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Pending
  • $82,000

    1315 N Rural St, Indianapolis, IN 46201

    2beds
    2baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    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#: 22075012MLS Logo

    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

    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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $987/mo

    Price history

    Price history
    DateEventPrice
    12/8/2025Pending sale$82,000
    Source: MIBOR as distributed by MLS GRID #22075012 Report a problem
    11/26/2025Listed for sale$82,000
    Source: MIBOR as distributed by MLS GRID #22075012 Report a problem
    11/6/2025Sold$82,000-3.5%
    Source: MIBOR as distributed by MLS GRID #22066374 Report a problem
    10/20/2025Pending sale$85,000
    Source: MIBOR as distributed by MLS GRID #22066374 Report a problem
    10/3/2025Listed for sale$85,000+349.7%
    Source: MIBOR as distributed by MLS GRID #22066374 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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