$35,600
SOLD NOV 7, 2012 RENTED JUL 22, 2025

1217 N Rural St Indianapolis, IN 46201

Near Eastside Neighborhood
-- Bed
-- Bath
511 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

2% Above List Price

50 Days on Market

About This Home

As of November 2024

Large two-story duplex! 3 BR, 1 BA per side. Completely rehabbed. Newer siding, windows and roof. New carpet and recently painted. New furnaces each unit in 2009. New water heaters and hardwired smoke alarms. Mudroom and laundry room off of kitchen. One side is rented and the other is vacant for viewing. No rehab needed. Rent other side out easily for $550. Total rent monthly rent potential of $1,000 - $1,100 per month.

Last Agent to Sell the Property

Michael Schafstall

Stratton Realty Group, LLC License #RB14052074 Listed on: 08/29/2012

Last Buyer's Agent

Philip Langholz

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • 511 Sq Ft Home
  • Duplex
  • Vinyl Siding

Community Details

  • Vajens South Brookside Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Tax Lot 24
  • Assessor Parcel Number 490732193117000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1923
  • Building Area Total: 766
  • Lot Size Acres: 0.13
  • Structure Type: Duplex
  • Subdivision Name: Vajens South Brookside
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: mschafstal@aol.com
  • Special Features: None

Interior Features

  • Living Area: 511
  • Owner Pays: No Utilities
  • Upper Level Sq Ft: 511
  • SqFt Total: 766

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 34900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Utilities: Cable Connected, Gas, Water Connected
  • Laundry Features: Other
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 1400

Lot Info

  • Lot Features: Access, Sidewalks, Storm Sewer
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.13
  • Parcel Number: 490732193117000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 12000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 924
  • Tax Lot: 24
  • Semi Annual Property Tax Amt: 462
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 15, 2024
Sold by
Johnson Antonio
Bought by
Black Myth Llc
Seller's Agent
Phillip Tinsley
House Counsel Realty
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro S
List Price
$200,000
Sold Price
$177,000
Premium/Discount to List
-$23,000
-11.5%
Views
36
Current Estimated Value
$170,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,142
Avg. Annual Appreciation
-5.06%

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 27, 2017
Bought by
Johnson Antonio
Seller's Agent
Keith Farabee
CityPlace Realty
Buyer's Agent
Stuart Surface
List Price
$37,900
Sold Price
$37,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.47%

Purchase Details

Closed on
Mar 13, 2015
Sold by
Egger David
Bought by
Just For Payton Llc

Purchase Details

Listed on
Aug 29, 2012
Closed on
Nov 7, 2012
Sold by
Michael D Schafstal
Bought by
Egger David
Seller's Agent
Michael Schafstall
Stratton Realty Group, LLC
Buyer's Agent
Philip Langholz
List Price
$34,900
Sold Price
$35,600
Premium/Discount to List
$700
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Listed on
Aug 29, 2012
Closed on
Nov 5, 2012
Sold by
Stallander Properties Llc
Bought by
Egger David
Seller's Agent
Michael Schafstall
Stratton Realty Group, LLC
Buyer's Agent
Philip Langholz
List Price
$34,900
Sold Price
$35,600
Premium/Discount to List
$700
2.01%

Purchase Details

Closed on
Oct 7, 2009
Sold by
Schafstall Michael
Bought by
Stallander Properties Llc

Purchase Details

Closed on
May 1, 2009
Sold by
Legacy Investment Properties
Bought by
Schafstall Michael

Purchase Details

Closed on
Nov 20, 2008
Sold by
Howard Carla N
Bought by
Legacy Investment Properties

Purchase Details

Closed on
Aug 22, 2006
Sold by
Af Properties Llc
Bought by
Howard Carla N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2006
Sold by
Levin Elliott D and Estate Of Ruben Aguirre & Joyc
Bought by
Af Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $177,000 None Listed On Document
Deed $37,900 --
Warranty Deed $37,900 Chicago Title Co Llc
Warranty Deed -- None Available
Deed $35,600 --
Warranty Deed -- --
Quit Claim Deed -- None Available
Corporate Deed -- None Available
Sheriffs Deed $19,001 None Available
Warranty Deed -- None Available
Trustee Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $89,900 New Conventional
Previous Owner $50,001 New Conventional
Previous Owner $108,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Under Contract -- -- --
04/17/2025 04/17/25 Price Changed $1,100 -9.5% $1 / Sq Ft
03/07/2025 03/07/25 Price Changed $1,215 -2.8% $1 / Sq Ft
12/11/2024 12/11/24 For Rent $1,250 0.0% --
11/15/2024 11/15/24 Sold $177,000 -11.5% $173 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $200,000 0.0% $196 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $200,000 +427.7% $196 / Sq Ft
07/28/2017 07/28/17 Sold $37,900 0.0% $37 / Sq Ft
06/29/2017 06/29/17 For Sale $37,900 +6.5% $37 / Sq Ft
11/07/2012 11/07/12 Sold $35,600 +2.0% $70 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $34,900 -- $68 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,155 $89,800 $20,200 $69,600
2023 $2,155 $85,800 $20,200 $65,600
2022 $2,182 $87,400 $20,200 $67,200
2021 $1,731 $70,000 $20,200 $49,800
2020 $1,323 $52,200 $2,800 $49,400
2019 $1,298 $50,200 $2,800 $47,400
2018 $1,273 $48,800 $2,800 $46,000
2017 $1,111 $47,200 $2,800 $44,400
2016 $1,334 $41,100 $2,800 $38,300
2014 $828 $38,300 $2,800 $35,500
2013 $759 $36,500 $2,800 $33,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Evona Watson

    Triple E Realty, LLC

  • P

    Seller's Agent in 2024

    Phillip Tinsley

    House Counsel Realty

  • J

    Seller Co-Listing Agent in 2024

    Joshua Kindlesparker

    Triple E Realty, LLC

  • G

    Buyer's Agent in 2024

    Gloria Gear

    Keller Williams Indy Metro S

  • K

    Seller's Agent in 2017

    Keith Farabee

    CityPlace Realty

  • S

    Buyer's Agent in 2017

    Stuart Surface

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21194115

MIBOR Broker Listing Cooperative®

APN: 49-07-32-193-117.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1217 N Rural St, Indianapolis, IN

This home is located at 1217 N Rural St, Indianapolis, IN 46201 and is currently priced at $35,600, approximately $69 per square foot. This property was built in 1923. 1217 N Rural St is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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