Sold
Last Sold Price
106 N Riley Ave, Indianapolis, IN 46201
Multi FamilyProperty Type
0.15 acresLot Size
1915Year Built

Description

Great investment with huge upside possible! Many 200/300k comps with 1k per side rents. This home sits perched on a hill, overlooking a mature tree and surrounded by beautiful homes that you can see from your covered front porch. The generous 2 gar garage provides off street parking. This was a single family home converted into 2 units at some point with sperate furnaces and electrical. It is in need of many updates but the location and features like arched doorways would give you many opportunities....Great investment with huge upside possible! Many 200/300k comps with 1k per side rents. This home sits perched on a hill, overlooking a mature tree and surrounded by beautiful homes that you can see from your covered front porch. The generous 2 gar garage provides off street parking. This was a single family home converted into 2 units at some point with sperate furnaces and electrical. It is in need of many updates but the location and features like arched doorways would give you many opportunities. Potential for a 3-5 bed, 2 bath SF conversion. Possible seller financing with as little as 10% down for owner occupants and 20% for non-owner occupants. Make sure to do your own due diligence prior to making an offer as this is an as-is sale and buyer needs to know what zoning would allow for a SF or MF use before making an offer.
  • Listed by: Scott Wynkoop 317.472.4570 Scott@IndianaREO.com • Wynkoop Brokerage Firm, LLC
Listing closed: 09/24/2024 12:00 AM • Source: MIBORMLS, MLS#: 21962757

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Recent comparable sales

Median sold price

$107,000

Avg days on market

56

Sale-to-list ratio

83.9%

Indianapolis, IN

9 comparable properties found

$103,000 | 121-123 North Euclid Avenue, Indianapolis, IN 46201
1/5
1

$103,000

Sold 09/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres
$100,000 | 323 North Euclid Avenue, Indianapolis, IN 46201
1/30
2

$100,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$102,000 | 24 South Euclid Avenue, Indianapolis, IN 46201
1/16
3

$102,000

Sold 09/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres
$110,000 | 519 North Euclid Avenue, Indianapolis, IN 46201
1/11
4

$110,000

Sold 06/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres
$115,000 | 621 North Euclid Avenue, Indianapolis, IN 46201
1/19
5

$115,000

Sold 05/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres
$115,000 | 54 South Colorado Avenue, Indianapolis, IN 46201
1/49
6

$115,000

Sold 04/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$100,000 | 21 North Gladstone Avenue, Indianapolis, IN 46201
1/27
7

$100,000

Sold 09/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
$120,000 | 29 South Gladstone Avenue, Indianapolis, IN 46201
1/10
8

$120,000

Sold 03/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$107,000 | 4518 East 10th Street, Indianapolis, IN 46201
1/3
9

$107,000

Sold 03/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC

Sold By Victory Realty Team

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Principal and Interest

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Property Taxes

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Property Information for 106 North Riley Avenue

Property Details
  • Taxes: $758 semi-annually
  • MLS Type: Residential Income / Duplex
  • Subdivision Name: Caylors E Wash St Add
  • Township: Center
Building Information
  • Residences: 2
  • Year Built: 1915
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491004135008000101
  • Semi Annual Property Tax Amt: 757.5
  • Tax Year: 2020
  • TaxLot: 1057336
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Vacant
  • Lot Size Square Feet: 6534.0
  • Lot Size Acres: 0.15
  • New Construction: False
  • Year Built Numeric: 1915
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: A E Caylors E Wash St Add L1 2
  • Photos Count: 9
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Contract
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
Unit 2
  • Unit Kitchen: 100
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly

Property History for 106 North Riley Avenue

DateEvent & SourcePriceAppreciation
Sep 24, 2024

Sold

MIBORMLS #21962757

$104,000—
Sep 9, 2024

Pending

MIBORMLS #21962757

—
Aug 13, 2024

Price Change

MIBORMLS #21962757

$105,000—
DateEvent & SourcePrice
09/24/2024

Sold

MIBORMLS #21962757

$104,000
09/09/2024

Pending

MIBORMLS #21962757

—
08/13/2024

Price Change

MIBORMLS #21962757

$105,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 106 North Riley Avenue

Taxable ValueLand$20,600Additions$54,000Total$74,600
Tax Record2024$1,770 ($148 / month)
Home Facts
Total Finished SqFt526 SqFtAbove Grade Finished SqFt526 SqFtStories1Lot Size6,534 SqFtStyleMulti-Family Dwelling (2-4)Year Built1915ZoningZO01CountyMARIONAPN49-10-04-135-008.000-101

Schools near 106 North Riley Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - K to 12
Public - PK to 5
Rating
School
Distance
Daniel Webster School 46
PublicPK to 5

William Penn School 49
Public6 to 8

Impact Academy 3
PublicK to 12

James A. Garfield School 31
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wynkoop Brokerage Firm, LLC

Based on information submitted to the MLS GRID as of 09/25/2024 06:51 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.