3114 N Capitol Avenue, Indianapolis, IN 46208
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
3114 N Capitol Avenue,Indianapolis, IN 46208
$339,900
- 4 Beds
- 4 Baths
- 2,724 sq. ft.
- Single family
- Pending
Listed by: alexander moore
Office: full canopy real estate, llc.
MLS#:22075964
Source:IN_MIBOR
Price summary
- Price:$339,900
- Price per sq. ft.:$124.78
About this home
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!
Contact an agent
Home facts
- Year built:1986
- Listing ID #:22075964
- Added:70 day(s) ago
- Updated:February 17, 2026 at 08:28 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:2,724 sq. ft.
Heating and cooling
- Cooling:Central Electric
Structure and exterior
- Year built:1986
- Building area:2,724 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public Water
Finances and disclosures
- Price:$339,900
- Price per sq. ft.:$124.78
New listings near 3114 N Capitol Avenue
- New
$232,000Active3 beds 1 baths1,356 sq. ft.44 Iris Avenue, Indianapolis, IN 46241
MLS# 22084159Listed by: DYER CREEK PROPERTY GROUP, LLC - New
$395,000Active3 beds 3 baths1,662 sq. ft.5506 Hollister Drive, Speedway, IN 46224
MLS# 22084107Listed by: DUBOIS REALTY CO., INC. - New
$209,900Active3 beds 2 baths1,834 sq. ft.4402 Lesley Avenue, Indianapolis, IN 46226
MLS# 22083561Listed by: ENTERA REALTY - New
$189,900Active3 beds 1 baths1,626 sq. ft.4918 N Katherine Drive, Indianapolis, IN 46226
MLS# 22083579Listed by: ENTERA REALTY - New
$214,900Active3 beds 1 baths1,282 sq. ft.5508 Armstrong Drive, Indianapolis, IN 46237
MLS# 22083596Listed by: ENTERA REALTY - New
$130,000Active0.1 Acres1125 Newman Street, Indianapolis, IN 46201
MLS# 22084293Listed by: ROGER WEBB REAL ESTATE, INC - New
$275,000Active3 beds 2 baths1,595 sq. ft.5914 Cabot Drive, Indianapolis, IN 46221
MLS# 22084359Listed by: THE POINT IN REAL ESTATE LLC - New
$150,000Active2 beds 1 baths1,248 sq. ft.2014 Wallace Avenue, Indianapolis, IN 46218
MLS# 22073938Listed by: KELLER WILLIAMS INDPLS METRO N - New
$300,000Active2 beds 2 baths1,446 sq. ft.1423 Shadow Ridge Road, Carmel, IN 46280
MLS# 22084286Listed by: EXP REALTY, LLC - New
$399,000Active3 beds 3 baths1,740 sq. ft.2945 N New Jersey Street, Indianapolis, IN 46205
MLS# 22084340Listed by: THREE SEVENTEEN COLLECTIVE