5303 Traditions DR, Indianapolis, IN 46235
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5303 Traditions DR, Indianapolis, IN 46235
5303 Traditions DR, Indianapolis, IN 46235
5303 Traditions DR, Indianapolis, IN 46235
5303 Traditions DR, Indianapolis, IN 46235
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Shannon Gilbert

Shannon Gilbert

+1(765) 532-6503
Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 80,000
Est. payment /mo
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5303 Traditions DR Indianapolis, IN 46235

2 Beds

1 Bath

884 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 884 sqft

Price per Sqft $90

Subdivision Traditions

MLS Listing ID 22128681

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1992

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Property Description

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!

Location

State IN

County Marion

Rooms

Main Level Bedrooms 2

Interior

Interior Features Attic Access, Vaulted Ceiling(s), Wood Work Painted, Eat-in Kitchen, Hi-Speed Internet Availbl

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace Y

Appliance Dishwasher, Dryer, Electric Oven, Range Hood, Refrigerator, Washer

Exterior

Utilities Available Cable Available, Natural Gas Connected

View Y/N false

Water Access Desc Public

Building

Story One

Foundation Wood

Water Public

Architectural Style Ranch

Structure Type Vinyl Siding

New Construction false

Schools

School District Msd Lawrence Township

Others

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MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
Shannon Gilbert

Shannon Gilbert

Broker License ID: 14037650

+1(765) 532-6503

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