#22042423, Deborah Argenta, Listing office: Keller Williams Indpls Metro N
5147 E 16th St Indianapolis, IN 46218
Property details
About 5147 E 16th St
Extensively Updated Duplex - Great Investment Opportunity! This well-maintained duplex features two separately metered units (1535 & 5147) and has seen over a decade of thoughtful updates and investments. Whether you're an investor or an owner-occupant, this property offers solid value and peace of mind with major improvements already completed. Major Updates Include: * 2023: New water heater (1535 side). * 2022: Trees professionally trimmed along the back of the property (from 30' to 14'). * 2020: New sidewalks for both units and a parking pad added for 5147 New gutters (1535 & 5147 front). * 2018: Side door added to garage from 1535 backyard. * 2017: Complete renovation of 1535 unit including kitchen, bath, flooring, lighting, appliances (fridge & dishwasher replaced again in 2022), and a fully updated bonus room in the basement. New garage door opener (right side), new steel/security doors. * 2017: New security door on 5147. Metal/vinyl soffit and trim installed on all sides. * 2014: New furnace and central air for both units * 2014: New laminate flooring in living/dining area (5147). * 2012/2013: New water line from street to 5147 unit with cleanout * 2009/2010: New windows throughout both units * 2008: Full renovation after purchase - new tile in kitchens and baths, PEX plumbing, new kitchen (5147), new fencing, new garage doors * 2007: Roof replaced prior to purchase. Appliances Included: * 1535: Gas stove, refrigerator, microwave, dishwasher, washer & dryer. * 5147: Electric stove, refrigerator
Highlights
Summary
- Basement: Yes
- Architectural Style: Ranch
- List Price: $270,000
- Annual Tax Amount: $4,677
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1948
- Lot Size: 0.28 Acres
- MLS Number: 22041285
- MLS Name: MIBOR
- Office Name: RE/MAX Realty Group
- Office Email: buyandsellwithmichelle1@gmail.com
- Listing Agent: Michelle Collings
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 6/23/2025, 9:31:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$270,000
5147 E 16th St
$3,206
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $197,200 | $4,677 |
2022 | $146,200 | $3,451 |
2021 | $145,300 | $3,130 |
2020 | $135,200 | $3,308 |
2019 | $134,000 | $3,115 |
2018 | $124,800 | $2,561 |
2017 | $114,100 | $2,411 |
History based on county public records data.
Nearby schools
3
Anna Brochhausen Elementary School 88
Public District KG-6
0.7 mi
•5801 E 16th St
3
Ralph W. Emerson Elementary School 58
Public District PK-6
1.2 mi
•321 N Linwood Ave
4
George W. Julian Elementary School 57
Public District KG-6
1.3 mi
•5435 E Washington St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,679. The most common annual income of people living in Indianapolis, IN is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 5147 E 16th St
The listing price of 5147 E 16th St property is $270,000.
The property 5147 E 16th St is a multi located in Indianapolis, Indiana, 46218.
Active Listing: 5147 E 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5147 E 16th St are: Anna Brochhausen Elementary School 88 (GreatSchools Rating 3/10), Ralph W. Emerson Elementary School 58 (GreatSchools Rating 3/10), George W. Julian Elementary School 57 (GreatSchools Rating 4/10), Paramount Brookside (GreatSchools Rating 9/10), Paramount Englewood (GreatSchools Rating 9/10), H. L. Harshman Magnet Middle School (GreatSchools Rating 3/10), Irvington Community School (GreatSchools Rating 4/10), Arsenal Technical High School (GreatSchools Rating 1/10), Victory College Preparatory Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $4,677 (source: MLS/based on county public records data).
The year of construction for 5147 E 16th St is 1948.
This home is located at 5147 E 16th St in Indianapolis, IN and zip code 46219 in the Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $270,000.
In May 2025, from all listings sold in Indianapolis, IN there were more than 300 sold above asking price, over 544 sold below and more than 315 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between April and May 2025 increased by 3.7%. While the average time on the market in May 2025 was 34 days, the median list price was $250,180.