NOT LISTED FOR SALE

1550 N Rural St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $102,000 - $183,000

4 Beds
1 Bath
1,068 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $89,500 $84 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $896/month

7 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Carpet
  • 1 Car Detached Garage

About This Home

As of July 2022

Investment property!! Investors looking for their next flip or rental this may work. The vacant lot located to the north of 1550 is not part of this listing. Seller does not own the vacant lot. Property being sold AS-IS, Where-is. No Wholesalers.

Last Agent to Sell the Property

Steve Lehman

Steve Lehman Listed on: 06/02/2022

Last Buyer's Agent

Charlene Gaard

No Limit Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1963

Lot Details

  • 7,754 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,068 Sq Ft Home
  • Window Screens

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490732175001000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1963
  • Building Area Total: 1068
  • Garage Y N: Yes
  • Lot Size Acres: 0.178
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Screens Some
  • Other Equipment: Not Applicable
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1068
  • Main Level Sq Ft: 1068
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric,Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490732175001000101
  • Acres: <1/4 Acre
  • Lot Number: 121
  • Lot Size: 7,754

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 856
  • Semi Annual Property Tax Amt: 428
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 12, 2022
Sold by
Lola Jane Printing Press 3 Llc
Bought by
Ps1 Llc
Seller's Agent
Steve Lehman
Steve Lehman
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$96,000
Sold Price
$89,500
Premium/Discount to List
-$6,500
-6.77%
Current Estimated Value
$131,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,275
Avg. Annual Appreciation
12.40%

Purchase Details

Closed on
Apr 25, 2022
Sold by
Simple Quarters Llc
Bought by
Lola Jane Printing Press 3 Llc

Purchase Details

Closed on
Apr 20, 2022
Sold by
Chaney Margaret M
Bought by
Simple Quarters Llc

Purchase Details

Closed on
Apr 15, 2022
Sold by
Chaney Margaret M
Bought by
Simple Quarters Llc

Purchase Details

Closed on
Apr 13, 2022
Sold by
Chaney Margaret M
Bought by
Simple Quarters Llc
Source: Public Records

Range of Values:

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Average Value
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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
Ps1 Llc -- Investors Title
Lola Jane Printing Press 3 Llc $75,000 --
Simple Quarters Llc -- Hocker Janet Davis
Simple Quarters Llc $53,289 Hocker Janet Davis
Simple Quarters Llc -- Hocker Janet Davis
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $89,500 -5.8% $84 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $95,000 -1.0% $89 / Sq Ft
06/02/2022 06/02/22 For Sale $96,000 -- $90 / 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 $2,476 $104,100 $24,200 $79,900
2023 $2,476 $99,900 $24,200 $75,700
2022 $1,170 $109,600 $24,200 $85,400
2021 $958 $94,900 $24,200 $70,700
2020 $523 $67,800 $7,000 $60,800
2019 $550 $70,700 $7,000 $63,700
2018 $523 $65,900 $7,000 $58,900
2017 $412 $57,800 $7,000 $50,800
2016 $380 $55,900 $7,000 $48,900
2014 $323 $55,700 $7,000 $48,700
2013 $325 $55,700 $7,000 $48,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steve Lehman

    Steve Lehman

    Section Image

  • C

    Buyer's Agent in 2022

    Charlene Gaard

    No Limit Real Estate, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21860908

MIBOR Broker Listing Cooperative®

APN: 49-07-32-175-001.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1550 N Rural St, Indianapolis, IN

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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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