5231 Pin Oak DR, Indianapolis, IN 46254
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5231 Pin Oak DR, Indianapolis, IN 46254
5231 Pin Oak DR, Indianapolis, IN 46254
5231 Pin Oak DR, Indianapolis, IN 46254
5231 Pin Oak DR, Indianapolis, IN 46254
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Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 220,000
Est. payment /mo
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5231 Pin Oak DR Indianapolis, IN 46254

3 Beds

2 Baths

1,077 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,077 sqft

Price per Sqft $204

Subdivision Gardens North

MLS Listing ID 22121328

Bedrooms 3

Full Baths 2

HOA Fees $35/mo

HOA Y/N Yes

Year Built 1992

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Property Description

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 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!

Location

State IN

County Marion

Rooms

Main Level Bedrooms 3

Interior

Interior Features Attic Access, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s)

Heating Forced Air, Heat Pump, Electric

Cooling Central Air, Heat Pump

Fireplaces Number 1

Fireplaces Type Insert, Living Room

Equipment Smoke Alarm

Fireplace Y

Appliance Dishwasher, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator

Exterior

Garage Spaces 2.0

View Y/N false

Water Access Desc Public

Building

Story One

Foundation Slab

Water Public

Architectural Style Ranch

Structure Type Vinyl With Brick

New Construction false

Schools

School District Msd Pike Township

Others

HOA Fee Include Entrance Common,Insurance,Maintenance,ParkPlayground,Management,Snow Removal,Trash

Ownership Mandatory Fee


MIBOR MLS

Nearby Locations

Dianna Clampitt

Dianna Clampitt

Broker

+1(317) 281-8129

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5231 Pin Oak DR