NOT LISTED FOR SALE

1616 N Rural St Indianapolis, IN 46218

Near Eastside Neighborhood

Estimated Value: $127,000 - $166,842

6 Beds
2 Baths
1,287 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $115,000 $89 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $840/month

123 Days on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Combination Kitchen and Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2023

This nicely renovated 2 story home is perfect for a large family to live in or someone looking to house hack. Within walking distance to Brookside Park, the main house consists of 4 bedrooms & 1 full bathroom & first floor laundry connections. In addition, the detached garage has been converted into a 2-bedroom carriage house/separate living quarters with a full kitchen, living area, bathroom & separate electric meter. This property combined as a rental use property could potentially net over $2,000 per month!! 1616 N Rural also is to be sold alongside 1625 N Rural which is in the rear of the property.

Last Agent to Sell the Property

Stuart Houghton

Keller Williams Indy Metro S License #RB17002210 Listed on: 12/22/2022

Keller Williams Indy Metro S

Last Buyer's Agent

Jameka Howard

Signature Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Partial Basement
  • Electric Cooktop
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 490732207007000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1910
  • Building Area Total: 1728
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: shoughton@kw.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Laundry Connection in Unit, Electric Cooktop, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 63
  • Interior Amenities: Windows Vinyl
  • Living Area: 1287
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 504
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • List Price: 120000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 4356
  • Parcel Number: 490732207007000101
  • Acres: <1/4 Acre
  • Price Acre: 1150000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1974
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 987
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
May 1, 2023
Sold by
Siboni Eran
Bought by
Peden Alicia R
Seller's Agent
Stuart Houghton
Keller Williams Indy Metro S
Buyer's Agent
Jameka Howard
Signature Realty Group
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Views
59
Current Estimated Value
$141,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,961
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Nov 23, 2021
Sold by
Zlochever Dudu
Bought by
Siboni Eran

Purchase Details

Closed on
Oct 22, 2021
Sold by
Ziochever Dudu
Bought by
Siboni Eran

Purchase Details

Closed on
Jan 6, 2021
Sold by
Terra Firma Llp
Bought by
Ziochever Dudu

Purchase Details

Closed on
Nov 18, 2020
Sold by
6 Schalk Street Newark Llc
Bought by
Terra Firma Llp

Purchase Details

Closed on
Nov 2, 2020
Sold by
6 Schalk Street Newark Llc
Bought by
Terra Firma Llp

Purchase Details

Closed on
Sep 13, 2019
Sold by
Freeport Invest Llc
Bought by
6 Schalk Street Newark Llc

Purchase Details

Closed on
May 25, 2017
Sold by
Cottongim Trust
Bought by
Stevens Karen L and Temple Darla J

Purchase Details

Closed on
Feb 10, 2009
Sold by
Cooper Sherry L and Stevens Karen L
Bought by
Cooper Sherry L and Stevens Karen L
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
Peden Alicia R $115,000 None Listed On Document
Siboni Eran -- None Listed On Document
Siboni Eran -- None Available
Ziochever Dudu -- None Available
Terra Firma Llp -- None Listed On Document
Terra Firma Llp -- None Available
6 Schalk Street Newark Llc $45,000 Monument Title Insurance Compa
Stevens Karen L -- --
Cooper Sherry L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $115,000 -4.2% $89 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $120,000 0.0% $93 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $120,000 -4.0% $93 / Sq Ft
12/22/2022 12/22/22 For Sale $125,000 -- $97 / 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 $791 $96,000 $4,700 $91,300
2023 $791 $91,100 $4,700 $86,400
2022 $2,499 $102,200 $4,700 $97,500
2021 $2,059 $85,600 $4,700 $80,900
2020 $1,949 $80,600 $2,900 $77,700
2019 $1,910 $77,500 $2,900 $74,600
2018 $1,792 $71,900 $2,900 $69,000
2017 $77 $62,700 $2,900 $59,800
2016 $75 $62,700 $2,900 $59,800
2014 $59 $58,900 $2,900 $56,000
2013 $59 $58,900 $2,900 $56,000
Source: Public Records

Agents Affiliated with this Home

  • Stuart Houghton

    Seller's Agent in 2023

    Stuart Houghton

    Keller Williams Indy Metro S

    (815) 557-3253

    23 in this area

    137 Total Sales

    Stuart Houghton
    Section Image

  • J

    Buyer's Agent in 2023

    Jameka Howard

    Signature Realty Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21897908

MIBOR Broker Listing Cooperative®

APN: 49-07-32-207-007.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1616 N Rural St, Indianapolis, IN

This home is located at 1616 N Rural St, Indianapolis, IN 46218 since 22 December 2022 and is currently estimated at $141,961, approximately $110 per square foot. This property was built in 1910. 1616 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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