2853 E Riverside Dr
Indianapolis, IN 46208
Near NW-Riverside- 4 Beds
- 2 Baths
4 Beds
2 Baths
Local Information
© Google
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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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 06, 2026
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
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MLS Status: Sold |
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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 |
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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 |
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Cumulative Days on Market: 67 |
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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 |
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Price List Price: $199,900 |
Status Change & Dates Off Market Date: Tue Jan 27 2026Possession Timing: Close Of Escrow, Negotiable |
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Direction & Address City: IndianapolisCommunity: Browns Parkview |
School Information High School District: Indianapolis Public Schools |
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Buyer Agent Buyer Company Name: LIV Indy |
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Lot Area: 6969.6 sqft |
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Special Conditions: As Is, Cosmetics Needed, Defects/None Noted |
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Expense Tenant Pays: Cable TV, Electricity, Gas |
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Owner Pays: Sewer, Water |
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BasementMls Number: 22069805 |
Last check for updates: about 13 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
| Date | Price | Event | Source |
|---|---|---|---|
| 04/01/2026 | $185,000 | Sold | MIBOR as distributed by MLS GRID #22069805 |
| 02/03/2026 | $199,900 | Pending | MIBOR as distributed by MLS GRID #22069805 |
| 12/20/2025 | $199,900 | PendingToActive | MIBOR as distributed by MLS GRID #22069805 |
| 11/22/2025 | $199,900 | Pending | MIBOR as distributed by MLS GRID #22069805 |
| 11/12/2025 | $199,900 | PriceChange | MIBOR as distributed by MLS GRID #22069805 |
| 10/24/2025 | $225,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22069805 |
| 06/06/2022 | $199,900 | Sold | MIBOR as distributed by MLS GRID #21854899 |
| 05/13/2022 | $199,900 | Pending | MIBOR as distributed by MLS GRID #21854899 |
| 05/11/2022 | $199,900 | Listed For Sale | MIBOR as distributed by MLS GRID #21854899 |
| 11/04/2016 | $66,500 | Sold | MIBOR as distributed by MLS GRID #21429951 |
| 10/01/2016 | $65,756 | Pending | Agent Provided |
| 09/16/2016 | $65,756 | PendingToActive | Agent Provided |
| 09/02/2016 | $65,756 | Pending | Agent Provided |
| 07/13/2016 | $65,756 | Listed For Sale | Agent Provided |
| 12/26/2009 | $81,900 | ListingRemoved | Agent Provided |
| 08/31/2009 | $81,900 | Listed For Sale | Agent Provided |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
0.53 | Multi-Family Home | $175,500 | 10/22/25 | 4 | 2 | - | |
0.44 | Multi-Family Home | $191,500 | 06/03/25 | 6 | 2 | - | |
0.48 | Multi-Family Home | $110,000 | 01/08/26 | 4 | 2 | - | |
0.61 | Multi-Family Home | $204,000 | 07/24/25 | 4 | 2 | - | |
0.45 | Multi-Family Home | $140,000 | 10/29/25 | 2 | 1 | - | |
0.33 | Multi-Family Home | $65,000 | 03/09/26 | 6 | 4 | - | |
0.45 | Multi-Family Home | $125,000 | 09/26/25 | 2 | 1 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2853 E Riverside Dr.
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.
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Homes for sale near 2853 E Riverside Dr
Off Market Homes Near 2853 E Riverside Dr

Based on information submitted to the MLS GRID as of 2026-05-31 00:13:18 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
Homes for rent near 2853 E Riverside Dr
2853 E Riverside Dr, Indianapolis, IN 46208 is a 4 bedroom, 2 bathroom multi-family built in 1931. 2853 E Riverside Dr is located in Near NW-Riverside, Indianapolis. This property is not currently available for sale. 2853 E Riverside Dr was last sold on Apr 1, 2026 for $185,000 (7% lower than the asking price of $199,900). The current Trulia Estimate for 2853 E Riverside Dr is $185,800.

