For Sale130d on marketHistoric · 106 yrs
230 N Rural St
Indianapolis, IN, 46201 • Near Eastside • Marion County
$279,999
-$7,900 since Mar 10, 2026
Down payment assistance available
6Beds
2Baths
0.11 acLot
1920Built
Property DNA
Character Home
Built 1920 · 106 years of history
Hubbard & Thornton
Near Eastside
This home is getting attention
Listed 130 days ago · 576 views · 46 saves
Market activity
Demand and pricing signals for this listing
576 views
People checking out this listing
46 saves
Buyers have saved this home
130 days on market
Established listing
About this home
Multi Family · Built 1920 · Historic
Turnkey, vacant duplex in the rapidly revitalizing Near Eastside (46201) - ideal for house hackers or investors. Each spacious unit offers 2 bedrooms and 1 bathroom, currently renting at $1,300 per side with strong potential for increased rents through light cosmetic updates. Live in one unit and offset your mortgage with rental income, or place tenants immediately and start generating cash flow. The property is vacant and move-in ready, allowing for easy showings, immediate occupancy, or quick tenant placement. Separate living spaces provide flexibility for owner-occupants, FHA buyers, or long-term investors. Located minutes from downtown Indianapolis, Bottleworks District, Mass Ave, and major redevelopment projects, this property sits in a high-demand rental corridor with continued neighborhood growth. Clean condition with solid bones - updates could unlock market rents of $1,350-$1,450+ per unit. Seller offering incentives (see agent for details). Whether you're looking to build wealth through house hacking or add a solid duplex to your portfolio, this is an opportunity you don't want to miss.
Standout features identified
Our analysis highlights spacious unit, separate living spaces, and welcoming porch as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,754/month
Principal & Interest$1,380
Property Tax$280
Insurance$93
Down payment20% ($56,000)
3%50%
Est. 6.26% rate · 30yr fixed · $223,999 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
HeatingForced Air
ParkingNo Data
Days on Zillow130 Days
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
Year built1920
Systems
HeatingForced Air
ConstructionWood Siding
Parking & Outdoor
BasementInterior Entry
Lot4,791 sqft
Location & Tax
NeighborhoodNear Eastside
Annual tax$3,820
Parcel491005222002000101
Features & details
5 categories of property features
Interior Features
Heating
Forced Air
Laundry
Other
Exterior Features
Construction
Wood Siding
Lot Features
Other
Security
Smoke Detector(s)
Listing insights
Market data and value estimates
StatusFor Sale
Days on market130
Tax rate0.96%
On marketNov 29, 2025
PostedNov 29, 2025
Last sold$252,000
MLS statusActive
MLS updatedMar 10, 2026
Tour days9
Views576
Favorites46
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46201
Price history
10 events
DateEventPrice$/sqftSource
Mar 10, 2026Price Change$279,999—MIBOR as distributed by MLS GRID
Jan 15, 2026Price Change$287,899—MIBOR as distributed by MLS GRID
Nov 29, 2025Listed For Sale$289,999—MIBOR as distributed by MLS GRID
Aug 1, 2022Sold$252,000—Public Record
Jan 31, 2020Listing Removed$750—Green Light Property Management Indiana
Jan 24, 2020Listed For Rent$750—Green Light Property Management Indiana
Apr 17, 2019Sold$35,000—Public Record
Feb 14, 2018Sold$15,000—Public Record
Feb 18, 2010Sold$8,000—Public Record
Nov 28, 2007Sold$37,400—Public Record
Price Change$279,999
Mar 10, 2026•MIBOR as distributed by MLS GRID
Price Change$287,899
Jan 15, 2026•MIBOR as distributed by MLS GRID
Listed For Sale$289,999
Nov 29, 2025•MIBOR as distributed by MLS GRID
Sold$252,000
Aug 1, 2022•Public Record
Listing Removed$750
Jan 31, 2020•Green Light Property Management Indiana
Listed For Rent$750
Jan 24, 2020•Green Light Property Management Indiana
Sold$35,000
Apr 17, 2019•Public Record
Sold$15,000
Feb 14, 2018•Public Record
Sold$8,000
Feb 18, 2010•Public Record
Sold$37,400
Nov 28, 2007•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$3,447$318,800
Apr 9, 2023$3,288$290,600
Apr 9, 2022$4,701$274,900
Apr 9, 2021$4,956$203,800
Apr 9, 2020—$214,000
Apr 9, 2019$253$32,800
Apr 9, 2018$615$32,100
Apr 9, 2017$406$30,800
Apr 9, 2016$208$28,100
Apr 9, 2014$194$26,500
Apr 9, 2013$193$26,500
Apr 9, 2012$193$21,700
Apr 9, 2011—$15,600
Apr 9, 2010$329$15,600
Apr 9, 2009$337$15,600
Apr 9, 2007—$8,900
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 18:28:03 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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