NOT LISTED FOR SALE

849 N Rural St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $166,000 - $179,000

3 Beds
2 Baths
1,346 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $140,000 $104 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,206/month

4 Days on Market

About This Home

As of December 2022

Great investment opportunity in an up and coming neighborhood, with many full renovations and new constructions in the surrounding area. 3 bedrooms, 1 full bath on each side, with the opportunity for an additional 1/2 bath to be added. Priced as a fixer upper, both side need updates to kitchen and baths. Hardwoods throughout with potential for restoration, and 851 is a clean slate ready for the new owners special touches. Main sewer line replaced in 2021. Improvements to 849 include new gas lines (2022), new water heater (2022), and HVAC was new when purchased in 2016. Improvements to 851 include a new water heater (2021), new subfloor in kitchen (2021), and new HVAC (2019). Rental comps suggest earnings of $1200/month per side.

Last Agent to Sell the Property

Dylan Hostetter

Everhart Studio, Ltd. Listed on: 11/10/2022

Co-Listed By

Sarah Grain

Everhart Studio, Ltd.

Last Buyer's Agent

Daniel McNeal

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1914

Lot Details

  • 5,619 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Community Details

  • Julian Trustees Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491005158001000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$588

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1914
  • Co List Office Phone: 317-916-1052
  • Lot Size Acres: 0.129
  • Structure Type: Duplex
  • Subdivision Name: JULIAN TRUSTEES
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: dylan@everhartlistings.com
  • Special Features: None

Interior Features

  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491005158001000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 35
  • Lot Size: 40x140

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 588
  • Semi Annual Property Tax Amt: 294
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 12, 2022
Sold by
849 N Rural Llc
Bought by
Rca Properties Llc
Seller's Agent
Dylan Hostetter
Everhart Studio, Ltd.
Buyer's Agent
Daniel McNeal
@properties
List Price
$140,000
Sold Price
$140,000
Views
13
Current Estimated Value
$172,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,500
Avg. Annual Appreciation
7.54%
Original Mortgage
$392,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rca Properties Llc $140,000 Foundation Title
-- $40,000 --
849 N Rural Llc $40,000 Paramount Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rca Properties Llc $392,000
Previous Owner 849 N Rural Llc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $140,000 0.0% $104 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $140,000 -- $104 / 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 $3,634 $143,200 $17,600 $125,600
2023 $3,634 $82,400 $17,600 $64,800
2022 $2,007 $80,000 $17,600 $62,400
2021 $1,745 $70,600 $17,600 $53,000
2020 $1,571 $62,900 $2,500 $60,400
2019 $1,489 $58,300 $2,500 $55,800
2018 $1,204 $45,900 $2,500 $43,400
2017 $1,067 $45,100 $2,500 $42,600
2016 $832 $34,900 $2,500 $32,400
2014 $612 $28,300 $2,500 $25,800
2013 $588 $28,300 $2,500 $25,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dylan Hostetter

    Everhart Studio, Ltd.

    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Sarah Grain

    Everhart Studio, Ltd.

    Section Image

  • D

    Buyer's Agent in 2022

    Daniel McNeal

    @properties

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21892639

MIBOR Broker Listing Cooperative®

APN: 49-10-05-158-001.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

849 N Rural St, Indianapolis, IN

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.

Nearby Homes