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(SOLD) $192,000

738 N Riley Avenue Indianapolis, IN  46201

Property Description for 738 N Riley Avenue Indianapolis, IN 46201

THIS IS IT!!! An unbelievable opportunity in one of the most highly sought-after neighborhoods in Indy! This Emerson Heights duplex is full of options to make your life better. Live in one side, and rent the other? YES! Obtain an easily rentable income property near downtown Indianapolis, just north of Irvington and just south of Little Flower? DOUBLE YES! Want to live out of both sides or make it into one large home in a hot-selling neighborhood? I WON'T STOP YOU! Each side features a covered front porch, living room, dining room (or secondary living space), kitchen, bathroom, bedroom, basement (which can be finished off to add an additional bedroom/bathroom), detached garage space, and picturesque backyard! The all-brick exterior makes for relatively low maintenance and solid construction throughout. You and/or your tenant(s) will enjoy being so close to amenities while also being a short walk/bike/car ride to some of the best dining/shopping/entertainment that Indy has to offer. You'll be amazed by the refinished hardwoods, excited by the endless possibilities, and charmed by the..... charm of the historical home, neighborhood, and surrounding properties. Opportunities like this don't come around everyday, so make sure to jump on this one while it's still available!
QuickBuy option for home selling

Address:738 N Riley Avenue Indianapolis IN 46201
Status:Sold
Sold On: 11/30/2023
Price:$219,900
Bathrooms:0
Year Built:1915
Lot Size:0.15
County: Marion
Township: Center NE
MLS #:21949457
Property Type:Duplex

Lot Dimensions:6403
Road Access:Access Rd
Lot Features:Sidewalks, Street Lights, Mature Trees
Zoning:Residential
Building Utilities:Sewer, Water
Directions:Use GPS
Basement:Yes

Loan Price
$1,310
Price And Interest $1,002/month
Property Tax $228/month
MTG INS $0/month
HOME INS $80/month
Price
$192,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$228/month
Home Owner Insurance
$960 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,366
Tax Year:2022
Other Disclosures:None
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
Subdivision: Emerson Heights
Zip Code:46201

Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air, Gas
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 738 N Riley Avenue Indianapolis, IN  46201


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Listing provided courtesy of Michael Jones with RE/MAX At The Crossing from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/23/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Indianapolis Market Report

78
Avg. DOM
$165.44
Avg. $ / Sq.Ft.
$ 289,000
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $558.50. 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.

The housing market and house prices in Indianapolis are going Up. The average house price is $290,000.00 and the average price per square feet is $165.93 per square feet. At the moment, the amount of homes listed is exactly 11610 houses, with 1489 with active status, 1503 with pending status and 8618 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,048.12. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 78 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 939 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $35,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis is 2194.9 sq.ft. , the biggest one being 11598 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.