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3806 S Emerson Ave, Indianapolis, IN, 46203

4beds
2baths
2,600sqft
$350,000
$135price/sqft
$2,524/moest. monthly cost
$100,960/yrincome needed

About This Home

Spacious 4-bedroom, 2-full-bath ranch situated on 2 acres with a walkout basement. Enjoy the privacy of mature trees, with one acre featuring wooded trails perfect for exploring or relaxing in nature. The remodeled kitchen boasts elegant quartz countertops and modern finishes. Two outbuildings provide ample storage or workshop space. Recent updates include a new furnace and central air conditioning installed in 2024. Conveniently located near shopping, dining, and interstate access, offering the perfect blend of peaceful country living and everyday convenience.

Getting Around

61
WalkingSomewhat Walkable
22
TransitMinimal Transit
40
BikeSomewhat Bikeable

Schools

8/10
2/10

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Block
  • Construction materials: Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Gas Water Heater,Microwave,Electric Oven

Basement

  • Has basement: Yes
  • Basement: Egress Window(s),Exterior Entry,Finished,Finished Ceiling,Finished Walls,Full

Bedroom2

  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Bedroom3

  • Level: Main
  • Area: 121
  • Dimensions: 11 x 11

Bedroom4

  • Level: Basement
  • Area: 156
  • Dimensions: 12 x 13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Features

  • Attic Access,Built-in Features,Hardwood Floors
  • Flooring: Hardwood
  • Attic: Access Only
  • Finished area below ground: 1,000

Heating & Cooling

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

Interior Area

  • Total structure area: 2,600
  • Total interior livable area: 2,600 sqft

Kitchen

  • Level: Main
  • Area: 168
  • Dimensions: 12 x 14

Living Room

  • Level: Main
  • Area: 252
  • Dimensions: 18 x 14

Master Bedroom

  • Level: Main
  • Area: 196
  • Dimensions: 14 x 14

Play Room

  • Level: Basement
  • Area: 375
  • Dimensions: 25 x 15

Property

Details

  • Parcel number: 491028109012000502
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck

Lot

  • Lot size: 2.13 Acres

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
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 $1,769$21,228
Home Insurance *$258$3,096
Property Taxes $259$3,108
Electricity $238$2,860
Total$2,524$30,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,537/yr
40% on housing$75,720/yr
45% on housing$67,306/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

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46203$129
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)

Price History

DateEventPrice
2026-07-06Price change$350,000
2026-06-26Listed for sale$360,000
2021-08-06Sold$283,000
2021-07-01Pending sale$299,900
2021-06-21Listed for sale$299,900
2012-08-17Sold$85,500

For Sale by Agent

AgentEmily Brewer
BrokerageRedfin Corporation

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