NOT LISTED FOR SALE

1315 N Rural St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $103,000 - $167,000

1 Bed
-- Bath
504 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 14, 2013

Last sale price $12,000 $24 Per Sq Ft

Est. 1,025% increase in value since last sale

Current estimated payment $928/month

92 Days on Market

About This Home

As of February 2013

Diamond in the rough. Needs rehab.

Last Agent to Sell the Property

Darlene Welling

Welling Real Estate Group at MS Woods Listed on: 10/23/2012

Last Buyer's Agent

Ron Smith

Family Home Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 152

Parking

  • Alley Access

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 504 Sq Ft Home
  • 1-Story Property

Additional Features

  • 152 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • Vajens South Brookside Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance
  • Tax Lot 33
  • Assessor Parcel Number 490732193104000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1901
  • Building Area Total: 504
  • Structure Type: Duplex
  • Subdivision Name: Vajens South Brookside
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.alacarterealty.com
  • Conversion: No
  • MBR_AttributionContact: dwelling@comcast.net
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Insurance
  • Upper Level Sq Ft: 0
  • SqFt Total: 504

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 25000

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street,Other

Utilities

  • Utilities: Cable Available, Gas Nearby
  • Laundry Features: No Laundry Facil.
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Busline
  • Additional Parcels: No
  • Lot Size Sq Ft: 152
  • Parcel Number: 490732193104000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 588
  • Tax Lot: 33
  • Semi Annual Property Tax Amt: 294
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Step Two Llc
Bought by
Game Theory Llc
Total Days on Market
92
Current Estimated Value
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,300
Outstanding Balance
$338,271
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
-$203,271

Purchase Details

Closed on
Mar 25, 2015
Sold by
1315 North Rural Street Llc
Bought by
Step Two Llc

Purchase Details

Listed on
Oct 23, 2012
Closed on
Mar 27, 2013
Sold by
Bowles Donald R and Bowles Donna P
Bought by
1315 North Rural Street Llc
Seller's Agent
Darlene Welling
Welling Real Estate Group at MS Woods
Buyer's Agent
Ron Smith
Family Home Real Estate
List Price
$32,900
Sold Price
$12,000
Premium/Discount to List
-$20,900
-63.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.73%

Purchase Details

Listed on
Oct 23, 2012
Closed on
Feb 14, 2013
Sold by
Bowles Donald R
Seller's Agent
Darlene Welling
Welling Real Estate Group at MS Woods
Buyer's Agent
Ron Smith
Family Home Real Estate
List Price
$32,900
Sold Price
$12,000
Premium/Discount to List
-$20,900
-63.53%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Game Theory Llc -- First American
Step Two Llc -- Security Title
1315 North Rural Street Llc -- --
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Game Theory Llc $342,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $12,000 -63.5% $24 / Sq Ft
01/24/2013 01/24/13 Pending -- -- --
10/23/2012 10/23/12 For Sale $32,900 -- $65 / 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 $2,045 $84,200 $20,200 $64,000
2023 $2,045 $80,400 $20,200 $60,200
2022 $2,072 $82,000 $20,200 $61,800
2021 $1,652 $65,800 $20,200 $45,600
2020 $960 $35,800 $2,800 $33,000
2019 $943 $34,500 $2,800 $31,700
2018 $922 $33,400 $2,800 $30,600
2017 $812 $32,400 $2,800 $29,600
2016 $799 $32,500 $2,800 $29,700
2014 $667 $30,700 $2,800 $27,900
2013 $700 $29,700 $2,800 $26,900
Source: Public Records

Agents Affiliated with this Home

  • Darlene Welling

    Seller's Agent in 2013

    Darlene Welling

    Welling Real Estate Group at MS Woods

    (317) 345-0709

    50 Total Sales

    Section Image
  • Ron Smith

    Buyer's Agent in 2013

    Ron Smith

    Family Home Real Estate

    (727) 249-3636

    1 in this area

    15 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21202044

MIBOR Broker Listing Cooperative®

APN: 49-07-32-193-104.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1315 N Rural St, Indianapolis, IN

This home is located at 1315 N Rural St, Indianapolis, IN 46201 since 23 October 2012 and is currently estimated at $135,000, approximately $267 per square foot. This property was built in 1901. 1315 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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