506 & 508 S HOLMES AVE, INDIANAPOLIS, IN

Summary

506 & 508 S HOLMES AVE, INDIANAPOLIS, IN is a $118,660 loan offering structured as a first lien position on a purchase & renovation project in INDIANAPOLIS, IN listed on Groundfloor.

The offering carries a stated rate of 13%, a term of 15 months, a loan-to-value of 69.8%, and a minimum investment of $10.

It is secured by Real estate at 506 & 508 S HOLMES AVE, IN, and the borrowing entity is PINEAPPLE VENTURESAND.

According to the offering circular, the loan is a first lien, on the property at 506 & 508 S HOLMES AVE, with a 15-month term, a 13% 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 0001104659-22-096473 and were captured by AltStreet on 2026-06-01. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.

Disclosed Terms

Offering amount: $118,660
Stated rate: 13%
Term: 15 months
Loan-to-value: 69.8%
Position: First Lien
Minimum investment: $10
Project type: Purchase & Renovation
Collateral: Real Estate
Return type: Interest
Borrowing entity: PINEAPPLE VENTURESAND
Status: Active
Target return: 13%
Collateral in place at close: Yes
Property address: 506 & 508 S HOLMES AVE
Lien position: First Lien
Loan term: 15 months
Rate to borrower: 13%
Loan-to-ARV: 69.8%
Loan principal: $118,660
Maximum offering: $118,660
Offering circular: Form 1-A POS 0001104659-22-096473

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

13%

Above 86% of peers, median 10.5%. High for the book.

Hold period

15 mo

Above 65% of peers, median 12 mo. Near the middle of the book.

Loan to value

69.8%

Above 65% 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

506 & 508 S HOLMES AVE, INDIANAPOLIS, IN is offered under Groundfloor's Regulation A (Form 1-A) program, a single SEC registrant that covers 3,079 tracked offerings. The program's filing history runs from 1-A on Oct 4, 2022 to 1-K on Apr 1, 2026. Those filings describe the program, not this loan; the terms above are this offering's own.

7 supplements with pricing figures and 19 audited annual statements are on file for this issuer.

From SEC EDGAR, as filed. Issuer filing history.

Terminal Analysis

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Questions About This Offering

What is 506 & 508 S HOLMES AVE, INDIANAPOLIS, IN?

506 & 508 S HOLMES AVE, INDIANAPOLIS, IN is a $118,660 loan offering structured as a first lien position on a purchase & renovation project in INDIANAPOLIS, IN listed on Groundfloor. The offering carries a stated rate of 13%, a term of 15 months, a loan-to-value of 69.8%, and a minimum investment of $10. It is secured by Real estate at 506 & 508 S HOLMES AVE, IN, and the borrowing entity is PINEAPPLE VENTURESAND.

What interest rate does 506 & 508 S HOLMES AVE, INDIANAPOLIS, IN pay?

The offering carries a stated rate of 13% over a term of 15 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 506 & 508 S HOLMES AVE, INDIANAPOLIS, IN?

The disclosed loan-to-value is 69.8% 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 506 & 508 S HOLMES AVE, INDIANAPOLIS, IN?

The securities are issued by GF Finance.

What property backs 506 & 508 S HOLMES AVE, INDIANAPOLIS, IN?

The offering circular identifies the property as 506 & 508 S HOLMES AVE. The loan is a first lien. Loan-to-after-repair-value is disclosed as 69.8%.

What is the minimum investment for 506 & 508 S HOLMES AVE, INDIANAPOLIS, IN?

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

Is 506 & 508 S HOLMES AVE, INDIANAPOLIS, IN still open to investors?

AltStreet's record shows the offering as active. AltStreet tracks this offering from SEC filings, last captured 2026-06-01. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Groundfloor before acting.