416 N Rural Street
Indianapolis, IN 46201
- – beds
- – baths
- – sqft
- 5,837 sqft lot
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!
Last checked:
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Last updated Feb 5, 2025
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MLS# 22020670 —
The Building
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New Construction:false
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Development Status:Not Applicable
Location
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Directions:GPS Friendly
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Latitude:39.773305
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Longitude:-86.116772
The Property
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View:true
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Property Type:Land
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Property Subtype:Residential Lots
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Parcel Number:491005104011000101
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Acres:<1/4 Acre
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# of Lots:2
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Lot Size Acres:0.13
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Lot Size SqFt:5,837 Sqft
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Price Per Acre:846154
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Type:Undeveloped
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Divisible:Yes
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Zoning:D8
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Present Zoning:Multi-Fam
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Topography:Other
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Land Characteristics:City
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Horse Amenities:None
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Soil Type:Not Applic
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Road Access:Frontage Road
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Road Frontage Type:City Street
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Road Surface Type:Concrete
Listing Agent
- Contact info:
- Agent phone:
- (317) 989-5613
- Office phone:
- (317) 686-0612
Taxes
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Tax Lot:101
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Tax Year:2023
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Semi Annual Property Tax Amt:261
Utilities
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Water:Municipal Water on Site
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Sewer:Municipal Sewer On Site
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:F W & W Scheeles East Mich St Add
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Facilities On:Electric,Gas,Sewer,Water
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Facilities Near:Cable
Extra Units
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Other Structures:See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/5/25
Feb 5, 2025
|
Listed / Active | MIBOR | $110,000 | 96.4% (13.5% / YR) |
|
12/18/17
Dec 18, 2017
|
MIBOR | $56,000 |
