 Avg time to close a short sale: 45–90 days
💬 Most common hardship reason: inflation-related affordability squeeze
(Sources: MIBOR, CoreLogic, NAR Q1 2025 Distress Report)
🗣️ Heather’s Take: There’s Still Time to Act
If this Washington Township seller had waited longer, this listing would’ve hit foreclosure.
Instead, they made the smart move to short sell — and protect what they could.
Whether you’re in the same boat or looking to buy a property like this:
📞 Reach out. Let’s talk strategy.
I have closed many short sales in Indianapolis, Greenwood and surrounding areas. Do not hesitate to reach out-text, email whatever you need.
No pressure. Just real options.
Need to rent after you have sold your short sale? Here are some of our company rentals: https://www.harbertcompany.com/rentals/all-rw-rentals/
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