5228 W Raymond Street Indianapolis, IN $ 108,700
5228 W Raymond Street
$ 108,700
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5228 W Raymond Street

Indianapolis, IN, 46241
$ 108,700
Bedrooms2 Baths1.0 Sq 792

Monthly Estimate*

$ 751

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Single Family Home for sale in Indianapolis, IN

for $108,700 with 2 bedrooms and 1 full bath. This 792 square foot home was built in 1941 on a lot size of 0.12.

This charming bungalow offers an affordable opportunity with a simple, functional layout and plenty of potential. With two bedrooms and one bath, it's a great option for a first-time buyer, investor, or anyone looking for a manageable home to make their own. Take a closer look and see what you can do with this property. Built in 1941, this one-level home offers 792 square feet of living space, vinyl siding, wood windows, and a detached one-car garage. Owner financing is available to a qualified buyer. Property is sold strictly as-is, and the seller will make no repairs.

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Single Family Pending

Price

$ 108,700

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 3,110

Style

Bungalow

Lot Size

0.12

Year Built

1941

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22116972

Features
Interior
Interior Amenities WoodWorkStain/Painted
Basement (Y/N) N
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling None
Possession Closing
Appliances Electric Oven Refrigerator
Garage Spaces 1
Architectural Style Bungalow
Construction Materials Vinyl Siding Wood Siding
Year Built 1941
Township Wayne
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Drexel Gardens
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Pending
Directions GPS Friendly
High School Ben Davis High School
City Indianapolis
High School District MSD Wayne Township
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 5401
Elementary School Maplewood Elementary School
Property Attached Y/N N
Current Financing Contract Conventional
Middle/Junior High School Lynhurst 7th & 8th Grade Center
Standard Status Pending
Tax Lot 1201
Legal Description Drexel Gardens No. 4 L1201
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Exterior
Parking Features Detached
Water Source Public
Foundation Details Block
Building Area Total 792
Lot Size Acres 0.12
Horse Amenities None
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* Excluded Features
List By
Red Bridge Real Estate

Broker

terry@redbridgerealestate.com

Email

Affordability Calculator

$1,010
Per Month
74%
26%
0%
Monthly Principal & Interest
$751
Monthly Property Taxes
$259
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4301291 Elementary School
4046592 Middle School
Ben Davis High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$108,700 Listed Price

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5228 W Raymond Street, Indianapolis, IN, 46241 is a Single Family Home for sale at $108,700 with 792 sqft and a lot size of 0.12. 5228 W Raymond Street has 2 bedrooms, 1.0 baths, and was built in 1941. The property's zip code is 46241 which is in Indianapolis, IN