Sold
Last Sold Price
13,024 Lot Size0.30 Acres
416 N Rural St, Indianapolis, IN 46201
LandProperty Type
0.30 acresLot Size

Description

Prime Multi-Family Development Opportunity - Two Lots Sold Together! Seize this incredible opportunity to own two adjacent lots in a prime location, zoned for multi-family development. These combined lots offer ample space to bring your vision to life, whether it's townhomes, duplexes, or an apartment complex. Possibilities are endless. Don't let this opportunity go by! Check it out today!Prime Multi-Family Development Opportunity - Two Lots Sold Together! Seize this incredible opportunity to own two adjacent lots in a prime location, zoned for multi-family development. These combined lots offer ample space to bring your vision to life, whether it's townhomes, duplexes, or an apartment complex. Possibilities are endless. Don't let this opportunity go by! Check it out today!
  • Listed by: Sarah Fishburn 317.686.0612 sarah.fishburn@talktotucker.com • F.C. Tucker Company
  • Listed by: Brandon Fishburn 317.445.5189 brandon.fishburn@talktotucker.com
Listing closed: 05/21/2025 12:00 AM • Source: MIBORMLS, MLS#: 22020670

Location

Listing Courtesy of F.C. Tucker Company

Sold By F.C. Tucker Company

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Principal and Interest

$413

Property Taxes

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Property Information for 416 North Rural Street

Property Details
  • Taxes: $261 semi-annually
  • MLS Type: Land / Residential Lots
  • Subdivision Name: F W & W Scheeles East Mich St Add
  • Township: Center
  • Zoning: D8
Building Information
  • Lot Size: 0.30 AC
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3216
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Other
Taxes and HOA Information
  • Parcel Number: 491005104011000101
  • Semi Annual Property Tax Amt: 261
  • Tax Year: 2023
  • TaxLot: 101
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Land Characteristics: City
  • Lot Size Square Feet: 13016.0
  • Lot Size Acres: 0.299
  • New Construction: False
  • Number Of Lots: 2
  • Other Structures: See Remarks
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Not Applicable
  • Divisible: Yes
  • DPRYN: No
  • Legal Subdivision: F W Scheeles E Mich St Add L16
  • Photos Count: 8
  • Present Zoning: Multi-Fam
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Concrete
  • Type: Undeveloped
  • Transaction Type: Sale
  • Buyer Financing: Cash
Utilities
  • Facilities Near: Cable
  • Facilities On: Electric,Gas,Sewer,Water
  • Sewer: Municipal Sewer On Site
  • Solid Waste: Yes
  • Water: Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 416 North Rural Street

DateEvent & SourcePriceAppreciation
May 21, 2025

Sold

MIBORMLS #22020670

$80,000—
May 8, 2025

Pending

MIBORMLS #22020670

—
Mar 28, 2025

Price Change

MIBORMLS #22020670

$90,000—
DateEvent & SourcePrice
05/21/2025

Sold

MIBORMLS #22020670

$80,000
05/08/2025

Pending

MIBORMLS #22020670

—
03/28/2025

Price Change

MIBORMLS #22020670

$90,000

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

Public Records for 416 North Rural Street

Taxable ValueLand$6,000Additions$73,700Total$79,700
Tax Record2024$1,891 ($158 / month)
Home Facts
Beds2Baths1Total Finished SqFt756 SqFtAbove Grade Finished SqFt756 SqFtStories1Lot Size5,837 SqFtStyleSingle Family ResidenceYear Built1955CountyMARIONAPN49-10-05-104-011.000-101

Schools near 416 North 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 6
Rating
School
Distance
Anna Brochhausen School 88
PublicPK to 5

Arlington Community Middle School
Public6 to 8

Thrival Academy
Public9 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 F.C. Tucker Company

Based on information submitted to the MLS GRID as of 05/22/2025 12:22 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.