This move-in-ready 4-bedroom, 2-full-bath Cape Cod sits on a desirable half-acre lot just outside Southport. The functional floor plan features two bedrooms and a full bath on the main level, with two additional bedrooms-soon to be updated with brand-new carpeting-and a second full bath upstairs. The living room offers great potential with suspected hardwood flooring beneath the existing carpet, while a beautiful sunroom with a skylight provides scenic views of the expansive backyard. Complete with a one-car garage, a mini-barn for extra storage, and a well-maintained HVAC system and water heater (both under 6 years old), this property is located in an excellent neighborhood just outside Southport. The home is being sold as-is, with conventional financing or cash (no FHA or VA offers). Septic has been pumped, inspected and found acceptable.
Pending
Price cut: $20K (7/31)
$230,000
2325 Lee Dr, Indianapolis, IN 46227
4beds
2,052sqft
Residential, Single Family Residence
Built in 1958
0.46 Acres Lot
$-- Zestimate®
$112/sqft
$-- HOA
What's special
One-car garageDesirable half-acre lotMini-barn for extra storageFunctional floor plan
- 46 days
- 1,630
- 106
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Robert VanHook 317-507-9320,
Premier Agent Network
Source: MIBOR as distributed by MLS GRID,MLS#: 22113677
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 3
- Level: Upper
- Area: 225 Square Feet
- Dimensions: 15x15
Bedroom 4
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 11x15
Dining room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Main
- Area: 330 Square Feet
- Dimensions: 15x22
Sun room
- Level: Main
- Area: 221 Square Feet
- Dimensions: 13x17
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Electric Cooktop, Dryer, Gas Water Heater, Oven, Range Hood, Refrigerator, Washer
Features
- Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Windows: Wood Work Painted
- Has basement: No
Interior area
- Total structure area: 2,052
- Total interior livable area: 2,052 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
- Details: Garage Parking Other(Finished Garage, Service Door)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Glass Enclosed, Patio, Porch, Screened
- Exterior features: Gutter Guards
Lot
- Size: 0.46 Acres
- Features: Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft)
Details
- Additional structures: Barn Mini
- Parcel number: 491518107021000500
- Special conditions: Probate Listing,As Is,Estate,Needs Updating,Sales Disclosure On File
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Residential, Single Family Residence
Materials
- Wood Brick
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Leland Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $217,000
- Annual tax amount: $1,080
- Date on market: 7/15/2026
- Cumulative days on market: 48 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Pending sale | $230,000$112/sqft |
Source:  MIBOR as distributed by MLS GRID #22113677 Report a problem | ||
| 7/31/2026 | Price change | $230,000-8%$112/sqft |
Source: MIBOR as distributed by MLS GRID #22113677 Report a problem | ||
| 7/15/2026 | Listed for sale | $250,000$122/sqft |
Source: MIBOR as distributed by MLS GRID #22113677 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $930 +1.7% | $217,000 +3.6% |
| 2024 | $915 +2% | $209,500 +9% |
| 2023 | $897 +2% | $192,200 +7.7% |
| 2022 | $880 +2% | $178,500 +12.6% |
| 2021 | $863 +2% | $158,500 +17.4% |
| 2020 | $846 +2% | $135,000 +6.6% |
| 2019 | $829 -1.9% | $126,600 +5.7% |
| 2018 | $845 -6.2% | $119,800 -0.6% |
| 2017 | $901 +15.3% | $120,500 +2.2% |
| 2016 | $782 +2% | $117,900 +1.1% |
| 2014 | $766 +4% | $116,600 |
| 2013 | $737 | $116,600 +2.7% |
| 2012 | $737 | $113,500 -3.7% |
| 2011 | -- | $117,900 |
| 2010 | $705 +2% | $117,900 |
| 2009 | $691 | $117,900 +2.8% |
| 2007 | -- | $114,700 |
| 2006 | -- | $114,700 |
| 2005 | -- | $114,700 |
| 2004 | -- | $114,700 |
| 2003 | -- | $114,700 +131.7% |
| 2002 | -- | $49,500 +200% |
| 2001 | -- | $16,500 |
| 2000 | -- | $16,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Perry
Nearby schools
Schools provided by the listing agent
- Elementary: Southport Elementary School
- Middle: Southport Middle School
- High: Southport High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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