$146,000 5106 S Emerson Avenue Indianapolis, IN

MLS: 21788440   Type: Single Family   County: Marion   City: Indianapolis   Area: Perry   Neighborhood: Emerson Highlands   Zip: 46237   Style: Ranch   # Rooms: 8    Stories: 1   Taxes: $3,840

Mortgage $685 /mo



Half Baths

Sqr Footage









4 Bedroom, 2 baths plus basement, all brick ranch in need of repairs. Home has been vacant for 4+ years. Home has structural issues and will need to be evaluated by buyer's contractor. Evidence of mold or algae growth. This will need extensive work before being habitable. Great opportunity for an investor. Commercial potential. Cash only or possible rehab loan.

Elementary School

Middle School

High School

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Price History

6/3/2021 Listed $195,000
7/14/2021 26% - $146,000

Appliances None
Architectural Style Ranch
Basement Full
City Indianapolis
Construction Materials Brick
Contingency Act with no Contingency
Cooling Central Air
County Marion
Days on Market 70
Directions From I-465 S take the Emerson Ave exit, EXIT 52, keep left at the fork in the ramp, stay straight to go onto S Emerson Ave. Home is on the right just past E Thompson Rd.
Disclosures Not Applicable
Garage Spaces 2
Garage Y/N Y
Heating Forced Air
Interior Features Built In Book Shelves
Levels One
New Construction N
Possession Close of Escrow
Property Attached Y/N N
Property SubType Single Family Residence
Property Type Residential
Sewer Sewer Connected
Standard Status Active
Status Active
Street Name Emerson
Tax Year 2020
Total Rooms 8
Township Perry
Year Built 1961

Interior Features

Basement (Y/N) Y
Full Baths 2
Half Baths 0
Street Suffix Avenue
Total Baths 2
Total Bedrooms 4
Total Fireplaces 0

Exterior Features

Building Area Total 2604
Foundation Details Block
Lot Size Acres 0.48
Other Equipment Not Applicable
Water Source Well

Property Schools

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Gallery (4 photos)

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Property vs Zip Code Avg (46237)

Price 146K Avg 302K

Sqr Feet 2,604 Avg 2,492

Cost / Sqr Ft $56 Avg $122

Taxes $3,840 Avg $2,294

Acres 0.48 Avg 0.44

Visits 172 Avg 33

Days on Site 105 Avg 25

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Listing Provided Courtesy Of: Diana Elmore with Realty World-Turtle Crk Realty

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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN