Build your vision on this level, rectangular 0.12-acre lot at 540 S Rural St: a clean, ready-to-go infill opportunity on Indianapolis' Near Eastside. A home previously stood on the site, so the parcel is ready-to-go for a new build. Build to sell, build and hold as a rental, or build your own home! The residential zoning and efficient lot shape keep site planning simple and help make build costs more predictable. The surrounding Near Eastside continues to see reinvestment and new construction, and the location offers quick access to I-70, I-65, Fountain Square, and downtown, all just minutes away. Buyer to verify zoning, utilities, and permitting with the City of Indianapolis.
Active
$35,000
540 S Rural St, Indianapolis, IN 46203
--beds
--baths
5,227Square Feet
Unimproved Land, Residential Lots
Built in ----
5,227 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Efficient lot shape
- 5 days
- 37
- 2
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Evan Deal evan.deal@exprealty.com,
eXp Realty, LLC,
Jocelyn Deal 317-777-1367,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22132821
Facts & features
Property
Lot
- Size: 5,227 Square Feet
- Features: City Lot, Sidewalks, City, Mature Trees, Rectangle
- Topography: Level
Details
- Parcel number: 491008132110000101
- Zoning: ZO01
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $59,900
- Annual tax amount: $680
- Date on market: 10/22/2026
- Cumulative days on market: 6 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Listed for sale | $35,000+57.1% |
Source:  MIBOR as distributed by MLS GRID #22132821 Report a problem | ||
| 2/9/2026 | Sold | $22,278 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $359 +6.2% | $59,900 +14.1% |
| 2024 | $339 -2.3% | $52,500 +1.2% |
| 2023 | $347 +11.2% | $51,900 +6.4% |
| 2022 | $312 +16.6% | $48,800 +18.4% |
| 2021 | $267 +20% | $41,200 +16.1% |
| 2020 | $223 +1.3% | $35,500 +22% |
| 2019 | $220 -0.8% | $29,100 +4.3% |
| 2018 | $222 -39.1% | $27,900 +1.8% |
| 2017 | $364 +71.1% | $27,400 +1.5% |
| 2016 | $212 -3.1% | $27,000 -10% |
| 2014 | $219 -19.3% | $30,000 +4.2% |
| 2013 | $272 | $28,800 -11.4% |
| 2012 | $272 | $32,500 +2.5% |
| 2011 | -- | $31,700 |
| 2010 | $247 +11.4% | $31,700 |
| 2009 | $222 | $31,700 -12.4% |
| 2007 | -- | $36,200 +14.6% |
| 2006 | -- | $31,600 +3.3% |
| 2005 | -- | $30,600 |
| 2004 | -- | $30,600 |
| 2003 | -- | $30,600 +87.7% |
| 2002 | -- | $16,300 +241.7% |
| 2001 | -- | $4,770 |
| 2000 | -- | $4,770 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Christian Park
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