1116 N Rural Street, Indianapolis, IN 46201

$244,999 Asking Price

3 beds
2 baths
1,142  sqft
Built in 1920

Great opportunity to purchase a cash flowing 3 bedroom property. Tenant is paying 1500 per month. Lease End Date is 01/31/2025. Newer roof, siding, windows, HVAC, plumbing, electrical, flooring, bathrooms, cabinets, etc. Open and spacious kitchen. Bathrooms feature beautiful tile work on floors and in shower/tub areas. The First-floor master suite has a private bath. The backyard has an 8ft privacy fence. Stainless steel appliances are included in the sale. Note; the 2nd & 3rd bedrooms are on the 2nd level. The BLC listing would not allow this selection. This one won't last long! Subject to tenant rights. 48-hour minimum notice is required for all showing. ABSOLUTELY NO EXCEPTIONS. Seller requires 24-hour minimum response time for all offers.

Features & Amenities

Interior

General:
Hardwood Floors
Appliances:
None, Electric Water Heater
Laundry:
Connections All
A/C:
Central Electric
Heating:
Forced Air, Electric
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican
Parking:
None

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Vajens Springdale Add N1/2 L84, 490732111076000101

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Berkshire Hathaway Home, Todd Burton

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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