Price Reduction
Address
2202 N Leland Avenue, Indianapolis, IN
Price
$ 114,899
Property Attributes
- MLS#22109849
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaWarren
- NeighborhoodEmerson Gardens
- Zip46218
- StyleContemporary
- Year Built1959
- Taxes$ 1290
- Price$ 114,899
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage567
- Lot Size0.12 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
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.
| Price History | |
|---|---|
| 6/26/2026 | Listed $114,999 |
| 7/29/2026 | 1$114,899 |
General Features
| 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 | Appraisal |
| 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
Property vs Single Family Average in 46218
Price
Taxes
Year Built
Visits
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Last Updated: August 19, 2026 6:28 PM UTC
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Information last updated on August 19, 2026 6:40 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
