Off Market1113d on market
5820 S Emerson Ave
Indianapolis, IN, 46237 • South Emerson • Marion County
$34,000
15.2 acLot
Property DNA
No Subdivision
South Emerson
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
1113 days on market
Established listing
About this home
Lot
+/- 15.2 acres of undeveloped land zoned Commercial. 11 acres are zoned C-3 (neighborhood Commercial Development) and about 4.7 acres zoned C-1 (Office Commercial) just minutes from I-465 on the city's southside. Ideal location for Retail and office space in a high traffic area of Emerson Avenue and Edgewood. May be combined with the adjacent 12.3 acres currently zoned residential.
Estimated monthly payment
Based on current rates
$222/month
Principal & Interest$176
Property Tax$34
Insurance$11
Down payment20% ($6,800)
3%50%
Est. 6.75% rate · 30yr fixed · $27,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land, Agriculture
Systems
Water / SewerMunicipal Water Near By / Fees Tap
Parking & Outdoor
Lot15.22 Acres
Location & Tax
NeighborhoodSouth Emerson
ZoningC1&3
Annual tax$9,088
Parcel491504131002000500
Features & details
1 category of property features
Exterior Features
Lot Features
Other
Listing insights
Market data and value estimates
StatusOff Market
Days on market1113
Est. rent$1,165/mo
Tax rate0.96%
On marketJan 12, 2021
PostedJan 12, 2021
Last sold$1,374,000
MLS statusSold
MLS updatedMar 22, 2023
Tour days6
Views8
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
4 events
DateEventPrice$/sqftSource
Mar 22, 2023Sold$1,374,000—MIBOR as distributed by MLS GRID
Feb 14, 2023Pending Sale$1,400,000—MIBOR as distributed by MLS GRID
May 18, 2021Listing Removed——MIBOR as distributed by MLS GRID
Sep 27, 2019Listed For Sale$1,400,000—MIBOR as distributed by MLS GRID
Sold$1,374,000
Mar 22, 2023•MIBOR as distributed by MLS GRID
Pending Sale$1,400,000
Feb 14, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
May 18, 2021•MIBOR as distributed by MLS GRID
Listed For Sale$1,400,000
Sep 27, 2019•MIBOR as distributed by MLS GRID
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$720$34,000
Apr 9, 2023$570$28,300
Apr 9, 2022$498$22,300
Apr 9, 2021$499$19,200
Apr 9, 2020$4,535$19,100
Apr 9, 2019$4,278$166,700
Apr 9, 2018$4,223$158,200
Apr 9, 2017$4,250$155,000
Apr 9, 2016$3,804$147,500
Apr 9, 2014$3,441$136,900
Apr 9, 2013$1,968$137,100
Apr 9, 2012$1,968$130,000
Apr 9, 2011—$119,900
Apr 9, 2010$1,391$117,000
Apr 9, 2009$1,195$117,200
Apr 9, 2007—$121,900
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-09 16:07:56 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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