Beautifully renovated four-unit property in popular Mapleton Fall Creek neighborhood. This rare multifamily gem features four fully updated 2-bedroom PLUS a flex office/extra room, 1-bath units, offering a fantastic opportunity for investors seeking a lucrative and versatile investment. Recently updated electrical, HVAC, plumbing, gutters, electronic entry, washers, and dryers. Full laundry facilities are available in the basement for residents' convenience. Plenty of storage space is available, making it easy for tenants to store their belongings. Big lot with plenty of space for parking for tenants. Located in a desirable neighborhood, this property offers both comfort and convenience, making it a great investment for years to come. Don't miss out on this generational investment opportunity in downtown Indy.
Multi-familyProperty Type
1907Year Built
5,240 sq ftLot Size
$72Est. Price/Sq.Ft.
Listed by Stuart Harvey• @properties
Contact: stu.harvey@me.com
Bought with Ronald Coleman• Buy With Beanz Real Estate LLC
An Investors Dream! 4 fully rehabbed 2 bedroom 1 bath units. Currently two of the units are rented out and the other two units are used as active AIR BnB listings. As of 2016, all Electrical, HVAC, Plumbing, and full laundry for residents in the basement. Plenty of storage space. Property owners are highly motivated to sell.
MIBOR as Distributed by MLS Grid #2814263
Oct 31, 2008
Listing Removed
—
Mar 10, 2008
Listed
$79,900
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,779
$50,900 + $488,000
$538,900
2024
$12,778 (+51.3%)
$50,900 + $486,900
$537,800
2023
$8,445 (+26.1%)
$50,900 + $486,900
$537,800
2022
$6,699 (+10.7%)
$25,500 + $329,900
$355,400
2021
$6,053 (+100.3%)
$23,100 + $238,100
$261,200
2020
$3,021 (−7.7%)
$23,100 + $238,100
$261,200
2019
$3,272 (−0.5%)
$23,100 + $103,000
$126,100
2018
$3,289 (+108.4%)
$23,100 + $111,300
$134,400
2017
$1,578 (+9.6%)
$5,600 + $60,300
$65,900
2016
$1,440 (−1.7%)
$5,600 + $60,300
$65,900
2015
$1,465
$5,600 + $56,000
$61,600
Tax history for 3055 Ruckle St
Year
Property tax
Land + Additions
Assessment*
2025
$12,779
$50,900 + $488,000
$538,900
2024
$12,778 (+51.3%)
$50,900 + $486,900
$537,800
2023
$8,445 (+26.1%)
$50,900 + $486,900
$537,800
2022
$6,699 (+10.7%)
$25,500 + $329,900
$355,400
2021
$6,053 (+100.3%)
$23,100 + $238,100
$261,200
2020
$3,021 (−7.7%)
$23,100 + $238,100
$261,200
2019
$3,272 (−0.5%)
$23,100 + $103,000
$126,100
2018
$3,289 (+108.4%)
$23,100 + $111,300
$134,400
2017
$1,578 (+9.6%)
$5,600 + $60,300
$65,900
2016
$1,440 (−1.7%)
$5,600 + $60,300
$65,900
2015
$1,465
$5,600 + $56,000
$61,600
*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
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
1990
Sq. Ft.
7,149
Year built
1907
Style
Other
County
Marion County
APN
490624138088000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D5
AIRSPACE SECONDARY ZONING DISTRICT
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.
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.