Seller's Agent in 2026
Andy Ludlow
eXp Realty, LLC
(317) 372-6147
1 in this area
192 Total Sales
2853 E Riverside Dr Indianapolis, IN 46208
Riverside Neighborhood
4
Beds
2
Baths
728
Sq Ft
7,100
Sq Ft Lot Lot
Highlights
- Craftsman Architecture
- Hiking Trails
- Ranch Style House
- Mature Trees
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of April 2026Endless Potential Across from Riverside Park! Turnkey investment, Convert for creative income, or live-in opportunity in the popular Riverside neighborhood! This duplex bungalow at 2853-2855 Riverside Dr offers two spacious 2-bedroom, 1-bath units, each with a full, dry basement and original hardwood floors adding timeless character. Long-term tenants currently occupy both sides at $950/month per unit, providing stable income from day one. However, there's plenty of upside potential-convert to short-term rentals like Airbnb(2 car garage could be great game area), potentially convert the basements into additional units. Near major employers, like Riley Children's Hospital, making mid-term visiting nurses or similar housing an option. Or it's a great candidate to house hack by living in one side and renting out the other. Enjoy the unbeatable location directly across from Riverside Park and the White River, complete with walking trails, tennis courts, and an aquatic center. Take in peaceful park & trail views from the covered front porch, or explore nearby Marian University, IU Indianapolis, Children's Museum, downtown Indy, and White River Trail, all within easy reach. With easy interstate access, public transit nearby, and growing neighborhood revitalization, this property offers the ideal blend of stability, flexibility, and future potential. A rare opportunity in one of Indy's fastest-growing areas-perfect for investors or buyers looking to build wealth and enjoy a great location.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Email: abrl9475@gmail.com License #RB15001428 Listed on: 10/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,924
Year Built
- Built in 1931
Lot Details
- 7,100 Sq Ft Lot
- Mature Trees
Parking
- 2 Car Detached Garage
- Alley Access
Home Design
- Duplex
- Craftsman Architecture
- Ranch Style House
- Traditional Architecture
- Bungalow
- Brick Exterior Construction
- Block Foundation
- Aluminum Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
- Natural lighting in basement
Location
- City Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- The owner pays for sewer, water
- Tax Lot 19
- Assessor Parcel Number 490627102002000101
- Seller Concessions Offered
Community Details
Overview
- Browns Parkview Subdivision
Recreation
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2025
Closed on
Apr 1, 2026
Sold by
Heymon Properties Llc
Bought by
Piper Nathaniel
Seller's Agent
Andy Ludlow
eXp Realty, LLC
Buyer's Agent
Taylor Ballinger
eXp Realty, LLC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Views
209
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.82%
Original Mortgage
$175,750
Outstanding Balance
$175,750
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$20,920
Purchase Details
Closed on
Oct 17, 2022
Sold by
Choi Susan
Bought by
Heymon Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 11, 2022
Closed on
Jun 23, 2022
Sold by
Bromley Dylan L and Bromley Noelia
Bought by
Choi Susan
Seller's Agent
Stephan Kline
Kline Properties, Inc.
Buyer's Agent
Clark Giles
Your Realty Link, LLC
List Price
$199,900
Sold Price
$199,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Purchase Details
Listed on
Jul 13, 2016
Closed on
Nov 4, 2016
Sold by
Mays Doris A
Bought by
Bromley Dylan L and Bromley Noelia
Seller's Agent
Michele Cherry-Joseph
Carpenter, REALTORS®
Buyer's Agent
Lisa Fischer
Fischer Realty, LLC
List Price
$65,756
Sold Price
$66,500
Premium/Discount to List
$744
1.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.76%
Purchase Details
Closed on
Jun 15, 2005
Sold by
Tyrone Williams
Bought by
Mays Doris A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | First American Title | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,750 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | Sold | $185,000 | -7.5% | $254 / Sq Ft | |
| 01/27/2026 01/27/26 | Pending | -- | -- | -- | |
| 12/20/2025 12/20/25 | For Sale | $199,900 | 0.0% | $275 / Sq Ft | |
| 11/21/2025 11/21/25 | Pending | -- | -- | -- | |
| 11/12/2025 11/12/25 | Price Changed | $199,900 | -11.2% | $275 / Sq Ft | |
| 10/24/2025 10/24/25 | For Sale | $225,000 | +12.6% | $309 / Sq Ft | |
| 06/06/2022 06/06/22 | Sold | $199,900 | 0.0% | $275 / Sq Ft | View Prior Sale |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- | |
| 05/11/2022 05/11/22 | For Sale | $199,900 | +200.6% | $275 / Sq Ft | |
| 11/04/2016 11/04/16 | Sold | $66,500 | +1.1% | $91 / Sq Ft | View Prior Sale |
| 09/28/2016 09/28/16 | Pending | -- | -- | -- | |
| 09/16/2016 09/16/16 | For Sale | $65,756 | 0.0% | $90 / Sq Ft | |
| 09/02/2016 09/02/16 | Pending | -- | -- | -- | |
| 08/30/2016 08/30/16 | For Sale | $65,756 | -1.1% | $90 / Sq Ft | |
| 07/19/2016 07/19/16 | Off Market | $66,500 | -- | -- | |
| 07/13/2016 07/13/16 | For Sale | $65,756 | -- | $90 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 |
|---|---|---|---|---|
| 2025 | $3,925 | $167,600 | $15,000 | $152,600 |
| 2024 | $4,147 | $165,400 | $15,000 | $150,400 |
| 2023 | $4,147 | $169,000 | $15,000 | $154,000 |
| 2022 | $2,301 | $94,400 | $15,000 | $79,400 |
| 2021 | $1,663 | $66,300 | $4,000 | $62,300 |
| 2020 | $1,667 | $66,300 | $4,000 | $62,300 |
| 2019 | $1,635 | $63,800 | $4,000 | $59,800 |
| 2018 | $1,344 | $51,100 | $4,000 | $47,100 |
| 2017 | $1,122 | $47,000 | $4,000 | $43,000 |
| 2016 | $1,005 | $42,500 | $4,000 | $38,500 |
| 2014 | $923 | $42,700 | $4,000 | $38,700 |
| 2013 | $888 | $42,700 | $4,000 | $38,700 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Ludlow
-
Taylor Ballinger
T
Buyer's Agent in 2026
Taylor Ballinger
eXp Realty, LLC
(317) 420-5296
1 in this area
5 Total Sales
-
S
Seller's Agent in 2022
Stephan Kline
Kline Properties, Inc.
-
C
Buyer's Agent in 2022
Clark Giles
Your Realty Link, LLC
-
M
Seller's Agent in 2016
Michele Cherry-Joseph
Carpenter, REALTORS®
-
L
Buyer's Agent in 2016
Lisa Fischer
Fischer Realty, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22069805
APN: 49-06-27-102-002.000-101
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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. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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