2202 N Leland Avenue

Indianapolis, IN
$ 114,899 Beds 2 Baths 1 Sq 567
Monthly Estimate* How much can I afford?

Turnkey investment opportunity on Indianapolis' near east side, offered at $114,999. This 2-bedroom, 1-bathroom single-family home sits on a slab with an attached one-car garage and is currently occupied by a tenant on a one-year lease with approximately four months remaining. At roughly 570 square feet, the efficient floor plan keeps operating costs low and turnover minimal. Recent system ages include a furnace and air conditioner at approximately four years, water heater at three years, flooring at four years, and roof at eight to ten years, with no reported plumbing or electrical issues. The tenant pays all utilities. Located on a quiet residential stretch of North Leland Avenue in an established neighborhood of well-built single-family and multi-family homes, with convenient access to downtown Indianapolis. An ideal entry-level rental or an easy addition to an existing portfolio. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.

Active

  • Price
  • $ 114,899
  • City
  • Indianapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Warren
  • Lot Size
  • 0.12 Acres
  • Zip
  • 46218
  • Sqr Footage
  • 567
  • Year Built
  • 1959
  • Taxes
  • $ 1290
  • Style
  • Contemporary
  • MLS#
  • 22109849
Listed By: Max Moore with @properties;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Baseboard,Electric
Cooling None
Possession Closing
Appliances Electric Cooktop,Dryer,Refrigerator,Washer,Electric Water Heater
Garage Spaces 1
Patio/Porch Features Deck
Architectural Style Contemporary
Construction Materials Vinyl Siding
Year Built 1959
Township Warren
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Emerson Gardens
Garage Y/N Yes
Total Rooms 4
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 5314
Property Attached Y/N No
Standard Status Active
Tax Lot 490727102123000701
Legal Description Emerson Gardens L42

Interior Features

Interior Amenities Eat-in Kitchen
Basement (Y/N) No
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Appraiser
Total Baths 1

Exterior Features

Parking Features Detached
Lot Features Corner Lot
Water Source Public
Foundation Details Crawl Space
Building Area Total 567
Lot Size Acres 0.12
Other Equipment Smoke Alarm,None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/26/2026 Listed $114,999
7/29/2026 1% - $114,899

Property vs Zip Code Average in 46218

Price
AVG $160K
$110K
Taxes
AVG $1,840
$1,290
Year Built
AVG 1951
1959
Visits
AVG 100
102
Data Provided by Inside Real Estate®

2202 N Leland Avenue Indianapolis, IN is a Single Family Home for sale at $114899 with 567 sqft and a lot size of 0.12 Acres Acre(s). 2202 N Leland Avenue Indianapolis has 2 bedrooms, 1 baths and was built in 1959. The property's zip code is 46218 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.