USAINIndianapolisTopps Garden Place3114 N Capitol Ave
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$320,000

For Sale

2 months ago

3114 N Capitol Ave, Indianapolis, IN

House

MLS® 22110740

4 Bed

4 Bath

2724 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2724 sqft
Garage 
Taxes 
Days Active 47
Lot Size 0.12 Acres
Approx. Age 1986
Avg. Price Per Sqft $117
MLS® Number 22110740

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. Walk through the spacious front porch to arrive into the expansive foyer; where the whole home invites you in. The upstairs hosts the bedrooms and laundry, while the main level serves a perfect home for entertainment, formal dining, and preparing meals. Designed for versatility, this home features a layout that allows the upstairs and basement to be fully separated, creating an opportunity for an ADU or in-law suite. 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. 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. 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. Book your showing today and we look forward to calling this home yours!
MLS® Number22110740
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1986
BasementApartment, Egress Window(s), Exterior Entry, Finished, Finished Walls, Interior Entry
Driveway
Garage Spaces
HeatNatural Gas
A/CCentral Air

Extras

Rooms

Change to metres

Bedroom 4:Basement12 × 15 ft
Great Room:Basement32 × 14 ft
Other:Upper Level16 × 15 ft
Bedroom 2:Upper Level13 × 13 ft
Kitchen:Main Floor14 × 12 ft
Bedroom 3:Upper Level12 × 15 ft
Living Room:Basement20 × 13 ft
Dining Room:Main Floor18 × 15 ft
Other:Main Floor16 × 15 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$320,000List 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: $294,000 and $333,000.
Similar properties in this area sold on average for: $294,127
Expected to sell in 24 days. Similar properties sold in 71 days. This home has been on eXp Realty for 47 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.

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3114 N Capitol Ave, Indianapolis, IN

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