OFF MARKET

Off Market Jul 2019 for $175K

$279,313

•

2,915

sq ft

505 N Riley Ave, Indianapolis, IN 46201

About this home

ABSOLUTELY GORGEOUS 4 BR 2 BA IN DESIRABLE EMERSON HEIGHTS. YOU HAVE TO LOOK INSIDE TO SEE THE BEAUTY THAT THIS TOTAL REHAB IS NOW!! LRG FORMAL LIVING RM. FORMAL DINING RM W/BUILT INS & BEAMED CEILINGS W/HDWD FLR. DOUBLE STAIRCASE TO THE 2 BRS & HALF BA UPSTAIRS. 2 NICE SIZE BR W/ALL NEW FULL BA ON MAIN LEVEL. KITCHEN IS TO DIE FOR!! NEW EVERYTHING! NEW CABS, NEW QUARTZ COUNTERTOPS, NEW STAINLESS FARMER'S SINK W/NEW FAUCET. NEW MOISTURE RESISTANCE TILE FLRG, NEW STAINLESS STEEL APPLS, W/DOUBLE DOOR FRIG, 5 BURNER GAS RANGE, MICRO, NOOK AREA, MUD AREA W/SHOE RACK, FULL PROFESSIONALLY WATERPROOFED BSMT, NEW HVAC SYSTEM, NEW WATER HEATER, NEW THERMAL WINDOWS & DOORS. NEW 100 AMP ELECTRICAL. 9' CEILINGS, SO MUCH MORE!!!

Single-familyProperty Type

1920Year Built

6,186 sq ftLot Size

$96Est. Price/Sq.Ft.

2 car garageParking

Listed by Dale Hammond • Carpenter, REALTORS®

Contact: dale@indyhouses.com

Bought with Scott Smith • Keller Williams Indy Metro Partners

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21635342

Redfin Estimate

$279,313

$104K since sold in July 2019$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.9% higher than the average sale price ($213K) of 6 comparable homes.

SOLD JUL 24, 2026
$235,000
A
4 beds1 bath3,018 sq ft
429 N Bancroft St, Indianapolis, IN 46201
SOLD JUL 30, 2026
$240,000
B
4 beds2 baths3,149 sq ft
425 N Bosart Ave, Indianapolis, IN 46201
SOLD AUG 28, 2026
$138,000
C
4 beds1 bath2,240 sq ft
837 N Bancroft St, Indianapolis, IN 46201
SOLD MAR 31, 2026
$212,000
D
4 beds2 baths2,950 sq ft
614 N Dequincy St, Indianapolis, IN 46201
SOLD AUG 10, 2026
$205,000
E
2 beds1 bath2,520 sq ft
611 Wallace Ave, Indianapolis, IN 46201
SOLD AUG 10, 2026
$249,900
F
4 beds2 baths2,684 sq ft
405 N Drexel Ave, Indianapolis, IN 46201

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Earn from this home

Sell

$141,196

Est. take-home

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Rent

$1,411/mo

Redfin rental estimate

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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 6 HRS AGO
$125,000
1 bed2 baths2,744 sq ft
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NEW 7 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 18 HRS AGO
$125,000
4 beds1 bath2,070 sq ft
435 N Sherman Dr, Indianapolis, IN 46201
NEW 18 HRS AGO
$249,900
3 beds2 baths2,698 sq ft
1329 N Drexel Ave, Indianapolis, IN 46201
NEW 18 HRS AGO
$310,000
3 beds1.5 baths2,424 sq ft
952 Eastern Ave, Indianapolis, IN 46201
NEW 19 HRS AGO
$119,000
2 beds1 bath1,904 sq ft
231 N Summit St, Indianapolis, IN 46201
3D WALKTHROUGH
$215,000
2 beds1 bath1,472 sq ft
4109 E 11th St, Indianapolis, IN 46201
3D WALKTHROUGH
$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 505 N Riley Ave

Date

Event

Price

MIBOR as Distributed by MLS Grid #21635342

Jul 8, 2019

Sold

$175,000

$60/sq ft

Jun 24, 2019

Pending

—

Jun 11, 2019

Price Changed

$188,000

$64/sq ft

May 7, 2019

Relisted

—

Apr 28, 2019

Pending

—

Apr 20, 2019

Listed

$192,900

$66/sq ft

MIBOR as Distributed by MLS Grid #21600191

Oct 29, 2018

Sold

$25,000

$9/sq ft

Oct 9, 2018

Listed

$25,000

$9/sq ft

Oct 9, 2018

Pending

—

Year

Property tax

Land + Additions

Assessment*

2025

$2,932

$25,100 + $237,200

$262,300

2024

$2,933 (+0.8%)

$25,100 + $214,600

$239,700

2023

$2,909 (−2.7%)

$25,100 + $214,600

$239,700

2022

$2,991 (+25.1%)

$25,100 + $214,300

$239,400

2021

$2,391 (+18.9%)

$25,100 + $175,500

$200,600

2020

$2,011 (+81.6%)

$25,100 + $175,500

$200,600

2019

$1,108 (+9.0%)

$9,200 + $159,300

$168,500

2018

$1,016 (+31.6%)

$9,200 + $94,100

$103,300

2017

$772 (+23.3%)

$9,200 + $76,000

$85,200

2016

$626 (−4.6%)

$9,200 + $76,000

$85,200

2015

$656 (+9.3%)

$9,200 + $69,500

$78,700

2014

$600 (−5.8%)

$9,200 + $70,400

$79,600

2013

$637

$9,200 + $68,700

$77,900

Tax history for 505 N Riley Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,932

$25,100 + $237,200

$262,300

2024

$2,933 (+0.8%)

$25,100 + $214,600

$239,700

2023

$2,909 (−2.7%)

$25,100 + $214,600

$239,700

2022

$2,991 (+25.1%)

$25,100 + $214,300

$239,400

2021

$2,391 (+18.9%)

$25,100 + $175,500

$200,600

2020

$2,011 (+81.6%)

$25,100 + $175,500

$200,600

2019

$1,108 (+9.0%)

$9,200 + $159,300

$168,500

2018

$1,016 (+31.6%)

$9,200 + $94,100

$103,300

2017

$772 (+23.3%)

$9,200 + $76,000

$85,200

2016

$626 (−4.6%)

$9,200 + $76,000

$85,200

2015

$656 (+9.3%)

$9,200 + $69,500

$78,700

2014

$600 (−5.8%)

$9,200 + $70,400

$79,600

2013

$637

$9,200 + $68,700

$77,900

*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

40 ft.

Lot depth

155 ft.

Lot size

6,186 Sq. Ft.

Year renovated

2010

Sq. Ft.

2,343

Year built

1920

Style

Single Family Residential

County

Marion County

APN

491004133003000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

Aug 15, 2019 • Final

Electrical - 1-2 family

Perform a complete electrical rewire and upgrade the service from 100 amps to 200 amps. Install an overhead service with a ground rod.

Electrical

Jun 28, 2006 • Final

Structural permit-1-2 family-miscellaneous

Roofing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Garage Parking Other: Service Door
Parking Features: Detached, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2915
Living Area: 2343
Main Level Sq. Ft.: 1199
Upper Level Sq. Ft.: 1144
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Upper Bedrooms: 2
# of Bedrooms Main: 2
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Upper): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 4
Full Bathrooms MU: 1

Room 1 Information
Room Type: Kitchen
Room Features: Engineered Hardwood
Room Dimensions: 13x10
Room Level: Main

Room 2 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 25x12
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Engineered Hardwood
Room Dimensions: 13x13
Room Level: Main

Room 4 Information
Room Features: Carpet
Room Dimensions: 13x11
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 20x10
Room Level: Upper

Room 6 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

Room 7 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 13x10
Room Level: Upper

Room 8 Information
Room Type: Breakfast Room
Room Features: Engineered Hardwood
Room Dimensions: 9x5
Room Level: Main

Room 9 Information
Room Features: Other
Room Dimensions: 19x13
Room Level: Basement

Room 10 Information
Room Type: Utility Room
Room Features: Other
Room Dimensions: 20x13
Room Level: Basement

Other Rooms Information
Rooms Upper: 2
Rooms Main: 6
Rooms Basement: 2
# of Rooms: 10

Laundry Room Information
Laundry Features: In Basement

Basement Information
Has Basement
Basement Features: Partial, Sump Pump

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Built In Book Shelves, Screens Complete, Windows Thermal, Windows Vinyl, Wood Work Painted
Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Gas Water Heater
Areas Interior: Living Room Formal,Utility Room

Exterior

Building Information
Percent Optional Level Finished: 0-25%

Exterior Features
Patio And Porch Features: Covered Porch
Fencing: Fence Full Rear

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.142
Lot Features: Sidewalks, Street Lights

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available
Solid Waste Information: Yes

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: WEST FROM EMERSON ON EAST MICHIGAN TO RILEY AND TURN RIGHT OR NORTH TO THE HOUSE ON THE RIGHT
Tax Legal Description: EMERSON HGTS 1ST SEC L31 BLK2

Public facts

Beds: 2
Baths: —
Sq. Ft.: 2,343
Stories: 1.0
Lot Size: 6,186 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 2010
County: Marion County
APN: 491004133003000101

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: dale@indyhouses.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block, Partial
Construction Materials: Aluminum Siding, Brick
Levels: One and One Half

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 • 0.5mi

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 101° expected this year, 18 days in 30 years

2/10 Wind Factor

1% 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

$266,000 – $322,000

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Home values near 505 N Riley Ave

Data from public records.

Address	Redfin Estimate
524 North Riley Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2148 Sq. Ft.	$238,479
509 North Riley Ave, Indianapolis, IN 4 Beds \| - Baths \| 1360 Sq. Ft.	$232,434

Address	Redfin Estimate
437 North Riley Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2400 Sq. Ft.	$241,279
510 North Riley Ave, Indianapolis, IN 5 Beds \| - Baths \| 1700 Sq. Ft.	$228,398

Address	Redfin Estimate
433 North Riley Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2400 Sq. Ft.	$222,606
444 North Riley Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 1684 Sq. Ft.	$196,707

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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