Exceptional turnkey opportunity for savvy investors or future owner-occupants! Situated on a prime .10-acre corner lot in a quiet cul-de-sac, this beautifully refreshed 3-bedroom, 2-bath, 1,077 sq ft ranch at 5231 Pin Oak Drive delivers immediate cash flow and effortless ownership. The interior showcases extensive updates completed within the last… Read More year, including modern luxury vinyl plank flooring throughout and crisp, neutral interior paint. Major mechanical updates offer long-term peace of mind, highlighted by a brand-new AC unit paired with a furnace estimated at only 1-2 years old, providing a virtually new full HVAC system. The single-level layout maximizes functional living space, making it easy to maintain and highly appealing to tenants and future residents alike. The property is being sold with a reliable tenant in place generating $1,600/month in steady rental income through December 31, 2026. Enjoy true hands-off management: the tenant covers all utilities and is fully responsible for lawn care. Whether you are looking to expand your rental portfolio with a low-maintenance, income-producing asset from day one or secure a move-in-ready home to occupy at lease-end, this updated Indianapolis ranch represents a smart, versatile addition to your portfolio. Schedule your showing today! Read Less
Courtesy of Keller Williams Indpls Metro N.
Listing Snapshot
Days Online
22
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,077
Lot Size
0.1 Acres
Year Built
1992
MLS Number
22121328
30 Days Snapshot Of 46254
$241k
+6%
(avg) sold price
28
-9%
homes sold
76
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: Dishwasher, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator
Building
Area: 1077, Architecture: Ranch, Building Area: 1077, Construction Materials: Vinyl With Brick, Levels: One, Year Built: 1992
Cooling
Details: Central Air, Heat Pump
Exterior Features
Patio Features: Deck
Fireplaces
Total Fireplaces: 1
Garage
Garage Spaces: 2, Other Garage Features: Keyless Entry
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.