This 3 bedroom, 1 bathroom home offers plenty of potential for the right buyer. Situated on an approximately 0.59-acre lot (83x312 ft), the property provides ample outdoor space in a nice location.
The home itself is in need of significant repairs and updates, making it an excellent opportunity for investors, contractors, or anyone looking for a project. A 2-car detached garage adds extra storage and convenience.
With its generous lot size and solid bones, this property could be transformed into a charming residence or investment property.
Closed
$30,000
557 Indiana Ave, Olean, NY 14760
3beds
1,224sqft
Single Family Residence
Built in 1935
0.59 Acres Lot
$29,200 Zestimate®
$25/sqft
$1,512 Estimated rent
Home value
$29,200
Estimated sales range
Not available
$1,512/mo
Zestimate® history
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Ample outdoor space
Zillow last checked:
Listing updated:
Listed by:
Regis Handley 716-307-9256,
Howard Hanna Professionals - Olean
Bought with:
Brad Johnson, 10401379585
EXP-Premier Listings Team
Source: NYSAMLSs,MLS#: R1637196
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Heating
- Gas, Wall Furnace
Appliances
- Included: Appliances Negotiable, Gas Water Heater
Features
- Library, Other, See Remarks
- Flooring: Carpet, Laminate, Varies
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,224
- Total interior livable area: 1,224 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Concrete Driveway, Dirt Driveway, Gravel Driveway
Lot
- Size: 0.59 Acres
- Dimensions: 83 x 312
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04120009408200030080000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Resale
- Year built: 1935
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Olean
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $30,000-14.3%$25/sqft |
Source:  NYSAMLSs #R1637196 Report a problem | ||
| 9/26/2025 | Pending sale | $35,000$29/sqft |
Source: NYSAMLSs #R1637196 Report a problem | ||
| 9/10/2025 | Listed for sale | $35,000$29/sqft |
Source: NYSAMLSs #R1637196 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $39,000 |
| 2024 | -- | $39,000 |
| 2023 | -- | $39,000 |
| 2022 | -- | $39,000 |
| 2021 | -- | $39,000 |
| 2020 | -- | $39,000 |
| 2019 | -- | $39,000 |
| 2018 | -- | $39,000 |
| 2017 | $585 | $39,000 |
| 2016 | -- | $39,000 |
| 2015 | -- | $39,000 |
| 2014 | -- | $39,000 |
| 2013 | -- | $39,000 |
| 2012 | -- | $39,000 |
| 2011 | -- | $39,000 |
| 2010 | -- | $39,000 |
| 2009 | -- | $39,000 +1985.6% |
| 2008 | -- | $1,870 |
| 2007 | -- | $1,870 |
| 2006 | -- | $1,870 |
| 2005 | -- | $1,870 |
| 2004 | -- | $1,870 |
| 2002 | -- | $1,870 |
| 2001 | -- | $1,870 |
Find assessor info on the county website
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 3/10East View Elementary SchoolGrades: PK-3Distance: 1.2 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 1.4 mi
- 4/10Olean Middle SchoolGrades: 3-8Distance: 1.5 mi
Schools provided by the listing agent
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Cattaraugus County
- Olean
- 14760
- 557 Indiana Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Olean Topics
