537 N Rural St Indianapolis, IN 46201
Near Eastside Neighborhood
2
Beds
1
Bath
1,932
Sq Ft
5,053
Sq Ft Lot
Highlights
- Wood Flooring
- Bungalow
- 1-Story Property
- Wood Frame Window
- Kitchen Island
- Outdoor Storage
About This Home
As of August 2022This classic bungalow is in the heart of East Indy on N. Rural St. and close to everything the eastside offers. This is a
1288 sq ft, 2 bedrooms, 1 bath, one car detached garage w/carport, w/gas heat with central air and a nifty fireplace in the living room. Sells in an Online Public Auction. Auction closes June
30th at 10 am. www.jimmysauction.hibid.com to bid and for the complete terms. Cash or Conventional financing only. No FHA or VA. Home sells in as AS-IS condition. Home was renovated after a fire in 2015 or 2016 per executor of the estate, but only appears to need cosmetics and your decorating touch. Open for inspection 6/19 and 6/26 12 to 2 pm. A 10 percent buyers premium will be added to the final bid to determine sales price.
Last Agent to Sell the Property
Steve Baber
SJB Associates, Inc. Listed on: 06/13/2022
Last Buyer's Agent
Steve Baber
SJB Associates, Inc. Listed on: 06/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $448
Year Built
- Built in 1921
Lot Details
- 5,053 Sq Ft Lot
- Back Yard Fenced
Parking
- 1 Car Garage
Home Design
- Bungalow
- Brick Foundation
- Block Foundation
Interior Spaces
- 1,932 Sq Ft Home
- 1-Story Property
- Vinyl Clad Windows
- Wood Frame Window
- Living Room with Fireplace
- Attic Access Panel
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- Gas Oven
- Kitchen Island
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Ardella Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 491005194004000101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Aug 2, 2022
Sold by
Sommer Richard M
Bought by
Moghul Arshad M
Seller's Agent
Steve Baber
SJB Associates, Inc.
Buyer's Agent
Steve Baber
SJB Associates, Inc.
List Price
$1
Sold Price
$79,200
Premium/Discount to List
$79,199
7919900%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.64%
Similar Homes in Indianapolis, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $79,200 | Matheny Marc W |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $500,000 | +531.3% | $388 / Sq Ft |
| 08/03/2022 08/03/22 | Sold | $79,200 | +7919900.0% | $41 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $1 | -- | $0 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,322 | $132,400 | $15,700 | $116,700 |
| 2023 | $3,322 | $136,200 | $15,700 | $120,500 |
| 2022 | $544 | $143,600 | $15,700 | $127,900 |
| 2021 | $532 | $124,400 | $15,700 | $108,700 |
| 2020 | $522 | $109,000 | $2,300 | $106,700 |
| 2019 | $509 | $98,100 | $2,300 | $95,800 |
| 2018 | $497 | $85,100 | $2,300 | $82,800 |
| 2017 | $495 | $70,500 | $2,300 | $68,200 |
| 2016 | $439 | $65,600 | $2,300 | $63,300 |
| 2014 | $307 | $52,300 | $2,300 | $50,000 |
| 2013 | $300 | $60,800 | $2,300 | $58,500 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Charlene Gaard
No Limit Real Estate, LLC
(317) 440-2149
47 in this area
284 Total Sales
-
Seller Co-Listing Agent in 2025
Rob Gaard
No Limit Real Estate, LLC
(317) 445-1095
11 in this area
77 Total Sales
-
S
Seller's Agent in 2022
Steve Baber
SJB Associates, Inc.
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21863229
APN: 49-10-05-194-004.000-101
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