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.
Active
$645,000
539 E 53rd St, Indianapolis, IN 46220
8beds
5baths
--sqft
Est.:
Multi Family, Duplex
Built in 1924
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Screened in front porchesCorner lotLarge corner lotHardwood floors
- 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#: 21947440

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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