OFF MARKET

Off Market Jun 2022 for $243K

$265,680

Est. refi paymentEst. refi $1,611/mo

•

1,728

sq ft

4032 S Rural St, Indianapolis, IN 46227

About this home

Unique tri-level with updates galore. Newer windows, updated kitchen with lots of sunlight. New stove and microwave hood range, stainless steel dishwasher, eat in kitchen, and an extra large pantry! Modern updated lighting throughout, a fire place in the living room and also a wood burning stove in the family room. Main bedroom has a large his and her closet and a full bath! Plenty of green space in the back yard, fenced back and front yard, freshly painted, new carpet and possession at closing!

Single-familyProperty Type

1985Year Built

0.37 acresLot Size

$154Est. Price/Sq.Ft.

2 car garageParking

Listed by Steve Metarelis • Offerpad Brokerage, LLC

Contact: contracts@offerpad.com

Bought with Non-BLC Member • Non-BLC Office

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21858790

Redfin Estimate

$265,680

$22K since sold in June 2022$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8% higher than the average sale price ($246K) of 6 comparable homes.

SOLD MAY 22, 2026
$229,000
A
3 beds2 baths1,656 sq ft
2305 Radcliffe Ave, Indianapolis, IN 46227
SOLD AUG 17, 2026
$227,400
B
4 beds2 baths1,872 sq ft
3001 E Hanna Ave, Indianapolis, IN 46227
SOLD APR 8, 2026
$200,000
C
3 beds2 baths2,236 sq ft
2416 Radcliffe Ave, Indianapolis, IN 46227
SOLD JAN 30, 2026
$215,000
D
3 beds2 baths1,440 sq ft
1929 Lawrence Ave E, Indianapolis, IN 46227
SOLD AUG 19, 2026
$294,900
E
4 beds2 baths3,204 sq ft
2201 Redfern Dr, Indianapolis, IN 46227
SOLD JUN 1, 2026
$310,000
F
4 beds2 baths1,664 sq ft
4229 Terra Dr, Indianapolis, IN 46237

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Earn from this home

Sell

$69,345

Est. take-home

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Refinance

Est. cash available

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Rent

$1,512/mo

Redfin rental estimate

List your home for rent

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

OPEN SEP 13, 12PM TO 2PM
$297,500
3 beds3 baths1,991 sq ft
138 South St, Southport, IN 46227
NEW 30 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 4032 S Rural St

Date

Event

Price

RENTLY #3

Jul 2, 2026

Rental Removed

$1,980

$1/sq ft

May 2, 2026

Listed for Rent

$1,980

$1/sq ft

RENT. #2

Jun 15, 2024

Rental Removed

$1,855

$1/sq ft

Jun 12, 2024

Listed for Rent

$1,855

$1/sq ft

RENTLY #1

Jun 16, 2024

Rental Removed

$1,855

$1/sq ft

Jun 12, 2024

Listed for Rent

$1,855

$1/sq ft

Nov 20, 2022

Rental Removed

—

MIBOR as Distributed by MLS Grid #21858790

Jun 17, 2022

Sold

$243,255

$141/sq ft

May 26, 2022

Pending

—

May 24, 2022

Listed

$249,900

$145/sq ft

MIBOR as Distributed by MLS Grid #21664045

Sep 30, 2019

Sold

$100,000

$58/sq ft

Aug 25, 2019

Pending

—

Aug 24, 2019

Listed

$119,900

$69/sq ft

+13

Bi-level home located on a fenced in yard,both back and front. This home offers 2 bedrooms on the upper level, 2 full bath, kitchen/dining room combination, large living room, on main level with fireplace.and a full basement. Bring your imagination and make the full basement to your own taste. It offers a fireplace and 2 more bedrooms, family room, great for entertaining. Floor covering needed in basemt. Gas furn,/central air, 2 car attached garage, storage shed and concrete pad in front of garage. Concrete patio in back and arbor too.Wrap around deck in front of kitchen, dining and master.great for bird watching. Wide drive and room to park beside garage, on concrete slab too.Located just minutes from a college, shopping, and eateries.

MIBOR as Distributed by MLS Grid #21661266

Aug 23, 2019

Listing Removed

—

Aug 13, 2019

Listed

$0/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,783 (+11.0%)

$14,600 + $248,200

$262,800

2024

$6,110 (+9.5%)

$14,600 + $218,900

$233,500

2023

$5,579 (+105.9%)

$14,600 + $218,900

$233,500

2022

$2,710 (+21.0%)

$14,600 + $198,400

$213,000

2021

$2,239 (+9.3%)

$14,600 + $149,000

$163,600

2020

$2,048 (+13.0%)

$14,600 + $149,000

$163,600

2019

$1,813 (+5.6%)

$14,600 + $134,800

$149,400

2018

$1,716 (−0.8%)

$13,900 + $120,600

$134,500

2017

$1,730 (+10.2%)

$13,900 + $112,600

$126,500

2016

$1,571 (+4.5%)

$13,900 + $112,600

$126,500

2015

$1,504 (+10.1%)

$13,900 + $102,600

$116,500

2014

$1,366 (−4.1%)

$13,900 + $109,500

$123,400

2013

$1,424

$13,900 + $105,200

$119,100

Tax history for 4032 S Rural St

Year

Property tax

Land + Additions

Assessment*

2025

$6,783 (+11.0%)

$14,600 + $248,200

$262,800

2024

$6,110 (+9.5%)

$14,600 + $218,900

$233,500

2023

$5,579 (+105.9%)

$14,600 + $218,900

$233,500

2022

$2,710 (+21.0%)

$14,600 + $198,400

$213,000

2021

$2,239 (+9.3%)

$14,600 + $149,000

$163,600

2020

$2,048 (+13.0%)

$14,600 + $149,000

$163,600

2019

$1,813 (+5.6%)

$14,600 + $134,800

$149,400

2018

$1,716 (−0.8%)

$13,900 + $120,600

$134,500

2017

$1,730 (+10.2%)

$13,900 + $112,600

$126,500

2016

$1,571 (+4.5%)

$13,900 + $112,600

$126,500

2015

$1,504 (+10.1%)

$13,900 + $102,600

$116,500

2014

$1,366 (−4.1%)

$13,900 + $109,500

$123,400

2013

$1,424

$13,900 + $105,200

$119,100

*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

Lot width

—

Lot depth

—

Lot size

0.37 Acres

Year renovated

1985

Sq. Ft.

1,128

Year built

1985

Style

Single Family Residential

County

Marion County

APN

491032101004000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

Jun 5, 2013 • Active

Heating & cooling permit-1-2 family-replacement

Replace the furnace and air conditioner in a residential building.

HVAC

Oct 7, 2010 • Active

Improvement location permit-1-2 family

Legalize an existing above ground pool and pool cover for a single-family home.

Pool and hot tub

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: Attached
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1728
Living Area: 1128
Main Level Sq. Ft.: 1128
Lower/Basement Level Sq. Ft (Finished): 540

Bedroom Information
# of Basement Bedrooms: 2
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2

Room 1 Information
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Main

Room 2 Information
Room Type: Breakfast Room
Room Features: Vinyl Plank
Room Dimensions: 08x13
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl Plank
Room Dimensions: 10x15
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 11x12
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Features: Vinyl Plank
Room Dimensions: 13x12
Room Level: Main

Room 6 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x12
Room Level: Basement

Room 7 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 12x13
Room Level: Basement

Room 8 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 29x14
Room Level: Basement

Other Rooms Information
Rooms Upper: 0
Rooms Main: 8
Rooms Basement: 4
# of Rooms: 12

Basement Information
Has Basement
Basement Features: Finished Ceiling, Partial

Fireplace Information
# of Fireplaces: 2
Fireplace Features: Family Room, Living Room, Woodburning Fireplce

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access
Appliances: Dishwasher, Microwave, Electric Oven, Gas Water Heater

Exterior

Building Information
Percent Optional Level Finished: 75+%

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.37

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Solid Waste Information: Yes

Location

School Information
Schools: SOUTHPORT ELEMENTARY,SOUTHPORT HIGH,SOUTHPORT MIDDLE
High School District: Perry Township Schools

Location Information
Directions: From Madison Avenue, turn right onto E Thompson Rd, left onto Keystone Avenue,right onto HannaAve, Right onto Rural, home on right.
Tax Legal Description: PT NW1/4 NW1/4 S32 T15 R4 BEG 610.84FT S OF NE CORS 92.7FT W 174FT N 92.7FT E 174FT TO BEG .37AC

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,128
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1985
Year Renovated: 1985
County: Marion County
APN: 491032101004000500

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: contracts@offerpad.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Stone, Vinyl Siding
Levels: One

Around this home

Schools

Jeremiah Gray Kindergarten

Public K-1 • Assigned • 1.6mi

Southport 6th Grade Academy

Public 6 • Assigned • 1.6mi

4/10

Southport High School

Public 9-12 • Assigned • 2.9mi

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

$253,000 – $306,000

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Home values near 4032 S Rural St

Data from public records.

Address	Redfin Estimate
4028 S Rural Street, Indianapolis, IN 3 Beds \| 2 Baths \| 3864 Sq. Ft.	$294,418
4148 S Rural Street, Indianapolis, IN 3 Beds \| - Baths \| 1244 Sq. Ft.	$236,746

Address	Redfin Estimate
4040 S Rural Street, Indianapolis, IN 3 Beds \| 2 Baths \| 3030 Sq. Ft.	$159,991
4005 S Rural Street, Indianapolis, IN 2 Beds \| 1 Baths \| 1376 Sq. Ft.	$239,876

Address	Redfin Estimate
4020 S Rural Street, Indianapolis, IN 3 Beds \| - Baths \| 2006 Sq. Ft.	$343,168
4050 S Rural Street, Indianapolis, IN 2 Beds \| 2 Baths \| 1210 Sq. Ft.	$191,999

Property information provided by undefined .

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