BACK ON MARKET! Investor Alert!! Cash flowing duplex on Indy's popular near eastside is now available! Each unit has 3br/1ba and a basement. Fully rented at $550 per side. Tenants pay all utilities except water/sewer. Detached 2 car garage w/1 space per side. Fully fenced rear yard is split for separation between units. Updates include a new roof (2014), both furnaces (2015), and water heater (2016). Excellent location just minutes to downtown, parks, freeways, and more!
What a wonderful investment opportunity! This duplex features 3 bedrooms on each side as well as family room and dining room. The kitchens are large as well. There is a basement that runs the whole length of the house with a washer & dryer hook-up on each side. Don't miss the 2 car garage out back. Total fenced in rear yard! Great find close to downtown. The bus stop is almost directly in front of the duplex. Freshly painted, brand new carpet - excellent source of income!
MIBOR as Distributed by MLS Grid #2818931
Apr 1, 2009
Listing Removed
—
Mar 31, 2008
Listed
$75,000
$71/sq ft
MIBOR as Distributed by MLS Grid #2753464
Aug 14, 2007
Listed
$40,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$123 (+1.5%)
$4,200 + $87,800
$92,000
2024
$122 (+1.5%)
$4,200 + $89,300
$93,500
2023
$120 (+1.5%)
$4,200 + $89,300
$93,500
2022
$118 (−93.2%)
$4,200 + $85,500
$89,700
2021
$1,736 (+7.3%)
$4,200 + $68,800
$73,000
2020
$1,618 (+7.5%)
$4,200 + $68,800
$73,000
2019
$1,505 (+6.4%)
$4,200 + $63,500
$67,700
2018
$1,414 (+15.0%)
$4,200 + $57,500
$61,700
2017
$1,230 (+3.0%)
$4,200 + $51,600
$55,800
2016
$1,194 (−1.0%)
$4,200 + $51,600
$55,800
2015
$1,206 (+4.0%)
$4,200 + $51,200
$55,400
2014
$1,160 (+3.1%)
$4,200 + $50,600
$54,800
2013
$1,125
$4,200 + $50,400
$54,600
Tax history for 34-36 S Rural St
Year
Property tax
Land + Additions
Assessment*
2025
$123 (+1.5%)
$4,200 + $87,800
$92,000
2024
$122 (+1.5%)
$4,200 + $89,300
$93,500
2023
$120 (+1.5%)
$4,200 + $89,300
$93,500
2022
$118 (−93.2%)
$4,200 + $85,500
$89,700
2021
$1,736 (+7.3%)
$4,200 + $68,800
$73,000
2020
$1,618 (+7.5%)
$4,200 + $68,800
$73,000
2019
$1,505 (+6.4%)
$4,200 + $63,500
$67,700
2018
$1,414 (+15.0%)
$4,200 + $57,500
$61,700
2017
$1,230 (+3.0%)
$4,200 + $51,600
$55,800
2016
$1,194 (−1.0%)
$4,200 + $51,600
$55,800
2015
$1,206 (+4.0%)
$4,200 + $51,200
$55,400
2014
$1,160 (+3.1%)
$4,200 + $50,600
$54,800
2013
$1,125
$4,200 + $50,400
$54,600
*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
2
Baths
—
Stories
2
Lot width
35 ft.
Lot depth
147 ft.
Lot size
5,140 Sq. Ft.
Year renovated
1910
Sq. Ft.
1,056
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
491005162004000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
I3
TOD
COMPACT
Medium Industrial District
The I-3 District is an intermediate District for industries that present moderate risks to the general public. Wherever practical, this District should be away from Protected Districts and buffered by intervening lighter Industrial Districts. Where this District abuts Protected Districts, setbacks are large and enclosure of activities and storage is required.
Zone overlays
Transit Oriented Development Secondary Zoning District
Compact Context Area
Permitted uses
Include but are not limited to:
Automotive repair garage
Gas station
Commercial laundry
Manufacturing
Self-Storage / mini-Storage
Warehouse
Research & development
Post office
Marina
Communications tower
Mar 1, 1996 • Final
Electrical permit-1-2 family-alteration-remodel
Upgrade the electrical service from 60 amps to 100 amps.
Electrical
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
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,056
Stories: 2.0
Lot Size: 5,140 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 1910
County: Marion County
APN: 491005162004000101
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Thomas D. Gregg School 15
Public PreK-5 • Assigned • 0.6mi
4/10
HW Longfellow Med/STEM Magnet Midl
Public 6-8 • Assigned • 1.2mi
5/10
Arsenal Technical High School
Public 9-12 • Assigned • 1.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance 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
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
83
66
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
$132,000 – $160,000
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