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$225,000

Listing Price

2beds

1baths

960sqft

65,340sqft lot

5159 E Edgewood Ave, Indianapolis, IN 46237

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

234.38

Price / sqft

1950

Year built

Home Details

Investor Special - Prime 1.5 Acre Opportunity in Sought-After Location! Unlock the potential of this uninhabitable home situated on a spacious 1.5-acre lot in one of the area's most desirable and well-connected neighborhoods. Just minutes from major shopping centers, restaurants, and everyday conveniences, this property offers an unbeatable location with endless upside. The existing structure is in need of a full rehab or tear-down, making it the perfect canvas for your next renovation project or new construction. Highlights: 1.5 acres of level, usable land Close to retail, dining, and amenities Excellent investment or development potential Highly desirable neighborhood with strong demand Bring your plans, your vision, and make the most of this diamond in the rough. Opportunities like this don't come around often-schedule your viewing today!

Interior Details

Square Feet
  • 960

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 65340

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,701

$33,100

$48,700

--%

$81,800

2019

$1,701

$28,100

$48,700

--%

$76,800

2018

$1,657

$28,100

$46,700

--%

$74,800

2017

$1,643

$28,100

$46,200

--%

$74,300

2016

$1,646

$28,100

$46,500

--%

$74,600

2013

$1,519

$25,300

$48,100

--%

$73,400

2012

$1,504

$25,300

$48,100

--%

$73,400

2011

$737

$25,300

$46,800

--%

$72,100

percent-home-icon

Average Home Price in 46237

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$245,267

3 Beds

-- Baths

1,057 Sqft

59,242 Lot (sqft)

Sold 10/13/2026

$245,887

3 Beds

1.5 Baths

1,104 Sqft

10,800 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
225,000
$
Down payment
45,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,350
$
HOA (Monthly)
0
$
PMI
0
$
$1,456
Your Payment
Total Monthly Payment:$1,456
Percent of Income:25%
Affordable:Yes

Details for 5159 E EDGEWOOD AVE

Property Debt

Foreclosure Contact Details