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  • Price cut: $24.9K (7/31)
    $225,000

    5159 E Edgewood Ave, Indianapolis, IN 46237

    0beds
    --baths
    960sqft
    : 
    Residential, Single Family Residence
    Built in 1950
    1.5 Acres Lot
    $-- Zestimate®
    $234/sqft
    $-- HOA

    What's special

    Level usable land
    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!
    62 days
    on Zillow
    |
    558
    |
    21
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 11:21am

    Listing Provided by:

    Mukul Khanna 646-578-7176,

    RE/MAX Advanced Realty

    Source: MIBOR as distributed by MLS GRID,MLS#: 22042480MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5159 E Edgewood Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    Living room
    • Features: Other
    • Level: Main
    • Dimensions: 0
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: None
    Features
    • High Ceilings
    • Has basement: No
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 1.5 Acres
    Details
    • Parcel number: 491510109011000300
    • Special conditions: Cosmetics Needed,Fixer Upper,Needs Updating
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick
    • Foundation: Other
    Condition
    • Fixer
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Water: None

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $234/sqft
    • Tax assessed value: $109,500
    • Annual tax amount: $2,222
    • Date on market: 6/2/2025
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