$212,000 - $214,263
RENTED JUL 29, 2025
1 Bed
1 Bath
1,240 Sq Ft
0.37 Acres

Highlights

  • 0.37 Acre Lot
  • Eat-In Kitchen
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of July 2025

Encounter the charm and comfort of your new home at 15 North Riley Avenue, Unit #4 in vibrant Indianapolis. This perfectly sized 1-bedroom, 1-bathroom apartment boasts 550 square feet of thoughtfully designed living space. Gleaming hardwood floors stretch across the open-plan layout, providing a warm and inviting atmosphere from the moment you step inside. The spacious living area offers flexibility for both relaxation and entertainment, making it a versatile space tailored to your lifestyle. The kitchen, with its intuitive design, is ready to inspire your culinary adventures. Retreat to the cozy bedroom, a serene space to unwind after a busy day in the bustling city. The full bathroom is elegantly appointed to deliver comfort and convenience in your daily routine. Located in a dynamic neighborhood, this apartment is close to a variety of local amenities and attractions, perfect for exploring the rich culture of Indianapolis. Enjoy the peaceful surroundings while still being connected to the heart of the city. Experience the perfect blend of style, comfort, and location at this exceptional rental property. Stove/oven range and refrigerator will be installed by the time of the rental. In addition to rent, tenants are responsible to pay the shared water/sewer charge. All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application.

Last Agent to Rent the Property

Maxwell Richter

Wilmoth Group License #RB15000880 Listed on: 05/02/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1920

Lot Details

  • 0.37

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $695
  • Property Available on 5/2/25
  • Tenant pays for all utilities, insurance
  • The owner pays for insurance, no utilities, taxes
  • $50 Application Fee
  • Tax Lot 33
  • Assessor Parcel Number 491004132012000101

Community Details

Overview

  • No Home Owners Association
  • Blankenship Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Available Date: 2025-05-02
  • Lease Amount: 650
  • Tenant Pays: All Utilities, Insurance
  • Min Lease Req: 12
  • Security Deposit: 695
  • Application Fee: 50

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Building Area Total: 2472
  • Garage Y N: No
  • Lot Size Acres: 0.37
  • Subdivision Name: Blankenship
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: Yes
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 1240
  • Main Level Bedrooms: 1
  • Owner Pays: Insurance, No Utilities, Taxes
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1240
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • List Price: 650

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 16032
  • Parcel Number: 491004132012000101
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1689

Tax Info

  • Tax Annual Amount: 1784
  • Tax Lot: 33
  • Semi Annual Property Tax Amt: 892

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Sk Homes Llc
Bought by
Polsani Karthik Rao
Current Estimated Value
$213,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$146,951
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$65,341

Purchase Details

Closed on
May 8, 2020
Sold by
Allen Damon
Bought by
Sh Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,350
Interest Rate
3.2%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 24, 2017
Sold by
Allen Damon
Bought by
Allen Damon

Purchase Details

Closed on
Feb 1, 2017
Bought by
Damon Ng

Purchase Details

Closed on
Oct 27, 2016
Sold by
Tripro Investment Properties Of Indiana
Bought by
Indiana Land Trust Co

Purchase Details

Closed on
Dec 3, 2015
Sold by
Chang Sherry and Chen Oliver
Bought by
Tripro Investment Properties Of Indiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2011
Sold by
Jewell Investments Inc
Bought by
Finke Group Real Estate Llc

Purchase Details

Closed on
Sep 10, 2009
Sold by
Diversified Investments Llc
Bought by
Jewell Investments Inc

Purchase Details

Closed on
Apr 2, 2007
Sold by
Bank Of New York Trust
Bought by
Diversfield Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2006
Sold by
Weis John
Bought by
Jpmorgan Chase Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Polsani Karthik Rao $200,000 First American Title
Sh Homes Llc $90,500 Royal Title Services
Allen Damon -- --
Damon Ng $110,000 --
Ng Damon $110,000 Escrow & Title Services, Llc
Indiana Land Trust Co -- None Available
Tripro Investment Properties Of Indiana -- None Available
Finke Group Real Estate Llc -- None Available
Chang Sherry -- None Available
Jewell Investments Inc $60,000 None Available
Diversfield Investments Llc -- Investors Titlecorp
Jpmorgan Chase Bank Na $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polsani Karthik Rao $150,000
Previous Owner Tripro Investment Properties Of Indiana $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Rented $625 -3.8% --
07/02/2025 07/02/25 Under Contract -- -- --
05/16/2025 05/16/25 Price Changed $650 -6.5% $1 / Sq Ft
05/02/2025 05/02/25 For Rent $695 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,433 $295,500 $22,200 $273,300
2023 $2,433 $93,800 $11,100 $82,700
2022 $1,989 $75,600 $11,100 $64,500
2021 $1,760 $67,600 $10,100 $57,500
2020 $1,846 $71,200 $10,100 $61,100
2019 $1,074 $37,300 $10,100 $27,200
2018 $1,078 $37,300 $10,100 $27,200
2017 $950 $36,000 $10,100 $25,900
2016 $2,131 $62,500 $10,100 $52,400
2014 $1,334 $61,700 $10,100 $51,600
2013 $1,283 $61,700 $10,100 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22036520

MIBOR Broker Listing Cooperative®

APN: 49-10-04-132-012.000-101