Just Listed
Address
4721 N Capitol Avenue, Indianapolis, IN
Price
$ 350,000
Property Attributes
  • MLS#22126644
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaWashington
  • NeighborhoodButler Tarkington
  • Zip46208
  • StyleCraftsman
  • Year Built1912
  • Taxes$ 9180
  • Price$ 350,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3969
  • Lot Size0.25 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Incredible curb appeal, a large lot and a fantastic Butler-Tarkington location make this an exciting opportunity for a builder, remodeler or investor looking for their next project. This distinctive American Craftsman Bungalow has the architectural character that is increasingly difficult to recreate, including a welcoming front porch with substantial battered brick piers, deep roof overhangs, classic brick and wood siding, and multi-pane windows. The home is ready for someone with vision to bring it back to life and create a beautiful, updated residence while preserving the character that makes it special. The generous lot adds to the appeal and provides plenty of room to reimagine the property for today's buyer. Butler-Tarkington is a high-demand location for buyers who value historic character, established neighborhoods and convenient access to some of Indianapolis' most popular amenities. Located just minutes from Butler University, the shops and restaurants around 56th Street and Illinois, the Central Canal Towpath, Holcomb Gardens, Broad Ripple and downtown Indianapolis, this established neighborhood offers an ideal combination of historic charm and convenient access to everything the city has to offer. For the right buyer, this is a chance to take a property with great bones, exceptional curb appeal and a desirable location and turn it into something truly special. Property is being sold AS-IS. Buyer to independently verify all information, dimensions, zoning, permitted uses, renovation requirements and feasibility. Seller prefers buyer to pay for their own buyer's agency representation.

Price History
9/21/2026 Listed $350,000

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Negotiable
Appliances Dishwasher,Gas Oven,Refrigerator
Garage Spaces 2
Patio/Porch Features Covered,Deck
Architectural Style Craftsman
Construction Materials Brick
Year Built 1912
Electric 100 Amp Service
Township Washington
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Butler Tarkington
Facing Direction West
Garage Y/N Yes
Total Rooms 9
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 11021
Property Attached Y/N No
Current Financing Cash Only
Property Condition Fixer
Additional Parcels Y/N No
Standard Status Active
Tax Lot 39
Legal Description Arthur V Brown's West Meridian Heights Add L39& 5Ft E & Adj

Interior Features

Interior Amenities Attic Access,Wood Work Stained
Basement Unfinished
Basement (Y/N) Yes
Laundry Features In Basement
Total Bedrooms 3
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Fencing Partial
Parking Features Detached
Lot Features Curbs,Sidewalks,Street Lights
Water Source Public
Foundation Details Block
Spa No
Building Area Total 3969
Lot Size Acres 0.25
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46208

Price
AVG $250K
$350K
Taxes
AVG $3,021
$9,180
Year Built
AVG 1937
1912

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