NOT LISTED FOR SALE

259 S Emerson Ave Unit 259/261 Indianapolis, IN 46219

Irvington Neighborhood

Estimated Value: $145,447 - $196,000

2 Beds
-- Bath
-- Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: June 10, 2019

Last sale price $90,000

Est. 90% increase in value since last sale

Current estimated payment $1,099 / mo

49 Days on Market

About This Home

As of June 2019

This property is ready for investors to make income immediately. One side is occupied with great tenants. Owner is staying in un rented space until sale is completed. All new plumbing just installed both side are in very good condition, with separate dry basements, which are reflected in total square footage. Renters pay all their own utilities. Washer and Dryer hook ups are in basement areas. Both units are laid out exactly the same.

Last Agent to Sell the Property

John Stewart

My Agent License #RB18001069 Listed on: 03/21/2019

Last Buyer's Agent

Gretchen Szostak

DNA Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1947

Lot Details

  • 6,970

Parking

  • 1 Car Garage

Home Design

  • Block Foundation

Additional Features

  • 2-Story Property
  • 6,970 Sq Ft Lot
  • Basement

Community Details

  • Campus Terrace Subdivision

Listing and Financial Details

  • Tenant pays for electricity garage available gas insurance all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491010166002000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1947

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Colonial,Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1947
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: CAMPUS TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: This property is ready for investors to make income immediately. One side is occupied with great tenants. Owner is staying in un rented space until sale is completed. All new plumbing just installed both side are in very good condition, with separate dry basements, which are reflected in total square footage. Renters pay all their own utilities. Washer and Dryer hook ups are in basement areas. Both units are laid out exactly the same.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2124
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding,Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Driveway Gravel,Fence Full Rear
  • Foundation Details: Block
  • Road Access: CityStreet

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,Paved Area

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491010166002000701
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 69
  • Lot Size: 6752

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Garage Available,Gas,Insurance,All Utilities

Tax Info

  • Tax Annual Amount: 968
  • Semi Annual Property Tax Amt: 484
  • Tax Exemption: None

MLS Schools

  • School District: Washington Township

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Bought by
Current Estimated Value
$170,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Outstanding Balance
$76,368
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$94,356

Purchase Details

Listed on
Mar 21, 2019
Closed on
Jun 10, 2019
Sold by
Bought by
Seller's Agent
John Stewart
My Agent
Buyer's Agent
Gretchen Szostak
DNA Properties, LLC
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$76,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Servicelink
$90,000 Security Title Services
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $76,500
Previous Owner $76,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $90,000 -5.3% --
05/10/2019 05/10/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $95,000 -5.0% --
04/10/2019 04/10/19 Price Changed $100,000 -9.1% --
03/21/2019 03/21/19 For Sale $110,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,085 $184,300 $20,400 $163,900
2024 $2,187 $148,000 $20,400 $127,600
2023 $2,187 $146,900 $20,400 $126,500
2022 $1,489 $107,800 $20,400 $87,400
2021 $1,488 $107,500 $20,400 $87,100
2020 $1,442 $103,400 $18,300 $85,100
2019 $830 $63,000 $18,300 $44,700
2018 $1,343 $50,400 $18,300 $32,100
2017 $1,107 $45,600 $18,300 $27,300
2016 $992 $41,200 $18,300 $22,900
2014 $244 $34,000 $18,300 $15,700
2013 $752 $32,900 $18,300 $14,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Stewart

    My Agent

    (317) 403-4028

    35 Total Sales

    John Stewart
    Section Image

  • G

    Buyer's Agent in 2019

    Gretchen Szostak

    DNA Properties, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21628124

MIBOR Broker Listing Cooperative®

APN: 49-10-10-166-002.000-701

Indiana Marion County Indianapolis 46201 Irvington

259 S Emerson Ave Unit 259/261, Indianapolis, IN

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MIBOR Broker Listing Cooperative® 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. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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