See Home Value
$270,000 - $328,000
House - Off Market

1406 N Riley Avenue

Indianapolis, IN 46201
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
3545 Sqft
Sold Dec 14, 2023
$484,120
$364,000 by The Union Savings Bank
Mortgage Due Jan 01, 2054
Sold Jun 15, 2022
$275,000
$220,000 by Ruoff Mortgage Company Inc
Mortgage Due Jun 01, 2052

About This Property

This brick/stone beautiful mid-century  home features 4 bdrms and 2.5 ba. The lower level offers added living and entertaining space with wet bar, and fireplace. A little updating to make it your own. Ample living space in the generous-sized LR/DR or 4-season sunroom.There is another FP in the LR. The kitchen features granite counters and lots of storage. The huge primary bdrm has 3 closets and ensuite. The fenced backyard features multiple entertaining spots; a perfect place for a BBQ, and relaxing. There a large shed for all the yard tools.The oversized garage features pking for larger vehicles and all the toys. Nearby Scecina HS and Little Flower School is just 5-1/2 blocks, and all sidewalks, 10 min to downtown, near major hwy.

The manager has listed the unit size as 3545 square feet.
Unit Size
3,545Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$85
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Dec 14, 2023 Sold to Emily M Schlegel, Jacob L S... $484,120
Sold to Emily M Schlegel, Jacob L S...
Dec 7, 2023 No longer available -
No longer available
Nov 5, 2023 In contract -
In contract
Nov 2, 2023 Price Decreased $299,900
↓ $9K (2.9%)
Price Decreased
Oct 10, 2023 Price Decreased $309,000
↓ $6K (1.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,845
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,168
  • Gross Building Area: 3,168
  • Building Area: 2,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HURT & CURRYS BANCROFT & RILEY RESUB EME
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HURT & CURRYS BANCROFT & RILEY RE SUB LOT 1

Ownership

  • Current Owner : SCHLEGEL JACOB L
  • Current Owner 2: SCHLEGEL EMILY M
  • Previous Owner : GIERE KRISTOFFER A
  • Owner Before Previous Owner: GIERE KRISTOFFER A
  • Owner Before Previous Owner 2: GIERE HANNAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-A1
  • District: 0001
  • Section: 330
  • Parcel: 49-07-33-149-002.000-101
  • Lot: 1
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7859
  • Longitude: -86.0864

    Address

  • Full Address: 1406 N Riley Ave
  • Address - House Number: 1406
  • Street Direction: N
  • Address - Street Name: Riley
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 1840
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,768
  • Tax Year: 2022
  • Tax Amount: $3,100
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 309,577
  • High Value: 360,217
  • Low Value: 258,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $364,000
  • First Open Lien Mortgage Lender: THE UNION SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Dec 14, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $364,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $23,800
  • Market Improvement Value: $236,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,000
  • Assessed Land Value: $23,800
  • Assessed Improvements Value: $236,200

    Sales

  • Current Sale Contract Date: Dec 07, 2023
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Transaction ID: 11918251264
  • Current Sale Price: $484,120
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 103048
  • Previous Sale Recording Date: Jun 15, 2022
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE UNION SAVINGS BANK
  • First Mortgage Transaction Date: Dec 14, 2023
  • First Mortgage Loan Amount: $364,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Jun 15, 2022
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$333,900 Sep 13, 2023
-
-

About Near Eastside


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Frequently Asked Questions

When was property at 1406 North Riley Avenue built and last sold?
The property at 1406 North Riley Avenue was built in 1956 and last sold on Dec 7, 2023 for $484,120.
How much is this home worth?
The estimated value of the home located at 1406 North Riley Avenue is $325,837.
What are some comparable homes to 1406 North Riley Avenue?
Homes that are comparable to 1406 North Riley Avenue include a multifamily property at 814 North Dequincy Street, located in Indianapolis, IN.

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