Off Market Sep 2025 for $200K

$248,294

•

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

$63Est. Price/Sq.Ft.

Listed by Pamela Brown • PMI Indianapolis

Bought with Ami Welch • Real Broker, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22057965

Redfin Estimate

$248,294

$48K since sold in September 2025$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.2% higher than the average sale price ($203K) of 6 comparable homes.

SOLD OCT 3, 2025
$155,000
A
4 beds3 baths3,024 sq ft
4710 E Michigan St, Indianapolis, IN 46201
SOLD JUN 10, 2026
$149,900
B
4 beds2 baths2,436 sq ft
501 N Dequincy St, Indianapolis, IN 46201
SOLD APR 13, 2026
$235,000
C
6 beds3 baths2,900 sq ft
4912 E Washington St, Indianapolis, IN 46201
SOLD JAN 23, 2026
$291,000
D
7 beds3 baths2,775 sq ft
4826 E Michigan St, Indianapolis, IN 46201
SOLD DEC 12, 2025
$178,000
E
4 beds2 baths2,327 sq ft
5009 E Michigan St, Indianapolis, IN 46201
SOLD JUL 7, 2026
$210,000
F
2 beds4 baths3,212 sq ft
401 Wallace Ave, Indianapolis, IN 46201

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Earn from this home

Sell

$74,957

Est. take-home

List your home with Redfin and save $2,483

Market trends in 46201, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.5%

0.4% MoM

Median sale price

$218K

$17K MoM

Avg. days on market

20d

1 days MoM

Recently sold homes

195

0 MoM

New listings for sale

NEW 3 HRS AGO
$125,000
1 bed2 baths2,744 sq ft
28-30 S Chester St, Indianapolis, IN 46201
NEW 4 HRS AGO
$159,900
2 beds1 bath1,431 sq ft
1521 N Gladstone Ave, Indianapolis, IN 46201
OPEN SUN, 3PM TO 5PM
$239,900
2 beds2 baths1,414 sq ft
1116 N Dequincy St, Indianapolis, IN 46201
NEW 15 HRS AGO
$125,000
4 beds1 bath2,070 sq ft
435 N Sherman Dr, Indianapolis, IN 46201
NEW 15 HRS AGO
$249,900
3 beds2 baths2,698 sq ft
1329 N Drexel Ave, Indianapolis, IN 46201
NEW 15 HRS AGO
$310,000
3 beds1.5 baths2,424 sq ft
952 Eastern Ave, Indianapolis, IN 46201
NEW 16 HRS AGO
$119,000
2 beds1 bath1,904 sq ft
231 N Summit St, Indianapolis, IN 46201
NEW 33 HRS AGO
$215,000
2 beds1 bath1,472 sq ft
4109 E 11th St, Indianapolis, IN 46201
NEW 1 DAY AGO
$385,000
4 beds3 baths1,908 sq ft
2008 E Maryland St, Indianapolis, IN 46201
$190,000
2 beds2 baths1,700 sq ft
226 S Gladstone Ave, Indianapolis, IN 46201
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

—

Apr 12, 2019

Relisted

—

Mar 25, 2019

Pending

—

Mar 19, 2019

Relisted

—

Feb 28, 2019

Pending

—

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 Jul 29, 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 Jul 29, 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

Estimated sale price

$236,000 – $286,000

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New listings for sale in 46201

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NEW 15 HRS AGO

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435 N Sherman Dr, Indianapolis, IN 46201

NEW 15 HRS AGO

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3 beds2 baths2,698 sq ft

1329 N Drexel Ave, Indianapolis, IN 46201

NEW 15 HRS AGO

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NEW 1 DAY AGO3D 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.	$239,121
309 N Riley Avenue, Indianapolis, IN 3 Beds \| 2 Baths \| 2042 Sq. Ft.	$223,526

Address	Redfin Estimate
318 N Riley Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1595 Sq. Ft.	$181,815
334 N Riley Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1845 Sq. Ft.	$215,949

Address	Redfin Estimate
317 N Riley Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1755 Sq. Ft.	$180,191
325 N Riley Avenue, Indianapolis, IN 2 Beds \| 1.5 Baths \| 2122 Sq. Ft.	$198,478

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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