NOT LISTED FOR SALE

5248 E 10th St Indianapolis, IN 46219

Eastside Neighborhood

Estimated Value: $228,000 - $265,530

4 Beds
2 Baths
992 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 30, 2025

Last sale price $248,000 $250 Per Sq Ft

Current estimated payment $1,713/month

11 Days on Market

Highlights

  • Ranch Style House
  • Property is near bus stop
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of July 2025

BRICK two bedroom aside double blocks from Ellenburger Park and all Irvington Hot Spots. Interior completely renovated in 2024. Great owner occupant option or investment income. Each until has basement and use of one bay in detached garage. Easy acces to home from driveway on 10th or alleyway. 5248 units lease at 1230 until June 2026. 5250 unit just vacated so you can move right in or add tenants of your choice. Tenants pay all untilities.

Last Agent to Sell the Property

Terry Melvin

RE/MAX At The Crossing License #RB14037681 Listed on: 06/29/2025

RE/MAX At The Crossing

Last Buyer's Agent

Ross Bemis

Maywright Property Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1958

Lot Details

  • 7,841

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near bus stop
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Washer and Dryer Hookup
  • Basement Storage
  • 7,841 Sq Ft Lot

Community Details

  • Emerson Highland Subdivision

Listing and Financial Details

  • Tax Lot 119 & pt 120
  • Assessor Parcel Number 490734132022000701
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,482

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1958
  • Lot Size Acres: 0.18
  • Structure Type: Duplex
  • Subdivision Name: Emerson Highland
  • Transaction Type: Sale
  • Conversion: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Storage Space, Unfinished
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: No

Lot Info

  • Lot Features: Access, Busline, City Lot, Curbs, Sidewalks, Storm Sewer, Street Lights
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 7841
  • Parcel Number: 490734132022000701
  • Zoning: Residential
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 3482
  • Tax Lot: 119 & pt 120
  • Semi Annual Property Tax Amt: 1741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2025
Closed on
Jul 30, 2025
Sold by
Thriveym11503 Llc
Bought by
Kay Scott
Seller's Agent
Terry Melvin
RE/MAX At The Crossing
Buyer's Agent
Ross Bemis
Maywright Property Co.
List Price
$265,000
Sold Price
$248,000
Premium/Discount to List
-$17,000
-6.42%
Views
13
Current Estimated Value
$248,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510
Avg. Annual Appreciation
0.48%

Purchase Details

Listed on
Jun 24, 2023
Closed on
Sep 15, 2023
Sold by
Mohammadi Yousef
Bought by
Thriveym11503 Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Terry Melvin
RE/MAX At The Crossing
List Price
$214,000
Sold Price
$182,000
Premium/Discount to List
-$32,000
-14.95%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.39%
Original Mortgage
$136,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2023
Closed on
Sep 14, 2023
Sold by
Mohammadi Yousef
Bought by
Thriveym11503 Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Terry Melvin
RE/MAX At The Crossing
List Price
$214,000
Sold Price
$182,000
Premium/Discount to List
-$32,000
-14.95%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2023
Closed on
Aug 24, 2023
Sold by
Mcnew Capital Llc
Bought by
Mohammadi Yousef
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Terry Melvin
RE/MAX At The Crossing
List Price
$214,000
Sold Price
$182,000
Premium/Discount to List
-$32,000
-14.95%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2023
Closed on
Aug 22, 2023
Sold by
Mcnew Capital Llc
Bought by
Mohammadi Yousef
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Terry Melvin
RE/MAX At The Crossing
List Price
$214,000
Sold Price
$182,000
Premium/Discount to List
-$32,000
-14.95%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2021
Sold by
Mcnew Ouentin
Bought by
Mcnew Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Shake & Bake Llc
Bought by
Mcnew Quentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2019
Sold by
Ferroli Enzo E
Bought by
Shake & Bake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Kay Scott -- First American Title
Thriveym11503 Llc -- None Listed On Document
Thriveym11503 Llc -- None Listed On Document
Mohammadi Yousef -- None Listed On Document
Mohammadi Yousef $182,000 None Listed On Document
Mcnew Capital Llc $125,250 None Available
Mcnew Quentin $94,900 Monument Title
Shake & Bake Llc $80,000 Monument Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohammadi Yousef $136,500
Previous Owner Mohammadi Yousef $136,500
Previous Owner Mcnew Capital Llc $125,250
Previous Owner Mcnew Quentin $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2025 07/30/25 Sold $248,000 -6.4% $250 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
06/29/2025 06/29/25 For Sale $265,000 +45.6% $267 / Sq Ft
08/25/2023 08/25/23 Sold $182,000 -7.6% $183 / Sq Ft View Prior Sale
07/17/2023 07/17/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $197,000 -7.9% $199 / Sq Ft
06/24/2023 06/24/23 For Sale $214,000 0.0% $216 / Sq Ft
11/17/2021 11/17/21 Rented -- -- --
11/12/2021 11/12/21 Under Contract -- -- --
10/26/2021 10/26/21 For Rent $850 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,972 $203,500 $26,100 $177,400
2023 $4,972 $202,200 $26,100 $176,100
2022 $3,654 $147,500 $26,100 $121,400
2021 $3,553 $146,700 $26,100 $120,600
2020 $3,337 $137,000 $18,900 $118,100
2019 $3,365 $135,700 $18,900 $116,800
2018 $3,107 $123,800 $18,900 $104,900
2017 $2,545 $112,600 $18,900 $93,700
2016 $2,382 $107,400 $18,900 $88,500
2014 $2,060 $98,200 $18,900 $79,300
2013 $2,015 $96,900 $18,900 $78,000
Source: Public Records

Agents Affiliated with this Home

  • Terry Melvin

    Seller's Agent in 2025

    Terry Melvin

    RE/MAX At The Crossing

    (317) 443-5695

    8 in this area

    124 Total Sales

    Terry Melvin
    Section Image

  • R

    Buyer's Agent in 2025

    Ross Bemis

    Maywright Property Co.

    Section Image

  • L

    Buyer Co-Listing Agent in 2025

    Lesli Gibson

    Maywright Property Co.

    Section Image
  • Maxwell Richter

    Seller's Agent in 2023

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    5 in this area

    215 Total Sales

    Maxwell Richter
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22047926

MIBOR Broker Listing Cooperative®

APN: 49-07-34-132-022.000-701

Indiana Marion County Indianapolis 46219 Eastside

5248 E 10th St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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