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SOLD
$248,153
4
bd
— ba
1,360
sq ft

509 N Riley Ave, Indianapolis, IN 46201

map-entry

About this home

AWESOME DOUBLE ON GREAT TREE LINED STREET. PERFECT FOR OWNER OCCUPIED OR QUALITY RENTAL. GREAT WOODWORK THROUGHOUT, GOOD LIVING SPACES, BUILT IN'S, HARDWOODS...ALL THE QUALITY EXTRAS YOU EXPECT FROM THE EMERSON HEIGHTS NEIGHBORHOOD TIMES TWO. ONE UNIT IS BEING KEPT EMPTY FOR SHOWINGS.

Multi-familyProperty Type
1928Year Built
6,186 sq ftLot Size
$182Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$248,153
$171K since last sold$16K since August

This home's estimate is 16% higher than the average sale price ($214K) of 6 comparable homes.

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Earn from this home

Sell
$231,824
Est. take-home

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Market trends in 46201, IN

Sale history for 509 N Riley Ave

Tax history for 509 N Riley Ave

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

Public record

Beds
4
Baths
Stories
1.5
Lot width
40 ft.
Lot depth
155 ft.
Lot size
6,186 Sq. Ft.
Year renovated
1928
Sq. Ft.
1,360
Year built
1928
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
491004133004000101
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Jul 29, 2026.

Property details

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)
32
18
42
26
61
40
68
48
72
54
83
66
87
72
82
65
81
61
70
50
54
40
41
28
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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GreatSchools Ratings provided by GreatSchools.org.