27 East Legrande Avenue

Indianapolis, IN 46225

$169,000
Price
3
Beds
1
Bath
1,830 Sq. Ft.
$92 / Sq. Ft.
1,830
Sq. Ft.
$92
per Sq. Ft.

Description

Fantastic investment opportunity in the Old Southside Historic neighborhood! This 3-bedroom, 1-bath home boasts a great cap rate. Currently under a lease agreement generating $1,350/month, valid until November 2024, with a reliable tenant who has never missed a payment + covers all utilities. Key features include: New HVAC system (1 year old), updated plumbing w/ washer/dryer connections, snaked, and jetted for optimal functionality. The property is just over 1,000 sqft with an open floor plan and...Fantastic investment opportunity in the Old Southside Historic neighborhood! This 3-bedroom, 1-bath home boasts a great cap rate. Currently under a lease agreement generating $1,350/month, valid until November 2024, with a reliable tenant who has never missed a payment + covers all utilities. Key features include: New HVAC system (1 year old), updated plumbing w/ washer/dryer connections, snaked, and jetted for optimal functionality. The property is just over 1,000 sqft with an open floor plan and offers a charming covered front porch, freshly painted interiors, and hardwood floors. Don't miss out on this lucrative investment with a solid income stream and attractive features!
  1. Listed by Paula Smith • Smith Family Realty • paula@smithfamilyrealtyindy.com
  2. Listed by Melissa Smith

Property Details for 27 East Legrande Avenue

Architectural Style
TraditonalAmerican
Subdivision Name
Theodore Meyers Add
Township
Center

Location

Listing Courtesy of Smith Family Realty
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LISTING UPDATED: 04/25/2024 11:09 AM

Property Details for 27 East Legrande Avenue

StatusActive
MLS #21965733
Days on Market67
Taxes$215 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1935
Lot Size0.08 AC / 3,484 SF
CountyMarion County

Location

Listing Courtesy of Smith Family Realty
Add your commute

Building Information for 27 East Legrande Avenue

Stories-Year Built1935Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$958 per month

30 year fixed, 7.25% Interest

Principal and Interest

$922

Property Taxes

$36

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 27 East Legrande Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46225
  • Postal Code Plus4: 1919
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491113140026000101
  • Semi Annual Property Tax Amt: 215
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: 23
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
  • Garage SqFt: 0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
  • Lot Size Square Feet: 3267.0
  • Lot Size Acres: 0.08
  • Main Level SqFt: 1025
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1025.0
  • Sq Ft Total: 1830.0
  • Year Built Numeric: 1935
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Theo Meyers Add L23
  • Photos Count: 9
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Utilities: Cable Available
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Water Heater, Gas Oven, Refrigerator, Other
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Electric
  • Eating Area: Breakfast Room, Formal Dining Room
  • Fireplaces Total: 0
  • Heating: Forced Air, Gas
  • Interior Features: Hardwood Floors, Eat-in Kitchen, Hi-Speed Internet Availbl, Network Ready
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Living Room, Dining Room, Kitchen, Breakfast Room
  • Room and Features: Primary Bedroom-Main-Hardwood, Bedroom 2-Main-Hardwood, Bedroom 3-Main-Carpet, Living Room-Main-Hardwood, Dining Room-Main-Hardwood, Kitchen-Main-Vinyl, Breakfast Room-Main-Vinyl
  • Main Level Bedrooms: 3
  • Laundry Features: Connections All
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 13x9
  • Room Features: Hardwood
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 14x9
  • Room Features: Hardwood
  • Room Type: Bedroom 2
Room 3
  • Room Level: Main
  • Room Dimensions: 13x9
  • Room Features: Carpet
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Dimensions: 14x13
  • Room Features: Hardwood
  • Room Type: Living Room
Room 5
  • Room Level: Main
  • Room Dimensions: 13x11
  • Room Features: Hardwood
  • Room Type: Dining Room
Room 6
  • Room Level: Main
  • Room Dimensions: 10x9
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 7
  • Room Level: Main
  • Room Dimensions: 09x08
  • Room Features: Vinyl
  • Room Type: Breakfast Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 27 East Legrande Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 27 East Legrande Avenue

Taxable ValueLand$5,000Additions$141,200Total$146,200
Tax Record2022$363 ($30 / month)
Home Facts
Beds2Total Finished SqFt1,025 SqFtAbove Grade Finished SqFt1,025 SqFtStories1Lot Size3,267 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated1992CountyMARIONAPN49-11-13-140-026.000-101Fireplace TypeHas Fireplace

Schools near 27 East Legrande Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 7 to 8
Rating
School
Distance
Daniel Webster School 46
PublicPK to 8

Arsenal Technical High School
Public9 to 12

HW Longfellow Med/STEM Magnet Midl
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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27 East Legrande Avenue is a single family home for sale in Indianapolis, IN 46225. This property was listed for sale on February 27, 2024 by Smith Family Realty, it's currently listed at $169,000. It has been on the market for a total of 67 days and was last sold on August 31, 2022. This listing's school district is Indianapolis Public Schools. Nearby schools include Daniel Webster School 46, Arsenal Technical High School and George Washington Community High School (9-12). 27 East Legrande Avenue is a 3-bed, 1-bath, 1,830 sqft single family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Smith Family Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.