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Listed price in listed location currency (USD).
$320,000

440

MLS® 22110740

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2724 sqft
Garage 
Taxes 
Days Active 96
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

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

Price History

Last Sold Price

$160,000$160K

Appreciation

--

Avg. Days Listed

55 days

Today, For Sale for $320,000

For Sale · 97 days

$320,000

MLS® 22110740

3 months ago

Not Sold Yet

July 2026, For Sale for $320,000

For Sale · 97 days

$320,000

MLS® 22110740

3 months ago

Not Sold Yet

September 2025, Sold for $160,000

Front
Sold · 55 days

$160,000$199,999

MLS® 22052351

A year ago

Sold on Sep 16, 2025

Home Estimate Zoopraisal®

This property is estimated to sell between: $302,000 and $329,000.
Similar properties in this area sold on average for: $302,790
Expected to sell very soon! Similar properties sold in 73 days. This home has been on Zoocasa for 96 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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