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326 North Riley Avenue

326 North Riley Avenue, Indianapolis, IN 46201
Sold Aug 23, 2019
$192,000
$183,000 by Huntington National Bank
Mortgage Due Oct 01, 2035
Sold Jul 17, 2018
$74,000
$122,849 by Trident Reality Investments
Mortgage Due Jan 09, 2019
326 North Riley Avenue has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1927 and is 97 years old. However, we must point out that the home was most recently renovated and altered in 2012. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 326 North Riley Avenue has 1,418 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 672 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,650 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 6,621 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 780 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 326 North Riley Avenue sold most recently in Jul 17, 2019 for a total of $192,000. If you work out the math, that's approximately a cost of $91.87 per sqft. Before that, the property was also sold for $74,000 in Jun 13, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,811 in taxes each year. 326 North Riley Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $217,800. If we break it down further, the land itself was valued at $22,000. Improvements to the property, however, were assessed at a total of $195,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
Wood Exterior

Parking

Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 672
  • Garage Type: Detached
  • Garage Square Area: 780
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,090
  • Gross Building Area: 2,090
  • Building Area: 1,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,418
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAYMAN & CAREYS IRVINGTON PARK ADD
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LAYMANS & CAREYS IRVINGTON PARK L136

Ownership

  • Current Owner : WOERNER TUCKER LOUIS
  • Current Owner 2: WOERNER ALLISON VIOLET
  • Previous Owner : TREEBRIDGE MANAGEMENT LLC
  • Owner Before Previous Owner: MTGLQ INVESTORS LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355400

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-A3
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-144-106.000-101
  • Lot: 136
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7731
  • Longitude: -86.0864

    Address

  • Full Address: 326 N Riley Ave
  • Address - House Number: 326
  • Street Direction: N
  • Address - Street Name: Riley
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 3716
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,090
  • Tax Year: 2022
  • Tax Amount: $2,811
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 291,224
  • High Value: 358,260
  • Low Value: 224,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,000
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $183,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $217,800
  • Market Land Value: $22,000
  • Market Improvement Value: $195,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,800
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $195,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Transaction ID: 11637606797
  • Current Sale Price: $192,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900081055
  • Previous Sale Recording Date: Jul 17, 2018
  • Previous Sale Contract Date: Jun 13, 2018
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Mortgage Transaction Date: Aug 23, 2019
  • First Mortgage Loan Amount: $186,240
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT REALITY INVESTMENTS
  • Previous Mortgage Transaction Date: Jul 17, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $122,849
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 09, 2019

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Frequently Asked Questions

What neighborhood is 326 North Riley Avenue located in?
The 326 North Riley Avenue is a house located in the neighborhood of Emerson Heights in Near Eastside, Indianapolis.
What is the average sales price for listings in 326 North Riley Avenue?
The average sales price for units in 326 North Riley Avenue is $0 currently.

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