1217 N Rural St

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Baths
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per Sq. Ft.

Description

Discover the perfect opportunity to own this spacious duplex featuring 3 bedrooms and 1 full bath per side, offering 1,533 sq.ft. of living space on each side! Whether you're looking to invest or become a homeowner, this property presents incredible flexibility. For those with an FHA loan, this is your chance to live in one unit and rent out the other, helping cover your mortgage while building equity. Investors, this duplex is also a fantastic income-generating property with strong rental potential...Discover the perfect opportunity to own this spacious duplex featuring 3 bedrooms and 1 full bath per side, offering 1,533 sq.ft. of living space on each side! Whether you're looking to invest or become a homeowner, this property presents incredible flexibility. For those with an FHA loan, this is your chance to live in one unit and rent out the other, helping cover your mortgage while building equity. Investors, this duplex is also a fantastic income-generating property with strong rental potential in a desirable location. This property has seen several key updates, ensuring peace of mind for future owners and tenants: 1217: Brand-new flooring throughout, refreshed bathroom vanity, toilet, and flooring, new paint, updated light fixtures, a new fence, and a recently installed water heater. 1219: Upgrades include a new bathroom vanity, toilet, and flooring, remodeled kitchen cabinets and flooring, new paint, a new fence, and recently replaced gutters. Well-maintained and move-in ready, both sides offer generous living space, comfortable layouts, and all the amenities tenants or owners could desire. Don't miss out on this rare opportunity to maximize your investment or enjoy the benefits of homeownership with rental income!
  1. Listed by Phillip Tinsley • RE/MAX Advanced Realty
    P: (317)-298-0961 phillip@indyhomepros.com

Property Details for 1217 North Rural Street

Architectural Style
Bungalow, TraditonalAmerican
Subdivision Name
Vajens South Brookside
Township
Center
Waterfront
No
LISTING CLOSED: 11/15/2024 12:00 AM

Property Details for 1217 North Rural Street

StatusClosed
MLS #22005223
Days on Market18
Taxes$1,032 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1923
Lot Size0.14 AC / 6,098 SF
CountyMarion County

Location

Listing Courtesy of RE/MAX Advanced Realty

Sold By Keller Williams Indy Metro S

Add your commute

Building Information for 1217 North Rural Street

Stories-Residences2Year Built1923Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$1,054 per month

30 year fixed, 6.36% Interest

Principal and Interest

$882

Property Taxes

$172

HOA Dues

$0

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Property Information for 1217 North Rural Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 1330
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 490732193117000101
  • Semi Annual Property Tax Amt: 1032
  • Tax Year: 2023
  • TaxLot: 24
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Insurance, Water
Parking
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Busline, City Lot, Sidewalks, Street Lights
  • Lot Size Square Feet: 6098.0
  • Lot Size Acres: 0.14
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Duplex
  • Year Built Numeric: 1923
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Vajens So Brookside L24
  • Photos Count: 17
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt, Concrete
  • Transaction Type: Sale
  • Buyer Financing: Cash
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Asphalt, Shingle
  • Fencing: Fence Full Rear, Privacy
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: None
  • Heating: Forced Air
  • Levels: Two
  • Laundry Features: Main Level, In Basement
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Unpaved, Other
Income & Expenses
  • Expenses: 0
  • Gross Income: $20,400.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 1217 North Rural Street

DateEvent & SourcePriceAppreciation
Nov 15, 2024

Sold (Public Record)

Public Record #1548208171

$177,000

+23.5% / yr

Nov 15, 2024

Sold

MIBORMLS #22005223

$177,000—
Nov 1, 2024

Pending

MIBORMLS #22005223

—
DateEvent & SourcePrice
11/15/2024

Sold (Public Record)

Public Record #1548208171

$177,000

+23.5% / yr

11/15/2024

Sold

MIBORMLS #22005223

$177,000
11/01/2024

Pending

MIBORMLS #22005223

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

Public Records for 1217 North Rural Street

Taxable ValueLand$20,200Additions$69,600Total$89,800
Tax Record2024$2,131 ($178 / month)
Home Facts
Total Finished SqFt1,022 SqFtAbove Grade Finished SqFt1,022 SqFtStories2Lot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1923ZoningZO01CountyMARIONAPN49-07-32-193-117.000-101

Schools near 1217 North Rural Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 8
Public - 11 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

Emmerich Manual High School
Public11 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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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 RE/MAX Advanced Realty

Based on information submitted to the MLS GRID as of 11/20/2024 05:09 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.