106 North Riley Avenue

106 North Riley Avenue

Indianapolis, IN 46201

$125,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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.
  1. Listed by Scott Wynkoop • Wynkoop Brokerage Firm, LLC • Scott@IndianaREO.com

Property Details for 106 North Riley Avenue

Subdivision Name
Caylors E Wash St Add
Township
Center

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute
LISTING UPDATED: 04/19/2024 11:05 AM

Property Details for 106 North Riley Avenue

StatusActive
MLS #21962757
Days on Market83
Taxes$758 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1915
Lot Size0.15 AC / 6,534 SF
CountyMarion County

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute

Building Information for 106 North Riley Avenue

Stories-Residences2Year Built1915Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$809 per month

30 year fixed, 7.25% Interest

Principal and Interest

$682

Property Taxes

$126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 106 North Riley Avenue

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
  • 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
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
DateEvent & SourcePrice

For completeness, Compass 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$58,300Total$78,900
Tax Record2022$1,863 ($155 / month)
Home Facts
Beds2Total Finished SqFt526 SqFtAbove Grade Finished SqFt526 SqFtStories1Lot Size6,534 SqFtStyleCondominiumYear 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
Ralph Waldo Emerson School 58
Public - PK to 6
Arlington Community Middle School
Public - 7 to 8
George Washington Community High School (9-12)
Public - 9 to 12
Arsenal Technical High School
Public - 9 to 12
Rating
School
Distance
Ralph Waldo Emerson School 58
PublicPK to 6

Arlington Community Middle School
Public7 to 8

George Washington Community High School (9-12)
Public9 to 12

Arsenal Technical High School
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Bosart Brown

Neighborhoods

Cities

ZIPs

More information about 106 North Riley Avenue, Indianapolis, IN 46201

106 North Riley Avenue is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on February 6, 2024 by Wynkoop Brokerage Firm, LLC, it's currently listed at $125,000. This listing's school district is Indianapolis Public Schools. Nearby schools include Ralph Waldo Emerson School 58, Arlington Community Middle School and George Washington Community High School (9-12). 106 North Riley Avenue is a 0-bed, 0-bath, multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wynkoop Brokerage Firm, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.