$720,000
PENDING $40K PRICE INCREASE

7038 Indiana Ave Riverside, CA 92506

Estimated payment $4,129/month

Total Views 606
2 Beds
1 Bath
1,230 Sq Ft
$585 Price per Sq Ft

Highlights

  • 0.49 Acre Lot
  • Park
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

Charming single-story home in the desirable Orange Acres neighborhood of Riverside. This 1927 residence offers timeless character with modern potential. Featuring 2 bedrooms and 1.75 bathrooms across 1,230 square feet, the home sits on a spacious 21,344 square foot lot, offering ample outdoor space for entertaining, gardening, or future expansion. The home includes vintage architectural details, a functional layout, and a peaceful residential setting. Located near schools, parks, shopping, and major freeways, this property combines historic charm with everyday convenience.

Listing Agent

Henry Moranchel

Nexthome Masters Brokerage Phone: 562-577-9643 License #01239384 Listed on: 07/29/2025

Nexthome Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 1927

Lot Details

  • 0.49 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1065

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 6 / 6
  • Tax Tract Number 13
  • Assessor Parcel Number 229091024
  • $85 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,512

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 229091024
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1230.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 585.37
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21344.00
  • Lot Size Acres: 0.4900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21344.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 312.00
  • Tax Lot: 6
  • Tax Tract Number: 13
  • TaxOtherAnnualAssessmentAmount: 85.00

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
2025 $3,512 $319,422 $212,241 $107,181
2023 $3,512 $307,020 $204,000 $103,020
2022 $3,433 $301,000 $200,000 $101,000
2021 $3,018 $261,381 $154,452 $106,929
2020 $2,713 $233,376 $137,904 $95,472
2019 $2,662 $228,800 $135,200 $93,600
2018 $2,563 $220,000 $130,000 $90,000
2017 $2,433 $187,425 $110,250 $77,175
2016 $2,104 $187,425 $110,250 $77,175
2015 $2,009 $178,500 $105,000 $73,500
2014 $1,935 $170,000 $100,000 $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Pending -- -- --
08/09/2025 08/09/25 Price Changed $720,000 +5.9% $585 / Sq Ft
07/29/2025 07/29/25 For Sale $680,000 -- $553 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $301,000 First American Title Company
Trustee Deed $435,000 None Available
Grant Deed $485,000 Fidelity
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $435,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25169298

California Regional Multiple Listing Service (CRMLS)

APN: 229-091-024