5147 E 16th St, Indianapolis, IN 46218
OFF MARKET

5147 E 16th St
Indianapolis, IN 46218

Eastside
  • 4 Beds
  • 2 Baths

$254,100

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $1,570/mo*
Refinance Your Home

$254,100

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $1,570/mo*
Refinance Your Home
4 Beds
2 Baths
(on 0.28 acres)

Local Information

  • Map ViewExplore the area around 5147 E 16th St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

This cute all brick ranch Duplex with full basement offers up an Amazing income opportunity and/or live in one side and let a tenant live in the other side and help pay your mortgage. Detached 2-car garage and additional parking pad. Covered porches. Convenient location to all things in east Indianapolis with easy access to all major streets, highways and interstates. Enjoy the corner lot and Love where you live in this established and desirable neighborhood!
5147 E 16th St, Indianapolis, IN 46218 is a 4 bedroom, 2 bathroom multi-family in Eastside, built in 1948. It last sold for $218,000 on Apr 19, 2024 (5% below the $229,000 asking price). It is currently off market. The Trulia Estimate is $254,100, with a rent estimate of $1,209/month.

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5147 E 16th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,Full
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: Fenced, Partial, PrivacyFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Unit Parking(1 Car Space, 2 Car Garage)No CarportNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Road Frontage: Not ApplicRoad Surface Type: Asphalt

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 490734136011000701

Price & Status

Price
List Price: $229,000
Status Change & Dates
Off Market Date: Thu Mar 28 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Justus
School Information
High School District: Indianapolis Public Schools

Lot Information

Lot Area: 0.28 acres

Miscellaneous

BasementMls Number: 21969079
Last check for updates: about 1 hour ago
Listed by Randy Farrell, (317) 353-5766
CENTURY 21 Scheetz
Bought with: Michelle Collings, RE/MAX Realty Group
Source: MIBOR as distributed by MLS GRID, MLS#21969079

Price History for 5147 E 16th St

DatePriceEventSource
10/31/2025$260,000ListingRemovedMIBOR as distributed by MLS GRID #22041285
10/28/2025$260,000Listed For SaleMIBOR as distributed by MLS GRID #22041285
09/03/2025$260,000ListingRemovedMIBOR as distributed by MLS GRID #22041285
08/29/2025$260,000Listed For SaleMIBOR as distributed by MLS GRID #22041285
07/11/2025$260,000ListingRemovedMIBOR as distributed by MLS GRID #22041285
07/05/2025$260,000PriceChange
MIBOR as distributed by MLS GRID #22041285
06/10/2025$270,000PriceChange
MIBOR as distributed by MLS GRID #22041285
06/03/2025$280,000PendingMIBOR as distributed by MLS GRID #22041285
06/01/2025$280,000PriceChange
MIBOR as distributed by MLS GRID #22041285
05/27/2025$290,000Listed For SaleMIBOR as distributed by MLS GRID #22041285
04/19/2024$218,000Sold
MIBOR as distributed by MLS GRID #21969079
03/28/2024$229,000PendingMIBOR as distributed by MLS GRID #21969079
03/27/2024$229,000PendingToActiveMIBOR as distributed by MLS GRID #21969079
03/18/2024$229,000PendingMIBOR as distributed by MLS GRID #21969079
03/18/2024$229,000Listed For SaleMIBOR as distributed by MLS GRID #21969079
05/15/2008$75,718Sold
N/A

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
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Property Tax and Assessment

Year2025
Tax$3,080
Assessment$249,100
Home facts updated by county records

Comparable Sales for 5147 E 16th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5248 E 10th St, Indianapolis, IN
0.48
Multi-Family Home
$248,000
07/30/25
4
2
-
1251 N Emerson Ave, Indianapolis, IN
0.31
Multi-Family Home
$197,000
07/22/25
2
2
-
1010 N Irvington Ave, Indianapolis, IN
0.52
Multi-Family Home
$210,000
11/26/25
4
2
2,333
5744 E 18th St, Indianapolis, IN
0.72
Multi-Family Home
$210,000
01/20/26
4
2
-
5703 E 17th St, Indianapolis, IN
0.63
Multi-Family Home
$290,000
09/24/25
4
2
-
5201 E 10th St, Indianapolis, IN
0.50
Multi-Family Home
$265,000
10/31/25
6
3
-
937 N Bancroft St, Indianapolis, IN
0.53
Multi-Family Home
$217,000
06/02/26
3
1
-
5302 E Saint Joseph St, Indianapolis, IN
0.58
Multi-Family Home
$250,000
06/11/26
2
3
-
802 N Bancroft St, Indianapolis, IN
0.68
Multi-Family Home
$290,000
02/20/26
3
2
-

Nearby homes

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Assigned Schools

These are the assigned schools for 5147 E 16th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Eastside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Eastside

At least 58 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say parking is easy

  • 76 % Say it's dog friendly

  • 75 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 57 % Say there are sidewalks

  • 52 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 45 % Say it's walkable to restaurants

  • 42 % Say streets are well-lit

  • 41 % Say there's wildlife

  • 40 % Say it's quiet

  • 36 % Say people would walk alone at night

  • 34 % Say it's walkable to grocery stores

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jennifer Leeds Byerly
    "Close community that really watches out for each other and animals in the area. Deep sense of pride in this area"
    0
    Flag
  • Unspecified
    "We play outside play in backyard movie night game night fun night every night sleepovers left to walk the dogs"
    0
    Flag
  • Trulia User
    "It has great people, good food, and feels like a small city of its own. You don’t have to go far to get what you need and there are lots of unique one of a kind places to eat and shop. "
    7
    Flag
  • Trulia User
    "it's a pretty good place to live and maybe they have there on way to describe how this neighborhood is but I love this neighborhood it's a great place to call home they have everything from the church and play ground for the children and they just built a youth center I think that's awesome for all our children in Arlington woods community great place for all ."
    0
    Flag
  • Trulia User
    "There is a pocket of several square blocks around our central location which is almost crime-free. It makes living here comfortable. In addition, there is a diner just two blocks away we really love, Steer Inn."
    10
    Flag
  • Trulia User
    "Love the farmers market on Wednesdays, they have wonderful vendors and great products … we go every Wednesdays 😀"
    0
    Flag
  • Trulia User
    "Irvington is a wonderful community full of mixed nationalities and backgrounds. I feel safe and at home here in Irvington where I’ve lived since I was 13"
    0
    Flag
  • Trulia User
    "Our neighborhood is so quite and nice to walk in the evenings… we love how close we are to restaurants and shopping "
    0
    Flag
  • Trulia User
    "This area has such great little shops and places to eat I’m things to do tons of parks and a wonderful neighborhood to walk your doggies "
    0
    Flag
  • Tabitha D. B. .
    "Commute is pretty moderate and manageable unless it’s rush hour and then you have congestion mostly near the highway ramps and that’s it"
    2
    Flag
  • William B.
    "Symphony at the park, local yard sales and the ability to walk down the street safely. My kids play in the yard daily. "
    2
    Flag
  • Tony G.
    "the people are friendly and look out for one another. it's a fairly safe neighborhood. it's also centrally located"
    15
    Flag
  • Trulia User
    "it's a nice neighborhood depending on what street you are on. it could be very nice in one are like mine is or you could go up a few streets and it's very bad and very different."
    2
    Flag
  • Amy C.
    "This area is full of history, full of a caring community members. close to downtown , biking trails. "
    5
    Flag
  • Amanda S.
    "Irvington isn’t far nice for walks Halloween festival is awesome Nice shops too walk too nice Neighbors are good and look out as well "
    2
    Flag
  • Camille M.
    "this neighborhood is clean and quiet. you do see alot of people walking their dogs. everyone seems friendly."
    3
    Flag
  • Anmjones
    "Ellenberger Park. Low crime. Fantastic tight-knit, neighbors. Unofficial neighborhood watch, basically everyone looks out for their neighbor’s property and well-being. Responsive policing. Near the hospital, quick drive to all parts of town and cultural events. Thriving new businesses and restaurants. "
    17
    Flag
  • Cheryl
    "I just got neighbors on one side we speak when we see each other they Mexican I can't understand them sometimes"
    7
    Flag
  • Jake_beck
    "We’ve been here five years. We like the small town feel and quick drive to downtown. We know our neighbors and are involved in. Our community. "
    14
    Flag
  • Mary M.
    "Ellenberger Park is close by and there are bike lanes on the main streets which makes bike travel safer"
    0
    Flag
  • Lylefrogers
    "there are families that there with great parking areas to park and for the kids to play i love it here and wanna stay awhile"
    0
    Flag

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Homes for sale near 5147 E 16th St

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Off Market Homes Near 5147 E 16th St

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Based on information submitted to the MLS GRID as of 2026-07-08 08:38:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information