3850 N Capitol Avenue
Indianapolis, IN 46208
- – beds
- – baths
- – sqft
- 5,401 sqft lot
- 1925 build
Welcome to this stunning, "nearly new" duplex nestled in the heart of the highly desirable Butler-Tarkington neighborhood-just minutes from Butler University, the Indianapolis Art Center, and blocks from Melody Inn Bar, Tea's Me Cafe, and Tarkington Park. This massive duplex was taken down to the studs in late 2022 and thoughtfully rehabbed for low maintenance living. Each side features 3 generously sized bedrooms and 1.5 updated bathrooms. The units features durable luxury vinyl plank flooring, beautifully renovated kitchens, and bathrooms with tiled showers. Each unit is equipped with its own washer and dryer for added convenience, and private, fenced-in backyards provide a peaceful outdoor escape. Major systems including the roof, electrical, plumbing, HVAC, water heaters, and appliances are approx 3 years old, making this a true low-maintenance investment. The property is fully leased, with Unit 3850 bringing in $1,750/month through 6/30/25, and Unit 3848 currently under-rented at $1,395/month through 9/1/26, offering upside potential. The next showing window on 04/22 from 11:00-12:00pm. Stop by any time during that window. Listing photos were taken prior to last tenant move-ins.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 14, 2025
•
MLS# 22031324 —
The Building
-
Year Built:1925
-
New Construction:false
-
Levels:Two
-
Roof:Shingle
-
Basement:true
-
Basement:Unfinished
-
Foundation Details:Block
-
Green Certification:No
Interior
-
Laundry Features:Connections All
Location
-
Directions:GPS Friendly
-
Latitude:39.826246
-
Longitude:-86.161854
The Property
-
View:true
-
Property Type:Residential Income
-
Property Subtype:Duplex
-
Parcel Number:490614124159000801
-
Acres:<1/4 Acre
-
Lot Size Acres:0.12
-
Lot Size SqFt:5,401 Sqft
-
Price Per Acre:3332500
-
View:false
-
Waterfront:false
-
Current Use:See Remarks
-
Road Access:See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (270) 300-8509
- Office phone:
- (260) 385-8550
Taxes
-
Tax Lot:9008976
-
Tax Year:2024
-
Semi Annual Property Tax Amt:2197
Heating & Cooling
-
Heating:Heat Pump
Utilities
-
Building Utilities:Municipal Storm Connected
-
Solid Waste:No
Schools
-
High School District:Indianapolis Public Schools
The Community
-
Subdivision Name:Butler Tarkington
Parking
-
Parking:Guest Parking,Unpaved
-
Parking Features:Detached, Gravel
Extra Units
-
# of Units Total:2
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 |
|---|---|---|---|---|
|
4/7/25
Apr 7, 2025
|
Listed / Active | MIBOR | $399,900 | 60.0% (22.8% / YR) |
|
8/19/22
Aug 19, 2022
|
MIBOR | $250,000 | 0.0% | |
|
8/15/22
Aug 15, 2022
|
MIBOR | $249,900 |
