IN > Indianapolis > Topps Garden Place
Indianapolis, IN 46208,3114 N Capitol AVE
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Indianapolis, IN 46208,3114 N Capitol AVE
Indianapolis, IN 46208,3114 N Capitol AVE
Indianapolis, IN 46208,3114 N Capitol AVE
Indianapolis, IN 46208,3114 N Capitol AVE
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Randy Worrell

Randy Worrell

+1(317) 590-5709
Listed by Alexander Moore • FULL CANOPY REAL ESTATE, LLC
$ 339,900
Est. payment /mo
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Active

3114 N Capitol AVE Indianapolis, IN 46208

4 Beds

4 Baths

2,724 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,724 sqft

Price per Sqft $124

Subdivision Topps Garden Place

MLS Listing ID 22075964

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1986

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Property 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. 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.

Location

State IN

County Marion

Rooms

Basement Egress Window(s), Exterior Entry, Finished Walls, Roughed In

Interior

Interior Features Breakfast Bar, Kitchen Island, Entrance Foyer, In-Law Arrangement, Eat-in Kitchen, Walk-In Closet(s)

Heating Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Y

Appliance Electric Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator

Building

Story Three Or More

Foundation Block

Water Public

Architectural Style Craftsman

Structure Type Cement Siding

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
Randy Worrell

Randy Worrell

Broker

+1(317) 590-5709

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3114 N Capitol AVE