539 E 53rd Street, Indianapolis, IN 46220

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
539 E 53rd Street,Indianapolis, IN 46220
$655,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lisa meulbroek, chris meulbroek
Office: liberty real estate, llc.
MLS#:22122959
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$655,000

About this home

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...

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Home facts

  • Year built:1924
  • Subdivision & Development:Mengs Park Ave
  • Listing ID #:22122959
  • Added:61 day(s) ago
  • Updated:October 28, 2026 at 08:44 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Egress Window(s), Finished

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1924
  • Lot area:0.2 Acres
  • Lot Features:Corner Lot, Curbs, Mature Trees, Sidewalks
  • Architectural Style:Craftsman
  • Construction Materials:Brick, Wood Siding

Schools

  • High school:Shortridge High School

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$655,000
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