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Listed price in listed location currency (USD).
$339,900

440

MLS® 22075964

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2724 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.12 acres
Approx. Age 1986
Avg. Price Per Sqft $124
MLS® Number 22075964

Property Address: 3114 N Capitol Ave, Indianapolis, IN, 46208-4626

Average square foot calculated using Size range provided by listing agent.

Description

Crafted by Mad River Homes, one of Indianapolis' respected renovation and building specialists, this north-side Downtown property blends quality, flexibility, and investment potential in a highly desirable location. Just minutes from Butler University, Broad Ripple, Mass Ave, the Indianapolis Children's Museum, Eskenazi Hospital, Methodist Hospital, and IU Indianapolis, it offers immediate access to major educational, medical, and cultural anchors. Designed for versatility, the home features a layout that allows the upstairs and downstairs to be fully separated, creating the opportunity for an ADU or in-law suite in the basement. This configuration is ideal for a house-hack strategy, multi-generational living, or generating income from two distinct spaces. As an Airbnb, the upper unit could produce up to $3, 500 per month and the lower unit up to $2, 000. As a long-term rental, projected rents are approximately $2, 000 upstairs and $1, 000 downstairs. Mad River Homes also offers customization options tailored to your needs, including adding a garage, building a porch, or installing a full kitchen in the basement to create two independent units. Perfect for entertaining, income generation, or providing separate living quarters, this property also qualifies for grant programs offering 0% down, no PMI, and a $5, 000 credit toward closing costs.
MLS® Number22075964
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1986
BasementEgress Window(s), Exterior Entry, Finished Walls, Roughed In
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Dining Room:Main Floor18 × 15 ft
Bedroom 4:Basement20 × 14 ft
Other:Upper Level16 × 15 ft
Bedroom 3:Upper Level11 × 15 ft
Kitchen:Main Floor14 × 12 ft
Living Room:Basement32 × 14 ft
Office:Basement12 × 15 ft
Other:Main Floor16 × 15 ft
Bedroom 2:Upper Level13 × 13 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 8, 2025List Date
$339,900List Price
Sep 16, 2025End Date
$160,000Sold Price

Sold

Jul 23, 2025List Date
$199,999List Price

Home Appraisal

This property is estimated to sell between: $339,000 and $388,000.
Similar properties in this area sold on average for: $371,625
Expected to sell in 106 days. Similar properties sold in 106 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
3114 N Capitol Ave, Indianapolis, IN

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