See Home Value
$103,903*
House - Off Market

3242 North RILEY Avenue

Indianapolis, IN 46218
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1046 Sqft
$60,000 - $70,000
Reference Base Price*
59.85%
Since Aug 1, 2017
National-US
Primary Model
Sold Jul 26, 2019
$50,767
Sold May 02, 2014
$5,500,000
$4,400,000 by Firstkey Lending Llc
Mortgage

About This Property

This was recently remodeled and was rented.  It is now ready for a new owner.  Home has many updated features (new 40 year rood, new AC, newer carpet, updated bathroom, some new windows.  This 3bed/1bath is located in a great neighborhood and comes with a fully fenced in yard behind the detached garage.  You get all of them for 65K.  So come and take a look at it for yourself before someone else claims it.  It is just waiting for your personal decorative touches.

The manager has listed the unit size as 1046 square feet.
Unit Size
1,046Ft²
Days on Market
-
Land Size
-
Price per sqft
$62
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Jul 26, 2019 Sold $8,066,800
Sold
Jul 8, 2017 Listed $65,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,320
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,046
  • Gross Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,046
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TUCKERS EMERSON AVE ADD
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TUCKERS EMERSON AVE ADD L78

Ownership

  • Current Owner : INDY 500 ACQUISITIONS LLC
  • Previous Owner : CORDIA HOMES I LLC
  • Owner Before Previous Owner: SWAGES REAL ESTATE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 350600

Geography

  • Assessors Map Reference: 2230-A4
  • District: 0001
  • Section: 210
  • Parcel: 49-07-21-138-079.000-101
  • Lot: 78
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8161
  • Longitude: -86.0866

    Address

  • Full Address: 3242 N Riley Ave
  • Address - House Number: 3242
  • Street Direction: N
  • Address - Street Name: Riley
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 2351
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,046
  • Tax Year: 2022
  • Tax Amount: $2,434
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 155,268
  • High Value: 190,163
  • Low Value: 120,374

    Market Valuation

  • Market Total Value: $101,400
  • Market Land Value: $7,900
  • Market Improvement Value: $93,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,400
  • Assessed Land Value: $7,900
  • Assessed Improvements Value: $93,500

    Sales

  • Current Sale Contract Date: Jul 17, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Transaction ID: 11628175087
  • Current Sale Price: $50,767
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900070048
  • Previous Sale Recording Date: May 02, 2014
  • Previous Sale Contract Date: Apr 09, 2014
  • Previous Sale Amount: $5,500,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: COREVEST AMERICAN FINANCE
  • First Mortgage Transaction Date: Jul 26, 2019
  • First Mortgage Loan Amount: $6,453,400
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTKEY LENDING LLC
  • Previous Mortgage Transaction Date: May 02, 2014
  • Previous Mortgage Loan Amount: $4,400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Martindale - Brightwood


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$975 /mo

  • 3 Beds
  • 1 Bath
  • 962 ft²
Listing by Manager
Unit for rent at

$850 /mo

  • 2 Beds
  • 1 Bath
  • 1,744 ft²
Listing by Evona Watson
Unit for rent at

$975 /mo

  • 3 Beds
  • 1 Bath
  • 1,136 ft²
Listing by Evona Watson


Frequently Asked Questions

When was property at 3242 North Riley Avenue built and last sold?
The property at 3242 North Riley Avenue was built in 1956 and last sold on Jul 17, 2019 for $50,767.
How much is this home worth?
The estimated value of the home located at 3242 North Riley Avenue is $69,363.
What are some comparable homes to 3242 North Riley Avenue?
There are currently no comparable homes to 3242 North Riley Avenue.

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