2 months on rocket

106 N Riley Ave, Indianapolis, IN, 46201

$124,500

Home List Price

$1,478*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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106 N Riley Ave, Indianapolis$124,500

Buyer Closing Credits

$1,478*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1915
MLS #21962757
Lot Size0.15 Acres
StatusActive

About 106 N Riley Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1915

Listing Office:

  • Office Name: Wynkoop Brokerage Firm, LLC
  • Office Email: Scott@IndianaREO.com
  • Listing Agent: Scott Wynkoop

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

School Info

Assigned Schools Information:

  • H L Harshman Middle School, Public District Grades 7-8
  • Frederick Douglass School 19, Public District Grades PK-8
  • Center For Inquiry, Public Magnet Grades KG-8
  • Ralph Waldo Emerson School 58, Public District Grades KG-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,500

Tax Information:

  • Annual Amount: $1,419
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$240K

Med. Price/SqFt

$136

Avg. Days On Market

32

# of Sold Homes

1089

106 N Riley Ave vs Indianapolis

85 DAYS ON ROCKET

+53 Days

$124,500

-$115.5K Less

KEY TAKEAWAY

This property is $115.5K less than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21962757

Listing Office:

  • Office Name: Wynkoop Brokerage Firm, LLC
  • Office Email: Scott@IndianaREO.com
  • Listing Agent: Scott Wynkoop

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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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 11:46:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,419$60,500
2019$1,542$60,100
2018$1,323$60,100
2017$633$57,200

History based on county public records data.

Payment Calculator

$689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$440

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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.

Elementary School

school-card-donut-4525253
1
/10
  • Ralph Waldo Emerson School 58

  • 321 N Linwood Ave

  • 0.33 miles

  • Public District Grades KG-6

school-card-donut-4525254
2
/10
  • Theodore Potter School 74

  • 1601 E 10th St

  • 2.47 miles

  • Public District Grades KG-6

school-card-donut-4525255
4
/10
  • Ernie Pyle School 90

  • 3351 W 18th St

  • 6.93 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4525256
2
/10
  • H L Harshman Middle School

  • 1501 E 10th St

  • 2.55 miles

  • Public District Grades 7-8

school-card-donut-4525257
1
/10
  • Frederick Douglass School 19

  • 2020 Dawson St

  • 3.16 miles

  • Public District Grades PK-8

school-card-donut-4525258
6
/10
  • Center For Inquiry

  • 725 N New Jersey St

  • 3.40 miles

  • Public Magnet Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,864. Residents of Indianapolis, IN typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis46201106 N Riley Ave

This home is located at 106 N Riley Ave in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. This home, which was built in 1915, sits on a 0.15 acre lot. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $124,500.

In April 2024 more than 316 listings in Indianapolis, IN were sold above the asking price. During the same period more than 280 listings were sold at asking price, while more than 493 were sold below. The number of homes for sale in Indianapolis, IN increased by 0.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 32 days, the median list price was $240,065.

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

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