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4974 E Us Highway 40
4974 E Us Highway 40 photo4974 E Us Highway 40 photo4974 E Us Highway 40 photo4974 E Us Highway 40 photo4974 E Us Highway 40 photo4974 E Us Highway 40 photo4974 E Us Highway 40 photo4974 E Us Highway 40 photo
$88,200
71% of area home value

4974 E Us Highway 40

Straughn, IN
HUD Homes (REO)Structure
Location & enrichment
Property type
Structure
Flood zone
X
Lot size
Nearest metro
46.2 mi
Nearest airport
62.2 mi
Assessed value (county)
Area median home value
$124,400
Area pop. trend (5yr)
-1.8%
Area median rent
$816/mo
Owner-occupied
79%
Rental vacancy
15%

Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked July 22, 2026.

How to buy from the HUD Homes (REO)

The HUD Homes (REO) is a public agency that resells government-owned property. Start from the source listing, confirm the parcel is still available, and follow the land bank's published application or offer process.

Quick deal check
All-in $128,200 = 103% of ARV
Over budget for a flip

ARV starts from the area's median home value (Census) — replace it with real comps before acting. The 70% rule: flippers target purchase + rehab ≤ 70% of ARV. Not financial advice.

Buildability report

Buildability: no flags found · 4 of 5 checks run

See which checks flagged — flood, wetlands, slope, road access, and environmental proximity, with sources and dates. Unlock the full report with Pro

What's it worth?

1 value signal available

See nearby land-bank sales, $/acre market bands, and rent yield for this parcel. Unlock the full value report with Pro

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