1 bed592 sqft$167/sqft
5127 Rowney St, Indianapolis, IN 46203
Est: $698/moGet pre-approved

Description

Charming & Affordable Indianapolis Home Welcome to 5127 Rowney St, a cozy 1-bedroom, 1-bathroom home offering 592 sq. ft. of comfortable living space on a desirable corner lot in Emerson Place. Built in 1925, this single-level home features a functional layout with a spacious family room, eat-in kitchen, and convenient in-unit laundry. The kitchen includes an electric range, refrigerator, dishwasher, microwave hood, and garbage disposal. The detached 1-car garage provides valuable additional parking...Charming & Affordable Indianapolis Home Welcome to 5127 Rowney St, a cozy 1-bedroom, 1-bathroom home offering 592 sq. ft. of comfortable living space on a desirable corner lot in Emerson Place. Built in 1925, this single-level home features a functional layout with a spacious family room, eat-in kitchen, and convenient in-unit laundry. The kitchen includes an electric range, refrigerator, dishwasher, microwave hood, and garbage disposal. The detached 1-car garage provides valuable additional parking and storage. The home offers municipal water and sewer, central electric cooling, and a combination of electric and gas heating. Situated on approximately 0.15 acres, this property presents an excellent opportunity for a first-time buyer, downsizer, investor, or rental-property owner. Conveniently located in Indianapolis with easy access to everyday amenities and transportation. Priced at $99,000-an opportunity worth exploring!
LISTING UPDATED: 08/20/2026 06:23 PM

  1. Listed by Raveendran Dudhlur • Forthright Real Estate
    P: (317) 989-2165 C: (317) 792-0340 frontlineindyhomes@gmail.com
  2. Listed by Prasanth Dudhlur • Forthright Real Estate
    P: (317) 722-7958 pdudhlur@gmail.com

Property Details for 5127 Rowney Street

Status
MLS #
22121549
Days on Market
1
Taxes
$1,167 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1925
Lot Size
0.15 AC / 6,534 SF
Architectural Style
Traditional
Subdivision Name
Emerson Place
Township
Warren

Location

Listing Courtesy of Forthright Real Estate
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Building Information for 5127 Rowney Street

Stories-Year Built1925Building Size-Lot Size0.15 AC / 6,534 SF

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$698 per month

30 year fixed, 6.55% Interest

Principal and Interest

$503

Property Taxes

$195

HOA Dues

$0

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Property Information for 5127 Rowney Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46203
  • Postal Code Plus4: 3742
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491015108075000700
  • Semi Annual Property Tax Amt: 1167
  • Tax Year: 2025
  • TaxLot: 30
School Information
  • School District: MSD Warren Township
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 352
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 6490.0
  • Lot Size Acres: 0.15
  • Main Level SqFt: 592
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 592.0
  • Sq Ft Total: 592.0
  • Year Built Numeric: 1925
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Emerson Place L30
  • Photos Count: 11
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Areas Interior: Bedroom Other on Main,Laundry in Unit
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Family Room
  • Fireplaces Total: 0
  • Heating: Baseboard, Electric, Natural Gas
  • Interior Features: Attic Access, Eat-in Kitchen
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Room List: Primary Bedroom, Kitchen, Family Room
  • Room and Features: Primary Bedroom-Main, Kitchen-Main, Family Room-Main
  • Main Level Bedrooms: 1
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 3
  • Rooms Total MU: 3
  • Total Rooms: 3
Room 1
  • Room Level: Main
  • Room Dimensions: 10x08
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 10x13
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 12x14
  • Room Type: Family Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 1
  • Bedrooms MU: 1
  • Bedrooms Total: 1

Property History for 5127 Rowney Street

DateEvent & SourcePriceAppreciation
Aug 20, 2026

Listed (Active)

MIBORMLS #22121549

$99,000
Nov 5, 2018

Sold (Public Record)

Public Record #634159527

$42,000
DateEvent & SourcePrice
08/20/2026

Listed (Active)

MIBORMLS #22121549

$99,000
11/05/2018

Sold (Public Record)

Public Record #634159527

$42,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5127 Rowney Street

Taxable ValueLand$10,900Additions$24,500Total$35,400
Tax Record2024$814 ($68 / month)
Home Facts
Beds1Total Finished SqFt592 SqFtAbove Grade Finished SqFt592 SqFtStories1Lot Size6,490 SqFtStyleSingle Family ResidenceYear Built1925CountyMARIONAPN49-10-15-108-075.000-700

Schools near 5127 Rowney Street

This home is within M S D Warren Township.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Lowell Elementary School
PublicK to 4

Raymond Park Middle School (7-8)
Public5 to 8

Warren Central High School
Public9 to 12

Warren Online Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5127 Rowney Street is a single family home for sale in Indianapolis, IN 46203. This property was listed for sale on August 20, 2026 by Forthright Real Estate, it's currently listed at $99,000. It has been on the market for a total of 1 days and was last sold on November 5, 2018. This listing's school district is M S D Warren Township. Nearby schools include Lowell Elementary School, Raymond Park Middle School (7-8) and Warren Central High School. 5127 Rowney Street is a 1-bed, 1-bath, 592 sqft single family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Forthright Real Estate

Based on information submitted to the MLS GRID as of 08/20/2026 06:23 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.