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5831 E 39th Street, 
Indianapolis, IN 46226

$147,900


3

Beds


2

Baths


1,040

Sq Ft


Single Family

Pending

Listed by

Amber Russell

Spencer Price

Keller Williams Indy Metro Ne

317-564-7100

Last updated:

June 6, 2026, 12:39 AM

MLS#

22102804

Source:

IN MIBOR

About This Home

5831 E 39th Street

Whether you're a buyer looking to build instant "sweat equity" or an investor expanding your portfolio, this 3-bedroom, 1.5-bath brick ranch is a fantastic opportunity. Having served as a reliable rental for the past 15 years, it is now vacant and ready for your updates and personal touch. The big-ticket items give you a massive head start: the roof was replaced in 2020 and the home features a full, unfinished basement that nearly doubles your usable square footage. Complete with a low-maintenance brick exterior and a detached garage. Convenient Lawrence Township location with easy access to I-465. Sold strictly AS-IS. Bring your design ideas and maximize this property's true value!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1955

Price Summary

147,900

$142 per Sq. Ft.

MLS #:

22102804

Last Updated:

June 6, 2026, 12:39 AM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,040 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,080 Sq. Ft.

Year Built:

1955


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$147,900

Price per Sq. Ft:

$142 per Sq. Ft.

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.