new - 3 days on rocket

1027 N Rural St, Indianapolis, IN, 46201

$155,000

Home List Price

$1,841*

Closing Credit

0 Baths
Multi

Location

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1027 N Rural St, Indianapolis$155,000

Buyer Closing Credits

$1,841*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1920
BasementYes
MLS #22015312
Lot Size0.14 Acres
StatusActive

About 1027 N Rural St

Don't miss this excellent investment opportunity! This duplex, being sold as-is, features two units, each currently occupied by long-term tenants paying $900/month, providing immediate rental income. Each unit offers functional layouts and the potential for upgrades to increase rental value. The property is conveniently located near local restaurants, stores, and public transportation, making it an attractive option for renters. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer interested in an income-generating property, this duplex has plenty of potential. Priced to sell, this is your chance to secure a property with reliable tenants already in place. No showings will be taken until after accepted contract. Tenants are in place and leases are available. This is being sold a part of a portfolio package. Please inquiure about other incoming prodcuing properties for sale. Please text Meighan Wise.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: meighanwise@gmail.com
  • Listing Agent: Meighan Wise

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000

Tax Information:

  • Annual Amount: $1,081
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

1027 N Rural St vs Indianapolis

3 DAYS ON ROCKET

-33 Days

$155,000

-$93.1K Less

KEY TAKEAWAY

This property is $93.1K less than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22015312

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: meighanwise@gmail.com
  • Listing Agent: Meighan Wise

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,081$48,500
2019$1,154$45,800
2018$1,003$43,800
2017$967$42,100

History based on county public records data.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-765465
3
/10
  • Brookside Elementary School 54

  • 3150 E 10th St

  • 0.21 miles

  • Public District Grades KG-6

school-card-donut-765466
4
/10
  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 0.55 miles

  • Public District Grades PK-6

school-card-donut-765467
4
/10
  • Theodore Potter Magnet Elementary School 74

  • 1601 E 10th St

  • 0.82 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,707. Most Indianapolis, IN residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis462011027 N Rural St

This home is located at 1027 N Rural St in Indianapolis, IN and zip code 46201 in the South Brookside neighborhood. This home, which was built in 1920, sits on a 0.14 acre lot. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $155,000.

In November 2024, from all listings sold in Indianapolis, IN there were more than 170 sold above asking price, over 429 sold below and more than 231 were sold right at the asked price. Between October 2024 and November 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 5.8%. In November 2024 median list price was $248,146 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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