Last Sold Price
4 beds2,915 sqft$60/sqft
505 N Riley Ave, Indianapolis, IN 46201

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...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!
LISTING CLOSED: 07/08/2019 12:00 AM

  1. Listed by Dale Hammond • Carpenter, REALTORS®
    P: (317) 626-9300 C: (317) 626-9300 dale@indyhouses.com

Property Details for 505 North Riley Avenue

Status
MLS #
21635342
Days on Market
56
Taxes
$386 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1920
Lot Size
0.14 AC / 6,185 SF
Architectural Style
TraditonalAmerican
Subdivision Name
EMERSON HEIGHTS
Township
Center NE

Recent comparable sales

Median sold price

$163,000

Avg days on market

54

Sale-to-list ratio

89.4%

Indianapolis, IN

9 comparable properties found

$145,000 | 36 North Denny Street, Indianapolis, IN 46201
1/38
1

$145,000

Sold 10/01/24

4
Bedrooms
2,856
Square Feet
0.12
Acres
$145,000 | 1138 North Oxford Street, Indianapolis, IN 46201
1/2
2

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Sold 06/27/25

4
Bedrooms
2,624
Square Feet
0.14
Acres
$200,000 | 1539 North Rural Street, Indianapolis, IN 46201
1/57
3

$200,000

Sold 07/09/26

4
Bedrooms
2,628
Square Feet
0.14
Acres
$160,000 | 4626 East Washington Street, Indianapolis, IN 46201
1/46
4

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4
Bedrooms
3,199
Square Feet
0.19
Acres
$163,000 | 424 North Kealing Avenue, Indianapolis, IN 46201
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4
Bedrooms
2,676
Square Feet
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Acres
$212,000 | 614 Dequincy Street, Indianapolis, IN 46201
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Square Feet
0.14
Acres
$200,000 | 1912 Glenridge Drive, Indianapolis, IN 46218
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Sold 06/27/25

4
Bedrooms
2,548
Square Feet
0.13
Acres
$165,000 | 1101 North Oakland Avenue, Indianapolis, IN 46201
1/25
8

$165,000

Sold 12/13/24

4
Bedrooms
2,770
Square Feet
0.08
Acres
$149,900 | 501 Dequincy Street, Indianapolis, IN 46201
1/36
9

$149,900

Sold 06/10/26

4
Bedrooms
2,436
Square Feet
0.07
Acres

Location

Listing Courtesy of Carpenter, REALTORS®

Sold By Keller Williams Indy Metro S

Add your commute

Building Information for 505 North Riley Avenue

Stories-Year Built1920Building Size-Lot Size0.14 AC / 6,185 SF

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$954 per month

30 year fixed, 6.55% Interest

Principal and Interest

$890

Property Taxes

$64

HOA Dues

$0

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Property Information for 505 North Riley Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: WEST FROM EMERSON ON EAST MICHIGAN TO RILEY AND TURN RIGHT OR NORTH TO THE HOUSE ON THE RIGHT
  • Postal Code: 46201
  • Postal Code Plus4: 2919
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491004133003000101
  • Semi Annual Property Tax Amt: 386
  • Tax Exemption: HomesteadTaxExemption
  • Tax Year: 2018
Parking
  • Garage YN: Yes
  • Garage Parking Features: Detached
  • Garage Parking Other: Garage Door Opener,Service Door
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Area Source: Assessor
  • Lot Number: 31
  • Lot Size: 6186
  • Lot Size Acres: 0.142
  • Main Level SqFt: 1199
  • MLS: MIBOR
  • New Construction: False
  • SqFt Main Upper: 2343
  • Living SqFt: 1144.0
  • Sqft Total: 2343.0
  • Sq Ft Total: 2915.0
  • Year Built Numeric: 1920
Property and Assessments
  • Affected by Disclosures: 0
  • DPRYN: 1
  • Inspection Warranties: Not Applicable
  • Ownership Type: NoAssoc
  • Photos Count: 35
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SaleTerms: Conventnl
  • Supplement Count: 1
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Sewer: Sewer Connected
  • Solid Waste: 1
  • Water Heater: Gas
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block, Partial
  • Fuel: Gas
  • Porch: Covered Porch
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Areas Interior: Living Room Formal,Laundry in Basement,Utility Room
  • Basement Description: Partial
  • Basement YN: Yes
  • Cooling: Central Air, Ceiling Fan(s)
  • Eating Area: Breakfast Room, Formal Dining Room
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Built In Book Shelves, Screens Complete, Windows Thermal, Windows Vinyl, Wood Work Painted
  • Levels: One and One Half
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Detector, Sump Pump
  • Pct Optional Level Finished: 0-25%
  • Room List: Kitchen, Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Breakfast Room, Laundry, Utility Room
  • Room and Features: Kitchen-Main, Living Room-Main, Dining Room-Main, Master Bedroom-Main, Bedroom 2-Upper, Bedroom 3-Main, Bedroom 4-Upper, Breakfast Room-Main, Laundry-Basement, Utility Room-Basement
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 8
  • Total Rooms: 10
Room 1
  • Room Level: Main
  • Room Dimensions: 13x10
  • MBR_Room Window Treatments: 0
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Dimensions: 25x12
  • MBR_Room Window Treatments: 0
  • Room Type: Living Room
Room 3
  • Room Level: Main
  • Room Dimensions: 13x13
  • MBR_Room Window Treatments: 0
  • Room Type: Dining Room
Room 4
  • Room Level: Main
  • Room Dimensions: 13x11
  • MBR_Room Window Treatments: 0
  • Room Type: Master Bedroom
Room 5
  • Room Level: Upper
  • Room Dimensions: 20x10
  • MBR_Room Window Treatments: 0
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Dimensions: 12x11
  • MBR_Room Window Treatments: 0
  • Room Type: Bedroom 3
Room 7
  • Room Level: Upper
  • Room Dimensions: 13x10
  • MBR_Room Window Treatments: 0
  • Room Type: Bedroom 4
Room 8
  • Room Level: Main
  • Room Dimensions: 9x5
  • MBR_Room Window Treatments: 0
  • Room Type: Breakfast Room
Room 9
  • Room Level: Basement
  • Room Dimensions: 19x13
  • MBR_Room Window Treatments: 0
  • Room Type: Laundry
Room 10
  • Room Level: Basement
  • Room Dimensions: 20x13
  • MBR_Room Window Treatments: 0
  • Room Type: Utility Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 4
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 1
  • Half Baths Upper: 1
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 505 North Riley Avenue

DateEvent & SourcePriceAppreciation
Jul 8, 2019

Sold (Public Record)

Public Record #648629473

$175,000

+1578.3% / yr

Jul 8, 2019

Sold

MIBORMLS #21635342

$175,000
Jun 22, 2019

Pending

MIBORMLS #21635342

DateEvent & SourcePrice
07/08/2019

Sold (Public Record)

Public Record #648629473

$175,000

+1578.3% / yr

07/08/2019

Sold

MIBORMLS #21635342

$175,000
06/22/2019

Pending

MIBORMLS #21635342

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

Public Records for 505 North Riley Avenue

Taxable ValueLand$25,100Additions$214,600Total$239,700
Tax Record2024$2,844 ($237 / month)
Home Facts
Beds2Total Finished SqFt2,343 SqFtAbove Grade Finished SqFt2,343 SqFtStories1Lot Size6,186 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated2010ZoningZO01CountyMARIONAPN49-10-04-133-003.000-101

Schools near 505 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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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 Carpenter, REALTORS®

Based on information submitted to the MLS GRID as of 04/13/2021 07:24 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.