Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 47150 | $235,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$235,000
$129/sqft
Bid $
$145,479
Max bid / MAO
Room
~$89,521 over max bid · 38% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$45,500
$25/sqft
ARV
$249,147

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $145,479 · Ask $235,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1820 sqft
ARV$249,147
List− $235,000
Rehab− $45,500
Gross profit$-31,353

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 47150

Street locked · 47150 · SINGLE_FAMILY $322,500 · 1784 sqft
Street locked · 47150 · SINGLE_FAMILY $329,900 · 1768 sqft
Street locked · 47150 · SINGLE_FAMILY $317,000 · 1744 sqft

Net pro forma

Includes closing costs & 2.89-month carry

Buy closing (2%)$4,700
Holding carry$6,226
All-in capital$291,426
Sell costs (6%)− $14,949
Net proceeds$234,198
Net profit $-63,971
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: —

Baseline notes

Investor scope checklist

  • ▸Kitchen cabinets/counters are primary value-add
  • ▸Flooring and paint drive resale perception
  • ▸Exterior curb appeal strongly impacts ARV
  • ▸Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $45,500
Renovation Budget (estimated) $45,500

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
3
Baths
2.0
Sqft
1820
Zip
47150

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

WALK Street locked · 47150

Street locked · 47150

New Albany, IN 47150

Ask$326,840
Bid $$214,544
Room~$112,296 over max bid · 34% of ask
WALK Street locked · 47150

Street locked · 47150

New Albany, IN 47150

Ask$179,900
Bid $$87,637
Room~$92,263 over max bid · 51% of ask
WALK Street locked · 47150

Street locked · 47150

New Albany, IN 47150

Ask$325,000
Bid $$214,253
Room~$110,747 over max bid · 34% of ask
WALK Street locked · 47150

Street locked · 47150

New Albany, IN 47150

Ask$329,940
Bid $$217,441
Room~$112,499 over max bid · 34% of ask
WALK Street locked · 47150

Street locked · 47150

New Albany, IN 47150

Ask$225,000
Bid $$121,528
Room~$103,472 over max bid · 46% of ask
← Bid/Pass Tape