5245 E  Edgewood Ave, Indianapolis, IN 46237
Property image
Property image
FOR SALE
1.36 ACRES

5245 E Edgewood Ave
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 1 Bath
  • 1,057 sqft (on 1.36 acres)

$249,900

Est. Mortgage $1,545/mo*

$249,900

Est. Mortgage $1,545/mo*
3 Beds
1 Bath
1,057 sqft
(on 1.36 acres)
We estimate this home will sell faster than 94% nearby.

Local Information

  • Map ViewExplore the area around 5245 E Edgewood Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Fantastic opportunity for a piece of country life! Over an acre of property with room for animals and more! Livestock barn is 34 x 15 ! Updated 3 bedroom ranch with extras. Very nice presentation inside and out. Coffee bar , mud room , newer kitchen updates, laminated flooring for easy maintenance. Well and septic so there's no monthly fees. No home owner associations - only your desires! The lot is gorgeous and has mature trees and lots of nature to take in. Come see the possibilities for your own mini farm!
We estimate this home will sell faster than 94% nearby.

Home Highlights

Parking
No Info
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$236
Listed
17 days ago

Home Details for 5245 E Edgewood Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room, Mud 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: 1057 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFencing: Fenced, PartialFoundation: Slab
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,None
Farm & Range
Horse Amenities: Barn

Days on Market

Cumulative Days on Market: 3Days on Market: 17

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl With StoneNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491510109005000300

Price & Status

Price
List Price: $249,900Price Per Sqft: $236
Status Change & Dates
Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
High School District: Franklin Township Com Sch Corp

Agent Information

Listing Agent
Listing ID: 22110073

Building

Building Area
Building Area: 1057 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.36 Acres

Miscellaneous

Mls Number: 22110073
Last check for updates: about 7 hours ago
Listing Provided by: Doug Davis
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID, MLS#22110073

Market trends in Indianapolis

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

Price History for 5245 E Edgewood Ave

DatePriceEventSource
06/24/2026$249,900Listed For SaleMIBOR as distributed by MLS GRID #22110073
06/07/2021$158,000Sold
N/A
05/15/2017$143,900ListingRemovedAgent Provided
02/24/2017$143,900Listed For SaleAgent Provided
09/28/2011$159,900ListingRemovedAgent Provided
08/05/2011$159,900Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$1,418
Assessment$170,300
Home facts updated by county records

Comparable Sales for 5245 E Edgewood Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.66
Single-Family Home
$245,000
05/12/26
3
1
1,084
0.16
Single-Family Home
$446,000
07/17/25
3
3
2,487
0.56
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
0.37
Single-Family Home
$286,000
05/12/26
4
2
2,856
0.38
Single-Family Home
$245,000
04/02/26
3
2
1,104
0.17
Single-Family Home
$390,000
06/18/26
3
2
1,897
0.71
Single-Family Home
$157,000
03/06/26
3
1
936
0.66
Single-Family Home
$208,000
06/25/26
3
1
1,282

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 5245 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 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

  • 44 % 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.
  • 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

Doug Davis, RE/MAX Advanced Realty
Based on information submitted to the MLS GRID as of 2026-07-11 07:28:18 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
5245 E Edgewood Ave, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 1,057 sqft single-family home built in 1959. 5245 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 Jun 24, 2026. The MLS # for this home is MLS# 22110073.