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!
Pending
$80,000
5303 Traditions Dr, Indianapolis, IN 46235
2beds
884sqft
Residential, Single Family Residence
Built in 1992
4,791 Square Feet Lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
Storage shedBright open feelCathedral ceilingsPartially open kitchen
- 8 days
- 257
- 18
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22128681
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 2
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Great room
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Utility room
- Features: Other
- Level: Main
- Area: 35 Square Feet
- Dimensions: 7x5
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Range Hood, Refrigerator, Washer
- Laundry: Main Level
Features
- Attic Access, Vaulted Ceiling(s), Eat-in Kitchen, High Speed Internet
- Windows: Wood Work Painted
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 884
- Total interior livable area: 884 sqft
Video & virtual tour
Property
Parking
- Parking features: Alley Access
- Details: Garage Parking Other(Other)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 4,791 Square Feet
- Features: Sidewalks, Suburb
Details
- Parcel number: 490809100035000407
- Special conditions: As Is,Fixer Upper
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Wood
Condition
- Fixer
- New construction: No
- Year built: 1992
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Traditions
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $119,600
- Annual tax amount: $2,632
- Date on market: 9/29/2026
- Cumulative days on market: 10 days
Estimated market value
Not available
Estimated sales range
Not available
$1,264/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Pending sale | $80,000$90/sqft |
Source:  MIBOR as distributed by MLS GRID #22128681 Report a problem | ||
| 9/29/2026 | Listed for sale | $80,000+34.8%$90/sqft |
Source: MIBOR as distributed by MLS GRID #22128681 Report a problem | ||
| 5/7/2024 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21970126 Report a problem | ||
| 3/22/2024 | Listed for rent | $1,050+31.3%$1/sqft |
Source: MIBOR as distributed by MLS GRID #21970126 Report a problem | ||
| 4/4/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/22/2022 | Listed for rent | $800+10.3%$1/sqft |
Source: Zillow Rental Network Premium #21844073 Report a problem | ||
| 11/11/2020 | Listing removed | $725$1/sqft |
Source: Triple E Realty, LLC #21738490 Report a problem | ||
| 10/17/2020 | Listed for rent | $725$1/sqft |
Source: Triple E Realty, LLC #21738490 Report a problem | ||
| 9/7/2018 | Sold | $59,350-8.7%$67/sqft |
Source: MIBOR as distributed by MLS GRID #21582390 Report a problem | ||
| 8/20/2018 | Pending sale | $65,000$74/sqft |
Source: MIBOR REALTOR Association #21582390 Report a problem | ||
| 7/25/2018 | Listed for sale | $65,000+12.3%$74/sqft |
Source: MIBOR REALTOR Association #21582390 Report a problem | ||
| 10/27/2016 | Listing removed | $57,900$65/sqft |
Source: CENTURY 21 Scheetz #21426679 Report a problem | ||
| 9/27/2016 | Price change | $57,900-2.7%$65/sqft |
Source: CENTURY 21 Scheetz #21426679 Report a problem | ||
| 8/15/2016 | Price change | $59,500-5.4%$67/sqft |
Source: CENTURY 21 Scheetz #21426679 Report a problem | ||
| 8/4/2016 | Price change | $62,900-3.1%$71/sqft |
Source: CENTURY 21 Scheetz #21426679 Report a problem | ||
| 7/9/2016 | Price change | $64,900-7.2%$73/sqft |
Source: CENTURY 21 Scheetz #21426679 Report a problem | ||
| 6/28/2016 | Listed for sale | $69,900+34.4%$79/sqft |
Source: CENTURY 21 Scheetz #21426679 Report a problem | ||
| 6/22/2004 | Sold | $52,000$59/sqft |
Source: MIBOR as distributed by MLS GRID #2411161 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,823 +0.2% | $119,600 +42.9% |
| 2024 | $1,820 +15% | $83,700 |
| 2023 | $1,582 +5.6% | $83,700 +16.1% |
| 2022 | $1,498 +3.1% | $72,100 +7% |
| 2021 | $1,453 +22.3% | $67,400 +4.2% |
| 2020 | $1,188 +7.6% | $64,700 +8.9% |
| 2019 | $1,104 -1.3% | $59,400 +7.6% |
| 2018 | $1,118 -1.2% | $55,200 -1.3% |
| 2017 | $1,131 -3.5% | $55,900 +2.8% |
| 2016 | $1,172 +1.4% | $54,400 -5.9% |
| 2014 | $1,156 +0.3% | $57,800 |
| 2013 | $1,152 | $57,800 +0.3% |
| 2012 | $1,152 | $57,600 -3.7% |
| 2011 | -- | $59,800 |
| 2010 | $1,196 0% | $59,800 |
| 2009 | $1,196 | $59,800 -11.4% |
| 2007 | -- | $67,500 +8.2% |
| 2003 | -- | $62,400 +57.6% |
| 2002 | -- | $39,600 +200% |
| 2001 | -- | $13,200 |
| 2000 | -- | $13,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46235
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