RARE opportunity in Twin Aire! This super-cute 2BDRM/1BA ranch has been freshly updated and is ready for you to call home. Step inside to find fresh paint, gleaming hardwood floors, brand-new vinyl windows, and stylish new blinds that make this home shine. The cozy kitchen comes fully equipped with all-new appliances, including a 26-cubic-foot stainless steel French-door refrigerator and a smooth-top electric range - and yes, they all stay! Enjoy your mornings on the charming front porch or sip your coffee on the covered back patio overlooking a private, fully fenced backyard - perfect for stargazing at night. This home is also ADA-friendly, featuring a solid wood ramp and a main bath with a walk-in shower for ease and comfort. Convenience is unbeatable: you'll have easy access to the bus line, grocery, gas, and everyday essentials, plus you're just minutes from Downtown Indianapolis, Christian Park, and the new Justice Center. This remarkable ranch won't last long--see it TODAY!
Single-familyProperty Type
1951Year Built
5,401 sq ftLot Size
$205Est. Price/Sq.Ft.
Listed by Miriam Odegard• United Real Estate Indpls
Bought with Teresa Ashmore• T&H Realty Services, Inc.
Don't miss this cozy 2 bedroom 1 bath in the up-and-coming Twin Aire area. Great for a first-time home buyer or an investor looking to grow their portfolio. The home features original hardwood floors, an updated furnace, a covered front porch with a wheelchair-accessible ramp, and a back porch that is also covered. Also, the house has a 2-car detached garage. A great investment opportunity is waiting for your finishing touches to build some sweat equity.
Year
Property tax
Land + Additions
Assessment*
2025
$1,889 (+12.9%)
$6,300 + $71,000
$77,300
2024
$1,672 (+2.6%)
$6,300 + $61,200
$67,500
2023
$1,630 (+2,297.0%)
$6,300 + $61,200
$67,500
2022
$68 (+1.8%)
$6,300 + $59,500
$65,800
2021
$67 (+1.8%)
$6,300 + $36,700
$43,000
2020
$66 (+1.9%)
$6,300 + $36,700
$43,000
2019
$64 (+1.9%)
$6,300 + $30,700
$37,000
2018
$63 (+1.9%)
$2,400 + $28,000
$30,400
2017
$62 (+3.3%)
$2,400 + $26,200
$28,600
2016
$60
$2,400 + $26,200
$28,600
Tax history for 520 S Rural St
Year
Property tax
Land + Additions
Assessment*
2025
$1,889 (+12.9%)
$6,300 + $71,000
$77,300
2024
$1,672 (+2.6%)
$6,300 + $61,200
$67,500
2023
$1,630 (+2,297.0%)
$6,300 + $61,200
$67,500
2022
$68 (+1.8%)
$6,300 + $59,500
$65,800
2021
$67 (+1.8%)
$6,300 + $36,700
$43,000
2020
$66 (+1.9%)
$6,300 + $36,700
$43,000
2019
$64 (+1.9%)
$6,300 + $30,700
$37,000
2018
$63 (+1.9%)
$2,400 + $28,000
$30,400
2017
$62 (+3.3%)
$2,400 + $26,200
$28,600
2016
$60
$2,400 + $26,200
$28,600
*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
1
Lot width
40 ft.
Lot depth
135 ft.
Lot size
5,401 Sq. Ft.
Year renovated
1973
Sq. Ft.
720
Year built
1951
Style
Single Family Residential
County
Marion County
APN
491008132129000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D5
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.
Zone overlays
Compact 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
Nov 14, 2003 • Active
Notification
Tear off the existing roof and install a new roof on a building.
Roofing
Feb 18, 2003 • Final
Right of way permit-excavation
Perform repairs on the main utility line.
Gas
Grading
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
Garage SqFt: 462
Parking Features: Alley Access
Garage Spaces: 0
Interior
Interior Sq. Ft. Information
Building Area Total: 720
Living Area: 720
Main Level Sq. Ft.: 720
Upper Level Sq. Ft.: 0
Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2
Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1
Primary Bathroom Description: Handicap Accessible,Shower Stall Full