539 E 53rd St Indianapolis, IN 46220
Meridian Kessler NeighborhoodEstimated payment $4,964/month
Total Views
12,455
8
Beds
5
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Craftsman Architecture
- Corner Lot
- Wood Siding
- Mature Trees
- Forced Air Heating and Cooling System
About This Home
539 E 53rd , INDIANAPOLIS, IN 46220 TURN-KEY INCOME-PRODUCING DUPLEX | $675,000 | ESTABLISHED RENTAL HISTORY LOCATION! LOCATION! LOCATION! Rare opportunity to acquire a high-end duplex with 26 years of rental history in a highly desirable Indianapolis location. This exceptional property offers approximately 4040 finished square feet on a 8590 sq ft corner lot, with two spacious residential units, surrounded by Million dollar homes .Enjoy a quiet residential setting with convenient access to Broad Ripple and Downtown Indianapolis. The property is walkable to Broad Ripple/Monon Trail and approximately 15 minutes from Downtown Indianapolis, offering easy access to restaurants, shopping, entertainment, parks, major employment centers, and city amenities. The property has been continuously rented for 26 years, offering an investor the opportunity to purchase an established income-producing asset with a proven rental track record. The current owners are retiring and selling multiple properties. 1 side features 5 bedrooms and 2.5 bathrooms, other side 4 Bedrooms and 2 bathrooms. with hardwood floors throughout and finished basements. Each unit a has wood burning fireplace, with surrounding built in bookcases. Each side has a large screened front porch. Each basement includes a bedroom with an egress window, a full bathroom, bonus room providing valuable additional living space. Both sides of the duplex have fenced in yards. Both sides have central air conditioning. Gas furnace/hot water heater. The property is offered turn-key, including all stainless steel kitchen appliances, 2 sets of washers/dryers. Annual Rent: $62,400.00 53rd side is $2500.00/mo ( + $30.00 for pet ) 5268 park side is $2700.00/mo ANNUAL Property Taxes: $6746.00 Annual Insurance: $1582.00. Seller financing is not available.
Listing Agent
Liberty Real Estate, LLC. Brokerage Email: lmeulbroek@libertyrealestate.biz License #RB14026284 Listed on: 08/28/2026
Co-Listing Agent
Liberty Real Estate, LLC. Brokerage Email: lmeulbroek@libertyrealestate.biz License #RB14047727
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,492
Year Built
- Built in 1924 | Remodeled
Lot Details
- 8,581 Sq Ft Lot
- Corner Lot
- Mature Trees
Home Design
- Duplex
- Craftsman Architecture
- Brick Exterior Construction
- Wood Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Finished Basement
- Laundry in Basement
- Basement Window Egress
Schools
- Shortridge High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- 2-Story Property
- City Lot
Community Details
- Mengs Park Ave Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 490612108002000801
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,218 | $343,500 | $34,300 | $309,200 |
| 2024 | $6,882 | $284,300 | $34,300 | $250,000 |
| 2023 | $6,882 | $284,300 | $34,300 | $250,000 |
| 2022 | $7,009 | $284,300 | $34,300 | $250,000 |
| 2021 | $5,709 | $241,700 | $29,300 | $212,400 |
| 2020 | $5,728 | $241,700 | $29,300 | $212,400 |
| 2019 | $5,835 | $241,700 | $29,300 | $212,400 |
| 2018 | $5,799 | $238,100 | $29,300 | $208,800 |
| 2017 | $4,636 | $212,500 | $29,300 | $183,200 |
| 2016 | $4,462 | $208,900 | $29,300 | $179,600 |
| 2014 | $4,422 | $204,500 | $29,300 | $175,200 |
| 2013 | $4,252 | $204,500 | $29,300 | $175,200 |
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 |
|---|---|---|---|---|
| 08/28/2026 08/28/26 | For Sale | $675,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | 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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $136,500 | New Conventional |
Source: Public Records
About the Listing Agent
I'm an expert real estate broker-owner with Liberty Real Estate, LLC in Indiana and the nearby areas, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Our Flat Fee Listing Packages start at $499! Give Chris a call at 317-372-5059! He is eager to help and would love to talk to you.
Lisa's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22122959
APN: 49-06-12-108-002.000-801
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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