This is the affordable and updated home within 5 minutes of downtown Indy that you have been looking for! 535 N Rural has 3 bedrooms | 1.5 bathrooms and has the perfect blend between modern and craftsmen finishes with subtle touches that bring the original character of the home back to life. Walk into a bright an airy open space with preserved hardwood floors that lead into an update kitchen with stainless steel appliances. The back yard is privately fenced with your own separate parking space. Enjoy being within 5 minutes of downtown Indy with quick access to neighborhood favorites like The Bottleworks District, Neidhammer Coffee & more. Make this your home today! - The owner is also selling the house next door (533 N Rural) and could be packaged together. Both properties have been parceled off and have separate legal descriptions.
ENJOY NEAR DOWNTOWN LIVING in your historic 1916 completely renovated home. All new granite/stainless steel kitchen with 3 full bedrooms and new 1/2 bath on main and full bath up. Completely privacy fenced in the rear, a great playground for your pets, You'll love the convenience of being about half way between Mass Ave and Broadripple with easy access to the trails and bike paths. And at a very affordable price! Lots of storage downstairs and lots of potential for the best of urban living! Don't let this one get away. Move in today! Investors note: The 2 sides have been legally separated and can be sold separately. Consider living in one side and using other for Air B&B.
Year
Property tax
Land + Additions
Assessment*
2025
$3,842 (+108.2%)
$7,900 + $152,500
$160,400
2024
$1,845 (−3.2%)
$7,900 + $66,900
$74,800
2023
$1,906
$7,900 + $66,900
$74,800
Tax history for 535 N Rural St
Year
Property tax
Land + Additions
Assessment*
2025
$3,842 (+108.2%)
$7,900 + $152,500
$160,400
2024
$1,845 (−3.2%)
$7,900 + $66,900
$74,800
2023
$1,906
$7,900 + $66,900
$74,800
*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
—
Lot width
18 ft.
Lot depth
140 ft.
Lot size
2,526 Sq. Ft.
Year renovated
1900
Sq. Ft.
1,176
Year built
1900
Style
Single Family Residential
County
Marion County
APN
491005194075000101
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
Apr 3, 2021 • Final
Heating & cooling - 1-2 family
Replace the air conditioning unit.
HVAC
Nov 30, 2020 • Final
Structural - one or two family
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
Parking
Parking Information
Garage SqFt: 0
Parking Features: Alley Access, Assigned
Interior
Interior Sq. Ft. Information
Building Area Total: 1788
Living Area: 1192
Main Level Sq. Ft.: 596
Upper Level Sq. Ft.: 596
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 1
Full Bathrooms MU: 1
Room 1 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 14x18
Room Level: Main
Room 2 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 14x18
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Features: Other
Room Dimensions: 10x16
Room Level: Main
Room 4 Information
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Upper
Room 5 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 14x11
Room Level: Upper
Room 6 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 14x10
Room Level: Upper
Other Rooms Information
Rooms Upper: 4
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 8
Laundry Room Information
Laundry Features: Connections All
Basement Information
Has Basement
Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Electric
Interior Features
Interior Features: Attic Access, Hardwood Floors, Screens Some
Appliances: Dishwasher, Disposal, Laundry Connection in Unit, Microwave, Electric Oven, Refrigerator, Water Heater
Exterior
Building Information
Percent Optional Level Finished: 0
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Condition: Updated/Remodeled
Attached Property
Property Sub Type: Townhouse
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.06
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Fibula Farms Addition L1
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,176
Stories: —
Lot Size: 2,526 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1900
County: Marion County
APN: 491005194075000101
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: ryan@truebloodre.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Vinyl With Brick
Levels: Multi/Split
Around this home
Schools
Thomas D. Gregg School 15
Public PreK-5 • Assigned • 0.3mi
4/10
H.L. Harshman Magnet Middle School
Public 6-8 • Assigned • 0.9mi
10/10
Arsenal Technical High School
Public 9-12 • Assigned • 0.9mi
2/10
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
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% 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
82
65
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
$169,000 – $204,000
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