315 S Rural St Indianapolis, IN 46201
Christian Park NeighborhoodEstimated payment $988/month
Total Views
4,962
2
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with separate furnaces and water heaters. No squabbling over utilities here; electricity is separately metered, so each tenant minds their own watts! Now, let's talk about the cherry on top: two rock-star tenants who've been calling this place home for 2-3 years each. They're as reliable as your grandma's cookie recipe, happily paying $750 per side every month. That's $1,500 in your pocket before you even break out the landlord cape! Whether you're a seasoned investor or just dipping your toes into the real estate pool, this duplex is your low-maintenance ticket to steady cash flow. With separate everything-furnaces, water heaters, electric-this place runs smoother than a sunny afternoon breeze. The tenants love their space, and you'll love the simplicity of managing this dynamic duo of units. It's like owning two houses for the price of one. Ready to snag this income-generating gem? This duplex is practically begging to be the star of your portfolio.
Listing Agent
Ferris Property Group Brokerage Email: integrealty@ferrispropertygroup.com License #RB16001562 Listed on: 05/22/2025
Co-Listing Agent
Ferris Property Group Brokerage Email: integrealty@ferrispropertygroup.com License #RB17000874
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,892
Year Built
- Built in 1950
Home Design
- Duplex
- Ranch Style House
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Additional Features
- Washer and Dryer Hookup
- Laundry in Basement
- 5,271 Sq Ft Lot
- City Lot
- Forced Air Heating System
Community Details
- Forest Park Subdivision
Listing and Financial Details
- The owner pays for ins hazard, insurance, no utilities
- Legal Lot and Block A / 8
- Assessor Parcel Number 491008135096000101
Map
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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 | $1,818 | $74,600 | $7,200 | $67,400 |
| 2023 | $1,818 | $71,600 | $7,200 | $64,400 |
| 2022 | $1,776 | $71,600 | $7,200 | $64,400 |
| 2021 | $1,450 | $59,200 | $7,200 | $52,000 |
| 2020 | $1,422 | $61,400 | $7,200 | $54,200 |
| 2019 | $1,043 | $44,200 | $2,200 | $42,000 |
| 2018 | $1,060 | $41,200 | $2,200 | $39,000 |
| 2017 | $926 | $40,000 | $2,200 | $37,800 |
| 2016 | $850 | $39,600 | $2,200 | $37,400 |
| 2014 | $835 | $38,600 | $2,200 | $36,400 |
| 2013 | $803 | $38,600 | $2,200 | $36,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $149,900 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Mtc | |
| Warranty Deed | -- | None Available | |
| Deed | $24,900 | -- | |
| Warranty Deed | -- | None Available | |
| Corporate Deed | -- | None Available |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22040105
APN: 49-10-08-135-096.000-101
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