2508 S Emerson Avenue, Indianapolis, IN 46203

$395,500 Asking Price

2 beds
1 bath
1,896  sqft
Built in 1926

2 house on 6 acres one price!! The property sits on a picturesque 6-acre lot and features two charming ranch-style homes, each boasting two bedrooms and one bath. This setup is ideal for a family looking to reside in one home while renting out the other for additional income. Additionally, it presents a lucrative opportunity for an investor seeking rental properties. The serene landscape includes a horse barn, making it perfect for equestrian enthusiasts or individuals interested in keeping horses. The tranquil setting and spacious acreage offer a sense of privacy and room to enjoy outdoor activities. The dual homes provide flexibility and potential for various living arrangements or rental strategies, catering to both personal and investment needs.


Features & Amenities

Interior

General:
Attic Stairway
Appliances:
Gas Cooktop
A/C:
Wall Unit(s)
Heating:
Gas
Fireplace:
Fireplaces: 0

Exterior

General:
Barn Mini, Barn Pole, Barn Storage
Style:
Craftsman, Bungalow, Contemporary, Prairie, Ranch, Rustic, TraditonalAmerican

Construction

General:
One, Block

Location

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

Lot

Zoning:
Pt Ne1/4 S21 T15 R4 464.12' N Sw Cor P.O.B. N200' W911.7' Se524.78' E332.79' N177.05' E140' To Beg 6.007 Ac, 491021134021000101

Utilities

Water:
Private Well

Financial

Source:
mibor

This listing courtesy of:
F.C. Tucker Company, James Smock

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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