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(317) 691-7605

(317) 691-7605

733 S Emerson Ave, Indianapolis, IN 46203

$155,000

Reduced By $20,000
last change 4/1/2025

Charming single-story home with a well-maintained front yard and inviting entrance at 733 S Emerson Ave, Indianapolis, IN 46203

  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1440

  • Year Built

    1950

  • Days on Market

    107

  • $/SqFt

    $108

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16 Photos

  • Charming single-story home with a well-maintained front yard and inviting entrance at 733 S Emerson Ave, Indianapolis, IN 46203
  • White kitchen with light gray vinyl flooring and stainless steel appliances at 733 S Emerson Ave, Indianapolis, IN 46203
  • Bright bedroom featuring hardwood floors and a large window at 733 S Emerson Ave, Indianapolis, IN 46203
  • Hardwood floors and white doors in the hallway at 733 S Emerson Ave, Indianapolis, IN 46203
  • Simple bedroom with hardwood floors and neutral walls at 733 S Emerson Ave, Indianapolis, IN 46203
  • Clean bathroom with stone-look accents and vinyl flooring at 733 S Emerson Ave, Indianapolis, IN 46203
  • Spacious, unfinished basement offering a blank canvas for customization and ample storage at 733 S Emerson Ave, Indianapolis, IN 46203
  • Unfinished basement with painted concrete floor and white walls at 733 S Emerson Ave, Indianapolis, IN 46203
  • Unfinished basement with painted concrete floor and white walls at 733 S Emerson Ave, Indianapolis, IN 46203
  • Unfinished basement featuring exposed pipes and utilities, ready for customization at 733 S Emerson Ave, Indianapolis, IN 46203
  • Back porch with gray painted deck and steps at 733 S Emerson Ave, Indianapolis, IN 46203
  • Small front porch with gray railings and steps at 733 S Emerson Ave, Indianapolis, IN 46203
  • View of a detached two-car garage with a gravel driveway and fenced yard at 733 S Emerson Ave, Indianapolis, IN 46203
  • Expansive backyard with a chain-link fence, perfect for outdoor activities and privacy at 733 S Emerson Ave, Indianapolis, IN 46203
  • Large, grassy backyard enclosed by a chain-link fence, offering ample space at 733 S Emerson Ave, Indianapolis, IN 46203
  • Large backyard with gravel area and chain link fence at 733 S Emerson Ave, Indianapolis, IN 46203
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Home Description

With just 30 days left on the lease (ending June 1), owner-occupants can secure this home now and move in as soon as financing is complete. For investors, this turnkey property is already generating $1,200/month in rental income-making it a strong passive income opportunity. This 2-bedroom, 1-bath home features a full basement with plenty of space for a family room or storage, plus key updates including a newer roof on both the home and 2-car garage, new gutters, and durable vinyl plank flooring. Whether you're looking for your next home in Christian Park or a solid investment, this one checks all the boxes. Schedule your showing today and make it yours before summer hits!

  • Property Type: Single Family
  • Style: Bungalow
  • Basement: Egress Window(s)
  • Garage Spaces: 2
  • Acres: <1/4 Acre
  • Lot Description: Corner Lot
  • Siding: Aluminum Siding,Vinyl Siding
  • Patio & Porch: Covered Patio,Covered Porch

Available now at $155,000

Approximate Room Sizes / Descriptions

Primary Bedroom10X12Main
Bedroom 210X10Main
  • Interior Description: Breakfast Bar,Eat-in Kitchen,Hardwood Floors,Windows Vinyl
  • Full Baths: 1
  • Num Fireplaces: 0
  • Appliances: None
  • Eating Area: Dining Combo/Living Room
  • Equipment: Smoke Alarm,Sump Pump
  • Heating: Forced Air,Natural Gas
  • : jessica@indyhomepros.com

Neighborhood

The average asking price of a 2 bedroom Indianapolis home in this zip code is $213,542 (37.8% more than this home).

This home is priced at $108/sqft, which is 49.5% less than similar homes in the 46203 zip code.

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$770*
  • Semi Annual Taxes:$786

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 691-7605 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$471,752
$389,900
25
0.0%
48.0%
43

Butler Tarkington
$360,200
$360,000
17
0.0%
52.9%
139

Downtown Indianapolis
$343,012
$249,950
34
0.0%
67.6%
263

Fountain Square
$362,048
$349,950
34
0.0%
38.2%
52

Irvington
$270,700
$219,900
81
0.0%
50.6%
76

Meridian Kessler
$609,105
$450,000
37
0.0%
51.4%
42

Listing Courtesy of RE/MAX Advanced Realty. For information or to schedule a viewing of this property (MLS# 22020714), call: 317-691-7605

733 S Emerson Ave, Indianapolis IN is a single family home of 1440 sqft and is currently priced at $155,000 . This single family home has 2 bedrooms. A comparable home for sale at 1237 E Pleasant Run Pkwy S Dr in Indianapolis is listed at $186,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Factory Place, Somerset and Barrington Gardens are nearby neighborhoods. MLS 22020714 has been posted on this site since 2/7/2025 (today).

2025

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