$110,000

1521 E Legrande Avenue, Indianapolis, IN 46203

2 beds |
1 bath |
768 sqft

Single-Family Home
Built in 1926
6,970sqft lot
—— car garage
$143/sqft
Listed 5 months ago

Property Description

Don't miss this 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an investor looking to add to their portfolio. Currently occupied by a tenant on a month-to-month lease, the property generates $1,200/month in rental income, and estimated market rent is $1,320. The home has been updated with a newer roof, fresh paint, modern light fixtures, contemporary appliances, and a renovated kitchen and bathroom, making it an appealing option for tenants and minimizing upkeep for owners. Positioned on the near southeast side, this home offers convenient access to a variety of amenities, including schools, parks, and shopping centers. It's strategically located near major thoroughfares such as S Keystone St, Raymond St, and Madison Ave, along with highways I-70 and I-65, facilitating easy commutes to significant employment centers like 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis.

Listing Status:: Active
Listing Office:: Compass Indiana, LLC : 317-701-4289
Listing Agent:: Andy Tresize : 317-701-4289
MLS ID:: 22036842

General: Hardwood FloorsWood Work Painted
Appliances: Electric OvenRefrigerator
Basement: Unfinished
A/C: Central Air
Heating: Forced AirNatural Gas
Fireplace: Fireplaces: 0

Style: Bungalow
Other Structures: Covered

General: OneBlock

Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: J C Adams S Park Add L45491018214134000101

Utilities: Cable AvailableNatural Gas ConnectedWater Connected
Water: Public

Source: mibor

This listing courtesy of Andy Tresize, Compass Indiana, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Eleanor Skillen Elementary School 34

1410 Wade St, Indianapolis, IN, 46203

Grades PK-6

0.24 miles away

SUPER School at Frederick Douglass School 19

2020 Dawson St, Indianapolis, IN, 46203

Grades KG-8

0.25 miles away

Emmerich Manual High School

2405 Madison Ave, Indianapolis, IN, 46225

Grades 10-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.