Off market sep 2025 for $200K

—

•

3 ba

•

3,960

sq ft

308 N Riley Ave, Indianapolis, IN 46201

About this home

308-310 N Riley AVE, INDIANAPOLIS, IN, this multi-family residence presents an opportunity to own a property in an ever-evolving cool area. Close to all that Irvington has to offer and super close to downtown Indy! Built in 1915, this duplex holds the promise of comfortable living and investment in a vibrant city. House-hack and live in the recently rehabbed unit or add a very nice duplex to your portfolio. So many features have been updated by the owner since 2021! New siding and soffits. Kitchen and baths updated. Lighting. New wiring/updates. Appliances. New sewer lateral in 2021. Storage shed. 28 new windows!-($9500 alone). New furnaces and water heaters. Take the major worries out of things! Separately metered utilities. With 2640 square feet of living area spread across two stories, the interior provides ample space. The two-story layout offers a sense of vertical expansion, providing distinct zones for living and sleeping. One side is tenant occupied with the lease expiring at the end of September. Professional property management in place. Come take a look. This one won't last long!

Multi-familyProperty Type

1915Year Built

3,398 sq ftLot Size

$51Price/Sq.Ft.

Listed by Pamela Brown • PMI Indianapolis

Bought with Ami Welch • Real Broker, LLC

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22057965

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46201, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.1%

0.7% MoM

Median sale price

$200K

$299 MoM

Avg. days on market

40d

16 days MoM

Recently sold homes

150

21 MoM

New listings for sale

NEW 35 MINS AGO
$154,900
2 beds2 baths1,450 sq ft
416 N Forest Ave, Indianapolis, IN 46201
NEW 7 HRS AGO
$118,500
2 beds2 baths2,184 sq ft
4548 Young Ave, Indianapolis, IN 46201
NEW 7 HRS AGO
$360,000
3 beds2 baths1,816 sq ft
1218 Jefferson Ave, Indianapolis, IN 46201
NEW 26 HRS AGO
$285,000
4 beds3 baths2,325 sq ft
263 N Tacoma Ave, Indianapolis, IN 46201
NEW 29 HRS AGO
$190,000
4 beds2 baths1,988 sq ft
817-819 N Dearborn, Indianapolis, IN 46201
$295,000
3 beds2 baths3,400 sq ft
1360 N Dearborn St, Indianapolis, IN 46201
3D WALKTHROUGH
$230,000
3 beds1 bath2,046 sq ft
610 Wallace Ave, Indianapolis, IN 46201
$209,900
3 beds2 baths2,812 sq ft
940 N Chester Ave, Indianapolis, IN 46201
3D WALKTHROUGH
$109,900
4 beds2.5 baths1,712 sq ft
2910 Meredith Ave, Indianapolis, IN 46201
$169,900
2 beds2 baths1,620 sq ft
1444-1446 N Emerson Ave, Indianapolis, IN 46219
See all

Provided by Redfin

Sale history for 308 N Riley Ave

Date

Event

Price

MIBOR as Distributed by MLS Grid #22057965

Sep 19, 2025

Sold

$200,000

$51/sq ft

Aug 23, 2025

Pending

—

Aug 20, 2025

Listed

$215,000

$54/sq ft

MIBOR as Distributed by MLS Grid #21715494

Sep 16, 2020

Sold

$75,000

$19/sq ft

Sep 11, 2020

Pending

—

Aug 28, 2020

Pending

—

Aug 14, 2020

Relisted

—

Jul 20, 2020

Pending

—

Jun 23, 2020

Price Changed

$89,700

$23/sq ft

Jun 23, 2020

Relisted

—

Jun 3, 2020

Listed

$97,700

$25/sq ft

Jun 3, 2020

Pending

—

+13

MIBOR as Distributed by MLS Grid #21610544

Apr 12, 2019

Listing Removed

—

Feb 1, 2019

Price Changed

$95,700

$24/sq ft

Dec 10, 2018

Listed

$102,000

$26/sq ft

MIBOR as Distributed by MLS Grid #21255427

Dec 3, 2013

Listing Removed

—

Nov 22, 2013

Sold

$21,000

$5/sq ft

Sep 10, 2013

Listed

$23,900

$6/sq ft

MIBOR as Distributed by MLS Grid #21039109

Oct 23, 2010

Listing Removed

—

Jul 22, 2010

Listed

$16,000

$4/sq ft

Public Records

Mar 31, 2009

Sold

$50,531

$13/sq ft

MIBOR as Distributed by MLS Grid #2124598

May 24, 2001

Listed

$34,900

$9/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,118 (+41.4%)

$15,600 + $111,800

$127,400

2024

$2,205 (−6.0%)

$15,600 + $72,200

$87,800

2023

$2,345 (+0.5%)

$15,600 + $72,200

$87,800

2022

$2,333 (+19.8%)

$15,600 + $78,200

$93,800

2021

$1,948 (+5.8%)

$15,600 + $63,800

$79,400

2020

$1,842 (−0.9%)

$15,600 + $63,800

$79,400

2019

$1,860 (−0.8%)

$3,600 + $71,000

$74,600

2018

$1,874 (+16.8%)

$3,600 + $70,400

$74,000

2017

$1,604 (+167.7%)

$3,600 + $66,800

$70,400

2016

$599 (+8.7%)

$3,600 + $66,800

$70,400

2015

$551 (+7.4%)

$3,600 + $71,500

$75,100

2014

$513 (−32.2%)

$3,600 + $69,100

$72,700

2013

$757

$3,600 + $66,700

$70,300

Tax history for 308 N Riley Ave

Year

Property tax

Land + Additions

Assessment*

2025

$3,118 (+41.4%)

$15,600 + $111,800

$127,400

2024

$2,205 (−6.0%)

$15,600 + $72,200

$87,800

2023

$2,345 (+0.5%)

$15,600 + $72,200

$87,800

2022

$2,333 (+19.8%)

$15,600 + $78,200

$93,800

2021

$1,948 (+5.8%)

$15,600 + $63,800

$79,400

2020

$1,842 (−0.9%)

$15,600 + $63,800

$79,400

2019

$1,860 (−0.8%)

$3,600 + $71,000

$74,600

2018

$1,874 (+16.8%)

$3,600 + $70,400

$74,000

2017

$1,604 (+167.7%)

$3,600 + $66,800

$70,400

2016

$599 (+8.7%)

$3,600 + $66,800

$70,400

2015

$551 (+7.4%)

$3,600 + $71,500

$75,100

2014

$513 (−32.2%)

$3,600 + $69,100

$72,700

2013

$757

$3,600 + $66,700

$70,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

39 ft.

Lot depth

87 ft.

Lot size

3,398 Sq. Ft.

Year renovated

1915

Sq. Ft.

1,320

Year built

1915

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

491004144085000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

TOD

COMPACT

Dwelling District Five

The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.

Zone overlays

Transit Oriented Development Secondary Zoning District
Compact Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Unit Parking: On Street

Interior

Laundry Room Information
Laundry Features: Connections All

Basement Information
Has Basement
Basement Features: Partial, Unfinished

Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: None

Multi-Family Financial Information
Owner Pays: Insurance, Lawncare, Taxes
Gross Income: 0
Expenses: 0

Multi-Unit Information
Multi Beds: 6
Multi Baths: 2
# of Units: 2
Multi Rooms: 14

Unit Type 1 Information
Kitchen: 12x12
Levels: 2
Miscellaneous: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Rent: 0
Rent Frequency: Monthly
Utilities: Heat Forced, Hot Wtr Gas
Unit Type: 3 Bedroom

Unit Type 2 Information
Kitchen: 12x12
Levels: 2
Miscellaneous: Range/Oven,Refrigerator
Rent: 1050
Rent Frequency: Monthly
Utilities: Heat Forced
Unit Type: 3 Bedroom

Exterior

Exterior Features
Exterior Features: Storage Shed
Fence YN: No
Roof: Asphalt

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Attached Property
Property Sub Type: Duplex

Land Information
Current Use: Residential
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.08
Road Surface Type: Asphalt
Lot Features: Access, Sidewalks
Road Access: Not Applic

Utilities

Utility Information
Solid Waste Information: Yes

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: Layman & Careys Irvington Park Add 39Ft N End L51 &L52

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 6
Baths: —
Sq. Ft.: 1,320
Stories: 2.0
Lot Size: 3,398 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1915
Year Renovated: 1915
County: Marion County
APN: 491004144085000101

Home facts updated by county records on Oct 19, 2026

Other

Home Information
Foundation Details: Block, Crawl Space
Construction Materials: Vinyl Siding
Structure Type: Duplex
Levels: Two
Security Features: Smoke Detector(s)

Around this home

Schools

Ralph Waldo Emerson School 58

Public PreK-5 • Assigned • 0.3mi

5/10

Thomas Carr Howe Middle School - An IB World School

Public 6-8 • Assigned • 0.3mi

1/10

Purdue Polytechnic High School - Englewood

Charter 9-12 • Assigned • 1.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46201

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

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3D WALKTHROUGH

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Home values near 308 N Riley Ave

Data from public records.

Address	Redfin Estimate
321 N Riley Avenue, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1800 Sq. Ft.	$235,503
309 N Riley Avenue, Indianapolis, IN 3 Beds \| 2 Baths \| 2042 Sq. Ft.	$221,742

Address	Redfin Estimate
318 N Riley Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1595 Sq. Ft.	$182,230
334 N Riley Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1845 Sq. Ft.	$221,949

Address	Redfin Estimate
317 N Riley Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1755 Sq. Ft.	$175,935
325 N Riley Avenue, Indianapolis, IN 2 Beds \| 1.5 Baths \| 2122 Sq. Ft.	$195,142

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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