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
$125,000
3521 N Riley Ave, Indianapolis, IN 46218
3beds
920sqft
Est.:
Residential, Single Family Residence
Built in 1951
7,840.8 Square Feet Lot
$-- Zestimate®
$136/sqft
$-- HOA
What's special
Easy to maintainSimple functional layout
- 3 days |
- 339 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: January 11, 2026 at 02:30pm
Listing Provided by:
Olga Bliuc-Haggard 317-910-6505,
New Quantum Realty Group,
Justin Haggard
Source: MIBOR as distributed by MLS GRID,MLS#: 22079093
Tour with a local agent
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: 7,840.8 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: $136/sqft
- Tax assessed value: $52,900
- Annual tax amount: $1,256
- Date on market: 1/9/2026
- Cumulative days on market: 5 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listed for sale | $125,000$136/sqft |
Source:  MIBOR as distributed by MLS GRID #22079093 Report a problem | ||
| 9/30/2025 | Listing removed | $125,000$136/sqft |
Source: MIBOR as distributed by MLS GRID #22050330 Report a problem | ||
| 8/23/2025 | Price change | $125,000-7.4%$136/sqft |
Source: MIBOR as distributed by MLS GRID #22050330 Report a problem | ||
| 7/17/2025 | Listed for sale | $135,000-4.9%$147/sqft |
Source: MIBOR as distributed by MLS GRID #22050330 Report a problem | ||
| 7/1/2025 | Listing removed | $142,000$154/sqft |
Source: MIBOR as distributed by MLS GRID #21981816 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$629/mo
Principal & interest
$485
Property taxes
$100
Home insurance
$44
Climate risks
Neighborhood: Forest Manor
Nearby schools
GreatSchools rating
- 4/10James Russell Lowell School 51Grades: PK-6Distance: 1.8 mi
- 6/10Rousseau McClellan School 91Grades: PK-8Distance: 2.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 3.7 mi
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