Sheldon Barnes
For Sale — 1313 S Riley Avenue, Indianapolis, IN 462031313 S Riley Avenue
Indianapolis, Indiana 46203
Emerson Terrace
$120,000
Schedule a Showing2
Beds
1
Baths
720
Sq Ft
1950
Year Built
0.16
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 1313 S Riley Avenue
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 1313 S Riley Avenue in Emerson Terrace, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
INVESTOR SPECIAL! Properties are offered as a portfolio or select groupings: 5708 N Keystone Ave (22092987), 5414 E 11th St (22093025), 317-319 N Dequincy St (22093033), 3915 Brookville Rd (22093043), 2714 Baltimore Rd (22093049), and 1313 S Riley Ave (22093055). Video tours, rent roll, and financials available on request. All homes are tenant-occupied; tenants are open to extending leases. Showings require proof of funds or pre-approval and 35-hour notice. Showings available only on Sundays and Mondays, 9am-5pm. Please request all showings via Supra scheduling site (formerly BrokerBay). Preliminary title work is with First American Title, and they will be holding earnest money. Please send POF, pre-approvals, and any questions to agent May Ang.
Key things to know
- Tenant-occupied, lease-extension ready
- 2-car garage
- Central air and forced-air heat
- Eat-in kitchen
- 0.16-acre lot
Monthly payment
Estimate · $120,000
$779/mo
≈ $639 principal & interest · $140 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $24,000 on a loan of $96,000.
Price history
- Listedat $120,000
Apr 2, 2026
Recent comparable sales
$210,000
806 Cameron Street
2bd · 1ba · 827 sqft
Sold May 2026
$75,000
2876 Tindall Street
2bd · 1ba · 912 sqft
Sold May 2026
$55,000
1418 Finley Avenue
2bd · 1ba · 844 sqft
Sold May 2026
$150,000
1237 E Pleasant Run Parkway South Drive
2bd · 1ba · 672 sqft
Sold May 2026
$125,000
1524 Pleasant Street
2bd · 1ba · 796 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 4.0% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$120,000Listed· Apr 2, 2026
1 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.1 mi
- Monon Trail (Carmel)14.6 mi
- IU Health North Hospital14.8 mi
- Carmel High School15.3 mi
- Carmel Central Park15.5 mi
- Fishers High School15.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
720 sq ft
Year Built
1950
Stories
One
Subdivision
Emerson Terrace
Bedrooms
2
Bathrooms
1 full
Garage
2 spaces
School District
Indianapolis Public Schools