Great investment opportunity in Center Township! Be a part of the change in the revitalization of this great neighborhood. Full of potential! No sign in yard.
Multi-familyProperty Type
1947Year Built
6,098 sq ftLot Size
Listed by Ron Herman• Encore Sotheby's International
Listed by Jordan Herman• Encore Sotheby's International
Contact: ron.herman@encoresir.com
Bought with Cory Gardner• Ethosity Property Management G
**ATTENTION INVESTORS!!** Another Redevelop Indy Investment Opportunity that could make a nice buy and hold addition to your portfolio. Brick duplex close to I-70 access and bus route. Popular rental area. Bus line in front. Needs repairs and updates, but would be a nice rental.
Year
Property tax
Land + Additions
Assessment*
2025
$4,138 (+61.9%)
$20,200 + $150,600
$170,800
2024
$2,556 (+4.8%)
$20,200 + $82,400
$102,600
2023
$2,440 (−1.4%)
$20,200 + $82,400
$102,600
2022
$2,474 (+27.3%)
$20,200 + $77,600
$97,800
2021
$1,943 (+31.7%)
$20,200 + $59,000
$79,200
2020
$1,476 (+2.2%)
$20,200 + $59,000
$79,200
2019
$1,444 (+2.0%)
$2,800 + $56,000
$58,800
2018
$1,416 (−11.8%)
$2,800 + $53,600
$56,400
2017
$1,605 (+20.4%)
$2,800 + $56,800
$59,600
2016
$1,333 (+5.0%)
$2,800 + $56,800
$59,600
2015
$1,270 (+5.9%)
$2,800 + $56,200
$59,000
2014
$1,199 (+7.6%)
$2,800 + $54,900
$57,700
2013
$1,114
$2,800 + $52,700
$55,500
Tax history for 1015 N Rural St
Year
Property tax
Land + Additions
Assessment*
2025
$4,138 (+61.9%)
$20,200 + $150,600
$170,800
2024
$2,556 (+4.8%)
$20,200 + $82,400
$102,600
2023
$2,440 (−1.4%)
$20,200 + $82,400
$102,600
2022
$2,474 (+27.3%)
$20,200 + $77,600
$97,800
2021
$1,943 (+31.7%)
$20,200 + $59,000
$79,200
2020
$1,476 (+2.2%)
$20,200 + $59,000
$79,200
2019
$1,444 (+2.0%)
$2,800 + $56,000
$58,800
2018
$1,416 (−11.8%)
$2,800 + $53,600
$56,400
2017
$1,605 (+20.4%)
$2,800 + $56,800
$59,600
2016
$1,333 (+5.0%)
$2,800 + $56,800
$59,600
2015
$1,270 (+5.9%)
$2,800 + $56,200
$59,000
2014
$1,199 (+7.6%)
$2,800 + $54,900
$57,700
2013
$1,114
$2,800 + $52,700
$55,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
—
Stories
1
Lot width
40 ft.
Lot depth
152 ft.
Lot size
6,098 Sq. Ft.
Year renovated
1947
Sq. Ft.
868
Year built
1947
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490732193179000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 11, 2026.
D5
COMPACT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Oct 5, 2020 • Final
Plumbing - 1-2 family
Plumbing
Sep 17, 2020 • Final
Electrical - 1-2 family
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Unit Parking: On Street
Interior
Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0
Laundry Room Information
Laundry Features: No Laundry Facil.
Heating & Cooling
HVAC: N/A
Multi-Family Financial Information
Owner Pays: Taxes
Gross Income: 0
Expenses: 0
Multi-Unit Information
Multi Beds: 4
Multi Baths: 2
# of Units: 2
Furnished: Unfurnished
Multi Rooms: 10
Unit Type 1 Information
Kitchen: 14x09
Levels: 1
Miscellaneous: No Equip
Rent: 0
Rent Frequency: Monthly
Utilities: Cl Cntrl Air, Heat Forced
Unit Type 2 Information
Kitchen: 14x09
Levels: 1
Miscellaneous: No Equip
Rent: 0
Rent Frequency: Monthly
Utilities: Cl Cntrl Air,Heat Forced
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Residential Units - 1 to 4
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.14
Road Frontage Type: State Road, City Street
Lot Features: Curbs
Utilities
Utility Information
Utilities: Electricity Connected
Solid Waste Information: Yes
Building Utilities: Sewer,Water
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: I-70 to Rural Exit. South on Rural. N/E corner of 10th and North Rural. Right next to gas station.
Tax Legal Description: J H VAJENS S BROOKSIDE ADD L4
Public facts
Beds: 2
Baths: —
Sq. Ft.: 868
Stories: 1.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1947
Year Renovated: 1947
County: Marion County
APN: 490732193179000101
Home facts updated by county records on May 11, 2026
Other
Listing Information
Attribution Contact: ron.herman@encoresir.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Brick
Structure Type: Duplex
Levels: One
Around this home
Schools
Brookside School 54
Public PreK-5 • Assigned • 0.2mi
3/10
H.L. Harshman Magnet Middle School
Public 6-8 • Assigned • 0.9mi
10/10
Arsenal Technical High School
Public 9-12 • Assigned • 0.9mi
2/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 1.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46201
Average low and high temperatures (°F)
32
18
42
26
61
40
68
48
72
54
83
66
87
72
82
65
81
61
70
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$151,000 – $182,000
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