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Back on Market due to Buyer's failure to meet final condition for loan approval. Live your vintage-modern dream on over an acre-plus rare bonus space and buildable lot! Welcome to Leland Place, where classic 1920s charm meets modern versatility on 1.04 fully fenced acres, offering the freedom & space many buyers dream of. With open yard areas, fencing already in place, and no HOA, this property is well-suited for raised-bed gardens, chickens, and outdoor entertaining- maybe even a pool! Step onto the inviting three-seasons porch-ideal for morning coffee or evening unwinding-before entering a sun-filled living room with original hardwoods and a cozy fireplace. The main-level bedroom offers privacy for guests or multi-generational living, while the updated kitchen flows into a bright dining area, perfect for gatherings after a day in the garden. Upstairs, you'll find three additional bedrooms and a flexible sitting nook ideal for work, reading, or creative pursuits. The clean, dry basement provides ample storage or space for a home gym. A rare finished, heated garage with a 460 sq ft bonus room above offers endless options-studio, workshop, office, or hobby space-while a charming outbuilding is waiting to be transformed (outbuilding is Sold As-Is). Two gated entries enhance privacy and function, and a cleared .36-acre secondary lot provides the option to build, sell, or expand your vision. Located near top-rated Pike schools, major employers, and everyday amenities, this property blends convenience with the freedom to grow-literally. This unique property offers space, flexibility and endless potential.
Property Type(s):
Single Family
| Last Updated | 4/3/2026 | Tract | Leland Place |
|---|---|---|---|
| Year Built | 1927 | Community | 4902 - Marion - Pike |
| Garage Spaces | 2.0 | County | Marion |
SCHOOLS
| High School | Pike High School |
|---|
Price History
| Prior to Nov 6, '25 | $570,000 |
|---|---|
| Nov 6, '25 - Nov 20, '25 | $549,000 |
| Nov 20, '25 - Dec 15, '25 | $539,000 |
| Dec 15, '25 - Dec 18, '25 | $589,000 |
| Dec 18, '25 - Jan 2, '26 | $569,000 |
| Jan 2, '26 - Jan 13, '26 | $549,900 |
| Jan 13, '26 - Jan 28, '26 | $524,900 |
| Jan 28, '26 - Today | $499,999 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Refrigerator, Washer, Water Purifier, Water Softener Owned |
| AREA | 4902 - Marion - Pike |
| BASEMENT | Crawl Space, Daylight, Interior Entry, Storage Space, Sump Pump, Unfinished, Yes |
| CONSTRUCTION | Brick, Cement Siding |
| EXTERIOR | Lighting |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Breakfast Bar, Built-in Features, Eat-in Kitchen, Entrance Foyer, Walk-in Closet(s) |
| LOT | 1.04 acre(s) |
| PARKING | Garage Door Opener, Detached, Concrete, Heated Garage, Storage |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Leland Place |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with CENTURY 21 Scheetz
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.

