NEW 10 HRS AGO
For sale
$35,000
Est. $266/mo
Land
•
5,401
sq ft (lot)

540 S Rural St, Indianapolis, IN 46203

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About this home

Vacant landProperty Type
5,401 sq ftLot Size
$6Price/Sq.Ft.
Listed by Evan Deal • eXp Realty, LLC
Listed by Jocelyn Deal • eXp Realty, LLC
Listing updated:
Redfin checked: a minute ago
•Source:MIBOR as Distributed by MLS Grid #22132821
10 hours on Redfin • 11 views

Payment calculator

$266 per month

Principal and interest$193
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($7,000)
Home price
$35,000
Loan details
30-yr fixed, 7.38%

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Around this home

Schools

William McKinley School 39

Public PreK-5 • Assigned • 0.7mi

6/10
Arsenal Technical High School

Public 9-12 • Assigned • 1.5mi

2/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

540 S Rural St · $35,000
DAYS ON MARKET
1 days
The average home goes pending in 29 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
LIST PRICE
$35,000
Median sale price in this area is $254,474. (627% higher than this home)
PRICE DROP
0 price drops
34% of homes in this area have had a price drop in the past month.

Property details

  • Exterior features
  • Level terrain
  • Mature trees
  • City lot
  • Sidewalks
  • City street frontage
  • Asphalt road
  • Home design
  • Land
  • Residential lot
  • Utilities
  • Public sewer
  • Municipal water nearby

Sale and tax history for 540 S Rural St

Public record

Beds
2
Baths
—
Stories
1
Lot width
40 ft.
Lot depth
135 ft.
Lot size
5,401 Sq. Ft.
Year renovated
1973
Finished Sq. Ft.
720
Unfinished Sq. Ft.
—
Total Sq. Ft.
720
Year built
1951
Style
Single Family Residential
County
Marion County
APN
491008132110000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46203
Average low and high temperatures (°F)
32
19
42
27
61
40
68
49
72
55
83
67
87
72
82
66
81
61
70
51
54
40
42
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

89/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs
5 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 540 S Rural St

We cannot show automated home-value estimates for this home. 
 

Nearby homes have recently sold between $50,000 and $136,000.

Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $50K to $136K.

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Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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