$260,000

5147 E 16th Street, Indianapolis, IN 46218

Duplex
Built in 1948
0.28acre lot
2 car garage
$——/sqft
Listed 5 months ago

Property Description

Extensively Updated Duplex - Great Investment Opportunity! This well-maintained duplex features two separately metered units (1535 & 5147) and has seen over a decade of thoughtful updates and investments. Whether you're an investor or an owner-occupant, this property offers solid value and peace of mind with major improvements already completed. Major Updates Include: * 2023: New water heater (1535 side). * 2022: Trees professionally trimmed along the back of the property (from 30' to 14'). * 2020: New sidewalks for both units and a parking pad added for 5147 New gutters (1535 & 5147 front). * 2018: Side door added to garage from 1535 backyard. * 2017: Complete renovation of 1535 unit including kitchen, bath, flooring, lighting, appliances (fridge & dishwasher replaced again in 2022), and a fully updated bonus room in the basement. New garage door opener (right side), new steel/security doors. * 2017: New security door on 5147. Metal/vinyl soffit and trim installed on all sides. * 2014: New furnace and central air for both units * 2014: New laminate flooring in living/dining area (5147). * 2012/2013: New water line from street to 5147 unit with cleanout * 2009/2010: New windows throughout both units * 2008: Full renovation after purchase - new tile in kitchens and baths, PEX plumbing, new kitchen (5147), new fencing, new garage doors * 2007: Roof replaced prior to purchase. Appliances Included: * 1535: Gas stove, refrigerator, microwave, dishwasher, washer & dryer. * 5147: Electric stove, refrigerator

Listing Status:: Active
Listing Office:: RE/MAX Realty Group : 317-512-0865
Listing Agent:: Michelle Collings : 317-512-0865
MLS ID:: 22041285

Basement: Daylight
A/C: Central Air

Style: Ranch
Parking: Detached

General: One

Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: Justus 16th St Add L15490734136011000701
Fencing: PartialPrivacy
Current Use: Residential

Source: mibor

This listing courtesy of Michelle Collings, RE/MAX Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Anna Brochhausen Elementary School 88

5801 E 16th St, Indianapolis, IN, 46218

Grades KG-6

0.70 miles away

H. L. Harshman Magnet Middle School

1501 E 10th St, Indianapolis, IN, 46201

Grades 7-8

2.75 miles away

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

2.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.