The midfielder bagged two goals in a three-goal spree in nine minutes to change the face of the game after spirited Foxes took the lead a minute into the second half.
In the end few could argue Colin Calderwood's men deserved the win as Paul Murphy in the City goal kept us at bay with a string of fine saves.
It was a treat for the healthy crowd as well as we started with eight current or former internationals including the return of Christian Ziege after a calf problem and the continued progress after injury of Ledley King and Tim Sherwood.
The first half started at an electric pace as we went for the throat early.
Ziege flashed a right-foot shot across goal in the first minute and was involved again as Iversen's 18-yarder was deflected inches wide.
Acimovic almost returned Murphy's poor clearance with interest and then threaded Iversen through but Murphy was out quickly to win a 50-50 out of his area.
Foxes more than played their part though and both Jones and Stevenson's zippy drives forced Hirschfeld into smart saves low down to his right.
Iversen's dink over Murphy didn't have enough purchase and was hacked away by Tozer and at the other end Stevenson lobbed Foxes best chance over Hirschfeld but a yard wide.
The best chance of the half fell to Doherty just two minutes before the break. Ziege hit his corner deep and Doherty, just five yards out, headed against the post.
Foxes then spoiled the script by taking the lead less than a minute after the restart. Stewart whipped in a cross from the left, Benjamin's diving header came back off the post and Stevenson smashed the rebound home.
Murphy then kept his side's lead intact with three fine saves from Rebrov, twice and Iversen, the pick a point-blank reaction stop as Rebrov met Sherwood's free-kick just eight yards out.
When Rebrov's flicked header from the resulting corner clipped the top of the bar, it looked like it might just be one of those nights - how wrong we were.
Three goals followed in a nine-minute purple patch to completely change the game's complexion.
The first arrived on 68 minutes as Ricketts worked a yard of space, Rebrov took over and held off a swarm of defenders before slipping the ball to Clemence who finished with style from 10 yards.
We were in front two minutes later. Acimovic planted the perfect ball into Iversen and the Norwegian controlled, held off Lewis and fired home across Murphy.
Clemence was back on the scoresheet after 77 minutes, this time taking the ball out of his feet in and, like Iversen, finishing well across Murphy.
Line-ups: Spurs Reserves: Hirschfeld, Marney, King, Kelly, Doherty, Clemence, Ziege (Ricketts, 45), Sherwood, Iversen, Acimovic, Rebrov. Subs: Burch, Bortolozzo, Henry, Slabber.
Leicester City Reserves: Murphy, Lyth, Stewart, Tozer, Mortimer, Lewis (Williamson, 73), Jones (McSweeney, 45), Oakes, Stevenson, Benjamin, Reeves. Subs: Logan, Been, Larvin.
Steve Clemence found his goalscoring touch to make sure our reserve team's return to the Lane didn't fall flat on Monday night.