5231 Pin Oak Drive, Indianapolis, IN 46254
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
5231 Pin Oak Drive,Indianapolis, IN 46254
$220,000
- 3 Beds
- 2 Baths
- 1,077 sq. ft.
- Single family
- Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22121328
Source:IN_MIBOR
Price summary
- Price:$220,000
- Price per sq. ft.:$204.27
About this home
Exceptional turnkey opportunity for savvy investors or future owner-occupants! Situated on a prime .10-acre corner lot in a quiet cul-de-sac, this beautifully refreshed 3-bedroom, 2-bath, 1,077 sq ft ranch at 5231 Pin Oak Drive delivers immediate cash flow and effortless ownership. The interior showcases extensive updates completed within the last year, including modern luxury vinyl plank flooring throughout and crisp, neutral interior paint. Major mechanical updates offer long-term peace of mind, highlighted by a brand-new AC unit paired with a furnace estimated at only 1-2 years old, providing a virtually new full HVAC system. The single-level layout maximizes functional living space, making it easy to maintain and highly appealing to tenants and future residents alike. The property is being sold with a reliable tenant in place generating $1,600/month in steady rental income through December 31, 2026. Enjoy true hands-off management: the tenant covers all utilities and is fully responsible for lawn care. Whether you are looking to expand your rental portfolio with a low-maintenance, income-producing asset from day one or secure a move-in-ready home to occupy at lease-end, this updated Indianapolis ranch represents a smart, versatile addition to your portfolio. Schedule your showing today!...
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Home facts
- Year built:1992
- Subdivision & Development:Gardens North
- Listing ID #:22121328
- Added:4 day(s) ago
- Updated:August 26, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Dining Combo/Kitchen
- Kitchen Description:Dishwasher, Disposal, Electric Oven, Microwave, Microwave Hood, Refrigerator
- Living area:1,077 sq. ft.
Heating and cooling
- Cooling:Central Electric, Heat Pump
- Heating:Electric, Forced Air, Heat Pump
- Central air:Yes
Structure and exterior
- Year built:1992
- Building area:1,077 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Cul-De-Sac, Curbs, Mature Trees, Wooded
- Architectural Style:Ranch
- Construction Materials:Vinyl With Brick
- Foundation Description:Slab
Utilities
- Water:Public Water
Finances and disclosures
- Price:$220,000
- Price per sq. ft.:$204.27
Features and amenities
- Appliances:Microwave, Refrigerator, Smoke Alarm
- Amenities:Attic Access
- Pool features:Pool
Parking
- Parking description:Keyless Entry
- Garage:Yes
- Garage spaces:2
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