Great investment opportunity in an up and coming neighborhood, with many full renovations and new constructions in the surrounding area. 3 bedrooms, 1 full bath on each side, with the opportunity for an additional 1/2 bath to be added. Priced as a fixer upper, both side need updates to kitchen and baths. Hardwoods throughout with potential for restoration, and 851 is a clean slate ready for the new owners special touches. Main sewer line replaced in 2021. Improvements to 849 include new gas lines (2022), new water heater (2022), and HVAC was new when purchased in 2016. Improvements to 851 include a new water heater (2021), new subfloor in kitchen (2021), and new HVAC (2019). Rental comps suggest earnings of $1200/month per side.
*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
3
Baths
2.5
Stories
2
Lot width
40 ft.
Lot depth
140 ft.
Lot size
5,619 Sq. Ft.
Year renovated
1947
Sq. Ft.
1,316
Year built
1914
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
491005158001000101
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
May 27, 2025 • Final
Electrical - 1-2 family
Electrical
New construction
Apr 28, 2025 • Final
Heating & cooling - 1-2 family
HVAC
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
Unit Parking: On Street
Parking Features: Alley Access
Interior
Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0
Laundry Room Information
Laundry Features: Connections All
Multi-Family Financial Information
Owner Pays: Taxes
Gross Income: 12000
Expenses: 0
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 00X00
Levels: 2
Miscellaneous: No Equip
Rent: 500
Rent Frequency: Monthly
Utilities: Cl None, Fuel Gas, Heat Forced, Hot Wtr Gas
Unit Type 2 Information
Kitchen: 00X00
Levels: 2
Miscellaneous: No Equip
Rent: 500
Rent Frequency: Monthly
Utilities: Cl None,Fuel Gas,Heat Forced,Hot Wtr Gas
Exterior
Building Information
Building Information: Other
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Residential Units - 1 to 4
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.129
Lot Features: Access
Utilities
Utility Information
Utilities: Gas Nearby, Sewer Connected, Water Connected
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: 10th Street to South on Rural
Tax Legal Description: JULIAN TRS ADD L35
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,316
Stories: 2.0
Lot Size: 5,619 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1914
Year Renovated: 1947
County: Marion County
APN: 491005158001000101
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: dylan@everhartlistings.com
Green Information
Green Certification YN: No
Home Information
Construction Materials: Aluminum Siding, Vinyl Siding
Structure Type: Duplex
Around this home
Schools
Brookside School 54
Public PreK-5 • Assigned • 0.3mi
3/10
H.L. Harshman Magnet Middle School
Public 6-8 • Assigned • 0.9mi
10/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 0.8mi
3/10
Arsenal Technical High School
Public 9-12 • Assigned • 0.9mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
$123,000 – $149,000
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