1521 E Legrande Avenue Indianapolis IN 46203 (House For Sale) | MLS 22036842
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The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Indianapolis at this time?
The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.
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The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.
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The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
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Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
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The last home listed in Indianapolis was 971 minutes ago.
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The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
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The oldest home in Indianapolis was built in 1848, and the newest in 2026.
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The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.
Additional Details
Property Details
Lot Dimensions:
7144
Water Source:
Public
Main Level Sq. Ft.:
768
Total Sq. Ft.:
1, 536
Basement:
Yes
Directions:
GPS Friendly
Interior Features
Hardwood Floors, Wood Work Painted
Appliances
Electric Oven, Refrigerator
Cool
Central Air
Water Heater
Electric Oven, Refrigerator
Heat
Forced Air, Natural Gas
Total Rooms
6 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$675
Tax Year:
2024
Other Disclosures:
As Is
Quick View
Address:
1521 E Legrande Avenue Indianapolis IN 46203
Status:
Pending
On Site:
351 Days On Site
Price:
$110, 000
Bedrooms:
2 Beds
Bathrooms:
1 Full Baths
Sq. Feet:
1, 536
Year Built:
1926
Lot Size:
0.16
County:
Marion
Township:
Center
MLS #:
22036842
Property Type:
Single Family Residence
Exterior Type
Wood Siding
Community Information
Description
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.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22036842
Listing provided courtesy of Andy Tresize 317-563-5051 with Compass Indiana, LLC
Last Updated: 6/23/2026 | 12:58 PM
Home Details
Status: Pending
Price: $110,000
Address: 1521 E Legrande Avenue, Indianapolis, IN 46203
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 lo...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22036842
Listing provided courtesy of Andy Tresize 317-563-5051 with Compass Indiana, LLC
Fountain Square Alliance offers a peaceful neighborhood with numerous green spaces like Sandorf Park easily accessible from most locations, providing ample opportunities for outdoor relaxation. The area features many charming single detached homes, predominantly two- and three-bedroom layouts that reflect a welcoming sense of community character. Primary schools are conveniently close regardless of where one resides, ensuring accessible education options. Dining options are plentiful, with a variety of local restaurants available for diverse tastes. Transportation is convenient with several bus lines nearby and straightforward parking. Additionally, safe bicycle routes enhance mobility throughout the neighborhood, adding to the practical accessibility of daily activities.