This 3-bedroom, 1-bath home is currently rented for $900 a month and provides dependable cash flow in a growing area. Located on the northeast side of Indianapolis, it's close to parks, schools, and major roadways. The interior offers a simple, functional layout that's easy to maintain. A solid choice for investors seeking steady rental income with long-term upside.
Active
Price cut: $10K (4/15)
$115,000
3521 N Riley Ave, Indianapolis, IN 46218
3beds
920sqft
Residential, Single Family Residence
Built in 1951
7,840 Square Feet Lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Easy to maintainSimple functional layout
- 160 days |
- 157 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Olga Bliuc-Haggard 317-910-6505,
New Quantum Realty Group,
Justin Haggard
Source: MIBOR as distributed by MLS GRID,MLS#: 22079093
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 132 Square Feet
- Dimensions: 16.5x8
Living room
- Level: Main
- Area: 189.75 Square Feet
- Dimensions: 16.5x11.5
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Microwave, Electric Oven, Refrigerator
Features
- Has basement: No
Interior area
- Total structure area: 920
- Total interior livable area: 920 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 490721105028000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $62,700
- Annual tax amount: $1,256
- Date on market: 1/9/2026
- Cumulative days on market: 162 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Price change | $115,000-8%$125/sqft |
Source: | ||
| 1/9/2026 | Listed for sale | $125,000$136/sqft |
Source: | ||
| 9/30/2025 | Listing removed | $125,000$136/sqft |
Source: | ||
| 8/23/2025 | Price change | $125,000-7.4%$136/sqft |
Source: | ||
| 7/17/2025 | Listed for sale | $135,000-4.9%$147/sqft |
Source: | ||
| 7/1/2025 | Listing removed | $142,000$154/sqft |
Source: | ||
| 6/19/2024 | Listed for sale | $142,000+147%$154/sqft |
Source: | ||
| 7/27/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/18/2022 | Price change | $999-2.5%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/17/2022 | Price change | $1,025-2.3%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/7/2022 | Price change | $1,049-4.5%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/26/2022 | Listed for rent | $1,099+12.7%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/5/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/25/2021 | Price change | $975-2.4%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/7/2021 | Listed for rent | $999+42.9%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/21/2021 | Sold | $57,500+180.5%$63/sqft |
Source: Public Record Report a problem | ||
| 10/15/2019 | Listing removed | $699$1/sqft |
Source: PMI Midwest Report a problem | ||
| 9/23/2019 | Listed for rent | $699+17.5%$1/sqft |
Source: PMI Midwest Report a problem | ||
| 11/16/2018 | Sold | $20,500$22/sqft |
Source: Public Record Report a problem | ||
| 2/25/2017 | Listing removed | $595$1/sqft |
Source: Comfort Housing, LLC Report a problem | ||
| 2/4/2017 | Price change | $595-8.5%$1/sqft |
Source: Comfort Housing, LLC Report a problem | ||
| 1/19/2017 | Listed for rent | $650+18.2%$1/sqft |
Source: Comfort Housing, LLC Report a problem | ||
| 5/20/2015 | Listing removed | $550$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 5/8/2015 | Listed for rent | $550+11.1%$1/sqft |
Source: Comfort Housing LLC Report a problem | ||
| 9/29/2014 | Listing removed | $495$1/sqft |
Source: Comfort Housing LLC Report a problem | ||
| 9/16/2014 | Listed for rent | $495+10%$1/sqft |
Source: Comfort Housing LLC Report a problem | ||
| 9/24/2013 | Listing removed | $450 |
Source: Comfort Housing, LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,255 -1.8% | $62,700 +18.5% |
| 2024 | $1,279 +2.9% | $52,900 -1.9% |
| 2023 | $1,242 +22.6% | $53,900 +2.5% |
| 2022 | $1,013 +95.2% | $52,600 +19.8% |
| 2021 | $519 -5.3% | $43,900 +96% |
| 2020 | $548 +10.5% | $22,400 -3.4% |
| 2019 | $496 +6.5% | $23,200 +11.5% |
| 2018 | $465 +3.1% | $20,800 +2% |
| 2017 | $451 +18.4% | $20,400 +12.7% |
| 2016 | $381 -3.2% | $18,100 -0.5% |
| 2014 | $394 -33.3% | $18,200 -12.1% |
| 2013 | $590 | $20,700 -21.3% |
| 2012 | $590 | $26,300 +0.4% |
| 2011 | -- | $26,200 |
| 2010 | $545 -2.5% | $26,200 |
| 2009 | $558 | $26,200 -39.8% |
| 2007 | -- | $43,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Forest Manor
Nearby schools
GreatSchools rating
- 3/10James Russell Lowell School 51Grades: PK-5Distance: 1.8 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 4.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 3.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Marion County
- Indianapolis
- 46218
- Forest Manor
- 3521 N Riley Ave





