#22034499, Gabriel Lawless, Listing Office: Ever Real Estate, LLC
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: $290,000
- 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
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Last updated on: 5/30/2025, 1:16:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$290,000
5147 E 16th St
$3,444
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. Typical income of Indianapolis, IN residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
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 $290,000.
Over 246 listings were sold over their listed price in April 2025 in Indianapolis, IN. In the same period over 546 listings were sold below the listed price and 253 listings were sold for the listed price. In April 2025 in Indianapolis, IN there were 4.9% more homes for sale than in March. The median list price of listings available in April 2025 was $250,031, while the average time on the real estate market was 41 days.