Sold850d on marketHistoric · 111 yrs
738 N Riley Ave
Indianapolis, IN, 46201 • Near Eastside • Marion County
$192,000
2Beds
2Baths
0.15 acLot
1915Built
Property DNA
Scenic Views
City · Neighborhood
Craftsman Style
Built 1915 · 111 years of history
Emerson Heights
Near Eastside
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
1 saves
Buyers have saved this home
850 days on market
Established listing
About this home
Multi Family · Built 1915 · Historic
THIS IS IT!!! An unbelievable opportunity in one of the most highly sought-after neighborhoods in Indy! This Emerson Heights duplex is full of options to make your life better. Live in one side, and rent the other? YES! Obtain an easily rentable income property near downtown Indianapolis, just north of Irvington and just south of Little Flower? DOUBLE YES! Want to live out of both sides or make it into one large home in a hot-selling neighborhood? I WON'T STOP YOU! Each side features a covered front porch, living room, dining room (or secondary living space), kitchen, bathroom, bedroom, basement (which can be finished off to add an additional bedroom/bathroom), detached garage space, and picturesque backyard! The all-brick exterior makes for relatively low maintenance and solid construction throughout. You and/or your tenant(s) will enjoy being so close to amenities while also being a short walk/bike/car ride to some of the best dining/shopping/entertainment that Indy has to offer. You'll be amazed by the refinished hardwoods, excited by the endless possibilities, and charmed by the..... charm of the historical home, neighborhood, and surrounding properties. Opportunities like this don't come around everyday, so make sure to jump on this one while it's still available!
Standout features identified
Our analysis highlights refinished hardwoods, secondary living space, and covered front porch as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,260/month
Principal & Interest$1,004
Property Tax$192
Insurance$64
Down payment20% ($38,400)
3%50%
Est. 6.83% rate · 30yr fixed · $153,600 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1915
HeatingForced Air
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
StyleCraftsman
Year built1915
Stories1
Systems
HeatingForced Air
RoofAsphalt
ConstructionBrick
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementDaylight,Exterior Entry,Partial,Storage Space,Unfinished
FencingPrivacy
Lot6,534 sqft
Location & Tax
NeighborhoodNear Eastside
ZoningResidential
Annual tax$2,732
Parcel491004142029000101
Features & details
7 categories of property features
Interior Features
Heating
Forced Air
Laundry
In Basement
Exterior Features
Parking
Detached
Construction
Brick
Lot Features
Sidewalks
Street Lights
Mature Trees
Security
Smoke Alarm
Views
City
Neighborhood
Listing insights
Market data and value estimates
StatusSold
Days on market850
Est. value$215,300
Est. rent$991/mo
Tax rate0.96%
On marketOct 24, 2023
PostedOct 24, 2023
Last sold$192,000
MLS statusSold
MLS updatedDec 11, 2023
Tour days6
Views4
Favorites1
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46201
Price history
8 events
DateEventPrice$/sqftSource
Dec 11, 2023Sold$192,000—MIBOR as distributed by MLS GRID
Oct 25, 2023Pending Sale$219,900—MIBOR as distributed by MLS GRID
Oct 24, 2023Listed For Sale$219,900—MIBOR as distributed by MLS GRID
Jul 28, 2022Sold$170,000—Public Record
Mar 24, 2021Listing Removed——Owner
Oct 24, 2017Listing Removed$700—Owner
Sep 24, 2017Price Change$700—Owner
Sep 22, 2017Listed For Rent$800—Owner
Sold$192,000
Dec 11, 2023•MIBOR as distributed by MLS GRID
Pending Sale$219,900
Oct 25, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$219,900
Oct 24, 2023•MIBOR as distributed by MLS GRID
Sold$170,000
Jul 28, 2022•Public Record
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$700
Oct 24, 2017•Owner
Price Change$700
Sep 24, 2017•Owner
Listed For Rent$800
Sep 22, 2017•Owner
Tax history
18 years of records
YearTax paidAssessed value
Apr 10, 2024$2,300$186,600
Apr 10, 2023$3,372$160,200
Apr 10, 2022$2,731$142,800
Apr 10, 2021$2,374$118,400
Apr 10, 2020$2,141$102,500
Apr 10, 2019$1,934$90,700
Apr 10, 2018$1,627$81,200
Apr 10, 2017$1,543$73,600
Apr 10, 2016$1,445$68,400
Apr 10, 2014$1,576$72,900
Apr 10, 2013$1,885$85,300
Apr 10, 2012$1,885$83,800
Apr 10, 2011—$68,400
Apr 10, 2010$1,427$68,400
Apr 10, 2009$1,462$68,400
Apr 10, 2007—$72,900
Apr 10, 2002—$33,500
Apr 10, 2001—$10,930
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-09 18:48:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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