FOR SALE BY OWNER
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12336 Riley Rd, Indianapolis, IN 46236
12336 Riley Rd, Indianapolis, IN 46236, Indianapolis, IN 46236
$289,900
$181/sq ft
3 Beds
2.0 Baths
1,600 Sq Ft
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About This Property
Beautiful Brick Ranch on ½ Acre + Rare 2.5% Assumable Mortgage!
$289,900
Don’t miss this beautifully updated brick-front ranch situated on approximately ½ acre with a fully fenced backyard. This move-in-ready home combines major updates with an incredible financing opportunity that is hard to find in today’s market.
Features include:
Low 2.5% assumable first mortgage with an approximate balance of $130,000 (qualified buyers can assume the existing loan and finance only the remaining balance).
New roof (2021)
New siding and gutters (2023)
Fresh interior paint throughout
New ceramic plank flooring in the kitchen and sitting/office area
Spacious primary suite with an adjoining sitting room/office (previously the 4th bedroom and easily converted back if desired)
Professionally landscaped
Two mini barns for additional storage
Permanent basketball goal
Large, fully fenced backyard with plenty of room to relax, play, or entertain
Huge financing advantage: Assume the existing 2.5% first mortgage (approximately $130,000) and obtain a second mortgage or additional financing for the difference between the assumable loan balance and the $289,900 purchase price. This could save thousands in interest compared to today’s rates.
Homes with assumable low-interest mortgages are extremely rare. Schedule your showing today before this opportunity is gone!
BUYERS AGENTS...BRING US A BUYER AND YOU'LL GET $3,000 COMMISSION AT CLOSING!
Property Type
Single Family
Year Built
1987
Lot Size
1 Acres
Heating
Forced air; Gas
Cooling
Central
Features & Amenities
Interior Features
- Asphalt
- Brick
- Carpet
- Central
- Forced air
- Garage - Attached
- Garbage disposal
- Gas
- Laminate
- Microwave
- None
- Range / Oven
- Tile Flooring
- Vinyl
Kitchen & Appliances
- Dishwasher
Property Owner
PO
Property Owner
Property Owner
Schedule a Showing
Get Pre-Approved for Your Home Loan
Complete the form below to get pre-approved for your home loan. This will help you understand your budget and show sellers you're a serious buyer.
Mortgage Calculator
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Estimated Monthly Payment
$1,933
Payment Breakdown
Principal & Interest
$1,543
Property Tax
$290
Home Insurance
$100
HOA Fees
$0
Loan Amount
$231,920
Total Interest Paid
$323,549
Total Cost
$555,469