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!
Sold
$80,000
416 N Rural St, Indianapolis, IN 46201
--beds
--baths
0.3Acres
Unimproved Land, Residential Lots
Built in ----
0.3 Acres Lot
$114,000 Zestimate®
$--/sqft
$1,057 Estimated rent
Home value
$114,000
$87,000 - $149,000
$1,057/mo
Zestimate® history
Owner options
List your home for rent
$1,057/mo
Rent Zestimate®
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$1,057/mo
Rent Zestimate®
Refinance and save
$402/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$402/mo
Est. payment
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List your homeWhat's special
Zoned for multi-family developmentAmple space
Zillow last checked:
Listing updated:
Listed by:
Sarah Fishburn 317-989-5613,
F.C. Tucker Company,
Brandon Fishburn 317-445-5189
Bought with:
Sarah Fishburn
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22020670
Facts & features
Property
Lot
- Size: 0.3 Acres
- Features: City
- Topography: Other
Details
- Additional structures: See Remarks
- Parcel number: 491005104011000101
- Zoning: D8
- Zoning description: Multi-Fam
- Special conditions: As Is
- Horse amenities: None
Utilities & green energy
- Sewer: Municipal Sewer On Site
- Water: Municipal Water on Site
Community & HOA
Community
- Subdivision: F W & W Scheeles East Mich St Add
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $91,700
- Annual tax amount: $522
- Date on market: 2/5/2025
- Cumulative days on market: 93 days
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2025 | Sold | $80,000-11.1% |
Source:  MIBOR as distributed by MLS GRID #22020670 Report a problem | ||
| 5/8/2025 | Pending sale | $90,000 |
Source: MIBOR as distributed by MLS GRID #22020670 Report a problem | ||
| 3/28/2025 | Price change | $90,000-18.2% |
Source: MIBOR as distributed by MLS GRID #22020670 Report a problem | ||
| 2/5/2025 | Listed for sale | $110,000+96.4% |
Source: MIBOR as distributed by MLS GRID #22020670 Report a problem | ||
| 12/18/2017 | Sold | $56,000-6.7% |
Source: MIBOR as distributed by MLS GRID #21523593 Report a problem | ||
| 11/30/2017 | Pending sale | $60,000 |
Source: MIBOR REALTOR Association #21523593 Report a problem | ||
| 11/6/2017 | Listed for sale | $60,000 |
Source: MIBOR REALTOR Association #21523593 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,891 +262.4% | $91,700 +15.1% |
| 2024 | $522 -1.7% | $79,700 +3% |
| 2023 | $531 +25.2% | $77,400 +6.5% |
| 2022 | $424 +6.9% | $72,700 +33.2% |
| 2021 | $397 +57.1% | $54,600 +7.3% |
| 2020 | $252 +8.3% | $50,900 +60.1% |
| 2019 | $233 +21.6% | $31,800 +10.8% |
| 2018 | $192 -60.4% | $28,700 +32.9% |
| 2017 | $485 +10.8% | $21,600 +10.2% |
| 2016 | $437 +8.7% | $19,600 +5.9% |
| 2014 | $402 +28.7% | $18,500 +25.9% |
| 2013 | $313 | $14,700 +6.5% |
| 2012 | $313 | $13,800 +10.4% |
| 2011 | -- | $12,500 |
| 2010 | $263 -2.3% | $12,500 |
| 2009 | $269 | $12,500 -7.4% |
| 2007 | -- | $13,500 -55.3% |
| 2006 | -- | $30,200 +28% |
| 2005 | -- | $23,600 |
| 2004 | -- | $23,600 |
| 2003 | -- | $23,600 +61.6% |
| 2002 | -- | $14,600 +198% |
| 2001 | -- | $4,900 |
| 2000 | -- | $4,900 |
Find assessor info on the county website
Neighborhood: Near Eastside
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Nearby schools
GreatSchools rating
- 4/10Thomas D. Gregg School 15Grades: PK-5Distance: 0.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1 mi
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 416 N Rural St
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