$5,688

closing credit¹

1126 N Rural St Indianapolis, IN 46201

$479,000
0.1 acres
Multi-Family

Property details

About 1126 N Rural St

Charming Tri-Plex Multi-Unit Property - A Smart Investment Opportunity! Discover the potential of this spacious and meticulously maintained tri-plex, perfect for investors or homeowners looking to generate rental income. The front unit boasts an expansive two-level layout with 3 bedrooms and 3 bathrooms, providing significant living space. The two back units are cozy 1-bedroom apts, each featuring a bedroom, kitchen, and bath, with private access from the rear parking area. New fenced-in area provides additional privacy as well as great outdoor entertainment space for tenants. The entire property has been thoughtfully updated inside and out. Freshly painted interiors offer a bright and welcoming ambiance, while modern upgrades throughout ensure it's move-in ready. The new exterior siding enhances curb appeal, making it attractive to tenants and visitors alike. Whether you're an investor seeking a high-demand rental property, a multi-family homeowner, or someone looking to offset living expenses, this property is a perfect fit. Its prime location, low-maintenance updates, and income-generating potential make it a rare find in today's market.

Highlights

Home typeTriplex
HeatingBaseboard, Electric, Forced Air
StatusActive
BasementYes
Lot size0.12 Acres
Year built1920
MLS #22015337

Virtual tour

Summary

  • MLS Number: 22015337
  • MLS Name: MIBOR
  • Office Name: CENTURY 21 Scheetz
  • Office Email: chas@c21scheetz.com
  • Listing Agent: Chas Schaffernoth

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

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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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Last updated on: 1/17/2025, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a balcony and a front yard

$479,000

1126 N Rural St

$5,688

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2020$60,600$1,254
2019$53,600$1,238
2018$47,800$1,086
2017$46,200$1,035

History based on county public records data.

Nearby schools

3

Brookside Elementary School 54

Public District KG-6

0.3 mi

3150 E 10th St

4

Thomas D. Gregg Elementary School 15

Public District PK-6

0.6 mi

2302 E Michigan St

4

Theodore Potter Magnet Elementary School 74

Public District KG-6

0.8 mi

1601 E 10th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,211. The majority of Indianapolis, IN residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

63%
<35k
31%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

65%
Single, No Kids
16%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
45%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Burger KingBurger King

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1126 N Rural St in Indianapolis, IN and zip code 46201 in the Springdale neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $479,000.

Indianapolis, IN housing market in December 2024 saw over 140 listings sold above listed price, more than 233 sold at listed price and over 493 sold below. In December 2024 in Indianapolis, IN there were 10.1% less homes for sale than in November. The median list price of listings available in December 2024 was $249,280, while the average time on the real estate market was 41 days.

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

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