5435 South Emerson Avenue

Indianapolis, IN 46237

$200,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Redevelopment corner lot property located along a high visibility/high traffic roadway. 21,600+ VPD. Property is currently zoned D-7. Opportunities for multifamily development or potential commercial rezoning opportunities. Property is 40,119 sqft with excellent visibility from both Emerson Ave and Shelbyville Rd.Redevelopment corner lot property located along a high visibility/high traffic roadway. 21,600+ VPD. Property is currently zoned D-7. Opportunities for multifamily development or potential commercial rezoning opportunities. Property is 40,119 sqft with excellent visibility from both Emerson Ave and Shelbyville Rd.
  1. Listed by Wryan Harris • F.C. Tucker Company
  2. Listed by Wryan Harris • F.C. Tucker Company

Property Details for 5435 South Emerson Avenue

Subdivision Name
NO SUBDIVISION
Township
Franklin
Zoning
D7

Location

Listing Courtesy of F.C. Tucker Company

Sold By Esquire Real Estate Group LLC

Add your commute
LISTING UPDATED: 04/22/2022 09:33 AM

Property Details for 5435 South Emerson Avenue

StatusClosed
MLS #21731775
Days on Market439
Taxes$1,682 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeLand / Commercial Land
Year Built-
Lot Size0.90 AC / 39,204 SF
CountyMarion County

Location

Listing Courtesy of F.C. Tucker Company

Sold By Esquire Real Estate Group LLC

Add your commute

Building Information for 5435 South Emerson Avenue

Stories-Residences-Year Built-Lot Size0.90 AC / 39,204 SF

Payment Calculator

$1,372 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,091

Property Taxes

$280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5435 South Emerson Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: From I-465 take Exit 52. Head south, property is 1 mile on the left, the Northeast corner of Emerson Ave/Shelbyville Rd.
  • Driveway Type: Ramp1-3mi
  • Postal Code: 46237
  • Road Access: CityStreet
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Level
Taxes and HOA Information
  • Parcel Number: 491503150001000300
  • Semi Annual Property Tax Amt: 1682
  • Tax Exemption: MortageTaxExemption
  • Tax Year: 2020
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Current Use: Residential
  • Land Characteristics: Corner
  • Lot Number: 49150315
  • Lot Size: 40,119
  • Lot Size Acres: 0.9
  • MLS: MIBOR
  • New Construction: False
  • Number Of Lots: 1
  • Possible Use: CommMulTen, CommSglTen, Medical, Office
  • SqFt Main Upper: 0
  • Sq Ft Total: 0.0
Property and Assessments
  • Affected by Disclosures: 0
  • Development Status: NoStatus
  • Divisible: 0
  • Documents: Other
  • Photos Count: 4
  • Present Zoning: Multi-Fam,Single Family
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • SaleTerms: Cash
  • Supplement Count: 1
  • Type: Single Lot,SeeRemarks
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable,Electric,Gas,Sewer,Telephone,Water & Sewer
  • Facilities On: Electric,Gas,Sewer,Water & Sewer
  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0
  • Water: Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Improvements: None
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Rental
Rental Information
  • Existing Lease: 0

Property History for 5435 South Emerson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5435 South Emerson Avenue

Taxable ValueLand$29,300Additions$161,500Total$190,800
Tax Record2022$3,816 ($318 / month)
Home Facts
Beds3Total Finished SqFt1,630 SqFtAbove Grade Finished SqFt1,630 SqFtStories2Lot Size40,119 SqFtStyleSingle Family ResidenceYear Built1961CountyMARIONAPN49-15-03-150-001.000-300Fireplace TypeMasonry

Schools near 5435 South Emerson Avenue

This home is within Franklin Township Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Public - K to 3
Rating
School
Distance
Arlington Elementary School
PublicK to 3

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

Bunker Hill Elementary School
PublicK to 3

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker Company

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.