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1521 E Legrande Avenue Indianapolis IN 46203
- 2
- Bedrooms
- 1
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.16
- Acres
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.
Property Details
Interior Features
- Appliances: Electric Oven, Refrigerator
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
Exterior Features
- Porch: Covered
- # Acres: 0.16
Listing Office: Compass Indiana, Llc
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Listing information last updated on January 30th, 2026 at 7:28pm EST.
