How big are the homes in Indianapolis?

The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.

3521 N Riley Avenue Indianapolis IN 46218 (House For Sale)

Frequently Asked Questions

Are house prices dropping in Indianapolis?

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Indianapolis at this time?

The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.

What is the most popular place to buy a house in Indianapolis?

The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Indianapolis?

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Indianapolis being sold?

Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Indianapolis?

The last home listed in Indianapolis was 516 minutes ago.

Can you visit houses in Indianapolis?

Currently, there are 49 open houses available for viewing in Indianapolis.

What is the most expensive house in Indianapolis?

The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Indianapolis?

The cost of the cheapest home in Indianapolis is $1,000.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Indianapolis?

The oldest home in Indianapolis was built in 1848, and the newest in 2026.

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Property Details

Lot Dimensions:

7971

Water Source:

Public

Main Level Sq. Ft.:

920

Total Sq. Ft.:

920

Directions:

GPS Friendly

Appliances

Gas Water Heater, Microwave, Electric Oven, Refrigerator

Cool

Central Air

Water Heater

Gas Water Heater, Microwave, Electric Oven, Refrigerator

Heat

Natural Gas

Total Rooms

5 Rooms

Tax and Financial Info

Semi-Annual Property Tax:

$628

Tax Year:

2024

Other Disclosures:

As Is

Quick View

Address:

3521 N Riley Avenue Indianapolis IN 46218

Status:

Active

On Site:

174 Days On Site

Price:

$115, 000

Bedrooms:

3 Beds

Bathrooms:

1 Full Baths

Sq. Feet:

920

Year Built:

1951

Lot Size:

0.18

County:

Marion

Township:

Center

MLS #:

22079093

Property Type:

Single Family Residence

Exterior Type

Aluminum Siding

Community Information

Description

This 3-bedroom, 1-bath home is currently rented for $900 a month and provides dependable cash flow in a growing area. Located on the northeast side of Indianapolis, it's close to parks, schools, and major roadways. The interior offers a simple, functional layout that's easy to maintain. A solid choice for investors seeking steady rental i...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22079093

Listing provided courtesy of Olga Bliuc-Haggard 317-210-2770 with New Quantum Realty Group

Last Updated: 4/15/2026 | 11:22 PM

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About the Neighborhood

Forest Manor offers a peaceful environment with very low noise levels and several well-placed public green spaces, including Roselawn Park, ideal for relaxation. Housing options consist primarily of charming single detached homes and townhouses, many dating from its significant pre-1960 building boom, providing a variety of sizes from lofts to spacious four-bedroom residences. Primary schools are conveniently located nearby, while pharmacy access is easy and includes some basic food items. A selection of restaurants is within close range as well. Commuting by car is straightforward with quick access to highways and ample parking available throughout the neighborhood.

Learn more about

Type	Dimensions	Level
Living Room	16.5x11.5	Main
Kitchen	16.5x8	Main
Primary Bedroom	10x12	Main
Bedroom 2	10x10	Main
Bedroom 3	10x10	Main