Last Sold Price
3 beds1,104 sqft$82/sqft
1509 S Rural St, Indianapolis, IN 46203

Description

Welcome to this charming 3-bedroom bungalow nestled in the vibrant city of Indianapolis! Spanning an inviting 1,104 square feet, this former rental property offers a golden opportunity for those looking to flip or grow your rental portfolio. The heart of the home is an open kitchen that seamlessly flows into the dining room, creating a warm and welcoming space for gatherings and meals. Step outside into the large backyard, perfect for outdoor activities, gardening, or simply relaxing in your own...Welcome to this charming 3-bedroom bungalow nestled in the vibrant city of Indianapolis! Spanning an inviting 1,104 square feet, this former rental property offers a golden opportunity for those looking to flip or grow your rental portfolio. The heart of the home is an open kitchen that seamlessly flows into the dining room, creating a warm and welcoming space for gatherings and meals. Step outside into the large backyard, perfect for outdoor activities, gardening, or simply relaxing in your own private oasis. This delightful property is brimming with potential, ready for you to make it your own!
LISTING CLOSED: 09/08/2025 12:00 AM

  1. Listed by Kathryn Teltow • Highgarden Real Estate
    P: (317) 205-4320 kteltow@highgarden.com

Property Details for 1509 South Rural Street

Status
MLS #
22047929
Days on Market
26
Taxes
$797 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1971
Lot Size
0.11 AC / 4,791 SF
Architectural Style
Traditional
Subdivision Name
Murphys
Township
Center

Recent comparable sales

Median sold price

$94,750

Avg days on market

55

Sale-to-list ratio

86.9%

Indianapolis, IN

9 comparable properties found

$94,750 | 1462 Golay Street, Indianapolis, IN 46203
1/20
1

$94,750

Sold 03/24/25

3
Bedrooms
1,000
Square Feet
0.11
Acres
$94,750 | 1458 Golay Street, Indianapolis, IN 46203
1/7
2

$94,750

Sold 03/24/25

3
Bedrooms
1,000
Square Feet
0.11
Acres
$94,750 | 1454 Golay Street, Indianapolis, IN 46203
1/19
3

$94,750

Sold 03/24/25

3
Bedrooms
1,000
Square Feet
0.11
Acres
$80,000 | 3040 English Avenue, Indianapolis, IN 46201
1/17
4

$80,000

Sold 09/24/25

3
Bedrooms
1,140
Square Feet
0.12
Acres
$91,000 | 415 South Oakland Avenue, Indianapolis, IN 46201
1/13
5

$91,000

Sold 04/04/25

3
Bedrooms
1,032
Square Feet
0.12
Acres
$95,000 | 401 Harlan Street, Indianapolis, IN 46201
1/36
6

$95,000

Sold 06/30/25

3
Bedrooms
1,092
Square Feet
0.1
Acres
$92,900 | 3636 Hoyt Avenue, Indianapolis, IN 46203
1/32
7

$92,900

Sold 10/22/24

3
Bedrooms
960
Square Feet
0.12
Acres
$105,000 | 2058 Mac Court, Indianapolis, IN 46203
1/23
8

$105,000

Sold 04/10/26

3
Bedrooms
1,025
Square Feet
0.26
Acres
$86,000 | 1159 South Bradley Avenue, Indianapolis, IN 46203
1/15
9

$86,000

Sold 05/18/26

3
Bedrooms
936
Square Feet
0.16
Acres

Location

Listing Courtesy of Highgarden Real Estate

Sold By eXp Realty, LLC

Add your commute

Building Information for 1509 South Rural Street

Stories-Year Built1971Building Size-Lot Size0.11 AC / 4,791 SF

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$590 per month

30 year fixed, 6.55% Interest

Principal and Interest

$457

Property Taxes

$133

HOA Dues

$0

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Property Information for 1509 South Rural Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46203
  • Postal Code Plus4: 3031
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491017111159000101
  • Semi Annual Property Tax Amt: 797
  • Tax Year: 2024
  • TaxLot: 183
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
  • Garage SqFt: 0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Street Lights
  • Lot Size Square Feet: 4704.0
  • Lot Size Acres: 0.11
  • Main Level SqFt: 1104
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1104.0
  • Sq Ft Total: 1104.0
  • Year Built Numeric: 1971
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: J W Murphys Southeast Add L183
  • Photos Count: 16
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Utilities
  • Solid Waste: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Crawl Space
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None, Gas Water Heater
  • Basement YN: No
  • Cooling: None
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Electric, Natural Gas
  • Interior Features: Attic Access, Eat-in Kitchen
  • Levels: One
  • Additional Equipment: None
  • Room List: Primary Bedroom, Kitchen, Bedroom 2, Living Room, Dining Room, Bedroom 3
  • Room and Features: Primary Bedroom-Main, Kitchen-Main, Bedroom 2-Main, Living Room-Main, Dining Room-Main, Bedroom 3-Main
  • Main Level Bedrooms: 3
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 16x12
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Bedroom 2
Room 4
  • Room Level: Main
  • Room Dimensions: 16x14
  • Room Type: Living Room
Room 5
  • Room Level: Main
  • Room Dimensions: 18x10
  • Room Type: Dining Room
Room 6
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Bedroom 3
Room 7
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Dining Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 1509 South Rural Street

DateEvent & SourcePriceAppreciation
Sep 8, 2025

Sold

MIBORMLS #22047929

$90,000
Sep 5, 2025

Sold (Public Record)

Public Record #1919507845

$90,000

+1.4% / yr

Aug 7, 2025

Pending

MIBORMLS #22047929

DateEvent & SourcePrice
09/08/2025

Sold

MIBORMLS #22047929

$90,000
09/05/2025

Sold (Public Record)

Public Record #1919507845

$90,000

+1.4% / yr

08/07/2025

Pending

MIBORMLS #22047929

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

Public Records for 1509 South Rural Street

Taxable ValueLand$5,300Additions$67,400Total$72,700
Tax Record2024$1,725 ($144 / month)
Home Facts
Beds2Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtStories1Lot Size4,704 SqFtStyleSingle Family ResidenceYear Built1971CountyMARIONAPN49-10-17-111-159.000-101

Schools near 1509 South Rural Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Daniel Webster School 46
PublicPK to 5

William Penn School 49
Public6 to 8

Thrival Academy
Public9 to 12

George W. Julian School 57
PublicPK to 5

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 Highgarden Real Estate

Based on information submitted to the MLS GRID as of 09/09/2025 10:20 AM. 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.