1 day on Rocket
$2,672 Closing Credit¹
#22045074, Jennifer Brown, Listing office: CENTURY 21 Scheetz
$260,000 List price
5159 E Edgewood Ave Indianapolis, IN 46237
$3,088
Closing credit¹
0 beds
960 sqft
1.5 acres
$271 / sqft
House
Property details
About 5159 E Edgewood Ave
Investor Special - Prime 1.5 Acre Opportunity in Sought-After Location! Unlock the potential of this uninhabitable home situated on a spacious 1.5-acre lot in one of the area's most desirable and well-connected neighborhoods. Just minutes from major shopping centers, restaurants, and everyday conveniences, this property offers an unbeatable location with endless upside. The existing structure is in need of a full rehab or tear-down, making it the perfect canvas for your next renovation project or new construction. Highlights: 1.5 acres of level, usable land Close to retail, dining, and amenities Excellent investment or development potential Highly desirable neighborhood with strong demand Bring your plans, your vision, and make the most of this diamond in the rough. Opportunities like this don't come around often-schedule your viewing today!
Highlights
Home typeSingle Family Residence
StatusActive
Size960 sqft
Lot size1.5 Acres
Year built1950
MLS #22042480
Summary
- Appliances: None
- Basement: No
- Interior: Raised Ceiling(s)
- Architectural Style: TraditonalAmerican
- Heating: None
- Cooling: None
- List Price: $260,000
- Price/SqFt: $270
- Annual Tax Amount: $2,210
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1950
- Living Area: 960 SqFt
- Lot Size: 1.5 Acres
- MLS Number: 22042480
- MLS Name: MIBOR
- Office Name: RE/MAX Advanced Realty
- Office Email: Indyhomes321@gmail.com
- Listing Agent: Mukul Khanna
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 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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$260,000
5159 E Edgewood Ave
$3,088
closing credit¹
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Seller rebate
0.5% sale price²
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 | $109,500 | $2,210 |
| 2022 | $109,500 | $2,221 |
| 2021 | $92,000 | $1,669 |
| 2020 | $81,800 | $1,701 |
| 2019 | $76,800 | $1,657 |
| 2018 | $74,800 | $1,643 |
| 2017 | $74,300 | $1,646 |
History based on county public records data.
Nearby schools
4
Arlington Elementary School
Public District KG-3
0.8 mi
•5814 S Arlington Ave
6
Jeremiah Gray Elementary School
Public District 1-5
1.0 mi
•5225 Gray Rd
4
Bunker Hill Elementary School
Public District KG-3
1.7 mi
•6620 Shelbyville Rd
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 $99,897. Residents of Indianapolis, IN typically earn between $100k-200k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
15%
<35k
35%
35k-100k
36%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
4%
Single, with Kids
42%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
11%
18-34 yrs old
50%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Soccer
PGA/LPGA
Where do the neighbors shop?
Chico's
Forever 21
Stein Mart
Where do the neighbors go to eat?
Boston Market
Dominos Pizza
Bonefish Grill
What do the neighbors drive?
Volvo
Mazda
Lincoln
What do the neighbors listen to?
Talk/Personality
Rhythmic Contemporary Hits
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5159 E Edgewood Ave
The listing price of 5159 E Edgewood Ave property is $260,000.
The property 5159 E Edgewood Ave is a house located in Indianapolis, Indiana, 46237.
Active Listing: 5159 E Edgewood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5159 E Edgewood Ave are: Arlington Elementary School (GreatSchools Rating 4/10), Jeremiah Gray Elementary School (GreatSchools Rating 6/10), Bunker Hill Elementary School (GreatSchools Rating 4/10), Southport Middle School (GreatSchools Rating 5/10), Beech Grove Middle School (GreatSchools Rating 7/10), Lillie Idella Kitley Intermediate School (GreatSchools Rating 6/10), Beech Grove High School (GreatSchools Rating 2/10), Rise Learning Center (GreatSchools Rating 2/10), Southport High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,210 (source: MLS/based on county public records data).
The property at 5159 E Edgewood Ave has 0 bedroom and 0 bathroom.
The property 5159 E Edgewood Ave is 960 SqFt (source: MLS/tax record).
The year of construction for 5159 E Edgewood Ave is 1950.
This home is located at 5159 E Edgewood Ave in Indianapolis, IN and zip code 46237 in the I-65 / South Emerson neighborhood. This 960 square foot home, which was built in 1950, sits on a 1.50 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $260,000.
Over 300 listings were sold over their listed price in May 2025 in Indianapolis, IN. In the same period over 544 listings were sold below the listed price and 315 listings were sold for the listed price. The number of listings in Indianapolis, IN increased by 3.7% between April and May 2025. In May 2025 median list price was $250,180 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.