$489,900

5262 N College Ave Indianapolis, IN 46220

$5,818
Closing credit¹
0.1 acres
Multi-Family

Property details

About 5262 N College Ave

BACK ON MARKET: Welcome to 5262-5264 College Ave, a massive renovated duplex in the highly sought-after Meridian-Kessler neighborhood of Indianapolis! This timeless brick property offers two spacious units, each featuring 3 bedrooms and 1.5 baths. Renovated in early 2022, the duplex has modern updates throughout, including roof, HVAC systems, and water heaters installed in 2021-2022, ensuring peace of mind for years to come. Situated on College Avenue, this location offers unbeatable walkability to some of Indy's best bars and restaurants. Just steps away, you'll find Half Liter BBQ & Beer Hall, Fat Dan's, The Bulldog Bar, Prufock Coffee, Upland Brewing Company, Twenty Tap & more-all just minutes from your doorstep. With easy access to Broad Ripple, downtown Indianapolis, and the Monon Trail, this property offers the perfect mix of urban convenience and neighborhood charm. 5262 side is under-rented at $1,695 until 1/31/2026 and the 5264 side is vacant. Whether you're looking for long-term rental income, house hacking, or an Airbnb opportunity, this duplex is a rare find in one of the city's most desirable areas.

Highlights

Home typeDuplex
StatusActive
BasementYes
Lot size0.13 Acres
Year built1922
MLS #22027001

Summary

  • MLS Number: 22027001
  • MLS Name: MIBOR
  • Office Name: Berkley & State, LLC
  • Office Email: morgan@berkleyandstate.com
  • Listing Agent: Morgan Thompson

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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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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Last updated on: 4/23/2025, 9:16:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring cooling unit, brick siding, covered porch, and a front yard

$489,900

5262 N College Ave

$5,818

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 25, 2021
Home Sold
$255,000

Tax history

YearAssessmentProperty Tax
2023$219,700$5,211
2022$240,900$5,687
2021$207,600$5,126
2020$221,800$5,354
2019$221,800$4,688
2018$192,000$4,158
2017$190,200$3,938

History based on county public records data.

Nearby schools

4

Ace Preparatory Academy

Public Charter KG-5

1.1 mi

5326 Hillside Ave

3

Fox Hill Elementary School

Public District KG-5

1.8 mi

802 Fox Hill Dr

2

Tindley Genesis Academy

Public Charter KG-6

2.0 mi

4020 Meadows Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,389. Residents of Indianapolis, IN typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
48%
35k-100k
17%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

70%
Single, No Kids
3%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
2%
12-17 yrs old
41%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Symphony or OperaSymphony or Opera
  • TennisTennis

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Chico'sChico's
  • IKEAIKEA

Where do the neighbors go to eat?

  • QdobaQdoba
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • InfinitiInfiniti
  • VolvoVolvo
  • JeepJeep

What do the neighbors listen to?

  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 5262 N College Ave in Indianapolis, IN and zip code 46220 in the Warrington neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $489,900.

In March 2025 more than 193 listings in Indianapolis, IN were sold above the asking price. During the same period more than 246 listings were sold at asking price, while more than 471 were sold below. In March 2025 in Indianapolis, IN there were 12% more homes for sale than in February. The median list price of listings available in March 2025 was $249,990, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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