# 539 E 53rd Street, Indianapolis, IN 46220 > **TL;DR:** 8bd/5ba multi-family, $675,000, built 1924. > A/C. Est. $3,610/mo. Listed 16 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $675,000 | | Bedrooms | 8 | | Bathrooms | 5 full | | Year Built | 1924 | | Lot Size | 8,712 sqft (0.20 acres) | | Stories | 2 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 16 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,413 | | Estimated Insurance | $197 | | **Total** | **$3,610** | ## Nearby Schools - **High:** Shortridge High School ## Key Amenities - A/C ## Property Highlights - Built in 1924 - 0.20 acre lot - 2 stories ## Description ### Agent Description 539 E 53rd , INDIANAPOLIS, IN 46220 TURN-KEY INCOME-PRODUCING DUPLEX | $675,000 | ESTABLISHED RENTAL HISTORY LOCATION! LOCATION! LOCATION! Rare opportunity to acquire a high-end duplex with 26 years of rental history in a highly desirable Indianapolis location. This exceptional property offers approximately 4040 finished square feet on a 8590 sq ft corner lot, with two spacious residential units, surrounded by Million dollar homes .Enjoy a quiet residential setting with convenient access to Broad Ripple and Downtown Indianapolis. The property is walkable to Broad Ripple/Monon Trail and approximately 15 minutes from Downtown Indianapolis, offering easy access to restaurants, shopping, entertainment, parks, major employment centers, and city amenities. The property has been continuously rented for 26 years, offering an investor the opportunity to purchase an established income-producing asset with a proven rental track record. The current owners are retiring and selling multiple properties. 1 side features 5 bedrooms and 2.5 bathrooms, other side 4 Bedrooms and 2 bathrooms. with hardwood floors throughout and finished basements. Each unit a has wood burning fireplace, with surrounding built in bookcases. Each side has a large screened front porch. Each basement includes a bedroom with an egress window, a full bathroom, bonus room providing valuable additional living space. Both sides of the duplex have fenced in yards. Both sides have central air conditioning. Gas furnace/hot water heater. The property is offered turn-key, including all stainless steel kitchen appliances, 2 sets of washers/dryers. Annual Rent: $62,400.00 53rd side is $2500.00/mo ( + $30.00 for pet ) 5268 park side is $2700.00/mo ANNUAL Property Taxes: $6746.00 Annual Insurance: $1582.00. Seller financing is not available. ## Location - **Address:** 539 E 53rd Street, Indianapolis, IN 46220 - **County:** Marion - **Neighborhood:** Mengs Park Ave - **Coordinates:** 39.8488, -86.148861 - **Google Maps:** https://www.google.com/maps?q=39.8488,-86.148861 ## Listing Agent - **Name:** Lisa Meulbroek - **Brokerage:** Liberty Real Estate, LLC - **Phone:** (317) 570-3639 x227 - **Broker Phone:** (317) 570-3639 x227 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/539-E-53rd-St_Indianapolis_IN_46220_M42155-88912?f=listhub&s=MIBORIN&m=22122959&c=propsimple) ## Photos ![539 E 53rd Street - Photo 1](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2264029330r.jpg) ![539 E 53rd Street - Photo 2](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3528257587r.jpg) ![539 E 53rd Street - Photo 3](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1940102014r.jpg) ![539 E 53rd Street - Photo 4](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f949277697r.jpg) ![539 E 53rd Street - Photo 5](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2725141812r.jpg) ![539 E 53rd Street - Photo 6](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2302051174r.jpg) ![539 E 53rd Street - Photo 7](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f612947829r.jpg) ![539 E 53rd Street - Photo 8](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3330404349r.jpg) ![539 E 53rd Street - Photo 9](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1234330923r.jpg) ![539 E 53rd Street - Photo 10](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3038186648r.jpg) ![539 E 53rd Street - Photo 11](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3236289318r.jpg) ![539 E 53rd Street - Photo 12](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2531537492r.jpg) ![539 E 53rd Street - Photo 13](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2328940609r.jpg) ![539 E 53rd Street - Photo 14](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1774170004r.jpg) ![539 E 53rd Street - Photo 15](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f619189408r.jpg) ![539 E 53rd Street - Photo 16](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1307697374r.jpg) ![539 E 53rd Street - Photo 17](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f923999674r.jpg) ![539 E 53rd Street - Photo 18](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3680296008r.jpg) ![539 E 53rd Street - Photo 19](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3959233222r.jpg) ![539 E 53rd Street - Photo 20](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3238350200r.jpg) ![539 E 53rd Street - Photo 21](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2528463659r.jpg) ![539 E 53rd Street - Photo 22](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2828695225r.jpg) ![539 E 53rd Street - Photo 23](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f4055791259r.jpg) ![539 E 53rd Street - Photo 24](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3444527245r.jpg) ![539 E 53rd Street - Photo 25](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3550564640r.jpg) ![539 E 53rd Street - Photo 26](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1381575371r.jpg) ![539 E 53rd Street - Photo 27](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f4288580909r.jpg) ![539 E 53rd Street - Photo 28](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f613216190r.jpg) ![539 E 53rd Street - Photo 29](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1455097624r.jpg) ![539 E 53rd Street - Photo 30](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1790315186r.jpg) ![539 E 53rd Street - Photo 31](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f4154607822r.jpg) ![539 E 53rd Street - Photo 32](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f566905231r.jpg) ![539 E 53rd Street - Photo 33](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1603972473r.jpg) ![539 E 53rd Street - Photo 34](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3858808222r.jpg) ![539 E 53rd Street - Photo 35](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f4147050173r.jpg) ![539 E 53rd Street - Photo 36](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1964333267r.jpg) ![539 E 53rd Street - Photo 37](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f606876614r.jpg) ![539 E 53rd Street - Photo 38](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1394870249r.jpg) ![539 E 53rd Street - Photo 39](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1165198238r.jpg) ![539 E 53rd Street - Photo 40](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f3071786578r.jpg) ![539 E 53rd Street - Photo 41](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f1110137952r.jpg) ![539 E 53rd Street - Photo 42](http://lh.rdcpix.com/5c6b143e5d2853bbdf4a29425b3bb48bl-f2790998369r.jpg) --- **MLS#:** 22122959 | **Updated:** 2026-09-10 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/539-e-53rd-street-indianapolis-in-46220-22122959) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/539-e-53rd-street-indianapolis-in-46220-22122959#listing", "url": "https://www.propertysimple.ai/listing/539-e-53rd-street-indianapolis-in-46220-22122959", "name": "539 E 53rd Street, Indianapolis, IN 46220", "description": "539 E 53rd , INDIANAPOLIS, IN 46220 TURN-KEY INCOME-PRODUCING DUPLEX | $675,000 | ESTABLISHED RENTAL HISTORY LOCATION! LOCATION! LOCATION! Rare opportunity to acquire a high-end duplex with 26 years of rental history in a highly desirable Indianapolis location. This exceptional property offers approximately 4040 finished square feet on a 8590 sq ft corner lot, with two spacious residential units, surrounded by Million dollar homes .Enjoy a quiet residential setting with convenient access to Broad Ripple and Downtown Indianapolis. The property is walkable to Broad Ripple/Monon Trail and approximately 15 minutes from Downtown Indianapolis, offering easy access to restaurants, shopping, entertainment, parks, major employment centers, and city amenities. The property has been continuously rented for 26 years, offering an investor the opportunity to purchase an established income-producing asset with a proven rental track record. The current owners are retiring and selling multiple properties. 1 side features 5 bedrooms and 2.5 bathrooms, other side 4 Bedrooms and 2 bathrooms. with hardwood floors throughout and finished basements. Each unit a has wood burning fireplace, with surrounding built in bookcases. Each side has a large screened front porch. Each basement includes a bedroom with an egress window, a full bathroom, bonus room providing valuable additional living space. Both sides of the duplex have fenced in yards. Both sides have central air conditioning. Gas furnace/hot water heater. The property is offered turn-key, including all stainless steel kitchen appliances, 2 sets of washers/dryers. Annual Rent: $62,400.00 53rd side is $2500.00/mo ( + $30.00 for pet ) 5268 park side is $2700.00/mo ANNUAL Property Taxes: $6746.00 Annual Insurance: $1582.00. 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