5159 E Edgewood Ave
Indianapolis, IN 46237
South Emerson- 3 Beds
- 1 Bath
- 960 sqft (on 1.50 acres)
3 Beds
1 Bath
960 sqft
(on 1.50 acres)
Home Highlights
Parking
Garage
Climate Control
Heating only
Price/Sqft
$234
Listed
109 days ago
Local Information
-- mins to
About this House
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 Details for 5159 E Edgewood Ave
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MLS Status: Pending |
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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 |
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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 |
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Cumulative Days on Market: 98Days on Market: 109 |
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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 |
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Price List Price: $225,000Price Per Sqft: $234 |
Status Change & Dates Off Market Date: Wed Jul 29 2026Possession Timing: Close Of Escrow |
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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 |
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Listing Agent Listing ID: 22097547 |
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Building Area Building Area: 960 Square Feet |
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No HOA |
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Lot Area: 1.5 Acres |
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Mls Number: 22097547 |
Last check for updates: about 6 hours ago
Listing Provided by: Mukul Khanna
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID, MLS#22097547

Also Listed on MIBOR as distributed by MLS GRID.
Market trends in Indianapolis
Last updated June 2026
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
Price History for 5159 E Edgewood Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2026 | $225,000 | Pending | MIBOR as distributed by MLS GRID #22097547 |
| 06/26/2026 | $225,000 | PriceChange | MIBOR as distributed by MLS GRID #22097547 |
| 06/15/2026 | $239,900 | PriceChange | MIBOR as distributed by MLS GRID #22097547 |
| 05/19/2026 | $249,900 | PriceChange | MIBOR as distributed by MLS GRID #22097547 |
| 05/07/2026 | $280,000 | PriceChange | MIBOR as distributed by MLS GRID #22097547 |
| 04/24/2026 | $299,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22097547 |
| 10/15/2025 | $199,000 | ListingRemoved | MIBOR as distributed by MLS GRID #22042480 |
| 08/12/2025 | $199,000 | PriceChange | MIBOR as distributed by MLS GRID #22042480 |
| 07/31/2025 | $225,000 | PriceChange | MIBOR as distributed by MLS GRID #22042480 |
| 07/28/2025 | $249,900 | PriceChange | MIBOR as distributed by MLS GRID #22042480 |
| 06/02/2025 | $260,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22042480 |
| 03/20/2018 | $160,000 | Sold | N/A |
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New Listings near 5159 E Edgewood Ave
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
0.59 | Single-Family Home | $245,000 | 05/12/26 | 3 | 1 | 1,084 | |
0.57 | Single-Family Home | $183,000 | 03/06/26 | 3 | 1 | 936 | |
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 | |
0.43 | Single-Family Home | $286,000 | 05/12/26 | 4 | 2 | 2,856 | |
0.41 | Single-Family Home | $280,000 | 07/17/26 | 3 | 2 | 2,240 | |
0.77 | Single-Family Home | $162,000 | 06/22/26 | 3 | 1 | 1,056 | |
0.76 | Single-Family Home | $194,900 | 07/28/26 | 3 | 1 | 912 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5159 E Edgewood Ave.
What Locals Say about South Emerson
At least 85 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
74 % Say yards are well-kept
69 % Say there are sidewalks
68 % Say there's holiday spirit
62 % Say it's quiet
50 % Say neighbors are friendly
50 % Say people would walk alone at night
45 % Say it's walkable to grocery stores
42 % Say there's wildlife
35 % 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
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5159 E Edgewood Ave
- What is the estimated monthly payment for 5159 E Edgewood Ave?Based on a $225,000 list price with 20% down at today's rates, the estimated monthly payment for 5159 E Edgewood Ave in Indianapolis, IN is approximately $1,441 (about $1,186 principal & interest, $180 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 5159 E Edgewood Ave compare to homes in Indianapolis?5159 E Edgewood Ave in Indianapolis, IN is listed at $225,000, about 7% below the $243K median sale price in Indianapolis.
- What do residents say about the South Emerson neighborhood?Residents describe the South Emerson neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in South Emerson, Indianapolis.
- What are the closest schools to 5159 E Edgewood Ave?The closest schools to 5159 E Edgewood Ave in Indianapolis, IN are Bunker Hill Elementary School (rated 5/10), Edgewood Intermediate School (Elementary, rated 5/10), Franklin Central High School (rated 9/10).
- How big is the lot at 5159 E Edgewood Ave?The lot at 5159 E Edgewood Ave in Indianapolis, IN is about 1.5 acres.
- Does 5159 E Edgewood Ave have a garage?Yes, 5159 E Edgewood Ave in Indianapolis, IN has a garage.
Mukul Khanna, RE/MAX Advanced Realty

Based on information submitted to the MLS GRID as of 2026-08-11 01:38:14 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.

