2 months on rocket

27 E Legrande Ave, Indianapolis, IN, 46225

$169,000

Home List Price

$2,007*

Closing Credit

3 Bedrooms
1 Full Bath
1,830 SqFt
$92/SqFt
House
Schools Nearby

Location

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27 E Legrande Ave, Indianapolis$169,000

Buyer Closing Credits

$2,007*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1935
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #21965733
Lot Size0.08 Acres
StatusActive

About 27 E Legrande Ave

Fantastic investment opportunity in the Old Southside Historic neighborhood! This 3-bedroom, 1-bath home boasts a great cap rate. Currently under a lease agreement generating $1,350/month, valid until November 2024, with a reliable tenant who has never missed a payment + covers all utilities. Key features include: New HVAC system (1 year old), updated plumbing w/ washer/dryer connections, snaked, and jetted for optimal functionality. The property is just over 1,000 sqft with an open floor plan and offers a charming covered front porch, freshly painted interiors, and hardwood floors. Don't miss out on this lucrative investment with a solid income stream and attractive features!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1935
  • Living Area: 1,830 SqFt

Listing Office:

  • Office Name: Smith Family Realty
  • Office Email: paula@smithfamilyrealtyindy.com
  • Listing Agent: Paula Smith

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Gas Oven, Refrigerator, Other
  • Basement: Yes
  • Interior: Hardwood Floors, Eat-in Kitchen, Hi-Speed Internet Availbl, Network Ready

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Frederick Douglass School 19, Public District Grades PK-8
  • Daniel Webster School 46, Public District Grades KG-8
  • Center For Inquiry, Public Magnet Grades KG-8
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,000
  • Price Per SqFt: $92/SqFt

Tax Information:

  • Annual Amount: $196
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

27 E Legrande Ave vs Indianapolis

62 DAYS ON ROCKET

+17 Days

$169,000

-$70.7K Less

$92/SqFt

-$43 Less

KEY TAKEAWAY

This property is $70.7K less than the Median Sold Price and $43/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21965733

Listing Office:

  • Office Name: Smith Family Realty
  • Office Email: paula@smithfamilyrealtyindy.com
  • Listing Agent: Paula Smith

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:46:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$196$46,400
2019$198$37,100
2018$171$28,700
2017$154$27,300

History based on county public records data.

Payment Calculator

$911

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$573

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3496470
2
/10

  • Theodore Potter School 74

  • 1601 E 10th St

  • 3.22 miles

  • Public District Grades KG-6

school-card-donut-3496471
4
/10

  • Ernie Pyle School 90

  • 3351 W 18th St

  • 4.62 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3496472
1
/10

  • Frederick Douglass School 19

  • 2020 Dawson St

  • 1.52 miles

  • Public District Grades PK-8

school-card-donut-3496473
1
/10

  • Daniel Webster School 46

  • 1450 S Reisner St

  • 1.81 miles

  • Public District Grades KG-8

school-card-donut-3496474
6
/10

  • Center For Inquiry

  • 725 N New Jersey St

  • 2.68 miles

  • Public Magnet Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,976. The most common annual income of people living in Indianapolis, IN is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 27 E Legrande Ave

What is the listing price of this property?

The listing price of 27 E Legrande Ave property is $169,000.

What type of property is this?

The property 27 E Legrande Ave is a house located in Indianapolis, Indiana, 46225.

Is this property for sale now?

Active Listing: 27 E Legrande Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 27 E Legrande Ave are:
Theodore Potter School 74: GreatSchools Rating 2/10
Ernie Pyle School 90: GreatSchools Rating 4/10
Frederick Douglass School 19: GreatSchools Rating 1/10
Daniel Webster School 46: GreatSchools Rating 1/10
Center For Inquiry: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $196 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 27 E Legrande Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 27 E Legrande Ave is 1,830 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 27 E Legrande Ave is 1935.

Rocket Homes›Indiana›Marion County›Indianapolis›46225›27 E Legrande Ave

This home is located at 27 E Legrande Ave in Indianapolis, IN and zip code 46225 in the Near Southside neighborhood. This 1,830 square foot home, which was built in 1935, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $169,000.

Indianapolis, IN housing market in March 2024 saw over 225 listings sold above listed price, more than 262 sold at listed price and over 502 sold below. Between February 2024 and March 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 7.4%. The median list price of listings available in March 2024 was $239,776, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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