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5507 Emerson Way

Anderson, IN 46017

ActiveListed Sep 25, 2026 · 16 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,479 sqft
Lot
0.38 acres
Year built
1997
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22127984
County
Madison
Subdivision
Eastwood
Total building area
3,272 sqft

About this home

A well-kept 1997 ranch with 2,479 square feet all on one level - and a run of recent updates that means you won't spend your first year fixing things. The kitchen opens right into the living room, with a peninsula for stools and stainless appliances throughout. Refrigerator, microwave, and oven were replaced in 2020; the dishwasher is brand new in 2026. Fresh flooring runs through the kitchen, dining, and living areas. The living room is where everyone ends up: vaulted ceiling, fireplace, and room enough that it doesn't feel tight when the house is full. Off the back, a heated and cooled sunroom - not a three-season porch you close up in November, but a room you'll actually use in January. Morning coffee, a reading spot, a home office. All the light, year round. Three bedrooms, two full baths and a half bath - the guest bath fully remodeled. Double vanities and walk-in showers. A full basement gives you room to grow, whether you finish it or just fill it. Outside, a private yard with a fire pit on a generous 16,500-square-foot lot, plus an attached garage. The big-ticket items are already handled: new roof in 2025, new grinder pump in 2020. Come see it.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherMicrowaveElectric OvenRefrigeratorElectric Water HeaterWater Softener Rented
Interior features
Vaulted Ceiling(s)Eat-in Kitchen
Basement
Ceiling - 9+ feetUnfinished
Fireplaces
1
Fireplace type
BasementFamily RoomGas Log
Laundry
Main Level
Windows
ScreensStorm Window(s)Low-Emissivity Windows
Rooms
9
Main-level bedrooms
3

Exterior

Patio and porch
Deck
Construction
Brick
Foundation
Concrete PerimeterBlock
Style
Traditional
Parking and garage
Attached
Fencing
Privacy
Other equipment
Sump Pump

Systems

Heating
Forced AirHeat PumpElectric
Cooling
Central Air
Water
Private
Utilities
Cable AvailableNatural Gas Connected

Lot and HOA

Lot features
Mature Trees

Schools

School district
Anderson Community School Corp

Taxes

Estimated annual tax
$2,328 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,919per month, estimated
Principal and interest $1,613Property tax $194Insurance $112
20% · $63,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$319,900
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