5159 E  Edgewood Ave, Indianapolis, IN 46237
FOR SALE
1.5 ACRES

5159 E Edgewood Ave
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 1 Bath
  • 960 sqft (on 1.50 acres)

$280,000

Original price: $299,000
Est. Mortgage $1,675/mo*

$280,000

Original price: $299,000
Est. Mortgage $1,675/mo*
3 Beds
1 Bath
960 sqft
(on 1.50 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Come check out well-updated 3-bedroom, 1-bath home sitting on a spacious 1.5-acre lot, offering both comfort and privacy. This property features a detached 2-car garage and a long list of recent upgrades, including a new roof, new flooring throughout, new water heater, new gutters, and a new well pressure pump and tank. Inside, you'll find a bright and functional layout with baseboard heating and updated windows that bring in plenty of natural light. The home has been thoughtfully maintained and improved, making it move-in ready while still offering room to make it your own. Enjoy the open outdoor space with plenty of room for recreation, gardening, or future expansion. Conveniently located near the highway, this home offers easy access for commuting while still providing a peaceful, rural setting. A great opportunity for anyone looking for space, updates, and location all in one.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$292
Listed
14 days ago

Home Details for 5159 E Edgewood Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 960 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Water ConnectedAppliances: None
Heating & Cooling
Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Foundation: Other
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 15Days on Market: 14

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Condition: Updated/RemodeledParcel Number: 491510109011000300

Price & Status

Price
List Price: $280,000Price Per Sqft: $292
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
Jr High / Middle School: Franklin Community Middle SchoolHigh School: Franklin Community High SchoolHigh School District: Franklin Community School Corp

Agent Information

Listing Agent
Listing ID: 22097547

Building

Building Area
Building Area: 960 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.5 Acres

Miscellaneous

Mls Number: 22097547
Last check for updates: about 7 hours ago
Listing Provided by: Mukul Khanna
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID, MLS#22097547

Price History for 5159 E Edgewood Ave

DatePriceEventSource
05/07/2026$280,000PriceChange
MIBOR as distributed by MLS GRID #22097547
04/24/2026$299,000Listed For SaleMIBOR as distributed by MLS GRID #22097547
10/15/2025$199,000ListingRemovedMIBOR as distributed by MLS GRID #22042480
08/12/2025$199,000PriceChange
MIBOR as distributed by MLS GRID #22042480
07/31/2025$225,000PriceChange
MIBOR as distributed by MLS GRID #22042480
07/28/2025$249,900PriceChange
MIBOR as distributed by MLS GRID #22042480
06/02/2025$260,000Listed For SaleMIBOR as distributed by MLS GRID #22042480
03/20/2018$160,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$2,190
Assessment$132,900
Home facts updated by county records

Comparable Sales for 5159 E Edgewood Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$310,000
07/07/25
3
1.5
2,640
0.57
Single-Family Home
$183,000
03/06/26
3
1
936
0.45
Single-Family Home
$190,000
06/13/25
2
1
980
0.16
Single-Family Home
$446,000
07/17/25
3
3
2,487
0.43
Single-Family Home
$229,000
04/08/26
4
2
2,856
0.21
Single-Family Home
$279,000
12/04/25
3
2.5
1,948
0.39
Single-Family Home
$245,000
04/02/26
3
2
1,104
0.71
Single-Family Home
$157,000
03/06/26
3
1
936
0.55
Single-Family Home
$188,000
05/16/25
2
1
1,018

Assigned Schools

These are the assigned schools for 5159 E Edgewood Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South Emerson

At least 84 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 75 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 49 % Say people would walk alone at night

  • 44 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 34 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."

LGBTQ Local Legal Protections

Mukul Khanna, RE/MAX Advanced Realty
Based on information submitted to the MLS GRID as of 2026-05-08 03:22:55 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
5159 E Edgewood Ave, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 960 sqft single-family home built in 1950. 5159 E Edgewood Ave is located in South Emerson, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 24, 2026. The MLS # for this home is MLS# 22097547.