Key facts
- Lot
- 0.12 acres
- Type
- Land · Residential Lots
- MLS #
- 22132821
- County
- Marion
- Subdivision
- No Subdivision
About this home
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.
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Lot features
- Zoning
- ZO01
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $680 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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