NOT LISTED FOR SALE

3241 N Riley Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $114,000 - $143,482

3 Beds
1 Bath
1,576 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 31, 2025

Last sale price $115,000 $73 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $802/month

14 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Detached Garage
  • Wood Flooring
  • Covered patio or porch
  • Eat-In Kitchen

About This Home

As of January 2025

This home is located at 3241 N Riley Ave, Indianapolis, IN 46218 since 19 December 2024 and is currently estimated at $122,871, approximately $77 per square foot. This property was built in 1955. 3241 N Riley Ave is a home located in Marion County with nearby schools including James Russell Lowell School 51, Arlington Community Middle School, and Arsenal Technical High School.

Last Agent to Sell the Property

Arzella Williams

Williams Realty & Mgmt Brokerage Email: arzellawms@gmail.com License #RB14011365 Listed on: 12/19/2024

Last Buyer's Agent

Amber Russell

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1955

Lot Details

  • 8,320

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Block Foundation
  • Stone

Interior Spaces

  • 1-Story Property
  • Paddle Fans
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement
  • Basement Storage

Schools

  • James Russell Lowell School 51 Elementary School
  • Arlington Community Middle School
  • Arsenal Technical High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • 8,320 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Tuckers Emerson Ave Subdivision

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 490721138060000101
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,350

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1955
  • Building Area Total: 2102
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: Tuckers Emerson Ave
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Website: MIBOR.com
  • MBR_AttributionContact: arzellawms@gmail.com
  • Attribution Contact: arzellawms@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Partially Finished, Storage Space
  • Appliances: Dryer, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 525
  • Fireplace Features: Living Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Window Metal
  • Living Area: 1576
  • Main Level Bedrooms: 3
  • Other Equipment: Sump Pump
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1051
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Stone
  • Direction Faces: West
  • Exterior Features: Not Applicable
  • Foundation Details: Divided, Full, Block
  • List Price: 127000
  • Patio And Porch Features: Covered Porch
  • Pool Private Y N: No
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Parking Other: Guest Street Parking
  • Garage Sq Ft: 440

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 100 Amp Service
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Arlington Community Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8320
  • Parcel Number: 490721138060000101
  • Acres: <1/4 Acre
  • Price Acre: 605263

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1350
  • Tax Lot: 99
  • Semi Annual Property Tax Amt: 675
  • Tax Exemption: None

MLS Schools

  • Elementary School: James Russell Lowell School 51
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Jan 31, 2025
Sold by
Hannon Eddie Lee
Bought by
Shahdad Esmatullah and Amirkhani Nigin
Seller's Agent
Arzella Williams
Williams Realty & Mgmt
Buyer's Agent
Amber Russell
Keller Williams Indy Metro NE
List Price
$127,000
Sold Price
$115,000
Premium/Discount to List
-$12,000
-9.45%
Views
23
Current Estimated Value
$122,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,871
Avg. Annual Appreciation
13.03%
Source: Public Records

Range of Values:

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Average Value
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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
Shahdad Esmatullah $115,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannon Eddie L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $115,000 -9.4% $73 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $127,000 -- $81 / Sq Ft
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 $1,457 $125,400 $7,900 $117,500
2023 $1,457 $130,800 $7,900 $122,900
2022 $1,482 $127,200 $7,900 $119,300
2021 $920 $92,900 $7,900 $85,000
2020 $596 $76,000 $3,200 $72,800
2019 $563 $72,500 $3,200 $69,300
2018 $464 $58,400 $3,200 $55,200
2017 $361 $50,500 $3,200 $47,300
2016 $334 $48,800 $3,200 $45,600
2014 $252 $46,000 $3,200 $42,800
2013 $299 $52,200 $3,200 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Arzella Williams

    Seller's Agent in 2025

    Arzella Williams

    Williams Realty & Mgmt

    (317) 371-6088

    1 in this area

    10 Total Sales

    Arzella Williams
    Section Image

  • A

    Buyer's Agent in 2025

    Amber Russell

    Keller Williams Indy Metro NE

    Section Image

  • A

    Buyer's Agent in 2025

    Amber Gonzalez

    Keller Williams Indy Metro NE

    (317) 246-8066

    2 in this area

    181 Total Sales

    Amber Gonzalez
    Section Image

  • S

    Buyer Co-Listing Agent in 2025

    Spencer Price

    Keller Williams Indy Metro NE

    1 in this area

    23 Total Sales

    Spencer Price
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015860

MIBOR Broker Listing Cooperative®

APN: 49-07-21-138-060.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

3241 N Riley Ave, Indianapolis, IN

This home is located at 3241 N Riley Ave, Indianapolis, IN 46218 since 19 December 2024 and is currently estimated at $122,871, approximately $77 per square foot. This property was built in 1955. 3241 N Riley Ave is a home located in Marion County with nearby schools including James Russell Lowell School 51, Arlington Community Middle School, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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