Price Reduction - Primary on Main
Address
5201 Burgess Avenue, Indianapolis, IN
Price
$ 119,000
Property Attributes
  • MLS#22106555
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaWarren
  • NeighborhoodInsleys Burgess Ave
  • Zip46219
  • StyleBungalow
  • Year Built1921
  • Taxes$ 2104
  • Price$ 119,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1888
  • Lot Size0.08 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Don't miss this income-producing investment property located just minutes from the highly sought-after Irvington neighborhood in Indianapolis! This well-maintained 2-bedroom, 1-bath home features a welcoming front porch, perfect for relaxing and adding curb appeal. The property has been updated with a new roof and gutters, helping reduce future maintenance expenses and protect your investment. Best of all, the home is currently tenant-occupied and generating $1,450 per month in rental income, providing immediate cash flow from day one. Investment Highlights: 2 Bedrooms | 1 Bathroom Tenant in place paying $1,450/month New roof and gutters Charming front porch Convenient location near Irvington Strong rental demand area Turnkey investment opportunity Whether you're looking to expand your rental portfolio or purchase your first investment property, this Indianapolis rental offers the combination of steady income, recent improvements, and a desirable location that investors are seeking. Start earning from closing day with this cash-flowing Indianapolis investment!

Price History
6/6/2026 Listed $149,000
6/26/2026 4$144,000
7/10/2026 4$139,000
7/30/2026 4$134,000
8/14/2026 4$129,000
8/26/2026 4$124,900
9/7/2026 5$119,000

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Negotiable
Appliances Gas Oven,Refrigerator
Patio/Porch Features Covered
Architectural Style Bungalow
Construction Materials Stucco
Year Built 1921
Township Warren
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Insleys Burgess Ave
Garage Y/N No
Total Rooms 8
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 3441
Property Attached Y/N No
Standard Status Active
Tax Lot 1
Legal Description Insley Burgess Av L1 B 4

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Broker
Total Baths 1

Exterior Features

Water Source Public
Foundation Details Block
Building Area Total 1888
Lot Size Acres 0.08
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 46219

Price
AVG $200K
$120K
Taxes
AVG $2,543
$2,104
Year Built
AVG 1942
1921
Visits
AVG 67
1
Data Provided by Inside Real Estate®