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  • $645,000

    539 E 53rd St, Indianapolis, IN 46220

    8beds
    5baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Screened in front porchesCorner lotLarge corner lotHardwood floors
    Perfect location to own an investment property... in the heart of Meridian Kessler! Steps away from grocery, restaurants, and shops! Huge duplex! on large corner lot of park ave and 53rd. Fantastic rental history. 1 unit leased thru May 2026. Other unit thru May 2027. Rents are $2500/month and $2700/month! Total gross income = $62,400/yr! Several Updates throughout! 5 bed /2.5 baths. on one side 4 bed /2 baths on the other. Includes W/D, all appliances. Hardwood floors. Screened in front porches . Separate fenced in back yards. Rare opportunity to own a high end duplex which has been continuously rented for over 20 years.
    485 days
    on Zillow
    |
    932
    |
    50
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 04:48am

    Listing Provided by:

    Garrett Lickliter 317-214-6688,

    Lickliter Realty Services LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21947440MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 539 E 53rd St.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 490612108002000801
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1924

    Community & HOA

    Community
    • Subdivision: Mengs Park Ave
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $284,300
    • Annual tax amount: $5,576
    • Date on market: 4/12/2024
    • Road surface type: Concrete
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