Sold
Last Sold Price
1129-1131 N Rural St, Indianapolis, IN 46201
Multi FamilyProperty Type
6,098 sq ftLot Size
1910Year Built

Description

Nice duplex located in an Opportunity Zone, two blocks north of 10th and Rural where so much redevelopment is taking place and only 10 minutes to downtown Indy! Brand new roof, windows, furnaces, water heaters, and most siding. Great income opportunity for investors - each side has 4 bedrooms with shared kitchen and full bathroom, and a separate studio-like room in the back with kitchen sink, fridge, microwave, shower, and toilet. Currently receives $4500+ in monthly rent and estimated expenses are...Nice duplex located in an Opportunity Zone, two blocks north of 10th and Rural where so much redevelopment is taking place and only 10 minutes to downtown Indy! Brand new roof, windows, furnaces, water heaters, and most siding. Great income opportunity for investors - each side has 4 bedrooms with shared kitchen and full bathroom, and a separate studio-like room in the back with kitchen sink, fridge, microwave, shower, and toilet. Currently receives $4500+ in monthly rent and estimated expenses are $1000/mo. Room measurements approximate. Sold As-Is. Tenants rights apply.
  • Listed by: Abigail U. Vivo 317.881.7900 avivorealtor@gmail.com • Berkshire Hathaway Home
Listing closed: 07/02/2019 12:00 AM • Source: MIBORMLS, MLS#: 21627148

Recent comparable sales

Median sold price

$147,001

Avg days on market

42

Sale-to-list ratio

92.4%

Indianapolis, IN

9 comparable properties found

$138,000 | 1027 North Rural Street, Indianapolis, IN 46201
1/3
1

$138,000

Sold 03/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$160,000 | 1221 North Oxford Street, Indianapolis, IN 46201
1/26
2

$160,000

Sold 02/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$147,001 | 1310 North Oakland Avenue, Indianapolis, IN 46201
1/28
3

$147,001

Sold 07/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres
$137,000 | 1114 North Dearborn Street, Indianapolis, IN 46201
1/16
4

$137,000

Sold 06/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
$152,000 | 914 North Oakland Avenue, Indianapolis, IN 46201
1/31
5

$152,000

Sold 10/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$150,000 | 2510 Brookside Pkwy N Drive, Indianapolis, IN 46201
1/18
6

$150,000

Sold 04/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$131,325 | 1118 North Dearborn Street, Indianapolis, IN 46201
1/27
7

$131,325

Sold 03/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
$148,000 | 1129-1131 Lasalle Street, Indianapolis, IN 46201
1/43
8

$148,000

Sold 02/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$145,000 | 918 North Dearborn Street, Indianapolis, IN 46201
1/59
9

$145,000

Sold 06/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres

Location

Listing Courtesy of Berkshire Hathaway Home

Sold By CENTURY 21 Scheetz

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Property Information for 1129-1131 North Rural Street

Property Details
  • Taxes: $561 semi-annually
  • MLS Type: Residential Income / 1-4 Units Residential
  • Architectural Style: Other
  • Subdivision Name: VAJENS SOUTH BROOKSIDE
  • Township: Center NE
Building Information
  • Residences: 4
  • Year Built: 1910
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: HWY 70 EAST TO RURAL/KEYSTONE EXIT. RURAL SOUTH TO PROPERTY.
  • Postal Code: 46201
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490732193113000101
  • Semi Annual Property Tax Amt: 561
  • Tax Exemption: MortageTaxExemption
  • Tax Year: 2018
Owner
  • Owner Pays: Insurance, Taxes, All Utilities, Water
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Other
  • Lot Number: 0
  • Lot Size: 6098
  • Lot Size Acres: 0.14
  • MLS: MIBOR
  • New Construction: False
  • SqFt Main Upper: 0
  • Structure Type: Duplex
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1910
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: None
  • DPRYN: 1
  • Inspection Warranties: Not Applicable
  • Photos Count: 14
  • Property Sub Type: 1-4 Units Residential
  • Property Type: Residential Income
  • Section: 0
  • SaleTerms: Conventnl
  • Supplement Count: 2
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Municipal Sewer Connected,Municipal Water Connected
  • Solid Waste: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
Interior Features
  • Levels: Two
  • Laundry: Connections All
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: 1 Car Garage
Income & Expenses
  • Expenses: 12000
  • Gross Operating Income: 69600
Unit 1
  • Unit Kitchen: 11x13
  • Unit Levels: 2.0000
  • Unit Master Bedroom: 10x10
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 2.0000
  • Unit Num of Bedrooms: 5
  • Unit Num of Rooms: 6
  • Unit Num of Units: 1131
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 1172
  • Unit Utilities: HeatForced
Unit 2
  • Unit Kitchen: 11x13
  • Unit Levels: 2.0000
  • Unit Master Bedroom: 10x10
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 2.0000
  • Unit Num of Bedrooms: 5
  • Unit Num of Rooms: 6
  • Unit Num of Units: 1129
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 1172
  • Unit Utilities: HeatForced
Rental
Rental Information
  • Tenant Pays: Rent Only

Property History for 1129-1131 North Rural Street

DateEvent & SourcePriceAppreciation
Jul 2, 2019

Sold

MIBORMLS #21627148

$149,900
May 17, 2019

Pending

MIBORMLS #21627148

Mar 14, 2019

Listed (Active)

MIBORMLS #21627148

$200,000
DateEvent & SourcePrice
07/02/2019

Sold

MIBORMLS #21627148

$149,900
05/17/2019

Pending

MIBORMLS #21627148

03/14/2019

Listed (Active)

MIBORMLS #21627148

$200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1129-1131 North Rural Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 8
Public - K to 12
Public - PK to 6
Rating
School
Distance
Anna Brochhausen School 88
PublicPK to 5

Edison School of the Arts 47
PublicK to 8

Impact Academy 3
PublicK to 12

Arlington Woods School 99
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1129-1131 North Rural Street, Indianapolis, IN 46201
$149,900
6,098
$149,900
1,172
6,098
$60,000
6,098
$176,000
3
2,716
6,098
$270,000
4
2,220
6,098
5
1.5
1,820
18,240

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Home

Based on information submitted to the MLS GRID as of 04/13/2021 07:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.