1237 S Leland Ave, Indianapolis, IN, 46203
About This Home
Great investment opportunity! No HOA! 2bedrm, 1 bath home with a large barn/garage, lots of outdoor living/entertaining space, and an additional outbuilding that could easily be used for additional living space or income opportunity! This property is conveniently located near interstate access & local businesses! New Water Heater! Kitchen Appliances included! Eligible for cash, & conventional purchases only. Being sold as-is.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1920
Materials
- Foundation: Crawl Space
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Oven,Refrigerator,Water Heater
- Laundry features: Connections All
Bedroom2
- Level: Main
- Area: 96
- Dimensions: 12x8
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Attic Access,High Speed Internet
- Attic: Access Only
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Window Unit(s)
Interior Area
- Total structure area: 906
- Total interior livable area: 906 sqft
Kitchen
- Level: Main
- Area: 100
- Dimensions: 10x10
Living Room
- Level: Main
- Area: 120
- Dimensions: 12x10
Master Bedroom
- Level: Main
- Area: 120
- Dimensions: 12x10
Property
Details
- Parcel number: 491015118047000700
- Special condition: None,As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Patio
- Exterior features: Storage
- Fencing: Fenced,Full,Privacy,Gate
Lot
- Lot size: 0.33 Acres
- Features: Access,Not In Subdivision,Mature Trees
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Earthquake
- Hail
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $500 | $6,000 |
| Home Insurance * | $72 | $864 |
| Property Taxes | $205 | $2,460 |
| Electricity | $184 | $2,212 |
| Total | $961 | $11,532 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Pending sale | $99,000 |
| 2026-07-30 | Price change | $99,000 |
| 2026-07-21 | Price change | $119,000 |
| 2026-07-20 | Price change | $135,000 |
| 2026-07-09 | Price change | $149,900 |
| 2026-07-03 | Listed for sale | $160,000 |
| 2015-02-23 | Sold | $45,247 |
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