Sold
Last Sold Price
509 N Riley Ave, Indianapolis, IN 46201
Multi FamilyProperty Type
1928Year Built

Description

Awesome double on great tree lined street. Perfect for owner occupied or quality rental. Great woodwork throughout, good living spaces, built in's, hardwoods... All the quality extras you expect from the emerson heights neighborhood times two. One unit is being kept empty for showings.Awesome double on great tree lined street. Perfect for owner occupied or quality rental. Great woodwork throughout, good living spaces, built in's, hardwoods... All the quality extras you expect from the emerson heights neighborhood times two. One unit is being kept empty for showings.
  • Listed by: Tony Papalia 317.849.7653 antgpa@aol.com • RE/MAX Legends Group
Listing closed: 02/16/2010 12:00 AM • Source: MIBORMLS, MLS#: 2921970

Recent comparable sales

Median sold price

$85,000

Avg days on market

50

Sale-to-list ratio

76.5%

Indianapolis, IN

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Location

Listing Courtesy of RE/MAX Legends Group

Sold By CENTURY 21 Scheetz

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Property Information for 509 North Riley Avenue

Property Details
  • Taxes: $722 semi-annually
  • MLS Type: Residential Income / Duplex
  • Lot Size: 0.00 AC / 0 SF
  • Architectural Style: Bungalow
  • Subdivision Name: Emerson Heights
  • Township: Center NE
Building Information
  • Residences: 2
  • Year Built: 1928
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: 10TH AND EMERSON...WEST TO RILEY...SOUTH TO HOME
  • Postal Code: 46201
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491004133004000101
  • Semi Annual Property Tax Amt: 722
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2008
  • TaxLot: 30
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Ins Hazard, Taxes, Sewer, Trash Collection
Property
Lot Information
  • Building Information: Storage
  • Lot Description: Busline, Sidewalks, Storm Sewer
  • Lot Size Square Feet: 40.0
  • Lot Size Acres: 0.0
  • MLS: MIBOR
  • New Construction: False
  • Structure Type: Duplex
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1928
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: EMERSON HTS
  • Photos Count: 12
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: FHA
Utilities
  • Solid Waste: No
  • Utilities: Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Brick
Interior Features
  • Laundry Features: Connections All
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Parking Garage
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 10X08
  • Unit Levels: 2
  • Unit Miscellaneous: Other
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Heat Forced
Unit 2
  • Unit Kitchen: 10X08
  • Unit Levels: 2
  • Unit Miscellaneous: Other
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Heat Forced
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 509 North Riley Avenue

DateEvent & SourcePriceAppreciation
Feb 16, 2010

Sold

MIBORMLS #2921970

$77,000
Feb 12, 2010

Sold (Public Record)

Public Record #287211345

$77,000
Nov 18, 2009

Pending

MIBORMLS #2921970

DateEvent & SourcePrice
02/16/2010

Sold

MIBORMLS #2921970

$77,000
02/12/2010

Sold (Public Record)

Public Record #287211345

$77,000
11/18/2009

Pending

MIBORMLS #2921970

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

Public Records for 509 North Riley Avenue

Taxable ValueLand$25,100Additions$137,200Total$162,300
Tax Record2024$2,394 ($199 / month)
Home Facts
Total Finished SqFt1,360 SqFtAbove Grade Finished SqFt1,360 SqFtStories2Lot Size6,186 SqFtStyleMulti-Family Dwelling (2-4)Year Built1928ZoningZO01CountyMARIONAPN49-10-04-133-004.000-101

Schools near 509 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 - 6 to 8
Rating
School
Distance
Daniel Webster School 46
PublicPK to 5

Impact Academy 3
PublicK to 12

William Penn School 49
Public6 to 8

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 RE/MAX Legends Group

Based on information submitted to the MLS GRID as of 05/01/2025 02:33 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.