NOT LISTED FOR SALE

1315 N Rural St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $90,000 - $132,000

1 Bed
-- Bath
504 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $18,900 $38 Per Sq Ft

Est. 487% increase in value since last sale

Current estimated payment $774/month

210 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Property is near a bus stop

About This Home

As of March 2015

Great investor opportunity on this bungalow duplex in Brookside Park revitalization area. Both sides are in good condition and move-in ready! Raised lot location with nice view. Property features covered porches, unfinished basements, hardwood floors, original wood trim, arched doorways, newer kitchens, newer furnaces & water heaters, and updated fixtures. Incredible, turnkey cash flow opportunity setup for new investor purchase!

Last Agent to Sell the Property

Chris Price

Keller Williams Indy Metro W Listed on: 08/26/2014

Keller Williams Indy Metro W

Last Buyer's Agent

Larry Swickheimer

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 504 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Location

  • Property is near a bus stop

Community Details

  • Vajens South Brookside Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 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: 2014
  • Year Built: 1901
  • Building Area Total: 504
  • Lot Size Acres: 0.14
  • Structure Type: Duplex
  • Subdivision Name: Vajens South Brookside
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • Website: www.IndyPropertySource.com
  • Conversion: No
  • MBR_AttributionContact: chrisprice@indypropertysource.com
  • Special Features: VirtualTour

Interior Features

  • Levels: One
  • Owner Pays: No Utilities
  • Upper Level Sq Ft: 0
  • SqFt Total: 504

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 19900

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected
  • Laundry Features: Connections All, Other
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Busline, Corner Lot, Curbs, Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.14
  • 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: 698
  • Tax Lot: 33
  • Semi Annual Property Tax Amt: 349
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Sheriff Of Marion County
Bought by
Determination Mortgage Trust and Us Bank Trust
Current Estimated Value
$111,000

Purchase Details

Closed on
Dec 26, 2023
Sold by
Step Two Llc
Bought by
Game Theory Llc

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
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2023
Sold by
Step Two Llc
Bought by
Game Theory Llc

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
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2014
Closed on
Mar 25, 2015
Sold by
1315 North Rural Street Llc
Bought by
Step Two Llc
Seller's Agent
Chris Price
Keller Williams Indy Metro W
Buyer's Agent
Larry Swickheimer
List Price
$24,500
Sold Price
$18,900
Premium/Discount to List
-$5,600
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%

Purchase Details

Closed on
Mar 27, 2013
Sold by
Bowles Donald R and Bowles Donna P
Bought by
1315 North Rural Street Llc

Purchase Details

Closed on
Feb 14, 2013
Sold by
Bowles Donald R
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Determination Mortgage Trust $406,169 None Listed On Document
Game Theory Llc -- First American
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
Previous Owner Game Theory Llc $342,300
Previous Owner Game Theory Llc $342,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2015 03/25/15 Sold $18,900 -22.9% $38 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
08/26/2014 08/26/14 For Sale $24,500 -- $49 / 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

  • C

    Seller's Agent in 2015

    Chris Price

    Keller Williams Indy Metro W

    Section Image

  • L

    Buyer's Agent in 2015

    Larry Swickheimer

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21311932

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 26 August 2014 and is currently estimated at $111,000, approximately $220 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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