$675,000
8 Beds
5 Baths
539 E 53rd St, Indianapolis, IN 46220
Est. Mortgage $4,092/mo*
Get Pre-QualifiedHome Highlights
Climate Control
Forced Air, Natural Gas & Central Air
Listed
3 days ago
Local Information
- Map ViewExplore the area around 539 E 53rd St.
- Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
539 E 53rd , INDIANAPOLIS, IN 46220 TURN-KEY INCOME-PRODUCING DUPLEX | $675,000 | ESTABLISHED RENTAL HISTORY LOCATION! LOCATION! LOCATION! Rare opportunity to acquire a high-end duplex with 26 years of rental history in a highly desirable Indianapolis location. This exceptional property offers approximately 4040 finished square feet on a 8590 sq ft corner lot, with two spacious residential units, surrounded by Million dollar homes .Enjoy a quiet residential setting with convenient access to Broad Ripple and Downtown Indianapolis. The property is walkable to Broad Ripple/Monon Trail and approximately 15 minutes from Downtown Indianapolis, offering easy access to restaurants, shopping, entertainment, parks, major employment centers, and city amenities. The property has been continuously rented for 26 years, offering an investor the opportunity to purchase an established income-producing asset with a proven rental track record. The current owners are retiring and selling multiple properties. 1 side features 5 bedrooms and 2.5 bathrooms, other side 4 Bedrooms and 2 bathrooms. with hardwood floors throughout and finished basements. Each unit a has wood burning fireplace, with surrounding built in bookcases. Each side has a large screened front porch. Each basement includes a bedroom with an egress window, a full bathroom, bonus room providing valuable additional living space. Both sides of the duplex have fenced in yards. Both sides have central air conditioning. Gas furnace/hot water heater. The property is offered turn-key, including all stainless steel kitchen appliances, 2 sets of washers/dryers Annual Rent: $62,400.00 53rd side is $2500.00/mo ( + $30.00 for pet ) 5268 park side is $2700.00/mo ANNUAL Property Taxes: $6746.00 Annual Insurance: $1582.00. Seller financing is not available
Last check for updates: about 4 hours ago
Listing Provided by: Lisa Meulbroek, (317) 514-6183
Liberty Real Estate, LLC.
Chris Meulbroek, (317) 372-5059
Liberty Real Estate, LLC.
Source: MIBOR as distributed by MLS GRID, MLS#22122959
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 539 E 53rd St
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MLS Status: Active |
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Interior Details Basement: Egress Window(s),Finished |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 5Number of Bathrooms (main level): 9 |
Appliances & Utilities Laundry: In Basement |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: ShingleFencing: Fenced, Partial |
Parking & Garage Other Parking: Unit Parking(On Street) |
Frontage Road Frontage: City Street, Frontage RoadRoad Surface Type: Concrete |
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Cumulative Days on Market: 3Days on Market: 3 |
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Year Built Year Built: 1924 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Craftsman |
Building Construction Materials: Brick, Wood SidingNot a New ConstructionAttached To Another Structure |
Property Information Condition: Updated/RemodeledParcel Number: 490612108002000801 |
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Price List Price: $675,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Mengs Park Ave |
School Information High School: Shortridge High SchoolHigh School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22122959 |
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Lot Area: 8712 sqft |
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Special Conditions: Sales Disclosure On File |
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BasementMls Number: 22122959 |
Around this home
- Charles Warren Fairbanks School 105
- PK-5
- Public
- 398 Students
4/10GreatSchools RatingParent Rating AverageThis is a horrible school my child was bullied non stop by children and she is only in kindergarten, the teachers have no control over the students , they don’t take bullying serious and academically it’s horrible . They’re more concerned about attendance than the well being of the child. If I would have known about this site before enrolling I would have never allowed my kids to be apart of this place . My poor child has been through hell. It needs to be shut down it’s full of unloving children. In the teachers are not skilled at what they do they will hire anyone just fill the position, the people in this place are not passionate about teaching . It’s so sad .Parent Review4y ago - Eliza A. Blaker School 55
- PK-5
- Public
- 301 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. - James Whitcomb Riley School 43
- PK-5
- Public
- 240 Students
4/10GreatSchools RatingParent Rating AverageIt is a great school and my son love itParent Review3y ago - Robert Lee Frost School 106
- PK-5
- Public
- 308 Students
3/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Rousseau McClellan School 91
- PK-5
- Public
- 506 Students
5/10GreatSchools RatingParent Rating Averageim a kid and i cant learn here but you make cool and nice friends hereParent Review4y ago
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Meridian Kessler
At least 74 Trulia users voted on each feature.
96 % Say it's dog friendly
94 % Say there are sidewalks
92 % Say yards are well-kept
86 % Say parking is easy
85 % Say it's walkable to restaurants
84 % Say there's holiday spirit
82 % Say kids play outside
76 % Say streets are well-lit
76 % Say people would walk alone at night
73 % Say neighbors are friendly
72 % Say car is needed
68 % Say it's walkable to grocery stores
67 % Say they plan to stay for at least 5 years
63 % Say there are community events
51 % Say there's wildlife
46 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
Market trends in Indianapolis
Last updated July 2026
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
Home Value
Trulia Estimate
$638KSince last month
Increased$250K (+64.6%)Since last year
Increased$227K (+55.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +104% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $638K |
| July 2026 | $388K |
| June 2026 | $394K |
| May 2026 | $402K |
| April 2026 | $415K |
| March 2026 | $399K |
| February 2026 | $388K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Multi-Family Home | $575,000 | 07/01/26 | 7 | 4 | - | |
0.38 | Multi-Family Home | $479,000 | 12/01/25 | 6 | 2 | - | |
0.36 | Multi-Family Home | $315,000 | 04/13/26 | 2 | 2 | - | |
0.84 | Multi-Family Home | $500,000 | 12/12/25 | 5 | 4 | - | |
0.99 | Multi-Family Home | $460,000 | 06/15/26 | 6 | 4 | - | |
0.89 | Multi-Family Home | $350,000 | 10/03/25 | 6 | 2 | - | |
1.11 | Multi-Family Home | $465,000 | 07/09/26 | 6 | 3 | - | |
1.09 | Multi-Family Home | $50,000 | 03/09/26 | 6 | 6 | - | |
1.19 | Multi-Family Home | $455,000 | 09/26/25 | 4 | 4 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $341,000 | 2 | 1 | 1,917 | Recently Sold | |
0.02 | $598,100 | 3 | 2.5 | 2,298 | Off Market | |
0.03 | $1,002,800 | 4 | 3 | 3,225 | Off Market | |
0.06 | $792,000 | 4 | 2.5 | 3,680 | Off Market | |
0.06 | $637,000 | 3 | 2.5 | 2,722 | Off Market | |
0.03 | $809,200 | 4 | 3.5 | 3,160 | Off Market | |
0.06 | $461,800 | 3 | 2 | 1,904 | Off Market | |
0.08 | $483,900 | 3 | 1.5 | 1,880 | Off Market | |
0.08 | $559,900 | 3 | 1.5 | 2,268 | Off Market | |
0.06 | $392,600 | 2 | 2 | 1,945 | Off Market | |
0.09 | $463,200 | 3 | 2 | 2,210 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 28, 2026 Source: MIBOR as distributed by MLS GRID #22122959 | Listed For Sale | $675,000 |
Aug 12, 2025 Source: MIBOR as distributed by MLS GRID #21947440 | ListingRemoved | $645,000 |
Apr 12, 2024 Source: MIBOR as distributed by MLS GRID #21947440 | Listed For Sale | $645,000 |
Apr 6, 2024 Source: Zillow Rentals | ListingRemoved | |
Mar 1, 2024 Source: Zillow Rentals | Listed For Rent | $2,500 |
Mar 1, 2024 Source: MIBOR as distributed by MLS GRID #21947440 | ListingRemoved | |
Oct 7, 2023 Source: MIBOR as distributed by MLS GRID #21947440 | Listed For Sale | $645,000 |
May 2, 2022 Source: Zillow Rental Manager | ListingRemoved | |
Apr 12, 2022 Source: Zillow Rental Manager | Listed For Rent | $2,300 |
Apr 19, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Mar 31, 2021 Source: Zillow Rental Manager | Listed For Rent | $2,200 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Sep 24, 2019 Source: N/A | ListingRemoved | $2,200 |
Sep 16, 2019 Source: N/A | Listed For Rent | $2,200 |
Aug 13, 2019 Source: N/A | ListingRemoved | $2,200 |
Jun 8, 2019 Source: N/A | Listed For Rent | $2,200 |
Apr 12, 2019 Source: N/A | ListingRemoved | $2,200 |
Feb 22, 2019 Source: N/A | Listed For Rent | $2,200 |
Apr 30, 2018 Source: N/A | ListingRemoved | $2,200 |
Feb 20, 2018 Source: N/A | PriceChange | $2,200 Price increased by 5% |
Jan 28, 2018 Source: N/A | Listed For Rent | $2,100 |
Apr 13, 2017 Source: N/A | ListingRemoved | $2,000 |
Mar 18, 2017 Source: N/A | Listed For Rent | $2,000 |
Jan 23, 2016 Source: N/A | ListingRemoved | $2,000 |
Jan 16, 2016 Source: N/A | Listed For Rent | $2,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,746 | $343,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lisa Meulbroek, Liberty Real Estate, LLC.
Agent Phone: (317) 514-6183
Based on information submitted to the MLS GRID as of 2026-08-31 08:23:18 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
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Frequently asked questions about 539 E 53rd St
- What is the estimated monthly payment for 539 E 53rd St?Based on a $675,000 list price with 20% down at today's rates, the estimated monthly payment for 539 E 53rd St in Indianapolis, IN is approximately $4,176 (about $3,561 principal & interest, $540 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 539 E 53rd St compare to homes in Indianapolis?539 E 53rd St in Indianapolis, IN is listed at $675,000, about 169% above the $251K median sale price in Indianapolis.
- What do residents say about the Meridian Kessler neighborhood?Residents describe the Meridian Kessler neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Meridian Kessler, Indianapolis.
- What are the closest schools to 539 E 53rd St?The closest schools to 539 E 53rd St in Indianapolis, IN are Arlington Community Middle School (rated 2/10), Arsenal Technical High School (rated 2/10), Broad Ripple Middle School - An IB World School (rated 3/10).
- Does 539 E 53rd St have air conditioning?Yes, 539 E 53rd St in Indianapolis, IN has air conditioning.
- Does 539 E 53rd St have laundry facilities?Yes, 539 E 53rd St in Indianapolis, IN has laundry facilities.
539 E 53rd St, Indianapolis, IN 46220 is a 8 bedroom, 5 bathroom multi-family built in 1924. 539 E 53rd St is located in Meridian Kessler, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 28, 2026. The MLS # for this home is MLS# 22122959.