Discover the perfect opportunity to own this spacious duplex featuring 3 bedrooms and 1 full bath per side, offering 1,533 sq.ft. of living space on each side! Whether you're looking to invest or become a homeowner, this property presents incredible flexibility. For those with an FHA loan, this is your chance to live in one unit and rent out the other, helping cover your mortgage while building equity. Investors, this duplex is also a fantastic income-generating property with strong rental potential in a desirable location. This property has seen several key updates, ensuring peace of mind for future owners and tenants: 1217: Brand-new flooring throughout, refreshed bathroom vanity, toilet, and flooring, new paint, updated light fixtures, a new fence, and a recently installed water heater. 1219: Upgrades include a new bathroom vanity, toilet, and flooring, remodeled kitchen cabinets and flooring, new paint, a new fence, and recently replaced gutters. Well-maintained and move-in ready, both sides offer generous living space, comfortable layouts, and all the amenities tenants or owners could desire. Don't miss out on this rare opportunity to maximize your investment or enjoy the benefits of homeownership with rental income!
Multi-familyProperty Type
1923Year Built
6,098 sq ftLot Size
$79Est. Price/Sq.Ft.
2 car garageParking
Listed by Phillip Tinsley• RE/MAX Advanced Realty
Contact: phillip@indyhomepros.com
Bought with Gloria Gear• Keller Williams Indy Metro Partners
Attention Investors! Property is occupied on both sides. Gross rents 1217 N Rural - $500/month, 1219 N Rural - $575/month.
MIBOR as Distributed by MLS Grid #21194115
Nov 8, 2012
Listing Removed
—
Nov 7, 2012
Sold
$35,600
$12/sq ft
Aug 29, 2012
Listed
$34,900
$11/sq ft
+5
Large two-story duplex! 3 BR, 1 BA per side. Completely rehabbed. Newer siding, windows and roof. New carpet and recently painted. New furnaces each unit in 2009. New water heaters and hardwired smoke alarms. Mudroom and laundry room off of kitchen. One side is rented and the other is vacant for viewing. No rehab needed. Rent other side out easily for $550. Total rent monthly rent potential of $1,000 - $1,100 per month.
MIBOR as Distributed by MLS Grid #2917803
May 11, 2009
Listing Removed
—
Apr 13, 2009
Listed
$17,680
$6/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,458 (+97.9%)
$20,200 + $164,200
$184,400
2024
$2,253 (+4.5%)
$20,200 + $69,600
$89,800
2023
$2,155 (−1.2%)
$20,200 + $69,600
$89,800
2022
$2,182 (+26.0%)
$20,200 + $65,600
$85,800
2021
$1,731 (+30.8%)
$20,200 + $49,800
$70,000
2020
$1,323 (+2.0%)
$20,200 + $49,800
$70,000
2019
$1,298 (+1.9%)
$2,800 + $49,400
$52,200
2018
$1,273 (+14.6%)
$2,800 + $47,400
$50,200
2017
$1,111 (−16.7%)
$2,800 + $44,400
$47,200
2016
$1,334 (+51.4%)
$2,800 + $44,400
$47,200
2015
$881 (+6.4%)
$2,800 + $44,000
$46,800
2014
$828 (+9.2%)
$2,800 + $37,200
$40,000
2013
$758
$2,800 + $35,500
$38,300
Tax history for 1217 N Rural St
Year
Property tax
Land + Additions
Assessment*
2025
$4,458 (+97.9%)
$20,200 + $164,200
$184,400
2024
$2,253 (+4.5%)
$20,200 + $69,600
$89,800
2023
$2,155 (−1.2%)
$20,200 + $69,600
$89,800
2022
$2,182 (+26.0%)
$20,200 + $65,600
$85,800
2021
$1,731 (+30.8%)
$20,200 + $49,800
$70,000
2020
$1,323 (+2.0%)
$20,200 + $49,800
$70,000
2019
$1,298 (+1.9%)
$2,800 + $49,400
$52,200
2018
$1,273 (+14.6%)
$2,800 + $47,400
$50,200
2017
$1,111 (−16.7%)
$2,800 + $44,400
$47,200
2016
$1,334 (+51.4%)
$2,800 + $44,400
$47,200
2015
$881 (+6.4%)
$2,800 + $44,000
$46,800
2014
$828 (+9.2%)
$2,800 + $37,200
$40,000
2013
$758
$2,800 + $35,500
$38,300
*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
6
Baths
2
Stories
2
Lot width
40 ft.
Lot depth
152 ft.
Lot size
6,098
Year renovated
1923
Sq. Ft.
3,066
Year built
1923
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490732193117000101
Parking Spaces
2
Basement
Yes
Accessible
No
HOA Dues
—
Garage
Yes
Features
—
Last updated by owner on Dec 11, 2024.
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
Apr 24, 2006 • Active
Project
Renovate a residential building according to the scope of work on file. Replace windows with like-for-like units and perform a tear off and reroof.
Remodel
Roofing
Apr 24, 2006 • Active
Plumbing permit-1-2 family-new install
Work on a remodel.
Remodel
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: Unpaved,Other
Parking Features: Detached
Garage Spaces: 2
Interior
Laundry Room Information
Laundry Features: Main Level, In Basement
Basement Information
Has Basement
Basement Features: Unfinished
Heating & Cooling
Heating Information: Forced Air
Cooling Information: None
Multi-Family Financial Information
Owner Pays: Insurance, Water
Gross Income: 20400
Expenses: 0
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 120
Levels: 2
Rent: 850
Rent Frequency: Monthly
Unit Type: 3 Bedroom
Exterior
Exterior Features
Fence YN: Yes
Fencing: Fence Full Rear, Privacy
Roof: Asphalt, Shingle
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Condition: Updated/Remodeled
Property Sub Type: Duplex
Land Information
Current Use: Residential
Possible Use: Residential
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.14
Road Surface Type: Asphalt, Concrete
Road Frontage Type: City Street
Lot Features: Busline, City Lot, Sidewalks, Street Lights
Road Access: Frontage Road
Utilities
Utility Information
Solid Waste Information: No
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Vajens So Brookside L24
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 3,066
Stories: 2.0
Parking Spaces: 2
Basement: Yes
Accessible: No
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1923
Year Renovated: 1923
County: Marion County
APN: 490732193117000101
HOA Dues: —
Garage: Yes
Features: —
Home facts updated by owner on Dec 11, 2024
Other
Listing Information
Attribution Contact: phillip@indyhomepros.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding
Structure Type: Duplex
Levels: Two
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 • 1.0mi
2/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 1.1mi
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
3/10 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
$231,000 – $280,000
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Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match public records. Learn more.
Listing provided courtesy of: Triple E Realty, LLC
Listing agent: Evona Watson (3172103637)
Based on information submitted to the MLS GRID as of Thu Sep 10 2026. 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.