5303 Traditions Drive, Indianapolis, IN 46235

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
5303 Traditions Drive,Indianapolis, IN 46235
$80,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 884 sq. ft.
  • Single family
  • Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22128681
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$80,000
  • Price per sq. ft.:$90.5

About this home

INVESTOR ALERT!! Welcome to 5303 Traditions Dr, an affordable ranch in the Traditions neighborhood of Lawrence Township on Indianapolis' northeast side. Tucked along a loop-style street with minimal through traffic, this 2-bedroom, 1-bath home offers 884 sq ft of living space on a flat .11-acre lot. Inside, cathedral ceilings and skylights create a bright, open feel, while the partially open kitchen connects nicely with the main living area. Built in 1992, the home has been used as a rental and is ready for its next chapter. Some cosmetic updating, primarily paint and carpet, would go a long way toward making it shine. Outside, you'll find a concrete parking pad for convenient off-street parking plus a storage shed. The home is vacant, making it a great option for either an owner-occupant looking to build equity or an investor seeking their next rental (possible BRRRR strategy!). Estimated market rent is approximately $1,100-$1,200/month, putting the property above the coveted 1% rule...

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Home facts

  • Year built:1992
  • Subdivision & Development:Traditions
  • Listing ID #:22128681
  • Added:4 day(s) ago
  • Updated:October 04, 2026 at 07:34 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Electric Oven, Range Hood, Refrigerator
  • Living area:884 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1992
  • Building area:884 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Sidewalks
  • Architectural Style:Ranch
  • Construction Materials:Vinyl Siding
  • Foundation Description:Wood

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$80,000
  • Price per sq. ft.:$90.5

Features and amenities

  • Appliances:Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Attic Access, Wood Work Painted
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