Amazing investment opportunity in a well established neighborhood. This nicely maintained all brick duplex would make a great addition to any portfolio whether you're a seasoned expert or a first time investor. Both 1 bed 1 bath units had new water heaters and HVAC systems recently updated. Seperately metered so tenants can pay all utilities. Start Summer of 2025 on a high note and put this one under contract! Professional property management group currently in place with seller.
Sold
$197,000
1251 N Emerson Ave, Indianapolis, IN 46219
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1941
-- sqft lot
$199,200 Zestimate®
$--/sqft
$1,208 Estimated rent
Home value
$199,200
$183,000 - $217,000
$1,208/mo
Zestimate® history
Owner options
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$1,208/mo
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$1,208/mo
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$1,315/mo
Est. payment
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$1,315/mo
Est. payment
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List your homeWhat's special
All brick duplexNew water heaters
Zillow last checked:
Listing updated:
Listed by:
Gabriel Lawless 317-513-2775,
Ever Real Estate, LLC
Bought with:
Ashley Short
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22034499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: In Basement
Features
- Basement: Daylight,Unfinished
Property
Parking
- Parking features: Detached
- Details: Unit Parking(On Street, Unpaved)
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Partial
Lot
- Size: 8,276 Square Feet
- Features: City Lot, Sidewalks, Mature Trees
Details
- Parcel number: 490734124006000701
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family, Duplex
Materials
- Brick
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1941
Community & HOA
Community
- Subdivision: Emerson Heights
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $208,800
- Annual tax amount: $1,568
- Date on market: 4/25/2025
- Cumulative days on market: 54 days
- Tenant pays: All Utilities
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $197,000-1.5% |
Source:  MIBOR as distributed by MLS GRID #22034499 Report a problem | ||
| 6/18/2025 | Pending sale | $199,900 |
Source: MIBOR as distributed by MLS GRID #22034499 Report a problem | ||
| 6/2/2025 | Price change | $199,900-2.5% |
Source: MIBOR as distributed by MLS GRID #22034499 Report a problem | ||
| 4/25/2025 | Listed for sale | $205,000+10.8% |
Source: MIBOR as distributed by MLS GRID #22034499 Report a problem | ||
| 9/13/2024 | Listing removed | $845 |
Source: Zillow Rentals Report a problem | ||
| 8/9/2024 | Price change | $845-5.6% |
Source: Zillow Rentals Report a problem | ||
| 7/18/2024 | Price change | $895-5.8% |
Source: Zillow Rentals Report a problem | ||
| 7/9/2024 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 6/21/2024 | Sold | $185,000-7.5% |
Source: MIBOR as distributed by MLS GRID #21972539 Report a problem | ||
| 4/30/2024 | Pending sale | $199,900 |
Source: MIBOR as distributed by MLS GRID #21972539 Report a problem | ||
| 4/29/2024 | Listed for sale | $199,900 |
Source: MIBOR as distributed by MLS GRID #21972539 Report a problem | ||
| 4/14/2024 | Pending sale | $199,900 |
Source: MIBOR as distributed by MLS GRID #21972539 Report a problem | ||
| 4/6/2024 | Listed for sale | $199,900+57.4% |
Source: MIBOR as distributed by MLS GRID #21972539 Report a problem | ||
| 7/13/2018 | Sold | $127,000 |
Source: MIBOR as distributed by MLS GRID #21560109 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,482 +2.6% | $208,800 +25.1% |
| 2024 | $2,418 +54.2% | $166,900 +0.7% |
| 2023 | $1,568 +0.1% | $165,700 +35.2% |
| 2022 | $1,566 +6.9% | $122,600 +0.2% |
| 2021 | $1,465 -0.8% | $122,400 +6.7% |
| 2020 | $1,477 +12.3% | $114,700 +0.9% |
| 2019 | $1,316 -39% | $113,700 +11.5% |
| 2018 | $2,155 +18.6% | $102,000 +3.6% |
| 2017 | $1,817 +4.1% | $98,500 +22.8% |
| 2016 | $1,744 +65.3% | $80,200 +10% |
| 2014 | $1,055 -49% | $72,900 -6.2% |
| 2013 | $2,068 | $77,700 -15.7% |
| 2012 | $2,068 | $92,200 +6.1% |
| 2011 | -- | $86,900 |
| 2010 | $1,807 -6.2% | $86,900 -3.9% |
| 2009 | $1,927 | $90,400 -9.5% |
| 2007 | -- | $99,900 -24.3% |
| 2006 | -- | $132,000 +28.8% |
| 2005 | -- | $102,500 |
| 2004 | -- | $102,500 |
| 2003 | -- | $102,500 +97.1% |
| 2002 | -- | $52,000 +199.9% |
| 2001 | -- | $17,340 |
| 2000 | -- | $17,340 |
Find assessor info on the county website
Neighborhood: Eastside
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Nearby schools
GreatSchools rating
- 3/10Anna Brochhausen School 88Grades: PK-5Distance: 0.8 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.8 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$199,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$199,200
- Indiana
- Marion County
- Indianapolis
- 46219
- Eastside
- 1251 N Emerson Ave
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