See Home Value
$110,562*
House - Off Market

413 South Rural Street

Indianapolis, IN 46201
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2094 Sqft
$95,000 - $115,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold Feb 24, 2022
$105,000
$84,000 by Lima One Capital Llc
Mortgage Due Mar 01, 2052
Sold May 01, 2018
$42,000
$25,000
Mortgage

About This Property

Welcome to a converted 3 bed 1.5 home located on Rural St! This home is currently rented and is a perfect pick up for a new or seasoned investor. Some updates include adding a 3rd bedroom upstairs with its own designated half bath, new flooring, paint, new concrete sidewalk on the side of the home, new furnace as well as an exterior heat pump. There is a large concrete pad located in the back of the home to allow for private parking. Reach out for more information today!

The manager has listed the unit size as 2094 square feet.
Unit Size
2,094Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$50
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Feb 24, 2022 No longer available -
No longer available
Feb 24, 2022 Sold $105,000
Sold
Jan 27, 2022 In contract -
In contract
Dec 30, 2021 Relisted $105,000
Relisted
Dec 6, 2021 Listed $105,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 683
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,449
  • Gross Building Area: 3,449
  • Building Area: 2,766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST PARK ADD SEC A
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FOREST PARK ADD SEC A L4 B1

Ownership

  • Current Owner : INDY INVEST 3 LLC
  • Previous Owner : KINGDOM SEEKER INVESTMENTS LLC
  • Owner Before Previous Owner: PERSON TROY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-B4
  • District: 0001
  • Section: 8015004
  • Parcel: 49-10-08-135-021.000-101
  • Lot: 4
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7612
  • Longitude: -86.1161

    Address

  • Full Address: 413 S Rural St
  • Address - House Number: 413
  • Street Direction: S
  • Address - Street Name: Rural
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C036
  • 4-Digit Zip Code: 4357
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,128
  • Tax Year: 2022
  • Tax Amount: $1,818
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 137,847
  • High Value: 171,734
  • Low Value: 103,960

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Loan Amount: $84,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $76,600
  • Market Land Value: $7,200
  • Market Improvement Value: $69,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,600
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $69,400

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Transaction ID: 11880333522
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23517
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 25, 2018
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Mortgage Transaction Date: Feb 24, 2022
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: May 01, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
1 Bed
1 Bath
-
$113,000 Jun 10, 1995
$113,000 Aug 9, 1996
$273/mo
House
3 Beds
1 Bath
1,440 ft²
$62/ft²
$89,900 Jan 24, 2024
-
-
House
3 Beds
1 Bath
1,104 ft²
$104/ft²
$115,000 Oct 4, 2023
-
-
House
4 Beds
2 Baths
1,892 ft²
$48/ft²
$91,000 Jan 11, 2024
-
-
House
4 Beds
1.5 Baths
1,277 ft²
$94/ft²
$120,000 Nov 4, 2023
-
-
House
2 Beds
1 Bath
672 ft²
$164/ft²
$110,000 Nov 27, 2023
-
-

About Near Southeast


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Nearby Rentals



Frequently Asked Questions

When was property at 413 South Rural Street built and last sold?
The property at 413 South Rural Street was built in 1900 and last sold on Feb 17, 2022 for $105,000.
How much is this home worth?
The estimated value of the home located at 413 South Rural Street is $118,989.
What are some comparable homes to 413 South Rural Street?
There are currently no comparable homes to 413 South Rural Street.

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