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  • $240,000

    721 N Riley Ave, Indianapolis, IN 46201

    2beds
    1,972sqft
    Residential, Single Family Residence
    Built in 1925
    6,098 Square Feet Lot
    $240,100 Zestimate®
    $122/sqft
    $1,208 Estimated rent

    Home value

    $240,100

    $228,000 - $252,000

    $1,208/mo

    Zestimate® history
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    What's special

    Waterproofed basementPerfect oasis for entertainingTwo bedroomsInviting first floorOverlooking the esplanadeMud roomNew pella windows
    Emerson Heights! Gorgeous bungalow loaded with original charm overlooking the esplanade. The inviting first floor includes an updated kitchen, updated full bath, two bedrooms, and living and dining rooms. Original hardwood floors & built-ins in the dining room and kitchen! Upstairs you'll find a fully finished, gigantic bonus room that the previous owner used as an art studio. Turn it into a primary suite, playroom, office, etc. From the mud room, continue to the backyard featuring low maintenance landscaping and a 100 year old, just trimmed, Pin Oak tree with loads of native pollinators blooming all season long. Perfect oasis for entertaining and fully fenced backyard for privacy with a newer 2 car garage. Waterproofed basement. 2 year old roof. New Pella windows.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Aguirre 219-508-3914,

    @properties

    Bought with:

    David G Price

    Fathom Realty

    Source: MIBOR as distributed by MLS GRID,MLS#: 22107003MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 2
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bonus room
    • Level: Upper
    • Area: 532 Square Feet
    • Dimensions: 14x38
    Dining room
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Kitchen
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Laundry
    • Features: Other
    • Level: Basement
    • Area: 66 Square Feet
    • Dimensions: 11x6
    Living room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Mud room
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 8x5
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Wall Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Built-in Features, Hardwood Floors, High Speed Internet, Smart Thermostat
    • Flooring: Hardwood
    • Has basement: Yes
    Interior area
    • Total structure area: 1,972
    • Total interior livable area: 1,972 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,098 Square Feet
    • Features: Curbs, Sidewalks, Street Lights, Mature Trees
    Details
    • Parcel number: 491004107027000101
    • Special conditions: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding, Cement Siding, Block
    • Foundation: Concrete Perimeter, Block
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Security Fence
    • Subdivision: Emerson Heights
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $122/sqft
    • Tax assessed value: $240,500
    • Annual tax amount: $2,604
    • Date on market: 6/9/2026
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    7/15/2026Sold$240,000$122/sqft
    Source: MIBOR as distributed by MLS GRID #22107003 Report a problem
    6/11/2026Pending sale$240,000$122/sqft
    Source: MIBOR as distributed by MLS GRID #22107003 Report a problem
    6/9/2026Listed for sale$240,000+20%$122/sqft
    Source: MIBOR as distributed by MLS GRID #22107003 Report a problem
    7/10/2020Sold$200,000+5.3%$101/sqft
    Source: MIBOR as distributed by MLS GRID #21716459 Report a problem
    6/8/2020Pending sale$190,000$96/sqft
    Source: MIBOR REALTOR Association #21716459 Report a problem
    6/6/2020Listed for sale$190,000+22.6%$96/sqft
    Source: MIBOR REALTOR Association #21716459 Report a problem
    8/4/2017Sold$155,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,605 +0.9%$240,500 +9.2%
    2024$2,580 -2.9%$220,300 +0.3%
    2023$2,658 +25.5%$219,700 -2.2%
    2022$2,118 +19.2%$224,700 +21.6%
    2021$1,777 +7.7%$184,800 +18.5%
    2020$1,650 +10.8%$155,900 +9.6%
    2019$1,489 +290%$142,200 +10.9%
    2018$382 +1.3%$128,200 +106.4%
    2017$377 +15.1%$62,100 +7.8%
    2016$328 -2%$57,600 +0.5%
    2014$334 -20%$57,300 -2.1%
    2013$418 $58,500 -4.9%
    2012$418 $61,500 +5.3%
    2011-- $58,400
    2010$365 +11.4%$58,400
    2009$328 $58,400 -11.5%
    2007-- $66,000 +37.8%
    2006-- $47,900 +6.7%
    2005-- $44,900
    2004-- $44,900
    2003-- $44,900 +227.7%
    2002-- $13,700 +185.4%
    2001-- $4,800
    2000-- $4,800
    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $240,100
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    Estimated market value
    $240,100