Endless Potential in Butler-Tarkington! Located just minutes from Butler University, this as-is fixer-upper sits on two separate lots, including a desirable corner lot-perfect for investors, builders, or visionaries looking to create something special. Each lot is available individually for $50,000 or together as a package. Renovate the existing home, build new, or develop both parcels to suit your needs. Nestled in the sought-after Butler-Tarkington neighborhood, you'll enjoy proximity to Canal Towpath trails, Holcomb Gardens, Newfields, local coffee shops, and popular dining spots. With strong community vibes and convenient access to downtown Indianapolis, this is a rare opportunity to capitalize on location, lot size, and potential.
Sold
$189,900
3949 Rookwood Ave, Indianapolis, IN 46208
4beds
5,182sqft
Residential, Single Family Residence
Built in 1915
5,227.2 Square Feet Lot
$255,000 Zestimate®
$37/sqft
$2,482 Estimated rent
Home value
$255,000
$199,000 - $319,000
$2,482/mo
Zestimate® history
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Owner options
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$2,482/mo
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$1,228/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 02, 2025 at 06:35am
Listing Provided by:
Hayley Wild 317-405-7915,
Compass Indiana, LLC
Bought with:
Sean Carney
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22048097
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Upper
- Area: 256 Square Feet
- Dimensions: 16x16
Bedroom 2
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 3
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 4
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Dining room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Foyer
- Level: Main
- Area: 152 Square Feet
- Dimensions: 19x8
Kitchen
- Level: Main
- Area: 209 Square Feet
- Dimensions: 19x11
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: None, Gas Water Heater, Water Heater
Features
- Walk-In Closet(s), Hardwood Floors, Vaulted Ceiling(s)
- Flooring: Hardwood
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room, Masonry
Interior area
- Total structure area: 5,182
- Total interior livable area: 5,182 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two,One and One Half
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,227 sqft
- Features: Corner Lot
Details
- Parcel number: 490614106010000801
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Fesslers Sub
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2025 | Sold | $189,900$37/sqft |
Source:  MIBOR as distributed by MLS GRID #22048097 Report a problem | ||
| 7/4/2025 | Listed for sale | $189,900-21.5%$37/sqft |
Source: MIBOR as distributed by MLS GRID #22048097 Report a problem | ||
| 4/16/2024 | Sold | $242,000-6.9%$47/sqft |
Source: MIBOR as distributed by MLS GRID #21970688 Report a problem | ||
| 3/26/2024 | Pending sale | $260,000-8.8%$50/sqft |
Source: MIBOR as distributed by MLS GRID #21970688 Report a problem | ||
| 10/27/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21932337 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,703 +13.7% | $240,700 -14.8% |
| 2023 | $5,895 +173.6% | $282,600 +13.2% |
| 2022 | $2,155 +3% | $249,700 +32.9% |
Find assessor info on the county website
Neighborhood: Butler-Tarkington
Nearby schools
GreatSchools rating
- 3/10James Whitcomb Riley School 43Grades: PK-8Distance: 0.3 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.9 mi
- 5/10IPS/Butler University Laboratory School 60Grades: PK-8Distance: 1 mi
Get a cash offer in 3 minutes
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Estimated market value
$255,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$255,000
- Indiana
- Marion County
- Indianapolis
- 46208
- Butler-Tarkington
- 3949 Rookwood Ave