1521 E Legrande Ave Indianapolis, IN 46203
Near Southeast NeighborhoodEstimated payment $697/month
Highlights
- Updated Kitchen
- No HOA
- Woodwork
- Wood Flooring
- Formal Dining Room
- Bungalow
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,350
Year Built
- Built in 1926 | Remodeled
Home Design
- Bungalow
- Block Foundation
- Wood Siding
Interior Spaces
- 768 Sq Ft Home
- 1-Story Property
- Woodwork
- Formal Dining Room
- Unfinished Basement
Kitchen
- Updated Kitchen
- Electric Oven
Flooring
- Wood
- Vinyl Plank
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Additional Features
- 7,144 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- J C Adams Subdivision
Listing and Financial Details
- Legal Lot and Block 45 / 1
- Assessor Parcel Number 491018214134000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,445 | $56,000 | $6,700 | $49,300 |
| 2023 | $1,445 | $57,200 | $6,700 | $50,500 |
| 2022 | $1,437 | $57,200 | $6,700 | $50,500 |
| 2021 | $1,238 | $50,000 | $6,700 | $43,300 |
| 2020 | $1,201 | $48,300 | $6,700 | $41,600 |
| 2019 | $1,157 | $45,600 | $3,500 | $42,100 |
| 2018 | $1,175 | $46,000 | $3,500 | $42,500 |
| 2017 | $996 | $43,300 | $3,500 | $39,800 |
| 2016 | $1,656 | $40,200 | $3,500 | $36,700 |
| 2014 | $964 | $44,600 | $3,500 | $41,100 |
| 2013 | $873 | $35,600 | $3,500 | $32,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $110,000 | 0.0% | $143 / Sq Ft |
| 08/13/2025 08/13/25 | Off Market | $110,000 | -- | -- |
| 07/16/2025 07/16/25 | For Sale | $110,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | First American Title | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $10,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $18,186 | Purchase Money Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22036842
APN: 49-10-18-214-134.000-101
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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