*Attention investors!* Very nice two bedroom and one bath near interstate access and downtown. New paint inside. Unfinished basement for storage. Appliances. Covered porch. Tenant occupied.
Single-familyProperty Type
1920Year Built
5,227 sq ftLot Size
$84Est. Price/Sq.Ft.
1 car garageParking
Listed by Pamela Brown• PMI Indianapolis
Contact: pam@PMIindy.com
Bought with Christopher Jenkins• Blade Realty Group
Cozy 2 bedrooms home with enough yard space. This home features hardwood floors, separate dining room, a front porch that is incredibly inviting and open. This home needs to be upgraded but is filled with potential! Just needs your personal touches and ideas!
MIBOR as Distributed by MLS Grid #21586224
Mar 4, 2019
Listing Removed
—
Sep 4, 2018
Listed
$30,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,431 (+52.6%)
$4,700 + $52,200
$56,900
2024
$1,593 (+43.4%)
$4,700 + $42,900
$47,600
2023
$1,111 (+3.0%)
$4,700 + $42,900
$47,600
2022
$1,079 (+31.0%)
$4,700 + $39,200
$43,900
2021
$823 (−21.6%)
$4,700 + $28,100
$32,800
2020
$1,050 (+1.7%)
$4,700 + $28,100
$32,800
2019
$1,032 (−79.3%)
$3,000 + $39,500
$42,500
2018
$4,987 (+553.9%)
$3,000 + $38,000
$41,000
2017
$763 (+79.4%)
$3,000 + $30,000
$33,000
2016
$425 (−48.1%)
$3,000 + $30,000
$33,000
2015
$819 (+5.3%)
$3,000 + $29,500
$32,500
2014
$778 (+4.0%)
$3,000 + $34,200
$37,200
2013
$748
$3,000 + $33,000
$36,000
Tax history for 1623 N Rural St
Year
Property tax
Land + Additions
Assessment*
2025
$2,431 (+52.6%)
$4,700 + $52,200
$56,900
2024
$1,593 (+43.4%)
$4,700 + $42,900
$47,600
2023
$1,111 (+3.0%)
$4,700 + $42,900
$47,600
2022
$1,079 (+31.0%)
$4,700 + $39,200
$43,900
2021
$823 (−21.6%)
$4,700 + $28,100
$32,800
2020
$1,050 (+1.7%)
$4,700 + $28,100
$32,800
2019
$1,032 (−79.3%)
$3,000 + $39,500
$42,500
2018
$4,987 (+553.9%)
$3,000 + $38,000
$41,000
2017
$763 (+79.4%)
$3,000 + $30,000
$33,000
2016
$425 (−48.1%)
$3,000 + $30,000
$33,000
2015
$819 (+5.3%)
$3,000 + $29,500
$32,500
2014
$778 (+4.0%)
$3,000 + $34,200
$37,200
2013
$748
$3,000 + $33,000
$36,000
*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
38 ft.
Lot depth
137 ft.
Lot size
5,227 Sq. Ft.
Year renovated
1965
Sq. Ft.
726
Year built
1920
Style
Single Family Residential
County
Marion County
APN
490732135004000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
MU1
COMPACT
Mixed-Use One District
The MU-1 District is intended for the development of high-rise office uses and apartments intermixed, grouped in varying combinations or provided in the same building. MU-1 is designed for use along arterials with both high-traffic counts and positive pedestrian experience or demand. Appropriate settings for the MU-1 District include the midtown and uptown areas of the city, very near rapid transit stops, or in the midst of high intensity regional commercial complexes.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Community / recreation center
Bank
Housing-Group
Housing-Multiple units
Housing-Senior
Hotel / motel
Mixed use
Office
Public service
Communications tower
Sep 28, 2005 • Active
Structural permit-1-2 family-miscellaneous
Tear off the existing roof and install new roofing material.
Roofing
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
Garage SqFt: 0
Parking Features: Street Only, None
Interior
Interior Sq. Ft. Information
Building Area Total: 1452
Living Area: 726
Main Level Sq. Ft.: 726
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2
Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 2
Full Bathrooms MU: 1
Room 1 Information
Room Features: Hardwood
Room Dimensions: 10x12
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 8x10
Room Level: Main
Room 3 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 9x10
Room Level: Main
Room 4 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 11x14
Room Level: Main
Room 5 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 11x12
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5
Basement Information
Has Basement
Basement Features: Unfinished
Fireplace Information
Fireplace Features: None
Heating & Cooling
Heating Information: Forced Air, Electric, Gas
Cooling Information: None
Interior Features
Interior Features: Attic Stairway, Hardwood Floors, Windows Vinyl
Appliances: Electric Oven, Refrigerator, Gas Water Heater
Exterior
Building Information
Percent Optional Level Finished: 0-25%
Exterior Features
Patio And Porch Features: Covered Porch
Exterior Features: Not Applicable
Property Information
Ownership Interest Types: No Assoc
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.12
Lot Features: Curbs, Sidewalks, Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Gas Nearby, Sewer Connected, Water Connected
Solid Waste Information: No
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: Hwy 70 Exit 85A / Rural Street head south on Rural Street over railroad track past light approximately 1/2 mile on east side of sreet
Tax Legal Description: LIPPENCOTTS SUB SK FLET SO BROOKSIDE PT L1 L2 L3 & L4 52' S NE COR L4 P.O.B. S38' W137.8' N38' E137.8' TO BEG
Public facts
Beds: 2
Baths: —
Sq. Ft.: 726
Stories: 1.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1965
County: Marion County
APN: 490732135004000101
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: pam@PMIindy.com
Green Information
Green Certification YN: No
Green Energy Efficient: Water Heater
Home Information
Foundation Details: Block
Construction Materials: Vinyl With Brick
Levels: One
Security Features: Carbon Monoxide Detector(s)
Around this home
Schools
Brookside School 54
Public PreK-5 • Assigned • 0.5mi
3/10
H.L. Harshman Magnet Middle School
Public 6-8 • Assigned • 1.1mi
10/10
KIPP Indy Legacy High
Charter 9-12 • Assigned • 1.0mi
4/10
Arsenal Technical High School
Public 9-12 • Assigned • 1.2mi
2/10
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 • 46218
Average low and high temperatures (°F)
32
18
42
26
60
40
68
48
72
54
83
66
87
72
82
65
82
60
71
49
54
39
42
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
$116,000 – $140,000
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