Google street view image for 409 N Riley Ave, Indianapolis, IN 46201

OFF MARKET

$142,148

•

— ba

•

810

sq ft

409 N Riley Ave, Indianapolis, IN 46201

About this home

409 N Riley Ave is a 810 square foot multi-family home on a 6,403 square foot lot with 2 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $142,148.

Multi-familyProperty Type

1930Year Built

6,403 sq ftLot Size

$175Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$142,148

$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 27.7% lower than the average sale price ($197K) of 6 comparable homes.

SOLD MAY 29, 2026
$110,000
A
2 beds1 bath1,535 sq ft
145 S Bancroft St, Indianapolis, IN 46201
SOLD JUL 15, 2026
$240,000
B
2 beds1 bath1,972 sq ft
721 N Riley Ave, Indianapolis, IN 46201
SOLD AUG 10, 2026
$205,000
C
2 beds1 bath2,520 sq ft
611 Wallace Ave, Indianapolis, IN 46201
SOLD JUL 23, 2026
$175,000
D
2 beds2 baths2,264 sq ft
745-747 Wallace Ave, Indianapolis, IN 46201
SOLD MAY 13, 2026
$174,900
E
2 beds1 bath1,320 sq ft
831 Wallace Ave, Indianapolis, IN 46201
SOLD AUG 11, 2026
$275,000
F
3 beds2.5 baths1,951 sq ft
526 N Bancroft St, Indianapolis, IN 46201

Claim this home to receive a free report every month with insights on the changing estimate.

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 5 HRS AGO
$125,000
1 bed2 baths2,744 sq ft
28-30 S Chester St, Indianapolis, IN 46201
NEW 6 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 17 HRS AGO
$125,000
4 beds1 bath2,070 sq ft
435 N Sherman Dr, Indianapolis, IN 46201
NEW 17 HRS AGO
$249,900
3 beds2 baths2,698 sq ft
1329 N Drexel Ave, Indianapolis, IN 46201
NEW 17 HRS AGO
$310,000
3 beds1.5 baths2,424 sq ft
952 Eastern Ave, Indianapolis, IN 46201
NEW 18 HRS AGO
$119,000
2 beds1 bath1,904 sq ft
231 N Summit St, Indianapolis, IN 46201
NEW 34 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 409 N Riley Ave

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,372 (+5.5%)

$21,600 + $73,200

$94,800

2024

$2,248 (−5.4%)

$21,600 + $67,200

$88,800

2023

$2,375 (+0.5%)

$21,600 + $67,200

$88,800

2022

$2,362 (+18.1%)

$21,600 + $72,700

$94,300

2021

$2,000 (+12.8%)

$21,600 + $59,300

$80,900

2020

$1,773 (−0.9%)

$21,600 + $59,300

$80,900

2019

$1,788 (−0.7%)

$5,000 + $65,900

$70,900

2018

$1,801 (+16.9%)

$5,000 + $65,300

$70,300

2017

$1,540 (−3.5%)

$5,000 + $61,700

$66,700

2016

$1,596 (+5.2%)

$5,000 + $61,700

$66,700

2015

$1,517 (+6.2%)

$5,000 + $66,000

$71,000

2014

$1,429 (−14.9%)

$5,000 + $63,900

$68,900

2013

$1,679

$5,000 + $61,100

$66,100

Tax history for 409 N Riley Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,372 (+5.5%)

$21,600 + $73,200

$94,800

2024

$2,248 (−5.4%)

$21,600 + $67,200

$88,800

2023

$2,375 (+0.5%)

$21,600 + $67,200

$88,800

2022

$2,362 (+18.1%)

$21,600 + $72,700

$94,300

2021

$2,000 (+12.8%)

$21,600 + $59,300

$80,900

2020

$1,773 (−0.9%)

$21,600 + $59,300

$80,900

2019

$1,788 (−0.7%)

$5,000 + $65,900

$70,900

2018

$1,801 (+16.9%)

$5,000 + $65,300

$70,300

2017

$1,540 (−3.5%)

$5,000 + $61,700

$66,700

2016

$1,596 (+5.2%)

$5,000 + $61,700

$66,700

2015

$1,517 (+6.2%)

$5,000 + $66,000

$71,000

2014

$1,429 (−14.9%)

$5,000 + $63,900

$68,900

2013

$1,679

$5,000 + $61,100

$66,100

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

Zoning and permits

Zoning
Permits

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

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

Interior

Basement Information
Basement Sq. Ft: 810
Basement Type: Full

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 8

Exterior

Exterior Information
Physical Condition: Fair
Construction Type: Wood
Building Type: Row Type

Property Information
Subdivision Name: LAYMAN & CAREYS IRVINGTON PARK ADD
Living Sq. Ft: 810
Adjusted Gross Sq. Ft: 1,620
Ground Floor Sq. Ft: 810
Building Sq. Ft: 1,620
# of Stories: 1
Legal Description: LAYMAN & CAREYS IRVINGTON PK ADD L147

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 6,403
Legal Lot Number: 147
Municipality Name: INDIANPOLIS,CENTER
Acres: 0.147
Depth Footage: 160
Front Footage: 40
County Use Description: TWO FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: —
Sq. Ft.: 810
Stories: 1.0
Lot Size: 6,403 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: 1930
County: Marion County
APN: 491004144117000101

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Ralph Waldo Emerson School 58

Public PreK-5 • Assigned • 0.4mi

5/10

Thomas Carr Howe Middle School - An IB World School

Public 6-8 • Assigned • 0.4mi

1/10

Purdue Polytechnic High School - Englewood

Charter 9-12 • Assigned • 1.5mi

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

3/10 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

$136,000 – $164,000

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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New listings for sale in 46201

NEW 5 HRS AGO

$125,000

1 bed2 baths2,744 sq ft

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NEW 6 HRS AGO3D WALKTHROUGH

$159,900

2 beds1 bath1,431 sq ft

1521 N Gladstone Ave, Indianapolis, IN 46201

OPEN SUN, 3PM TO 5PM3D WALKTHROUGH

$239,900

2 beds2 baths1,414 sq ft

1116 N Dequincy St, Indianapolis, IN 46201

NEW 17 HRS AGO

$125,000

4 beds1 bath2,070 sq ft

435 N Sherman Dr, Indianapolis, IN 46201

NEW 17 HRS AGO

$249,900

3 beds2 baths2,698 sq ft

1329 N Drexel Ave, Indianapolis, IN 46201

NEW 17 HRS AGO

$310,000

3 beds1.5 baths2,424 sq ft

952 Eastern Ave, Indianapolis, IN 46201

NEW 18 HRS AGO

$119,000

2 beds1 bath1,904 sq ft

231 N Summit St, Indianapolis, IN 46201

NEW 34 HRS AGO3D WALKTHROUGH

$215,000

2 beds1 bath1,472 sq ft

4109 E 11th St, Indianapolis, IN 46201

NEW 1 DAY AGO3D WALKTHROUGH

$385,000

4 beds3 baths1,908 sq ft

2008 E Maryland St, Indianapolis, IN 46201

Home values near 409 N Riley Ave

Data from public records.

Address	Redfin Estimate
406 N Riley Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1604 Sq. Ft.	$152,320
405 N Riley Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 728 Sq. Ft.	$132,526

Address	Redfin Estimate
404 N Riley Avenue, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2418 Sq. Ft.	$268,459
337 N Riley Avenue, Indianapolis, IN 4 Beds \| 2 Baths \| 2391 Sq. Ft.	$213,330

Address	Redfin Estimate
427 N Riley Avenue, Indianapolis, IN 1 Beds \| - Baths \| 702 Sq. Ft.	$142,206
401 N Riley Avenue, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2280 Sq. Ft.	$241,931

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