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618 N Emerson Ave, Indianapolis, IN, 46219

3beds
1baths
2,790sqft
$155,200
$56price/sqft
$1,303/moest. monthly cost
$52,120/yrincome needed

About This Home

Discover the potential of this charming 1921 bungalow located at 618 N Emerson Ave, Indianapolis, IN. Offering 1,020 square feet of living space, this three bedroom, one bathroom home is full of character and presents an excellent opportunity for buyers looking to renovate, restore, or invest. Inside, you'll find a functional floor plan with three bedrooms, one full bathroom, and a full basement that provides additional storage or the potential for future finished space. The home also features a dedicated laundry area and sits on a generous 6,708 square foot lot complete with a fire pit, offering plenty of outdoor space to enjoy or enhance. Whether you're an investor searching for your next project, a flipper looking to add value, or a buyer with a vision to make this home your own, this property offers endless possibilities. With its classic bungalow charm, solid layout, and convenient location, 618 N Emerson Ave is a fantastic opportunity to build equity and bring new life to a home with great potential.

Getting Around

53
WalkingSomewhat Walkable
39
TransitSome Transit
70
BikeVery Bikeable

Construction

Condition

  • Year built: 1921

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator,Gas Water Heater,Microwave,Water Heater,Washer,Dryer
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished,Interior Entry

Bedroom2

  • Level: Upper
  • Area: 169
  • Dimensions: 13X13

Bedroom3

  • Level: Main
  • Area: 156
  • Dimensions: 13X12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 156
  • Dimensions: 13X12

Features

  • Hardwood Floors,Ceiling Fan(s),Eat-in Kitchen,Pantry
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,790
  • Total interior livable area: 2,790 sqft

Kitchen

  • Level: Main
  • Area: 90
  • Dimensions: 10X9

Living Room

  • Level: Upper
  • Area: 247
  • Dimensions: 19X13

Master Bedroom

  • Level: Upper
  • Area: 238
  • Dimensions: 17X14

Sun Room

  • Level: Main
  • Area: 54
  • Dimensions: 6X9

Property

Details

  • Parcel number: 491004133046000101
  • Special condition: As Is,Estate,In Foreclosure
  • Horse amenities: None

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: Fire Pit
  • Fencing: Fenced,Partial
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 6,534 sqft
  • Features: Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Detached,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $784$9,408
Home Insurance *$123$1,476
Property Taxes $141$1,692
Electricity $255$3,069
Total$1,303$15,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,674/yr
40% on housing$39,090/yr
45% on housing$34,746/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$56This listing

vs Other Active Listings

Avg $/sqft

ZIP 46219$83
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46219$106
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

No price history available

Unknown Listed By

AgentDamaris Loza-Martinez
BrokerageCarpenter, REALTORS®

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