5147 E 16th Street
Indianapolis, IN 46218
Map
- – beds
- – baths
- – sqft
- 12,066 sqft lot
- 1948 build
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
Last checked:
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Last updated Jun 13, 2025
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MLS# 22041285 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1948
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New Construction:false
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Architectural Style:Ranch
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Levels:One
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Basement:true
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Basement:Daylight/Lookout Windows
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.788581
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Longitude:-86.081636
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Attached:false
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Parcel Number:490734136011000701
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Acres:1/4-1/2 Acre
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Lot Features:Corner Lot, Mature Trees
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Lot Size Acres:0.28
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Lot Size SqFt:12,066 Sqft
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Price Per Acre:964286
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Structure Type:Duplex
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Fencing:Partial, Privacy
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Fence:Yes
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Current Use:Residential
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Road Access:Street Cuts
Listing Agent
- Contact info:
- Agent phone:
- (317) 512-0865
- Office phone:
- (317) 462-5533
Taxes
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Tax Lot:15
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Tax Year:2024
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Semi Annual Property Tax Amt:1726
Utilities
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Solid Waste:No
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Justus 16th St Add
Parking
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Parking:1 Car Space,2 Car Garage
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Parking Features:Detached
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Garage Spaces:2
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/10/25
Jun 10, 2025
|
Price Changed | MIBOR | $270,000 | -3.6% |
|
6/10/25
Jun 10, 2025
|
Price Changed | MIBOR | $280,000 | 3.7% |
|
6/10/25
Jun 10, 2025
|
Price Changed | MIBOR | $270,000 | -3.6% |
