1315 N Rural St Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $597/month
Highlights
- Ranch Style House
- Forced Air Heating System
- Wood Siding
About This Home
Investors and house hackers-don't miss this opportunity in the revitalizing Brookside Park neighborhood! Located at 1315 N Rural St, this vacant duplex sits just steps from beautiful Brookside Park, offering direct access to playgrounds, trails, and a peaceful creek. The location is ideal for strong rental demand: less than 5 minutes to downtown Indy, minutes to major freeways, and within 10 minutes of five hospitals-perfect for both long-term tenants and furnished mid-term rentals. Each unit features 1 bedroom, 1 bathroom, and 696 sq ft, plus a full unfinished basement for storage or expansion potential. The layouts feel private, with entrances on separate sides. One unit is in solid shape and nearly rent-ready; the other needs cosmetic finishing. The exterior will benefit from siding/trim cleanup, paint, and some fresh landscaping. Off-street parking is available off the alley with a large gravel area, and the spacious concrete pad in back offers great outdoor space for tenants. The seller recently purchased multiple properties and is only completing one renovation, making this a great chance for the next buyer to step in, add value, and execute a strong BRRRR play. Roof and mechanical ages are unknown. Sold as-is and priced firm. Recent inspection report is available for potential buyers. A promising investment in a rapidly improving area-bring your vision and make this one shine.
Listing Agent
Keller Williams Indpls Metro N License #RB15000083 Listed on: 11/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,998
Year Built
- Built in 1901
Home Design
- Duplex
- Ranch Style House
- Traditional Architecture
- Fixer Upper
- Block Foundation
- Wood Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- Common or Shared Parking
- Alley Access
Additional Features
- Laundry in Basement
- 6,098 Sq Ft Lot
- Forced Air Heating System
Community Details
- Vajens South Brookside Subdivision
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 490732193104000101
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2025 12/06/25 | Pending | -- | -- | -- | |
| 11/26/2025 11/26/25 | For Sale | $82,000 | +583.3% | -- | |
| 02/14/2013 02/14/13 | Sold | $12,000 | -63.5% | $24 / Sq Ft | View Prior Sale |
| 01/24/2013 01/24/13 | Pending | -- | -- | -- | |
| 10/23/2012 10/23/12 | For Sale | $32,900 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $82,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Sheriffs Deed | $406,169 | None Listed On Document | |
| Quit Claim Deed | -- | First American | |
| Quit Claim Deed | -- | First American | |
| Limited Warranty Deed | -- | Security Title | |
| Deed | $12,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $342,300 | New Conventional | |
| Previous Owner | $342,300 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22075012
APN: 49-07-32-193-104.000-101
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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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