Google street view image for 3947 S Rural St, Indianapolis, IN 46227

OFF MARKET

$201,128

•

— ba

•

1,848

sq ft

3947 S Rural St, Indianapolis, IN 46227

About this home

3947 S Rural St is a 1,848 square foot house on a 0.5 acre lot with 4 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $201,128.

Single-familyProperty Type

1950Year Built

0.5 acresLot Size

$109Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$201,128

$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.3% lower than the average sale price ($215K) of 6 comparable homes.

SOLD AUG 17, 2026
$227,400
A
4 beds2 baths1,872 sq ft
3001 E Hanna Ave, Indianapolis, IN 46227
SOLD DEC 23, 2025
$228,000
B
4 beds2.5 baths1,540 sq ft
3015 E Sumner Ave, Indianapolis, IN 46237
SOLD MAY 22, 2026
$229,000
C
3 beds2 baths1,656 sq ft
2305 Radcliffe Ave, Indianapolis, IN 46227
SOLD NOV 14, 2025
$160,000
D
4 beds2 baths1,296 sq ft
3920 S Lasalle St, Indianapolis, IN 46237
SOLD MAY 7, 2026
$229,000
E
3 beds2.5 baths2,770 sq ft
4205 Carson Ave, Indianapolis, IN 46227
SOLD JUN 26, 2026
$215,000
F
3 beds2 baths972 sq ft
3106 E Sumner Ave, Indianapolis, IN 46237

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Earn from this home

Sell

$187,499

Est. take-home

List your home with Redfin and save $2,011

Market trends in 46227, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.7%

0.4% MoM

Median sale price

$240K

$5K MoM

Avg. days on market

19d

3 days MoM

Recently sold homes

158

11 MoM

New listings for sale

NEW 12 HRS AGO
$297,500
3 beds3 baths1,991 sq ft
138 South St, Southport, IN 46227
NEW 18 HRS AGO
$249,900
3 beds2 baths1,336 sq ft
3408 Cold Harbor Dr, Indianapolis, IN 46227
$349,900
3 beds2.5 baths2,744 sq ft
2202 Redfern Dr, Indianapolis, IN 46227
$292,000
3 beds1 bath2,634 sq ft
6021 Shelby St, Indianapolis, IN 46227
$332,000
5 beds6 baths5,172 sq ft
1902 Lawrence Ave, Indianapolis, IN 46227
$240,000
3 beds1 bath2,180 sq ft
827 E Mills Ave, Indianapolis, IN 46227
$229,900
3 beds1.5 baths2,028 sq ft
506 Lawrence Ave, Indianapolis, IN 46227
$269,000
4 beds2 baths1,816 sq ft
3602 Redwood Dr, Indianapolis, IN 46227
$215,000
2 beds1 bath1,370 sq ft
6105 Homestead Dr, Indianapolis, IN 46227
$285,000
5 beds3.5 baths4,202 sq ft
8724 Shelby St, Indianapolis, IN 46227
See all

Provided by Redfin

Sale history for 3947 S Rural St

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,166 (+7.0%)

$17,800 + $161,900

$179,700

2024

$2,026 (+17.4%)

$17,800 + $139,500

$157,300

2023

$1,726 (+2.4%)

$17,800 + $139,500

$157,300

2022

$1,686 (+24.6%)

$17,800 + $126,300

$144,100

2021

$1,354 (+11.2%)

$17,800 + $94,200

$112,000

2020

$1,218 (+18.4%)

$17,800 + $94,200

$112,000

2019

$1,029 (+11.8%)

$17,800 + $87,200

$105,000

2018

$920 (−2.5%)

$17,000 + $78,500

$95,500

2017

$944 (+14.2%)

$17,000 + $74,200

$91,200

2016

$826 (+12.7%)

$17,000 + $74,200

$91,200

2015

$733 (+12.1%)

$17,000 + $67,900

$84,900

2014

$654 (−10.2%)

$17,000 + $70,600

$87,600

2013

$728

$17,000 + $68,200

$85,200

Tax history for 3947 S Rural St

Year

Property tax

Land + Additions

Assessment*

2025

$2,166 (+7.0%)

$17,800 + $161,900

$179,700

2024

$2,026 (+17.4%)

$17,800 + $139,500

$157,300

2023

$1,726 (+2.4%)

$17,800 + $139,500

$157,300

2022

$1,686 (+24.6%)

$17,800 + $126,300

$144,100

2021

$1,354 (+11.2%)

$17,800 + $94,200

$112,000

2020

$1,218 (+18.4%)

$17,800 + $94,200

$112,000

2019

$1,029 (+11.8%)

$17,800 + $87,200

$105,000

2018

$920 (−2.5%)

$17,000 + $78,500

$95,500

2017

$944 (+14.2%)

$17,000 + $74,200

$91,200

2016

$826 (+12.7%)

$17,000 + $74,200

$91,200

2015

$733 (+12.1%)

$17,000 + $67,900

$84,900

2014

$654 (−10.2%)

$17,000 + $70,600

$87,600

2013

$728

$17,000 + $68,200

$85,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

METRO

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro 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

Aug 30, 2000 • Active

Project

Construct a new detached garage.

ADU

New construction

Aug 30, 2000 • Active

Structural permit-1-2 family-new accessory structure-finished

Construct a new detached garage.

Addition

ADU

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

Interior

Heating & Cooling
Heating Type: Warm Air

Room Information
# of Rooms: 9

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Property Information
Living Sq. Ft: 1,848
Adjusted Gross Sq. Ft: 1,848
Ground Floor Sq. Ft: 1,848
Building Sq. Ft: 1,848
# of Stories: 1
Legal Description: 83.885FT WL 276.1FT WL BEG 231.66FT N OF SW CORE1/2 SW1/4 S29 T15 R4 .5AC

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 21,780
Municipality Name: PERRY, OUTSIDE
Acres: 0.5
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: —
Sq. Ft.: 1,848
Stories: 1.0
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1950
County: Marion County
APN: 491029124001000500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Jeremiah Gray Kindergarten

Public K-1 • Assigned • 1.7mi

Southport 6th Grade Academy

Public 6 • Assigned • 1.8mi

4/10

Southport High School

Public 9-12 • Assigned • 3.0mi

5/10

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 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 • 46227

Average low and high temperatures (°F)

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

$192,000 – $232,000

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New listings for sale in 46227

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1902 Lawrence Ave, Indianapolis, IN 46227

$240,000

3 beds1 bath2,180 sq ft

827 E Mills Ave, Indianapolis, IN 46227

$229,900

3 beds1.5 baths2,028 sq ft

506 Lawrence Ave, Indianapolis, IN 46227

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4 beds2 baths1,816 sq ft

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2 beds1 bath1,370 sq ft

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Home values near 3947 S Rural St

Data from public records.

Address	Redfin Estimate
3945 South Rural St, Indianapolis, IN 3 Beds \| 1 Baths \| 1094 Sq. Ft.	$191,799
3951 South Rural St, Indianapolis, IN 2 Beds \| 1 Baths \| 1432 Sq. Ft.	$232,657

Address	Redfin Estimate
3933 South Rural St, Indianapolis, IN 2 Beds \| 1 Baths \| 1524 Sq. Ft.	$181,308
4005 South Rural St, Indianapolis, IN 2 Beds \| 1 Baths \| 1376 Sq. Ft.	$239,876

Address	Redfin Estimate
3907 South Rural St, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1123 Sq. Ft.	$229,299
3949 South Rural St, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2139 Sq. Ft.	$215,458

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