Privy Gains Access to New Direct-to-MLS Feed: Indiana Regional MLS (IRMLS)

Privy has expanded its reach by securing direct MLS access to Indiana Regional MLS (IRMLS), another major data source for real estate investors and agents. This integration provides real-time access to accurate property listings across key Indiana markets, making it easier to identify undervalued properties, track market trends, and make data-driven investment decisions.

With coverage spanning multiple regions—including Bloomington, Lafayette, South Bend, Fort Wayne, and Muncie—this new MLS integration ensures that Privy users can stay ahead of the competition and find high-potential deals before they hit mainstream listing platforms.

What is Indiana Regional MLS (IRMLS)?

The Indiana Regional MLS (IRMLS) is a comprehensive Multiple Listing Service that covers most of Indiana’s real estate market, providing up-to-date property information to agents, investors, and homebuyers. By consolidating data from various local MLSs, IRMLS streamlines property searches and delivers valuable market insights.

Areas Covered by IRMLS

IRMLS includes a broad range of regions across Indiana, making it one of the largest MLS networks in the state. Here are the key regions it covers:

• Mid-Eastern Indiana Association of Realtors (MEIAR): Muncie, New Castle, Yorktown, Anderson, Portland
• Bloomington Board of Realtors (BOR): Bloomington, Ellettsville, Spencer, Indianapolis
• Lafayette Area Association of Realtors (AOR): Lafayette, West Lafayette, Delphi
• South Bend-Mishawaka Board of Realtors: South Bend, Mishawaka, North Liberty
• Upstate Alliance of Realtors (Upstar): Fort Wayne, Huntington, Bluffton, Decatur
• Kosciusko Board of Realtors (BOR): Warsaw, Winona Lake, Syracuse/Wawasee

With this extensive coverage, IRMLS provides investors and agents with access to a diverse range of properties across Indiana’s fast-growing real estate markets.

Why Indiana is a Hot Market for Real Estate Investors

Indiana has become a prime location for real estate investment, offering a combination of affordability, economic growth, and increasing home values. Cities like Bloomington and Lafayette are seeing rising demand, making them attractive for investors looking for fix-and-flip opportunities, rental properties, or long-term appreciation.

Bloomington Market Trends

• Median home value: $301,989 (+4.3% YoY).
• Neighborhood variations: Elm Heights ($697,000), Broadview ($250,000).
• Rental market: The average rent in Bloomington is $1,469 (as of January 2025).

Bloomington’s market is growing steadily, fueled by strong rental demand and home price appreciation, making it ideal for both buy-and-hold investors and fix-and-flip strategies.

Lafayette Market Trends

• Median listing price: $309,000.
• Median sold price: $250,000.
• Home price trends: Prices increased 3.9% year-over-year.
• Why investors love Lafayette: Affordability, strong economy, proximity to Purdue University.

Lafayette remains one of Indiana’s most competitive housing markets, with a balance of affordability and strong economic drivers making it an excellent location for investors.

Privy’s Direct MLS Access: What It Means for Investors

By integrating with Indiana Regional MLS, Privy users now have access to more real-time property data throughout the state of Indiana, which is crucial for finding the best deals before they hit the Midwestern market. Unlike third-party listing sites that often have delays and outdated information, direct MLS access provides:

• Instant notifications on new listings and price changes.
• Accurate sales comps for better investment analysis.
• A more holistic market view, when you include Privy’s existing access to off-market and pre-market properties.
• Better insights into local trends and pricing dynamics.

This access allows investors to identify high-potential properties faster and make smarter decisions based on accurate data.

How Privy Users Benefit from IRMLS Access

With Privy’s integration of IRMLS, investors and agents can take advantage of:

1. Faster Property Discovery and Deal Alerts

• Find discounted properties before competitors.
• Set up alerts for specific price ranges, property types, and locations.
• Act quickly on motivated sellers and foreclosure deals.

2. More Accurate Comparable Market Analysis (CMA)

• Use real-time sales comps to determine true market value.
• Analyze historical price trends for informed decision-making.
• Ensure better pricing strategies for fix-and-flip or rental investments.

3. Access to Pre-Market and Off-Market Deals

• Find deals before they hit the real estate market.
• Identify properties with high appreciation potential.
• Spot distressed properties for profitable renovations.

Privy’s MLS integration empowers users with cutting-edge tools that make investing smarter, faster, and more profitable.

Key Investment Opportunities in Indiana

Best Markets for Fix-and-Flip Strategies

• Bloomington: High appreciation rates and strong rental demand.
• Lafayette: Competitive but affordable market with steady price increases.
• South Bend: Lower home prices with potential for high ROI.

Best Buy-and-Hold Rental Markets

• Bloomington: Strong rental market near Indiana University.
• Fort Wayne: Affordable home prices with steady population growth.
• Warsaw: A growing economy and high rental demand.

Investors who focus on these markets can capitalize on steady appreciation and high rental occupancy rates.

How Privy Users Succeed with MLS Data

A Privy investor recently leveraged MLS access to secure a below-market deal in a growing Midwest market. Using Privy’s data-driven approach, they:

• Identified a distressed property before it hit the public market.
• Analyzed real-time comps to estimate after-repair value (ARV).
• Purchased and renovated the property, generating a 25% ROI within 6 months.

With IRMLS access, Privy users can replicate this success in Indiana’s top investment markets.

Getting Started with Privy’s NKMLS Access

Ready to take advantage of real-time MLS data in Northern Kentucky? Here’s how you can start using Privy’s new direct-to-MLS integration:

Step 1: Sign Up for Privy

• If you’re new to Privy, create an account and choose your subscription plan with access to data in Indiana.

Step 2: Set Up Property Alerts

• Customize filters to receive instant notifications on by price, location, and investment strategy.

Step 3: Analyze Deals in Real-Time

• Use Privy’s CMA tools to compare recent sales and rental rates.

Step 4: Take Action Quickly

• Contact sellers and agents directly to secure the best deals first.

With Privy, you gain an edge in Indiana’s real estate market by accessing the most up-to-date listings and market insights.