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

2853 E Riverside Dr
Indianapolis, IN 46208

Near NW-Riverside
  • 4 Beds
  • 2 Baths

$185,000

Last Sold: Apr 1, 2026
7% below list $200K
Est. Refi. Payment $1,164/mo*
Refinance Your Home

$185,000

Last Sold: Apr 1, 2026
7% below list $200K
Est. Refi. Payment $1,164/mo*
Refinance Your Home
4 Beds
2 Baths

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

Description

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). It is currently off market. The Trulia Estimate is $186,800, with a rent estimate of $1,002/month.

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
Last check for updates: about 3 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

Price History for 2853 E Riverside Dr

DatePriceEventSource
04/01/2026$185,000Sold
MIBOR as distributed by MLS GRID #22069805
02/03/2026$199,900PendingMIBOR as distributed by MLS GRID #22069805
12/20/2025$199,900PendingToActiveMIBOR as distributed by MLS GRID #22069805
11/22/2025$199,900PendingMIBOR as distributed by MLS GRID #22069805
11/12/2025$199,900PriceChange
MIBOR as distributed by MLS GRID #22069805
10/24/2025$225,000Listed For SaleMIBOR as distributed by MLS GRID #22069805
06/06/2022$199,900Sold
MIBOR as distributed by MLS GRID #21854899
05/13/2022$199,900PendingMIBOR as distributed by MLS GRID #21854899
05/11/2022$199,900Listed For SaleMIBOR as distributed by MLS GRID #21854899
11/04/2016$66,500Sold
MIBOR as distributed by MLS GRID #21429951
10/01/2016$65,756PendingAgent Provided
09/16/2016$65,756PendingToActiveAgent Provided
09/02/2016$65,756PendingAgent Provided
07/13/2016$65,756Listed For SaleAgent Provided
12/26/2009$81,900ListingRemovedAgent Provided
08/31/2009$81,900Listed For SaleAgent Provided

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$3,925
Assessment$167,600
Home facts updated by county records

Comparable Sales for 2853 E Riverside Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1134 W 27th St, Indianapolis, IN
0.53
Multi-Family Home
$175,500
10/22/25
4
2
-
1248 W 33rd St, Indianapolis, IN
0.56
Multi-Family Home
$150,000
10/30/25
3
2
-
1150 Eugene St, Indianapolis, IN
0.48
Multi-Family Home
$110,000
01/08/26
4
2
-
1062 W Roache St, Indianapolis, IN
0.61
Multi-Family Home
$204,000
07/24/25
4
2
-
1263 W 32nd St, Indianapolis, IN
0.45
Multi-Family Home
$140,000
10/29/25
2
1
-
1306 W 30th St, Indianapolis, IN
0.33
Multi-Family Home
$65,000
03/09/26
6
4
-

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 2853 E Riverside Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Near NW-Riverside
See Local Highlights
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. There’s always events going on near the area such as food vendors, car shows etc."
    0
    Flag
  • 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. I’m hoping to see these changes expand west of Gent Ave "
    0
    Flag
  • Navashti Journey
    "Neighborhood is improving and it’s nice to have a large park close by. Walking your dog is safe in this neighborhood "
    1
    Flag
  • Navashti Journey
    "It’s a growing neighborhood with a great park close by. Plenty of room for your dogs to run and play. "
    5
    Flag
  • 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"
    1
    Flag
  • 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. "
    0
    Flag
  • 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. "
    3
    Flag
  • 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. "
    2
    Flag
  • 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"
    1
    Flag
  • 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 "
    0
    Flag
  • Trulia User
    "I’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. "
    0
    Flag
  • 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 "
    0
    Flag
  • Trulia User
    "By the river and parks amphitheater and downtown and the ims 500 race track .a rated schools and lots of white peoples "
    0
    Flag
  • Leiha S.
    "I like this neighborhood. people tend to stick to themselves and its very quiet. also very dog friendly "
    13
    Flag
  • 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 "
    9
    Flag
  • 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."
    17
    Flag
  • Stubbsc2023
    "Keep their dogs on a chain. There are always stray dogs running through the neighborhoods. It’s very scary!"
    2
    Flag
  • Navashti J.
    "I don’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. "
    2
    Flag
  • 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."
    1
    Flag
  • Amber A.
    "Quiet , clean and friendly neighborhood. Minutes from downtown, Newfields and the State Fairgrounds "
    5
    Flag
  • Hiwatha.walker1963
    "Park, school, college and golf courses nearby. Neighborhood Association. Nature trail and Art Museum."
    7
    Flag
  • Lakeshia C.
    "I see people walking dogs everyday in my neighborhood. You just have to be careful because there are strange animals running wild "
    1
    Flag

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Homes for sale near 2853 E Riverside Dr

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Off Market Homes Near 2853 E Riverside Dr

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Based on information submitted to the MLS GRID as of 2026-07-20 03:23:09 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