OFF MARKET

Off Market Feb 2023 for $228K

$237,341

•

2,196

sq ft

720 N Riley Ave, Indianapolis, IN 46201

About this home

All you need to bring is your furniture and a porch swing and move right in. So many updates in this 3 bed/2 full bath two story home in historic Emerson Heights. New flooring and paint throughout. Updated kitchen with new stainless steel appliances, granite counter tops and beautiful backsplash. The first floor features a formal dining room, full bath and laundry. Lots of space for storage in the unfinished basement. Three large bedrooms and full bath upstairs. Large backyard with concrete patio for bbq's. New windows, roofing, cement board siding, furnace, flooring, paint, bathrooms, light fixtures, and appliances. Tons of new features packed into this charming 1920s Emerson Heights home. Welcome Home!

Single-familyProperty Type

1920Year Built

40 sq ftLot Size

$108Est. Price/Sq.Ft.

2 car garageParking

Listed by Justin Capps • Ferris Property Group

Contact: justin@ferrispropertygroup.com

Bought with Daniel Brown • F.C. Tucker Company

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21898438

Redfin Estimate

$237,341

$9,341 since sold in February 2023$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.3% higher than the average sale price ($199K) of 5 comparable homes.

SOLD JUL 24, 2026
$185,000
A
2 beds1.5 baths1,904 sq ft
5075 E Walnut St, Indianapolis, IN 46201
SOLD MAR 6, 2026
$215,000
B
3 beds1.5 baths2,156 sq ft
945 N Bosart Ave, Indianapolis, IN 46201
SOLD JUN 10, 2026
$149,900
C
4 beds2 baths2,436 sq ft
501 N Dequincy St, Indianapolis, IN 46201
SOLD MAY 29, 2026
$230,000
D
3 beds2 baths2,066 sq ft
813 N Gladstone Ave, Indianapolis, IN 46201
SOLD FEB 13, 2026
$214,500
E
3 beds2 baths2,211 sq ft
618 N Bosart Ave, Indianapolis, IN 46201

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Earn from this home

Sell

$51,633

Est. take-home

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Rent

$1,433/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 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 720 N Riley Ave

Date

Event

Price

MIBOR as Distributed by MLS Grid #21898438

Feb 7, 2023

Sold

$228,000

$104/sq ft

Jan 5, 2023

Pending

—

Jan 3, 2023

Listed

$229,900

$105/sq ft

MIBOR as Distributed by MLS Grid #21860993

Jun 13, 2022

Pending

—

Jun 13, 2022

Listing Removed

—

Jun 7, 2022

Price Changed

$175,000

$80/sq ft

Jun 2, 2022

Listed

$179,000

$82/sq ft

MIBOR as Distributed by MLS Grid #21318495

May 6, 2015

Sold

$115,000

$52/sq ft

Apr 3, 2015

Relisted

—

Mar 11, 2015

Contingent

—

Mar 1, 2015

Relisted

—

Mar 1, 2015

Listing Removed

—

Oct 2, 2014

Listed

$119,900

$55/sq ft

+16

Nestled on one of the sought after esplenades in sought after Historic Emerson Heights, this fully updated 3 bed 1.5 bath home features hardwoods throughout, custom eat-in, open kitchen with breakfast bar, granite counters. Bedrooms have spacious/ walk-in closets. Fenced backyard. Less than 10 minute drive to downtown and a five minute bike ride from the independently owned restaurants, boutique retailers, and breweries of Historic Irvington.

MIBOR as Distributed by MLS Grid #2701719

Jun 8, 2007

Listing Removed

—

Jan 8, 2007

Listed

$130,000

$59/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,719 (−0.5%)

$24,100 + $219,300

$243,400

2024

$2,734 (+13.7%)

$24,100 + $199,400

$223,500

2023

$2,404 (−50.1%)

$24,100 + $199,400

$223,500

2022

$4,820 (+25.0%)

$24,100 + $174,000

$198,100

2021

$3,856 (+8.0%)

$24,100 + $139,400

$163,500

2020

$3,570 (+6.2%)

$24,100 + $139,400

$163,500

2019

$3,362 (+9.7%)

$8,800 + $141,800

$150,600

2018

$3,066 (+20.8%)

$8,800 + $130,200

$139,000

2017

$2,538 (+10.5%)

$8,800 + $107,100

$115,900

2016

$2,296 (+41.6%)

$8,800 + $107,100

$115,900

2015

$1,621 (+4.2%)

$8,800 + $98,100

$106,900

2014

$1,556 (+1.9%)

$8,800 + $64,800

$73,600

2013

$1,527

$8,800 + $63,200

$72,000

Tax history for 720 N Riley Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,719 (−0.5%)

$24,100 + $219,300

$243,400

2024

$2,734 (+13.7%)

$24,100 + $199,400

$223,500

2023

$2,404 (−50.1%)

$24,100 + $199,400

$223,500

2022

$4,820 (+25.0%)

$24,100 + $174,000

$198,100

2021

$3,856 (+8.0%)

$24,100 + $139,400

$163,500

2020

$3,570 (+6.2%)

$24,100 + $139,400

$163,500

2019

$3,362 (+9.7%)

$8,800 + $141,800

$150,600

2018

$3,066 (+20.8%)

$8,800 + $130,200

$139,000

2017

$2,538 (+10.5%)

$8,800 + $107,100

$115,900

2016

$2,296 (+41.6%)

$8,800 + $107,100

$115,900

2015

$1,621 (+4.2%)

$8,800 + $98,100

$106,900

2014

$1,556 (+1.9%)

$8,800 + $64,800

$73,600

2013

$1,527

$8,800 + $63,200

$72,000

*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

1.5

Lot width

40 ft.

Lot depth

160 ft.

Lot size

6,403 Sq. Ft.

Year renovated

2008

Sq. Ft.

1,780

Year built

1920

Style

Single Family Residential

County

Marion County

APN

491004142072000101

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

Property details

Parking

Parking Information
Garage SqFt: 360
Parking Features: Detached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2196
Living Area: 1832
Main Level Sq. Ft.: 948
Upper Level Sq. Ft.: 832
Lower/Basement Level Sq. Ft (Finished): 52

Bedroom Information
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 3
Full Bathrooms MU: 1

Room 1 Information
Room Type: Bedroom 2
Room Features: Vinyl Plank
Room Dimensions: 14x11
Room Level: Upper

Room 2 Information
Room Type: Bedroom 3
Room Features: Vinyl Plank
Room Dimensions: 14x10
Room Level: Upper

Room 3 Information
Room Type: Dining Room
Room Features: Vinyl Plank
Room Dimensions: 16x13
Room Level: Main

Room 4 Information
Room Type: Kitchen
Room Features: Vinyl Plank
Room Dimensions: 12x16
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Features: Vinyl Plank
Room Dimensions: 25x14
Room Level: Main

Room 6 Information
Room Features: Vinyl Plank
Room Dimensions: 13x12
Room Level: Upper

Other Rooms Information
Rooms Upper: 3
Rooms Main: 3
Rooms Basement: 0
# of Rooms: 6

Basement Information
Has Basement
Basement Features: Unfinished

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

Interior Features
Interior Features: Hardwood Floors, Windows Vinyl, Eat-in Kitchen
Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, MicroHood, Gas Water Heater

Exterior

Building Information
Percent Optional Level Finished: 0-25%

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch

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: 0.147

Utilities

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

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: From Emerson, West on Michigan to Riley, north to home. Or West on 10th from Emerson, South on Riley
Tax Legal Description: EMERSON HTS 4TH SEC L5 B7

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,780
Stories: 1.5
Lot Size: 6,403 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 2008
County: Marion County
APN: 491004142072000101

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: justin@ferrispropertygroup.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block, Brick
Construction Materials: Cement Siding
Levels: Two

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 • 0.6mi

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

4/10 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

$226,000 – $273,000

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Home values near 720 N Riley Ave

Data from public records.

Address	Redfin Estimate
634 N Riley Avenue, Indianapolis, IN 4 Beds \| - Baths \| 1608 Sq. Ft.	$178,077
706 N Riley Avenue, Indianapolis, IN 4 Beds \| - Baths \| 2418 Sq. Ft.	$280,547

Address	Redfin Estimate
702 N Riley Avenue, Indianapolis, IN 4 Beds \| 2 Baths \| 3779 Sq. Ft.	$254,482
733 N Riley Avenue, Indianapolis, IN 3 Beds \| 2 Baths \| 2023 Sq. Ft.	$202,727

Address	Redfin Estimate
710 N Riley Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1252 Sq. Ft.	$187,049
709 N Riley Avenue, Indianapolis, IN 4 Beds \| 2 Baths \| 2813 Sq. Ft.	$204,300

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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