OFF MARKET

Off Market Sep 2025 for $90K

—

•

1,104

sq ft

1509 S Rural St, Indianapolis, IN 46203

About this home

Welcome to this charming 3-bedroom bungalow nestled in the vibrant city of Indianapolis! Spanning an inviting 1,104 square feet, this former rental property offers a golden opportunity for those looking to flip or grow your rental portfolio. The heart of the home is an open kitchen that seamlessly flows into the dining room, creating a warm and welcoming space for gatherings and meals. Step outside into the large backyard, perfect for outdoor activities, gardening, or simply relaxing in your own private oasis. This delightful property is brimming with potential, ready for you to make it your own!

Single-familyProperty Type

1971Year Built

4,704 sq ftLot Size

$82Price/Sq.Ft.

Listed by Kathryn Teltow • Highgarden Real Estate

Bought with Jefferson Pineda • eXp Realty, LLC

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22047929

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Earn from this home

Rent

$1,247/mo

Redfin rental estimate

List your home for rent

Market trends in 46203, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.6%

0.0% MoM

Median sale price

$192K

$8K MoM

Avg. days on market

32d

6 days MoM

Recently sold homes

185

22 MoM

New listings for sale

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3 beds1 bath844 sq ft
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OPEN THU, 4PM TO 6PM
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6 beds3516 baths3,941,470 sq ft
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See all

Provided by Redfin

Sale history for 1509 S Rural St

Date

Event

Price

MIBOR as Distributed by MLS Grid #22047929

Sep 8, 2025

Sold

$90,000

$82/sq ft

Aug 7, 2025

Pending

—

Jul 15, 2025

Relisted

—

Jul 7, 2025

Pending

—

Jun 30, 2025

Listed

$93,000

$84/sq ft

MIBOR as Distributed by MLS Grid #21435023

Oct 3, 2016

Pending

—

Sep 20, 2016

Price Changed

$19,900

$18/sq ft

Sep 6, 2016

Price Changed

$29,900

$27/sq ft

Aug 15, 2016

Price Changed

$39,900

$36/sq ft

Aug 8, 2016

Listed

$49,900

$45/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$752 (−58.1%)

$5,300 + $88,300

$93,600

2024

$1,796 (−6.0%)

$5,300 + $67,400

$72,700

2023

$1,910 (+14.9%)

$5,300 + $67,400

$72,700

2022

$1,662 (+54.6%)

$5,300 + $72,300

$77,600

2021

$1,075 (+3.5%)

$5,300 + $38,400

$43,700

2020

$1,038 (−11.0%)

$5,300 + $38,400

$43,700

2019

$1,167 (+6.6%)

$5,300 + $36,700

$42,000

2018

$1,095 (+14.0%)

$3,200 + $43,500

$46,700

2017

$960 (−43.9%)

$3,200 + $39,100

$42,300

2016

$1,712 (+80.0%)

$3,200 + $39,100

$42,300

2015

$951 (−4.7%)

$3,200 + $40,400

$43,600

2014

$998 (+21.9%)

$3,200 + $40,000

$43,200

2013

$819

$3,200 + $43,000

$46,200

Tax history for 1509 S Rural St

Year

Property tax

Land + Additions

Assessment*

2025

$752 (−58.1%)

$5,300 + $88,300

$93,600

2024

$1,796 (−6.0%)

$5,300 + $67,400

$72,700

2023

$1,910 (+14.9%)

$5,300 + $67,400

$72,700

2022

$1,662 (+54.6%)

$5,300 + $72,300

$77,600

2021

$1,075 (+3.5%)

$5,300 + $38,400

$43,700

2020

$1,038 (−11.0%)

$5,300 + $38,400

$43,700

2019

$1,167 (+6.6%)

$5,300 + $36,700

$42,000

2018

$1,095 (+14.0%)

$3,200 + $43,500

$46,700

2017

$960 (−43.9%)

$3,200 + $39,100

$42,300

2016

$1,712 (+80.0%)

$3,200 + $39,100

$42,300

2015

$951 (−4.7%)

$3,200 + $40,400

$43,600

2014

$998 (+21.9%)

$3,200 + $40,000

$43,200

2013

$819

$3,200 + $43,000

$46,200

*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

Baths

—

Stories

Lot width

35 ft.

Lot depth

135 ft.

Lot size

4,704 Sq. Ft.

Year renovated

1971

Sq. Ft.

1,104

Year built

1971

Style

Single Family Residential

County

Marion County

APN

491017111159000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

Property details

Parking

Parking Information
Garage SqFt: 0
Parking Features: None

Interior

Interior Sq. Ft. Information
Building Area Total: 1104
Living Area: 1104
Main Level Sq. Ft.: 1104
Upper Level Sq. Ft.: 0

Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1

Room 1 Information
Room Dimensions: 12x12
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 16x12
Room Level: Main

Room 3 Information
Room Type: Bedroom 2
Room Dimensions: 12x10
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Dimensions: 16x14
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Dimensions: 18x10
Room Level: Main

Room 6 Information
Room Type: Bedroom 3
Room Dimensions: 12x10
Room Level: Main

Room 7 Information
Room Type: Dining Room
Room Dimensions: 12x10
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 7

Laundry Room Information
Laundry Features: Main Level

Heating & Cooling
Heating Information: Forced Air, Electric, Natural Gas
Cooling Information: None

Interior Features
Interior Features: Attic Access, Eat-in Kitchen
Appliances: None, Gas Water Heater

Exterior

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.11
Lot Features: Street Lights

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: Yes

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: J W Murphys Southeast Add L183

Public facts

Beds: 2
Baths: —
Sq. Ft.: 1,104
Stories: 1.0
Lot Size: 4,704 square feet
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1971
County: Marion County
APN: 491017111159000101

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Foundation Details: Crawl Space
Construction Materials: Aluminum Siding
Levels: One

Around this home

Schools

Frederick Douglass School 19

Public PreK-5 • Assigned • 0.9mi

2/10

Purdue Polytechnic High School - Englewood

Charter 9-12 • Assigned • 1.5mi

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 101° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46203

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

91/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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Home values near 1509 S Rural St

Data from public records.

Address	Redfin Estimate
1449 South Rural St, Indianapolis, IN 3 Beds \| - Baths \| 1392 Sq. Ft.	$104,553
1505 South Rural St, Indianapolis, IN 2 Beds \| - Baths \| 1104 Sq. Ft.	$144,911

Address	Redfin Estimate
1469 South Rural St, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$87,255
1533 South Rural St, Indianapolis, IN 2 Beds \| - Baths \| 844 Sq. Ft.	$60,712

Address	Redfin Estimate
1529 South Rural St, Indianapolis, IN 2 Beds \| - Baths \| 864 Sq. Ft.	$84,937
1467 South Rural St, Indianapolis, IN 3 Beds \| - Baths \| 1120 Sq. Ft.	$126,261

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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