4 months on rocket

3521 N Riley Ave, Indianapolis, IN, 46218

$142,000

Home List Price

$1,686*

Closing Credit

3 Bedrooms
1 Full Bath
920 SqFt
$154/SqFt
House

Location

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3521 N Riley Ave, Indianapolis$142,000

Buyer Closing Credits

$1,686*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1951
HeatingNatural Gas
CoolingCentral Air
MLS #21981816
Lot Size0.18 Acres
StatusActive

About 3521 N Riley Ave

This solid tenant-occupied 3br/1bath property just south of Devington will make an excellent addition to your rental portfolio! There are gorgeous real hardwoods throughout most of the property. Tenants absolutely love the large kitchen! This unit is rented for $1,030/month. This property is being sold as a part of a portfolio of properties with the BLC numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. This portfolio has been valued at 3.5 million, but the seller is willing to accept an offer of $3,000,000 for the entire portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1951
  • Living Area: 920 SqFt

Listing Office:

  • Office Name: AMR Real Estate LLC
  • Office Email: Dustin.Branum@AMR.Group
  • Listing Agent: Dustin Branum

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Microwave, Electric Oven, Refrigerator
  • Basement: No
  • Interior: Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $142,000
  • Price Per SqFt: $154/SqFt

Tax Information:

  • Annual Amount: $548
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

3521 N Riley Ave vs Indianapolis

149 DAYS ON ROCKET

+118 Days

$142,000

-$103.5K Less

$154/SqFt

+$15 More

KEY TAKEAWAY

This property is $103.5K less than the Median Sold Price and $15/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21981816

Listing Office:

  • Office Name: AMR Real Estate LLC
  • Office Email: Dustin.Branum@AMR.Group
  • Listing Agent: Dustin Branum

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 11/14/2024, 10:46:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 06, 2019Home Sold
$49,000
Nov 16, 2018Home Sold
$20,500

Tax History

YEARPROP. TAXASSESSMENT
2020$548$22,400
2019$574$23,200
2018$510$20,800
2017$451$20,400

History based on county public records data.

Payment Calculator

$776

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$492

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-315799
3
/10
  • Floro Torrence Elementary School 83

  • 5050 E 42nd St

  • 0.88 miles

  • Public District Grades PK-6

school-card-donut-315800
2
/10
  • Arlington Woods Elementary School 99

  • 5801 E 30th St

  • 1.08 miles

  • Public District Grades KG-6

school-card-donut-315801
3
/10
  • Avondale Meadows Academy

  • 3980 Meadows Dr

  • 1.51 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,518. The most common annual income of people living in Indianapolis, IN is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3521 N Riley Ave

What is the listing price of this property?

The listing price of 3521 N Riley Ave property is $142,000.

What type of property is this?

The property 3521 N Riley Ave is a house located in Indianapolis, Indiana, 46218.

Is this property for sale now?

Active Listing: 3521 N Riley Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $548 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 6, 2019 for $49,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3521 N Riley Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3521 N Riley Ave is 920 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3521 N Riley Ave is 1951.

Rocket HomesIndianaMarion CountyIndianapolis462183521 N Riley Ave

This home is located at 3521 N Riley Ave in Indianapolis, IN and zip code 46218 in the Forest Manor neighborhood. This 920 square foot home, which was built in 1951, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $142,000.

In October 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 256 listings were sold at asking price, while more than 519 were sold below. The number of listings in Indianapolis, IN increased by 3.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 31 days, the median list price was $245,515.

From Rocket Homes Real Estate and based on county public records data.

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