539 East 53rd Street

Indianapolis, IN 46220

$645,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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. both sides leased thru May 2025. 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...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. both sides leased thru May 2025. 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.
  1. Listed by Garrett Lickliter • Lickliter Realty Services LLC • glickliter@lickliterrealty.com

Property Details for 539 East 53rd Street

Architectural Style
Craftsman
Subdivision Name
Mengs Park Ave
Township
Washington
Zoning
Residential
LISTING UPDATED: 10/30/2024 02:32 PM

Property Details for 539 East 53rd Street

StatusActive
MLS #21947440
Days on Market399
Taxes$2,788 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1924
Lot Size0.20 AC / 8,712 SF
CountyMarion County

Building Information for 539 East 53rd Street

Stories-Residences2Year Built1924Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 539 East 53rd Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46220
  • Postal Code Plus4: 3034
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490612108002000801
  • Semi Annual Property Tax Amt: 2788
  • Tax Year: 2021
  • TaxLot: 8017524
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 8581.0
  • Lot Size Acres: 0.2
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1924
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Mengs Park Ave Sub L1
  • Photos Count: 46
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Concrete
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Central Electric
  • Heating: Forced Air
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $57,600.00
Unit 1
  • Unit Kitchen: 126
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Hot Wtr Gas
  • Unit Type Type: 4 Bedroom Or More
Unit 2
  • Unit Kitchen: 126
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 4 Bedroom Or More

Property History for 539 East 53rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 539 East 53rd Street

Taxable ValueLand$34,300Additions$250,000Total$284,300
Tax Record2023$6,744 ($562 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt3,240 SqFtAbove Grade Finished SqFt3,240 SqFtStories2Lot Size8,581 SqFtStyleSingle Family ResidenceYear Built1924CountyMARIONAPN49-06-12-108-002.000-801Fireplace TypeHas Fireplace

Schools near 539 East 53rd Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
James Whitcomb Riley School 43
PublicPK to 8

Arsenal Technical High School
Public9 to 12

Center for Inquiry School 70
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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539 East 53rd Street is a multi-family home for sale in Indianapolis, IN 46220. This property was listed for sale on October 7, 2023 by Lickliter Realty Services LLC, it's currently listed at $645,000. This listing's school district is Indianapolis Public Schools. Nearby schools include James Whitcomb Riley School 43, George Washington Community High School (9-12) and Arsenal Technical High School. 539 East 53rd Street is a 0-bed, 0-bath, multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lickliter Realty Services LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.