Investors and house hackers-don't miss this opportunity in the revitalizing Brookside Park neighborhood! Located at 1315 N Rural St, this vacant duplex sits just steps from beautiful Brookside Park, offering direct access to playgrounds, trails, and a peaceful creek. The location is ideal for strong rental demand: less than 5 minutes to downtown Indy, minutes to major freeways, and within 10 minutes of five hospitals-perfect for both long-term tenants and furnished mid-term rentals. Each unit features 1 bedroom, 1 bathroom, and 696 sq ft, plus a full unfinished basement for storage or expansion potential. The layouts feel private, with entrances on separate sides. One unit is in solid shape and nearly rent-ready; the other needs cosmetic finishing. The exterior will benefit from siding/trim cleanup, paint, and some fresh landscaping. Off-street parking is available off the alley with a large gravel area, and the spacious concrete pad in back offers great outdoor space for tenants. The seller recently purchased multiple properties and is only completing one renovation, making this a great chance for the next buyer to step in, add value, and execute a strong BRRRR play. Roof and mechanical ages are unknown. Sold as-is and priced firm. Recent inspection report is available for potential buyers. A promising investment in a rapidly improving area-bring your vision and make this one shine.
Pending
$82,000
1315 N Rural St, Indianapolis, IN 46201
2beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1901
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 49 days |
- 78 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 02:29am
Listing Provided by:
Peter Stewart 317-450-9202,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22075012
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Main level bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
Video & virtual tour
Property
Parking
- Parking features: Alley Access, Common
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,098.4 Square Feet
Details
- Parcel number: 490732193104000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Traditional
- Property subtype: Multi Family, Duplex
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1901
Community & HOA
Community
- Subdivision: Vajens South Brookside
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $84,200
- Annual tax amount: $1,998
- Date on market: 11/26/2025
- Cumulative days on market: 65 days
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$987/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Pending sale | $82,000 |
Source: | ||
| 11/26/2025 | Listed for sale | $82,000 |
Source: | ||
| 11/6/2025 | Sold | $82,000-3.5% |
Source: | ||
| 10/20/2025 | Pending sale | $85,000 |
Source: | ||
| 10/3/2025 | Listed for sale | $85,000+349.7% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,907 -1.5% | $84,200 +4.7% |
| 2023 | $1,936 +27.5% | $80,400 -2% |
| 2022 | $1,518 +83.1% | $82,000 +24.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$413/mo
Principal & interest
$318
Property taxes
$66
Home insurance
$29
Climate risks
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 4/10Brookside School 54Grades: PK-6Distance: 0.3 mi
- 3/10Francis W. Parker School 56Grades: PK-8Distance: 1.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.2 mi
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