**Completely Rebuilt Home - Ready for Your Personal Touch!** This is a rare opportunity to own what is essentially a brand-new home! Taken down to the studs, this property has undergone an extensive renovation with approximately **90% of the foundation replaced, new roof. new windows, new doors, interior an exterior framing walls are. As a bonus furnace, Water heater, and AC unit are not installed but included in the home. All these great additions create a solid foundation for years to come. Nearly every major component has been replaced, making this home feel like new construction. The heavy lifting has already been completed, leaving the exciting finishing touches to the next owner. Customize the interior with your own flooring, paint colors, fixtures, cabinetry, countertops, and final design selections to create the home you've always envisioned. Whether you're a homeowner looking to add your personal style or an investor seeking a high-value opportunity, this property offers endless potential without the hassle of starting from scratch. Enjoy the peace of mind that comes with major structural improvements while putting the finishing touches on a home tailored to your taste. **Don't miss this incredible opportunity to finish a like-new home exactly the way you want it!**
Single-familyProperty Type
1955Year Built
4,051 sq ftLot Size
$43Price/Sq.Ft.
Listed by Chiquita Watkins• Keller Williams Indy Metro NE
Est. $1,144 per month, based on comparable rentals
Sale and tax history for 2343 N Rural St
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22110342
Aug 6, 2026
Sold
$97,500
$43/sq ft
Jul 30, 2026
Pending
—
Jul 22, 2026
Price Changed
$99,000
$44/sq ft
Jul 6, 2026
Price Changed
$139,000
$62/sq ft
Jun 25, 2026
Listed
$150,000
$67/sq ft
MIBOR as Distributed by MLS Grid #22072589
Feb 9, 2026
Sold
$60,000
$27/sq ft
Dec 22, 2025
Pending
—
Dec 11, 2025
Listed
$80,000
$36/sq ft
ATTENTION INVESTORS!!!!! Located at 2343 N Rural ST, Indianapolis, IN, this single-family residence presents a remarkable investment opportunity for the discerning buyer, or a chance for a handy homeowner to create their dream dwelling. Imagine mornings spent on the porch, savoring a cup of coffee as the world awakens, setting a tranquil tone for the day ahead. The residence features two bedrooms, offering comfortable spaces for rest and rejuvenation. The one full bathroom provides essential convenience. With 1124 square feet of living area nestled within a 4051 square feet lot, this two-story home, constructed in 1955, holds immense potential. This property is a canvas awaiting your vision, a chance to craft a personalized haven.
MIBOR as Distributed by MLS Grid #2728502
Jun 4, 2008
Listing Removed
—
May 3, 2007
Listed
$16,500
$7/sq ft
MIBOR as Distributed by MLS Grid #2412115
Jul 31, 2004
Listing Removed
—
Mar 5, 2004
Listed
$34,900
$16/sq ft
MIBOR as Distributed by MLS Grid #2102859
Jan 18, 2001
Listed
$19,900
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,308 (+14.0%)
$4,600 + $48,000
$52,600
2024
$1,148 (+6.1%)
$4,600 + $40,800
$45,400
2023
$1,082 (+7.6%)
$4,600 + $40,800
$45,400
2022
$1,005 (+37.1%)
$4,600 + $38,100
$42,700
2021
$733 (−5.9%)
$4,600 + $24,300
$28,900
2020
$779 (+2.1%)
$4,600 + $24,300
$28,900
2019
$763 (−57.7%)
$2,000 + $26,300
$28,300
2018
$1,803 (+80.9%)
$2,000 + $25,200
$27,200
2017
$997 (−73.9%)
$2,000 + $16,300
$18,300
2016
$3,821 (+1,289.5%)
$2,000 + $16,300
$18,300
2015
$275 (+13.6%)
$2,000 + $9,600
$11,600
2014
$242
$2,000 + $10,500
$12,500
Public record
Public record
Zoning
Permits
Beds
1
Baths
—
Stories
1
Lot width
30 ft.
Lot depth
135 ft.
Lot size
4,051 Sq. Ft.
Year renovated
1955
Sq. Ft.
1,124
Year built
1900
Style
Single Family Residential
County
Marion County
APN
490729147011000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 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
Jun 1, 2026 • Active
Improvement location permit-1-2 family
Addition
Remodel
Nov 14, 2016 • Active
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
Parking Features: On Street
Garage Spaces: 0
Interior
Interior Sq. Ft. Information
Building Area Total: 2248
Living Area: 2248
Main Level Sq. Ft.: 1124
Upper Level Sq. Ft.: 1124
Bedroom Information
# of Upper Bedrooms: 2
# of Bedrooms Main: 1
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 2
Full Bathrooms MU: 2
Room 1 Information
Room Type: Living Room
Room Features: Other
Room Dimensions: 14x12
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Features: Other
Room Dimensions: 10x11
Room Level: Main
Room 3 Information
Room Features: Other
Room Dimensions: 12x13
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Features: Other
Room Dimensions: 21x18
Room Level: Upper
Room 5 Information
Room Type: Bedroom 3
Room Features: Other
Room Dimensions: 16x18
Room Level: Upper
Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5
Heating & Cooling
Heating Information: None, Natural Gas
Cooling Information: None
Interior Features
Appliances: None
Exterior
Exterior Features
Exterior Features: Not Applicable
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Condition: Fixer
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.09
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: Parker Hanway And Hannas 2nd Oak Hill Add Parker Et Al Subl27 B1
Public facts
Beds: 1
Baths: —
Sq. Ft.: 1,124
Stories: 1.0
Lot Size: 4,051 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1955
County: Marion County
APN: 490729147011000101
Home facts updated by county records on Aug 31, 2026
Other
Home Information
Foundation Details: Block
Construction Materials: Other
Levels: Two
Around this home
Schools
James Russell Lowell School 51
Public PreK-5 • Assigned • 0.5mi
3/10
KIPP Indianapolis College Preparatory
Charter 6-8 • Assigned • 1.0mi
4/10
KIPP Indy Legacy High
Charter 9-12 • Assigned • 0.8mi
4/10
Arsenal Technical High School
Public 9-12 • Assigned • 1.9mi
2/10
Provided by GreatSchools
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
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$79,000 – $95,000
Sell confidently with a local market expert in Indianapolis.