$189,900
$10K PRICE DROP

Estimated payment $1,200/month

Total Views 5,884
2 Beds
2.5 Baths
1,920 Sq Ft
$99 Price per Sq Ft

Highlights

  • Mature Trees
  • 2 Car Attached Garage
  • Walk-In Closet
  • Corner Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

Investors dream! Marvel at the sophistication and comfort of this exquisite condo located at 3220 River Villa Way in the vibrant heart of Indianapolis. Spanning an impressive 1,920 square feet, this spacious residence promises a harmonious blend of luxury and convenience. With two generously sized bedrooms, this home provides ample space for relaxation and rejuvenation. The property features two full bathrooms and an additional half bath, ensuring both functionality and style for everyday living. The open-concept design perfectly complements modern lifestyles, offering an inviting atmosphere for entertaining or unwinding. Large windows flood the living spaces with natural light, enhancing the warm and welcoming ambiance. The kitchen, designed to inspire culinary creativity, awaits your personal touch. Nestled in a thriving community, this condo offers easy access to local amenities and scenic river walks. Imagine sipping your morning coffee on your private balcony, soaking in the tranquil surroundings. Experience the perfect blend of urban excitement and serene comfort in this stunning Indianapolis residence. Home is currently occupied with a tenant paying $1600.

Listing Agent

Mark Jones

PMI Midwest License #RB14036355 Listed on: 07/30/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 2002

Lot Details

  • Mature Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 4/7/25
  • The owner pays for no utilities
  • $65 Application Fee
  • Tax Block E
  • Assessor Parcel Number 490622137001007101

Community Details

Overview

  • Association fees include lawncare, ground maintenance, maintenance structure, snow removal
  • Villas At Rivers Edge Subdivision
  • Property managed by PMI Midwest

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,962

Year Built

Built in 2002

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2002
  • Building Area Total: 1920
  • Entry Level: 1
  • Garage Y N: Yes
  • Lot Size Acres: 0.08
  • Subdivision Name: Villas At Rivers Edge
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: End Unit
  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished, Partial
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Exhaust Fan, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 640
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Pantry
  • Living Area: 1920
  • Other Equipment: Security System Leased, Smoke Alarm
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 640
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 640
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 189900
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Garage Faces Rear
  • Garage Parking Other: Guest Street Parking
  • Garage Sq Ft: 450

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Pets Allowed: No
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical
  • Property Management Company: PMI Midwest
  • Property Management Company Phone: 317-546-3482

Fee Information

  • Association Fee Includes: Lawncare, Maintenance Grounds, Maintenance Structure, Snow Removal

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 3294
  • Parcel Number: 490622137001007101
  • Acres: <1/4 Acre
  • Price Acre: 2373750

Rental Info

  • Available Date: 2025-04-07
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 0
  • Application Fee: 65
  • Security Deposit Refundable Y N: No
  • Application Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/4599/3220-river-villa-way-indianapolis-in-46208

Tax Info

  • Tax Annual Amount: 1962
  • Tax Block: E
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 981
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,899 $168,200 $32,900 $135,300
2023 $1,899 $161,300 $32,900 $128,400
2022 $1,687 $158,400 $32,900 $125,500
2021 $1,407 $123,300 $12,400 $110,900
2020 $1,276 $110,200 $12,400 $97,800
2019 $1,227 $106,600 $12,400 $94,200
2018 $1,146 $100,800 $12,400 $88,400
2017 $879 $93,100 $12,400 $80,700
2016 $898 $97,000 $12,400 $84,600
2014 $911 $94,900 $12,400 $82,500
2013 $1,111 $92,800 $12,400 $80,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $189,900 -2.6% $99 / Sq Ft
08/15/2025 08/15/25 Price Changed $194,900 -2.5% $102 / Sq Ft
07/30/2025 07/30/25 For Sale $199,900 0.0% $104 / Sq Ft
06/03/2025 06/03/25 Rented $1,600 0.0% --
04/25/2025 04/25/25 Under Contract -- -- --
04/07/2025 04/07/25 For Rent $1,600 +60.0% --
10/31/2015 10/31/15 Rented -- -- --
09/29/2015 09/29/15 Under Contract -- -- --
09/22/2015 09/22/15 For Rent $1,000 0.0% --
09/28/2012 09/28/12 Sold $57,000 0.0% $30 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $57,000 -- $30 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Statewide Title Company Inc
Sheriffs Deed $107,804 None Available
Special Warranty Deed -- None Available
Sheriffs Deed $154,812 None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 Construction
Closed $93,750 Construction
Closed $25,000 Credit Line Revolving
Closed $51,300 New Conventional
Previous Owner $93,600 New Conventional
Previous Owner $74,035 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22053783

MIBOR Broker Listing Cooperative®

APN: 49-06-22-137-001.007-101