1415 WEST 23RD ST, INDIANAPOLIS, IN

Summary

1415 WEST 23RD ST, INDIANAPOLIS, IN is a $140,600 loan offering structured as a first lien position on a refinance rehab project in INDIANAPOLIS, IN listed on Groundfloor.

The offering carries a stated rate of 10.5%, a term of 21 months, a loan-to-value of 66.3%, and a minimum investment of $10.

It is secured by Real estate at 1415 WEST 23RD ST, IN, and the borrowing entity is DMX ENTERPRISE LLC.

According to the offering circular, the loan is a first lien, on the property at WEST 23RD ST, INDIANAPOLIS IN 46202, with a 21-month term, a 10.5% rate to the borrower.

AltStreet tracks 63 other Groundfloor offerings in INDIANAPOLIS, IN, with disclosed rates ranging from 6.5% to 13%, and across 4,355 tracked Groundfloor offerings the median disclosed rate is 10.5%.

Terms shown here are drawn from SEC filing 0001104659-22-074484 and were captured by AltStreet on 2026-05-31. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.

Disclosed Terms

Offering amount: $140,600
Stated rate: 10.5%
Term: 21 months
Loan-to-value: 66.3%
Position: First Lien
Minimum investment: $10
Project type: Refinance Rehab
Collateral: Real Estate
Return type: Interest
Borrowing entity: DMX ENTERPRISE LLC
Status: Active
Target return: 10.5%
Collateral in place at close: Yes
Property address: WEST 23RD ST, INDIANAPOLIS IN 46202
Lien position: First Lien
Loan term: 21 months
Rate to borrower: 10.5%
Loan-to-ARV: 66.3%
Loan principal: $140,600
Maximum offering: $140,600
Offering circular: Form 1-A POS 0001104659-22-074484

Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.

Where It Sits in Groundfloor's Book

Disclosed rate

10.5%

Above 48% of peers, median 10.5%. Near the middle of the book.

Hold period

21 mo

Above 96% of peers, median 12 mo. High for the book.

Loan to value

66.3%

Above 43% of peers, median 67.9%. Near the middle of the book.

Compared against 4,323 other Groundfloor real estate offerings with a disclosed rate. 97 of them are in IN, where the median disclosed rate is 10%. A percentile places a disclosed term, not a result. Browse the full Groundfloor book.

Filing Record

1415 WEST 23RD ST, INDIANAPOLIS, IN is offered under Groundfloor's Regulation A (Form 1-A) program, a single SEC registrant that covers 1,266 tracked offerings. The program's filing history runs from 1-A on Mar 24, 2023 to 1-K on Apr 1, 2026. Those filings describe the program, not this loan; the terms above are this offering's own.

13 audited annual statements are on file for this issuer.

From SEC EDGAR, as filed. Issuer filing history.

Terminal Analysis

Investor

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Questions About This Offering

What is 1415 WEST 23RD ST, INDIANAPOLIS, IN?

1415 WEST 23RD ST, INDIANAPOLIS, IN is a $140,600 loan offering structured as a first lien position on a refinance rehab project in INDIANAPOLIS, IN listed on Groundfloor. The offering carries a stated rate of 10.5%, a term of 21 months, a loan-to-value of 66.3%, and a minimum investment of $10. It is secured by Real estate at 1415 WEST 23RD ST, IN, and the borrowing entity is DMX ENTERPRISE LLC.

What interest rate does 1415 WEST 23RD ST, INDIANAPOLIS, IN pay?

The offering carries a stated rate of 10.5% over a term of 21 months, as disclosed at the time of the offering on Groundfloor. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.

What is the loan-to-value on 1415 WEST 23RD ST, INDIANAPOLIS, IN?

The disclosed loan-to-value is 66.3% on the property in INDIANAPOLIS, IN. For fix-and-flip and construction lending, this ratio is typically measured against after-repair value rather than the current as-is value, so it reflects a projected valuation rather than a realized one.

Who is the issuer of 1415 WEST 23RD ST, INDIANAPOLIS, IN?

The securities are issued by GRE1.

What property backs 1415 WEST 23RD ST, INDIANAPOLIS, IN?

The offering circular identifies the property as WEST 23RD ST, INDIANAPOLIS IN 46202. The loan is a first lien. Loan-to-after-repair-value is disclosed as 66.3%.

What is the minimum investment for 1415 WEST 23RD ST, INDIANAPOLIS, IN?

The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.

Is 1415 WEST 23RD ST, INDIANAPOLIS, IN still open to investors?

AltStreet's record shows the offering as active. AltStreet tracks this offering from SEC filings, last captured 2026-05-31. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Groundfloor before acting.