NOT LISTED FOR SALE

505 N Riley Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $258,000 - $285,614

4 Beds
1.5 Baths
2,915 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $175,000 $60 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,700/month

62 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Built-in Bookshelves
  • Covered Patio or Porch
  • Thermal Windows
  • Woodwork

About This Home

As of July 2019

ABSOLUTELY GORGEOUS 4 BR 2 BA IN DESIRABLE EMERSON HEIGHTS. YOU HAVE TO LOOK INSIDE TO SEE THE BEAUTY THAT THIS TOTAL REHAB IS NOW!! LRG FORMAL LIVING RM. FORMAL DINING RM W/BUILT INS & BEAMED CEILINGS W/HDWD FLR. DOUBLE STAIRCASE TO THE 2 BRS & HALF BA UPSTAIRS. 2 NICE SIZE BR W/ALL NEW FULL BA ON MAIN LEVEL. KITCHEN IS TO DIE FOR!! NEW EVERYTHING! NEW CABS, NEW QUARTZ COUNTERTOPS, NEW STAINLESS FARMER'S SINK W/NEW FAUCET. NEW MOISTURE RESISTANCE TILE FLRG, NEW STAINLESS STEEL APPLS, W/DOUBLE DOOR FRIG, 5 BURNER GAS RANGE, MICRO, NOOK AREA, MUD AREA W/SHOE RACK, FULL PROFESSIONALLY WATERPROOFED BSMT, NEW HVAC SYSTEM, NEW WATER HEATER, NEW THERMAL WINDOWS & DOORS. NEW 100 AMP ELECTRICAL. 9' CEILINGS, SO MUCH MORE!!!

Last Agent to Sell the Property

Dale Hammond

Carpenter, REALTORS® License #RB14021407 Listed on: 04/20/2019

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $772

Year Built

  • Built in 1920

Lot Details

  • 6,186 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Emerson Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004133003000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$772

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1920
  • Garage Y N: Yes
  • Lot Size Acres: 0.142
  • Subdivision Name: EMERSON HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: ABSOLUTELY GORGEOUS 4 BR 2 BA IN DESIRABLE EMERSON HEIGHTS. YOU HAVE TO LOOK INSIDE TO SEE THE BEAUTY THAT THIS TOTAL REHAB IS NOW!! LRG FORMAL LIVING RM. FORMAL DINING RM W/BUILT INS & BEAMED CEILINGS W/HDWD FLR. DOUBLE STAIRCASE TO THE 2 BRS & HALF BA UPSTAIRS. 2 NICE SIZE BR W/ALL NEW FULL BA ON MAIN LEVEL. KITCHEN IS TO DIE FOR!! NEW EVERYTHING! NEW CABS, NEW QUARTZ COUNTERTOPS, NEW STAINLESS FARMER'S SINK W/NEW FAUCET. NEW MOISTURE RESISTANCE TILE FLRG, NEW STAINLESS STEEL APPLS, W/DOUBLE DOOR FRIG, 5 BURNER GAS RANGE, MICRO, NOOK AREA, MUD AREA W/SHOE RACK, FULL PROFESSIONALLY WATERPROOFED BSMT, NEW HVAC SYSTEM, NEW WATER HEATER, NEW THERMAL WINDOWS & DOORS. NEW 100 AMP ELECTRICAL. 9' CEILINGS, SO MUCH MORE!!!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Built In Book Shelves, Screens Complete, Windows Thermal, Windows Vinyl, Wood Work Painted
  • Living Area: 2915
  • Other Equipment: Smoke Detector, Sump Pump
  • Room Count: 10
  • Areas Interior: Living Room Formal,Laundry in Basement,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2343
  • Main Level Sq Ft: 1199
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2915
  • Kitchen Features: Kitchen Updated
  • Below Grade Sq Ft: 572
  • Upper Level Sq Ft: 1144
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block, Partial
  • List Price: 188000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004133003000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 31
  • Lot Size: 6186

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 772
  • Semi Annual Property Tax Amt: 386
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2019
Closed on
Jul 8, 2019
Sold by
Real Opportunity Investors Llc
Bought by
Peters Annie
Seller's Agent
Dale Hammond
Carpenter, REALTORS®
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$192,900
Sold Price
$175,000
Premium/Discount to List
-$17,900
-9.28%
Current Estimated Value
$273,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,654
Avg. Annual Appreciation
9.33%
Original Mortgage
$169,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2018
Closed on
Oct 29, 2018
Sold by
Edwin Napier
Bought by
Llc
Seller's Agent
Dale Hammond
Carpenter, REALTORS®
Buyer's Agent
Dale Hammond
Carpenter, REALTORS®
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1577.95%
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
Peters Annie $175,000 Meridian Title Corporation
Llc $25,000 --
Real Opportunity Investors Llc $25,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Annie $171,000
Closed Peters Annie $169,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $175,000 -6.9% $60 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $188,000 -2.5% $64 / Sq Ft
05/07/2019 05/07/19 For Sale $192,900 0.0% $66 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $192,900 +671.6% $66 / Sq Ft
10/29/2018 10/29/18 Sold $25,000 0.0% $9 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $25,000 -- $9 / 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 $2,909 $239,700 $25,100 $214,600
2023 $2,909 $239,400 $25,100 $214,300
2022 $2,991 $242,400 $25,100 $217,300
2021 $2,391 $200,600 $25,100 $175,500
2020 $2,011 $168,500 $9,200 $159,300
2019 $1,108 $103,300 $9,200 $94,100
2018 $1,016 $92,600 $9,200 $83,400
2017 $772 $85,200 $9,200 $76,000
2016 $627 $78,700 $9,200 $69,500
2014 $601 $77,900 $9,200 $68,700
2013 $807 $79,700 $9,200 $70,500
Source: Public Records

Agents Affiliated with this Home

  • Dale Hammond

    Seller's Agent in 2019

    Dale Hammond

    Carpenter, REALTORS®

    (317) 626-9300

    6 in this area

    126 Total Sales

    Dale Hammond
    Section Image

  • S

    Buyer's Agent in 2019

    Scott Smith

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21635342

MIBOR Broker Listing Cooperative®

APN: 49-10-04-133-003.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

505 N Riley Ave, Indianapolis, IN

This home is located at 505 N Riley Ave, Indianapolis, IN 46201 since 20 April 2019 and is currently estimated at $273,654, approximately $93 per square foot. This property was built in 1920. 505 N Riley Ave is a home located in Marion County with nearby schools including George W. Julian School No. 57, Arsenal Technical High School, and George Washington Community High School No. 721.

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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