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(SOLD) $164,900

1257 N Emerson Avenue Indianapolis, IN  46219

Property Description for 1257 N Emerson Avenue Indianapolis, IN 46219

Amazing investment opportunity in Community Heights on the Near East Side! Located just a short drive from Irvington, Ellenberger Park, and minutes from IUPUI, this recently updated (on both sides) corner duplex is in the prime location to fit all of your needs. The layout of this duplex is especially rare, featuring 2-bed, 1-bath layouts (on the main level) w/ full basements on both sides. One side (13th) is currently unoccupied (ready to lease!) while the other side (Emerson) is occupied by a tenant in good standing. The Emerson side also features a rare basement garage door entrance! The possibilities for how to use the space are endless! Find comfort and convenience in calling one side your home, while using the other as an income producing rental unit, OR operate both units as rentals. Professional management is already in place with Intrigue Property Management. Truly a great addition to any investment portfolio.
QuickBuy option for home selling

Address:1257 N Emerson Avenue Indianapolis IN 46219
Status:Sold
Sold On: 12/6/2023
Price:$164,900
Bathrooms:0
Year Built:1942
Lot Size:0.19
County: Marion
Township: Warren
MLS #:21944564
Property Type:Duplex

Lot Dimensions:8407
Road Access:Access Rd
Zoning:Residential
Building Utilities:Separate Gas Meter, Sewer, Water
Directions:I-70 to Emerson Ave. Turn south to the house on the East side of the road.
Basement:Yes

Loan Price
$1,233
Price And Interest $860/month
Property Tax $304/month
MTG INS $0/month
HOME INS $69/month
Price
$164,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$304/month
Home Owner Insurance
$828 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,821
Tax Year:2021
Mandatory HOA Fee:$

Area: 4905 - Marion - Warren
City:Indianapolis
Subdivision: W G Justus
Zip Code:46219

Cool:Central Electric
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 1257 N Emerson Avenue Indianapolis, IN  46219


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Listing provided courtesy of Ryan Rominger with Compass Indiana, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/17/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Indianapolis Market Report

78
Avg. DOM
$165.44
Avg. $ / Sq.Ft.
$ 289,000
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $558.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Up. The average house price is $290,000.00 and the average price per square feet is $165.93 per square feet. At the moment, the amount of homes listed is exactly 11610 houses, with 1489 with active status, 1503 with pending status and 8618 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,048.12. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 78 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 911 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $35,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis is 2194.9 sq.ft. , the biggest one being 11598 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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