
Indio, California 92201
This property presents a High-Potential Investment Opportunity with a List Price of $335,000—positioned well above the $207,433 Fair Market Value by -61%. Given the Condition Rating of 5 and the 42-year age, the property requires significant capital expenditure for modernization. While the Indian Palms gated community offers scenic Mountain and Greenbelt Views and dual outdoor living spaces, the high $485 monthly HOA fee and auction-based buyer's premium necessitate a disciplined financial approach. This asset is best suited for Buy-and-Hold Investors or Experienced Renovators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82153 Bergman Drive Subject | $335,000* List Price | 2 | 2 | 1,140 | $182 | - |
A 49211 Douglas Street Sold | $312,000 | 2 | 2 | 1,218 | $256 | 0.3 mi |
B 49210 Douglas Street Street Sold | $290,000 | 2 | 2 | 1,218 | $238 | 0.3 mi |
C 48845 Taylor Street Sold | $280,000 | 2 | 2 | 1,218 | $230 | 0.2 mi |
D 47395 Monroe Street 258 Sold | $304,000 | 2 | 2 | 1,257 | $242 | 1.0 mi |
E 47395 Monroe Street 259 Sold | $245,000 | 2 | 2 | 942 | $260 | 1.0 mi |
F 48255 Monroe Street 43 Sold | $242,000 | 1 | 2 | 857 | $282 | 0.4 mi |
G 49101 Taylor Street Active | $319,000 List Price | 2 | 2 | 1,208 | $264 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984, this property is 42 years old with no mention of recent renovations, placing it in the >30y category. The auction status and age suggest that the kitchen, baths, and major systems (HVAC/Electric) likely require significant rehab or are at the end of their functional lifespan.
Located in the desirable Indian Palms gated community, offering residents enhanced security and access to premium golf course amenities.
The property features a rear patio with picturesque views of the greenbelt, community pool, and mountains, significantly enhancing its aesthetic appeal.
With both a private front courtyard and a rear patio, the condo provides ample outdoor space for relaxation and entertaining in the desert climate.
The sale is subject to a 5% buyer's premium and an online auction process, which increases the total acquisition cost and adds procedural complexity for buyers.
The monthly association fee of $485 represents a significant recurring expense that may impact the overall affordability and investment yield of the property.
Gated Golf Community Indian Palms. This 2 bedroom 2 bathroom condo features a front courtyard and rear patio that looks out to the greenbelt, pool and mountain views. Property in an online auction. All offersmust be submitted through the property'sListing on www.auction.com. The sale willbe subject to a 5% buyer's premiumpursuant to the Auction Terms and Conditions.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,140 | 930 |
| Lot Size | 2,025 | 1,742.5 |
| Price | $335.0K | $311.6K |
| Price per sq ft | $294 | $264 |
| Built year | 1984 | 1980 |
| HOA | $485.0 | $402 |
| Days on market | 61 | 83 |
May 22, 2026
$335,000
Initial Listing
Jan 18, 2022
$302,500
Public Record