OFF MARKET

Off Market Oct 2023 for $170K

—

•

96 ba

•

64,800

sq ft

47 S Rural St, Indianapolis, IN 46201

About this home

Looking for a hight quality, turn key, cash flowing rental? Look no further than this 2 bedroom 1 bath (each side) duplex that was tastefully done. Right up the street from the new criminal justice center and easy access to Washington street, your tenants will love living here. Detached garage out back has been converted into a storage unit, giving you ample space to store any extra material you could need for all your projects. Or just make it a workshop you! or a garage for the tenants? This duplex is a great investment and you will regret it if you miss out!

Multi-familyProperty Type

1920Year Built

6,011 sq ftLot Size

$3Price/Sq.Ft.

1 car garageParking

Listed by Austin Fish • Go Fish Realty

Contact: austin@gofishrealty.net

Bought with Max Moore • @properties

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21942160

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46201, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.9%

+1.0% MoM

Median sale price

$202K

$22K MoM

Avg. days on market

21d

9 days MoM

Recently sold homes

198

13 MoM

New listings for sale

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NEW 2 HRS AGO
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5 beds3 baths2,540 sq ft
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NEW 3 HRS AGO
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8 beds17 baths15,340 sq ft
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$110,000
4 beds2 baths1,756 sq ft
1134 N Oakland Ave, Indianapolis, IN 46201
NEW 17 HRS AGO
$235,000
3 beds1.5 baths2,167 sq ft
1317 Wallace Ave, Indianapolis, IN 46201
NEW 21 HRS AGO
$166,900
1 bed2 baths1,104 sq ft
4614 E 16th St, Indianapolis, IN 46201
$280,000
4 beds3 baths2,064 sq ft
33 N Gray St, Indianapolis, IN 46201
$474,900
2 beds4 baths2,352 sq ft
333 S State St, Indianapolis, IN 46201
REDFIN OPEN SAT, 1PM TO 3PM
$205,000
2 beds1 bath1,572 sq ft
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3D WALKTHROUGH
$180,000
3 beds1.5 baths1,588 sq ft
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See all

Provided by Redfin

Sale history for 47 S Rural St

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$3,805 (−3.4%)

$5,300 + $150,500

$155,800

2024

$3,938 (+2.5%)

$5,300 + $154,700

$160,000

2023

$3,840 (−0.5%)

$5,300 + $154,700

$160,000

2022

$3,860 (+179.4%)

$5,300 + $149,700

$155,000

2021

$1,382 (+6.4%)

$5,300 + $47,800

$53,100

2020

$1,299 (+13.3%)

$5,300 + $47,800

$53,100

2019

$1,147 (+5.4%)

$5,300 + $44,100

$49,400

2018

$1,088 (+13.7%)

$2,300 + $39,900

$42,200

2017

$956 (+4.0%)

$2,300 + $36,000

$38,300

2016

$919 (+9.7%)

$2,300 + $36,000

$38,300

2015

$838 (+3.1%)

$2,300 + $35,500

$37,800

2014

$813 (+3.4%)

$2,300 + $34,700

$37,000

2013

$786

$2,300 + $34,400

$36,700

Tax history for 47 S Rural St

Year

Property tax

Land + Additions

Assessment*

2025

$3,805 (−3.4%)

$5,300 + $150,500

$155,800

2024

$3,938 (+2.5%)

$5,300 + $154,700

$160,000

2023

$3,840 (−0.5%)

$5,300 + $154,700

$160,000

2022

$3,860 (+179.4%)

$5,300 + $149,700

$155,000

2021

$1,382 (+6.4%)

$5,300 + $47,800

$53,100

2020

$1,299 (+13.3%)

$5,300 + $47,800

$53,100

2019

$1,147 (+5.4%)

$5,300 + $44,100

$49,400

2018

$1,088 (+13.7%)

$2,300 + $39,900

$42,200

2017

$956 (+4.0%)

$2,300 + $36,000

$38,300

2016

$919 (+9.7%)

$2,300 + $36,000

$38,300

2015

$838 (+3.1%)

$2,300 + $35,500

$37,800

2014

$813 (+3.4%)

$2,300 + $34,700

$37,000

2013

$786

$2,300 + $34,400

$36,700

*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

40 ft.

Lot depth

150 ft.

Lot size

6,011 Sq. Ft.

Year renovated

2012

Sq. Ft.

675

Year built

1920

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

491008129012000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

COMPACT

TOD

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

Compact Context Area
Transit Oriented Development Secondary Zoning District

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

Property details

Parking

Parking Information
Unit Parking: On Street,Other
Parking Features: Detached
Garage Spaces: 1

Interior

Virtual Tour

Laundry Room Information
Laundry Features: Main Level

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

Multi-Family Financial Information
Owner Pays: Ins Hazard, Insurance, Taxes
Net Operating Income: 18928
Gross Income: 20568
Expenses: 1640

Multi-Unit Information
Multi Beds: 4
Multi Baths: 2
# of Units: 2
Multi Rooms: 10

Unit Type 1 Information
Kitchen: 100
Levels: 1
Rent: 857
Rent Frequency: Monthly
Unit Type: 2 Bedroom

Unit Type 2 Information
Kitchen: 100
Levels: 1
Rent: 857
Rent Frequency: Monthly
Unit Type: 2 Bedroom

Exterior

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Property Condition: Updated/Remodeled
Attached Property
Property Sub Type: Duplex
Zoning: Multfamily

Land Information
Gross Area Sq Ft: 1350
Current Use: Residential
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.14
Road Access: Access Rd,Frontage Road

Utilities

Utility Information
Solid Waste Information: No

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: Use GPS
Tax Legal Description: Christians E Wash St Add L13

Public facts

Beds: 1
Baths: —
Sq. Ft.: 675
Stories: 1.0
Lot Size: 6,011 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 2012
County: Marion County
APN: 491008129012000101

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: austin@gofishrealty.net

Green Information
Green Certification YN: No
Direction Faces: West

Home Information
Foundation Details: Block
Structure Type: Duplex
Levels: One

Around this home

Schools

William McKinley School 39

Public PreK-5 • Assigned • 0.9mi

6/10

H.L. Harshman Magnet Middle School

Public 6-8 • Assigned • 1.3mi

10/10

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

6/10 Flood Factor

Estimated 69-77% 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

3/10 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)

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

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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Home values near 47 S Rural St

Data from public records.

Address	Redfin Estimate
40 S Rural Street, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$138,437
26 S Rural Street, Indianapolis, IN 2 Beds \| - Baths \| 1008 Sq. Ft.	—

Address	Redfin Estimate
121 S Rural Street, Indianapolis, IN 2 Beds \| 1 Baths \| 660 Sq. Ft.	$46,336
43 S Rural Street, Indianapolis, IN 1 Beds \| - Baths \| 910 Sq. Ft.	$111,554

Address	Redfin Estimate
27 S Rural Street, Indianapolis, IN 4 Beds \| 2 Baths \| 1238 Sq. Ft.	$179,950
35 S Rural Street, Indianapolis, IN 5 Beds \| 2 Baths \| 3234 Sq. Ft.	$230,374

Property information provided by undefined .

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