Rare opportunity for a buyer to live in one unit and rent the other three out! This tenant occupied property is ready for its next owner to add their own creative touch. The current property owner has made updates as needed when units were turned over as well as a full rehab on unit number 4. There was off street parking added in 2025 for convenience for the residents who's units are on the back of the structure but parking on the street where legal is also an option. The home is located within minutes of shops, a grocery store, restaurants, and it just a few miles from downtown Indianapolis. Three units are currently occupied; please do not disturb tenants if passing by. Total income was $2690 when fully occupied. Pictures of all of the units were taken prior to tenants moving in. Agents, please reference private remarks for lease details. Room sizes are estimates
Active
Price cut: $10K (8/5)
$230,000
15 N Riley Ave, Indianapolis, IN 46201
3beds
4baths
--sqft
:
Get pre-qualified$1,595/mo
Multi Family, Quadruplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 46 days |
- 285 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Evan Wilbrandt 317-600-1062,
Wilmoth Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22109490
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Appliances
- Laundry: Common Laundry
Features
- Has basement: Yes
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street, Other)
Lot
- Size: 0.37 Acres
- Features: Access, Busline, Sidewalks, Mature Trees
Details
- Parcel number: 491004132012000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Quadruplex
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: Blankenship Et Al Pleasant View
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $261,300
- Annual tax amount: $6,356
- Date on market: 6/22/2026
- Cumulative days on market: 47 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $230,000-4.2% |
Source:  MIBOR as distributed by MLS GRID #22109490 Report a problem | ||
| 7/22/2026 | Price change | $240,000-4% |
Source: MIBOR as distributed by MLS GRID #22109490 Report a problem | ||
| 6/22/2026 | Listed for sale | $250,000+25% |
Source: MIBOR as distributed by MLS GRID #22109490 Report a problem | ||
| 7/27/2023 | Sold | $200,000+2.6% |
Source: Public Record Report a problem | ||
| 6/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/15/2023 | Listed for rent | $625-10.7% |
Source: Zillow Rentals Report a problem | ||
| 4/17/2023 | Pending sale | $195,000 |
Source: MIBOR as distributed by MLS GRID #21910500 Report a problem | ||
| 4/6/2023 | Price change | $195,000-2% |
Source: MIBOR as distributed by MLS GRID #21910500 Report a problem | ||
| 3/24/2023 | Listed for sale | $199,000 |
Source: MIBOR as distributed by MLS GRID #21910500 Report a problem | ||
| 3/22/2023 | Pending sale | $199,000 |
Source: MIBOR as distributed by MLS GRID #21910500 Report a problem | ||
| 3/17/2023 | Listed for sale | $199,000+80.9% |
Source: MIBOR as distributed by MLS GRID #21910500 Report a problem | ||
| 2/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/26/2023 | Price change | $700+7.7% |
Source: Zillow Rentals Report a problem | ||
| 10/31/2022 | Listed for rent | $650-3.7% |
Source: Zillow Rental Manager Report a problem | ||
| 4/25/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/15/2022 | Price change | $675+3.8% |
Source: Zillow Rental Manager Report a problem | ||
| 11/6/2021 | Listed for rent | $650 |
Source: Zillow Rental Manager Report a problem | ||
| 5/11/2020 | Listing removed | $110,000 |
Source: No Limit Real Estate, LLC #21680740 Report a problem | ||
| 5/11/2020 | Listed for sale | $110,000+21.5% |
Source: No Limit Real Estate, LLC #21680740 Report a problem | ||
| 5/8/2020 | Sold | $90,500-17.7% |
Source: MIBOR as distributed by MLS GRID #21680740 Report a problem | ||
| 3/14/2020 | Pending sale | $110,000 |
Source: No Limit Real Estate, LLC #21680740 Report a problem | ||
| 2/13/2020 | Listed for sale | $110,000 |
Source: No Limit Real Estate, LLC #21680740 Report a problem | ||
| 1/30/2020 | Pending sale | $110,000 |
Source: No Limit Real Estate, LLC #21680740 Report a problem | ||
| 1/4/2020 | Listed for sale | $110,000 |
Source: No Limit Real Estate, LLC #21680740 Report a problem | ||
| 12/15/2019 | Pending sale | $110,000 |
Source: No Limit Real Estate, LLC #21680740 Report a problem | ||
| 2/10/2017 | Sold | $110,000+340% |
Source: Public Record Report a problem | ||
| 12/9/2015 | Sold | $25,000+38.9% |
Source: Public Record Report a problem | ||
| 9/21/2011 | Sold | $18,000-70% |
Source: Public Record Report a problem | ||
| 11/12/2009 | Sold | $60,000+252.9% |
Source: Public Record Report a problem | ||
| 4/4/2007 | Sold | $17,000 |
Source: MIBOR as distributed by MLS GRID #2708825 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,012 +215.2% | $261,300 -11.6% |
| 2024 | $2,225 +24.7% | $295,500 +215% |
| 2023 | $1,785 +14.5% | $93,800 +24.1% |
| 2022 | $1,559 -5.4% | $75,600 +11.8% |
| 2021 | $1,649 +87.2% | $67,600 -5.1% |
| 2020 | $881 -0.9% | $71,200 +90.9% |
| 2019 | $889 +3.3% | $37,300 |
| 2018 | $860 -70.2% | $37,300 +3.6% |
| 2017 | $2,888 +109.8% | $36,000 -42.4% |
| 2016 | $1,377 +3.2% | $62,500 +1.3% |
| 2014 | $1,334 -6.2% | $61,700 |
| 2013 | $1,422 | $61,700 +1.3% |
| 2012 | $1,422 | $60,900 -5.7% |
| 2011 | -- | $64,600 |
| 2010 | $74 +6.2% | $64,600 |
| 2009 | $70 | $64,600 |
| 2007 | -- | $64,600 +9.7% |
| 2005 | -- | $58,900 +5% |
| 2004 | -- | $56,100 |
| 2003 | -- | $56,100 +149.3% |
| 2002 | -- | $22,500 +200% |
| 2001 | -- | $7,500 |
| 2000 | -- | $7,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 4/10George W. Julian School 57Grades: PK-5Distance: 0.6 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.7 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.6 mi
- $---- bd1 ba500 sqft15 N Riley Ave APT 1, Indianapolis, IN 46201Off Market
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- $1,0501 bd1 ba-- sqft5002 E Washington St APT 2, Indianapolis, IN 46201For Rent
A local agent can set up tours, give advice and negotiate with sellers.
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