This 6.68 acres incudes 2 homes. The 5815 S Emerson Parcel is zoned CS ( some C-3 uses and assisted living uses) The 5829 S Emerson is zoned DA. Both homes are being sold in AS IS condition and rented currently. 5815 rent is $1,000 per month and 5859 is $1,100 per month. Subject to Tenants rights. Great location for assisted living and other light commercial uses. Both homes connected to city water & sanitary sewer.
Sold
$560,000
5815 S Emerson Ave, Indianapolis, IN 46237
--beds
--baths
6.68Acres
Unimproved Land
Built in ----
6.68 Acres Lot
$-- Zestimate®
$--/sqft
$1,174 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,174/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
David Baird 317-862-4112,
OK Baird, LLC
Bought with:
Maria Lasher
F.C. Tucker Company
Christina Hodgeson
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 21944117
Facts & features
Property
Lot
- Size: 6.68 Acres
- Features: Not In Subdivision, Sidewalks, Zoned, City, Rectangle
- Topography: Level
Details
- Additional structures: Tenant House
- Additional parcels included: 3003293
- Parcel number: 491503159006000300
- Zoning: CS (C3 and C1 uses)
- Zoning description: Commercial
- Special conditions: None
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water on Site
Community & HOA
Community
- Features: None
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $166,900
- Annual tax amount: $3,620
- Date on market: 9/21/2023
- Cumulative days on market: 61 days
- Listing terms: Sell Entity
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2023 | Sold | $560,000+24.4% |
Source:  MIBOR as distributed by MLS GRID #21944117 Report a problem | ||
| 4/10/2020 | Listing removed | $450,000 |
Source: Keller Williams Indy Metro S #21686542 Report a problem | ||
| 12/20/2019 | Listed for sale | $450,000 |
Source: Keller Williams Indy Metro S #21686542 Report a problem | ||
| 7/30/2017 | Listing removed | $895 |
Source: Owner Report a problem | ||
| 7/6/2017 | Listed for rent | $895+3.5% |
Source: Owner Report a problem | ||
| 2/4/2016 | Listing removed | $865 |
Source: Owner Report a problem | ||
| 1/5/2016 | Listed for rent | $865 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,050 -4.7% | $166,900 +9.4% |
| 2024 | $3,201 -2.7% | $152,500 |
| 2023 | $3,289 +16.6% | $152,500 |
| 2022 | $2,821 +3.7% | $152,500 +17.6% |
| 2021 | $2,721 +10.4% | $129,700 +4.4% |
| 2020 | $2,465 +8.5% | $124,200 +12.6% |
| 2019 | $2,272 -0.5% | $110,300 +9.5% |
| 2018 | $2,284 -1.9% | $100,700 +1% |
| 2017 | $2,329 +67.2% | $99,700 +1.3% |
| 2016 | $1,393 -4.5% | $98,400 -6.8% |
| 2014 | $1,458 -4.6% | $105,600 +0.1% |
| 2013 | $1,528 | $105,500 +0.5% |
| 2012 | $1,528 | $105,000 +0.1% |
| 2011 | -- | $104,900 |
| 2010 | $2,355 +0% | $104,900 |
| 2009 | $2,355 | $104,900 |
Find assessor info on the county website
Neighborhood: South Emerson
Nearby homes
- $234,5004 bd1 ba1.6k sqft5829 S Emerson Ave, Indianapolis, IN 46237Off Market
- $242,0002 bd2 ba2.3k sqft5727 S Emerson Ave, Indianapolis, IN 46237Sold
- $13,500-- bd-- ba-- sqft5901 S Emerson Ave, Indianapolis, IN 46237Off Market
- $3,7004 bd1 ba1.5k sqft5715 S Emerson Ave, Indianapolis, IN 46237Off Market
- $16,700-- bd-- ba-- sqft5715 S Emerson Ave, Indianapolis, IN 46237Off Market
- $479,0001.8 Acres5740 S Emerson Ave, Indianapolis, IN 46237Lot/Land
- $8,8004 bd1 ba2.5k sqft5735 S Emerson Ave, Indianapolis, IN 46237Off Market
- $144,2002 bd1 ba1.3k sqft5711 S Emerson Ave, Indianapolis, IN 46237Off Market
Nearby schools
GreatSchools rating
- 5/10Arlington Elementary SchoolGrades: K-3Distance: 0.9 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 5.4 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Middle: Franklin Central Junior High
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Indiana
- Marion County
- Indianapolis
- 46237
- South Emerson
- 5815 S Emerson Ave
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