5303 Traditions

Indianapolis, IN

$80,000

5303 Traditions, Indianapolis, IN 46235

Indianapolis, IN 46235 · Traditions

MLS# MBR22128681

Listed 1 day ago

2 Beds
1 Baths
884 Sq. Ft.

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!

Property Details

Type
Residential
Year Built
1992
Lot Size
0.11 acres
Listed
1 day ago
County
Marion
Listing Office
Keller Williams Indpls Metro N
Listing Agent
Peter Stewart

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$405/mo

Principal & interest
$405
Loan amount
$64,000

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Listed by Keller Williams Indpls Metro N with Peter Stewart.

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Tracey Anderson

Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 30, 2026 at 8:01 AM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

Based on information submitted to the MLS GRID as of September 30, 2026 at 8:01 AM EDT. 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.