5303 Traditions Drive, Indianapolis, IN 46235
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
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 even after accounting for updates. Conveniently located just off Pendleton Pike with abundant shopping, dining, and everyday conveniences nearby, plus Fort Harrison State Park just minutes away. Property is sold as-is and is priced accordingly!...
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Home facts
- Year built:1992
- Subdivision & Development:Traditions
- Listing ID #:22128681
- Added:1 day(s) ago
- Updated:September 30, 2026 at 03:44 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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