2853 E  Riverside Dr, Indianapolis, IN 46208
Property image
Property image
SOLD
APR 1, 2026

$185,200

Trulia Estimate
  • 4 Beds
  • 2 Baths

2853 E Riverside Dr, Indianapolis, IN 46208

Near NW-Riverside
Est. Refi. Payment $1,184/mo*
Refinance Your Home
Currently Off Market - Sold Apr 1, 2026 for $185,000 (7% below list price)

Home Value

Trulia Estimate
$185K
Since last month
Decreased$1K (-0.5%)
Since last year
Decreased$23K (-10.8%)
Since last sale
Increased$700 (+0.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +201% in the last 10 years
MonthEstimated value
2026
August 2026$186K
August 2026$186K
July 2026$187K
June 2026$187K
May 2026$186K
April 2026$185K
March 2026$196K
February 2026$195K
January 2026$192K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.53
Multi-Family Home
$175,500
10/22/25
4
2
-
0.05
Multi-Family Home
$125,000
07/21/26
2
1
-
0.48
Multi-Family Home
$110,000
01/08/26
4
2
-
0.45
Multi-Family Home
$140,000
10/29/25
2
1
-
0.45
Multi-Family Home
$125,000
09/26/25
2
1
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$125,000
2
1
-
Recently Sold
0.08
$140,800
3
1
1,800
Off Market
0.08
$405,000
-
-
-
Recently Sold
0.09
$137,300
4
1.5
1,260
Off Market
0.09
$81,100
3
1
1,653
Off Market
0.09
$140,000
3
2
2,460
Recently Sold
0.09
$405,000
-
-
-
Recently Sold
0.09
$184,000
4
2
2,218
Recently Sold
0.10
$165,000
3
2
2,744
For Sale
0.11
$148,700
4
2
1,008
Off Market
0.11
$315,800
3
2.5
2,572
Off Market

Local Information

  • Map ViewExplore the area around 2853 E Riverside Dr.
  • Schools9 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1931
2 Parking Spaces

About this House

Endless Potential Across from Riverside Park! Turnkey investment, Convert for creative income, or live-in opportunity in the popular Riverside neighborhood! This duplex bungalow at 2853-2855 Riverside Dr offers two spacious 2-bedroom, 1-bath units, each with a full, dry basement and original hardwood floors adding timeless character. Long-term tenants currently occupy both sides at $950/month per unit, providing stable income from day one. However, there's plenty of upside potential-convert to short-term rentals like Airbnb(2 car garage could be great game area), potentially convert the basements into additional units. Near major employers, like Riley Children's Hospital, making mid-term visiting nurses or similar housing an option. Or it's a great candidate to house hack by living in one side and renting out the other. Enjoy the unbeatable location directly across from Riverside Park and the White River, complete with walking trails, tennis courts, and an aquatic center. Take in peaceful park & trail views from the covered front porch, or explore nearby Marian University, IU Indianapolis, Children's Museum, downtown Indy, and White River Trail, all within easy reach. With easy interstate access, public transit nearby, and growing neighborhood revitalization, this property offers the ideal blend of stability, flexibility, and future potential. A rare opportunity in one of Indy's fastest-growing areas-perfect for investors or buyers looking to build wealth and enjoy a great location.
2853 E Riverside Dr, Indianapolis, IN 46208 is a 4 bedroom, 2 bathroom multi-family in Near NW-Riverside, built in 1931. It last sold for $185,000 on Apr 1, 2026 (7% below the $199,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $185,200, with a rent estimate of $1,063/month.
Last check for updates: about 7 hours ago
Listed by Andy Ludlow
eXp Realty, LLC
Bought with: Taylor Ballinger, eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22069805

Home Details for 2853 E Riverside Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,Full,Unfinished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Appliances & Utilities
Laundry: In Basement
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Unit Parking(2 Car Garage, Guest Parking, On Street)No CarportNo Attached GarageParking Spaces: 2Parking: Alley Access,Detached,Gravel
Frontage
Road Frontage: Street CutsRoad Surface Type: Asphalt

Days on Market

Cumulative Days on Market: 67

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Craftsman,Bungalow,Ranch,Traditional
Building
Construction Materials: Aluminum Siding, BrickNot a New Construction
Property Information
Parcel Number: 490627102002000101

Price & Status

Price
List Price: $199,900
Status Change & Dates
Off Market Date: Tue Jan 27 2026Possession Timing: Close Of Escrow, Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Browns Parkview
School Information
High School District: Indianapolis Public Schools

Agent Information

Buyer Agent
Buyer Company Name: LIV Indy

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: As Is, Cosmetics Needed, Defects/None Noted

Business

Expense
Tenant Pays: Cable TV, Electricity, Gas

Rental Terms, Policies & Fees

Owner Pays: Sewer, Water

Miscellaneous

BasementMls Number: 22069805

Price and Tax history

DateEventPrice
Apr 1, 2026
Source: MIBOR as distributed by MLS GRID #22069805
Sold
$185,000
Feb 3, 2026
Source: MIBOR as distributed by MLS GRID #22069805
Pending
$199,900
Dec 20, 2025
Source: MIBOR as distributed by MLS GRID #22069805
PendingToActive
$199,900
Nov 22, 2025
Source: MIBOR as distributed by MLS GRID #22069805
Pending
$199,900
Nov 12, 2025
Source: MIBOR as distributed by MLS GRID #22069805
PriceChange
$199,900
Price decreased by 11%

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Near NW-Riverside

At least 48 Trulia users voted on each feature.
  • 91 % Say there are sidewalks

  • 81 % Say car is needed

  • 78 % Say yards are well-kept

  • 74 % Say there's holiday spirit

  • 70 % Say parking is easy

  • 70 % Say kids play outside

  • 60 % Say it's dog friendly

  • 57 % Say neighbors are friendly

  • 54 % Say it's quiet

  • 50 % Say streets are well-lit

  • 43 % Say there's wildlife

  • 40 % Say they plan to stay for at least 5 years

  • 35 % Say there are community events

  • 29 % Say people would walk alone at night

  • 24 % Say it's walkable to restaurants

  • 11 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • William Stoll
    "It backs up to a nice park with recreation areas and a golf course. Thereโ€™s always events going on near the area such as food vendors, car shows etc."
  • Alexis
    "Affordable but growing. People need to keep their dogs on leash, too many stray dogs but otherwise great neighborhood. Has a new trail and bridge on east side of the area. Iโ€™m hoping to see these changes expand west of Gent Ave "
  • Navashti Journey
    "Neighborhood is improving and itโ€™s nice to have a large park close by. Walking your dog is safe in this neighborhood "
  • Navashti Journey
    "Itโ€™s a growing neighborhood with a great park close by. Plenty of room for your dogs to run and play. "
  • Trulia User
    "Huge walking trail that leads along the white river, great parks, annual bike marathons, people are always walking their dogs or riding bikes"
  • Trulia User
    "Still watch your children. it's more of a older community. But I love it! The environment is nice and cozy. Very nice neighbors. "
  • Trulia User
    "Historical Riverside. There was once an amusement park and 2 golf courses in this neighborhood. Close to Golden Hill community. Close to downtown Indy. "
  • Trulia User
    "I've lived in this area majority of my life and my neighbors are great. I feel safe and they're rebuilding a lot of the houses. the community helps one another out and look out for one another. "
  • Trulia User
    "the sunday night get togethers the neighborhood puts together with the nice cars and the motorcycles. a lot of churches here as well"
  • Trulia User
    "Huge park on riverside. Close access to 100 acres preserve near the art museum. Plenty of green space for you and the fur baby "
  • Trulia User
    "Iโ€™ve lived in this neighborhood for 5 years. I love the nearby parks and access to the 100 acre preserve near the art institute. Great way to get out and enjoy nature with the kiddos even during a pandemic. "
  • Trulia User
    "Neighbors are special in itself to be able to live somewhere where they are always outside and working to make their houses better their "
  • Trulia User
    "By the river and parks amphitheater and downtown and the ims 500 race track .a rated schools and lots of white peoples "
  • Leiha S.
    "I like this neighborhood. people tend to stick to themselves and its very quiet. also very dog friendly "
  • Leiha S.
    "I've lived here for about a year and the neighborhood is nice and quiet. very pet friendly and my son likes it here as well "
  • Smweyrick
    "We've lived here for a year now and love how convenient we are to everything in town! People are friendly and our kids love playing with the neighbors and at the local parks."
  • Stubbsc2023
    "Keep their dogs on a chain. There are always stray dogs running through the neighborhoods. Itโ€™s very scary!"
  • Navashti J.
    "I donโ€™t know because I have no idea how to find out about any event in this neighborhood. There is a nice park in my neighborhood that should be of more use and more event should take place there. "
  • Mary
    "There have been safety issues in the neighborhood, but most people are good people who care about the community. Some streets are better than others."
  • Amber A.
    "Quiet , clean and friendly neighborhood. Minutes from downtown, Newfields and the State Fairgrounds "
  • Hiwatha.walker1963
    "Park, school, college and golf courses nearby. Neighborhood Association. Nature trail and Art Museum."
  • Lakeshia C.
    "I see people walking dogs everyday in my neighborhood. You just have to be careful because there are strange animals running wild "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-03 13:03:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 2853 E Riverside Dr

  • What is 2853 E Riverside Dr estimated to be worth?
    Trulia's estimated value for 2853 E Riverside Dr in Indianapolis, IN is $185,200.
  • What is the price history for 2853 E Riverside Dr?
    2853 E Riverside Dr in Indianapolis, IN last sold for $185,000 in April 2026.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $251K. That is up $10K from the prior month.
  • Does 2853 E Riverside Dr have air conditioning?
    Yes, 2853 E Riverside Dr in Indianapolis, IN has air conditioning.
  • Does 2853 E Riverside Dr have laundry facilities?
    Yes, 2853 E Riverside Dr in Indianapolis, IN has laundry facilities.

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