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
- Active
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. 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.
Contact an agent
Home facts
- Year built:1986
- Listing ID #:22075964
- Added:3 day(s) ago
- Updated:December 12, 2025 at 02:35 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
$350,000Active3 beds 2 baths1,970 sq. ft.1549 Harlan Street, Indianapolis, IN 46203
MLS# 22075373Listed by: JANKO REALTY GROUP - New
$270,000Active3 beds 2 baths1,722 sq. ft.8122 Amarillo Drive, Indianapolis, IN 46237
MLS# 22076072Listed by: @PROPERTIES - New
$306,000Active4 beds 3 baths2,732 sq. ft.5431 Hammock Glen Drive, Indianapolis, IN 46235
MLS# 22076108Listed by: WILSON TRUST REALTY LLC - New
$247,500Active3 beds 2 baths1,126 sq. ft.5839 Prairie Meadow Drive, Indianapolis, IN 46221
MLS# 22076476Listed by: RED OAK REAL ESTATE GROUP - New
$825,000Active3 beds 2 baths1,950 sq. ft.2814-2830 Ruckle Street, Indianapolis, IN 46205
MLS# 22076578Listed by: CARPENTER, REALTORS - New
$264,900Active3 beds 2 baths1,218 sq. ft.611 E 30th Street, Indianapolis, IN 46205
MLS# 22053569Listed by: CENTURY 21 SCHEETZ - New
$239,900Active4 beds 2 baths2,376 sq. ft.3845 N Irvington Avenue, Indianapolis, IN 46226
MLS# 22075489Listed by: F.C. TUCKER COMPANY - New
$228,000Active2 beds 2 baths1,026 sq. ft.8212 Crook Drive N, Indianapolis, IN 46256
MLS# 22075678Listed by: EXP REALTY, LLC - New
$330,000Active3 beds 2 baths1,484 sq. ft.1119 E Cragmont Drive, Indianapolis, IN 46227
MLS# 22076329Listed by: MY AGENT - New
$195,000Active3 beds 2 baths1,811 sq. ft.8240 E 12th Street, Indianapolis, IN 46219
MLS# 22076473Listed by: INDIANA REALTY PROS, INC.