3030 N Capitol Avenue
Indianapolis, IN, 46208 $ 399,900
Bedrooms8 Baths4.1 Sq 4,705 Monthly Estimate*
$ 2,762
for $399,900 with 8 bedrooms and 4 full baths, 1 half bath. This 4,705 square foot home was built in 1905 on a lot size of 0.12.
Opportunity is knocking at 3030 N Capitol Ave! This spacious 8-bedroom single-family home offers an incredible amount of space, flexibility, and income potential in a location that puts you just minutes from Newfields and Butler University. Recently rented for $3,500/month, this property has already demonstrated strong rental potential-and with eight bedrooms, the possibilities become even more interesting. The generous room sizes allow for multiple beds in many of the bedrooms, making this property especially well-suited for an investor exploring a room-by-room rental strategy, co-living opportunity, or other creative income-producing use. Inside, the home feels even larger than you might expect thanks to extra-tall ceilings and an abundance of space throughout. Whether you're looking for a property to add to your portfolio, a house with room for a large household, or a home with the flexibility to create additional income, there is plenty here to work with. Outside, you'll find a private backyard, a fenced-in front yard, and one of the home's standout features-a partial wrap-around covered front porch that adds tons of character and creates the perfect spot to sit, relax, and enjoy the neighborhood. And then there's the location. Minutes from Newfields, Butler University, restaurants, shopping, parks, and all that the vibrant west side of Indianapolis has to offer, this is a location that continues to attract students, professionals, families, and investors alike. Eight bedrooms. A proven $3,500/month rental history. Flexible living space. A fantastic location. The opportunity here is real-you just have to decide what you want to do with it.
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FeaturesInteriorInterior Amenities Entrance Foyer Hi-Speed Internet Availbl Eat-in Kitchen
Basement Full Storage Space Unfinished
Total Fireplaces 1
Fireplace Features Living Room
Basement (Y/N) Y
Half Baths 1
Laundry Features Connections All Main Level
Total Bedrooms 8
Below Grade Finished Area 0
Main Level Bedrooms 3
Total Baths 5
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GeneralHeating Forced Air
Cooling Central Air
Possession Closing
Appliances Electric Oven Refrigerator
Garage Spaces 2
Patio/Porch Features Covered Wrap Around
Architectural Style Tudor
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1905
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Hyde Park
Garage Y/N Y
Total Rooms 11
Full Baths 4
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5401
Property Attached Y/N N
Current Financing Conventional
Additional Parcels Y/N N
Standard Status Active
Tax Lot 40
Legal Description Hyde Park L40
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ExteriorFencing Fence Complete Front Yard Gate
Parking Features Detached
Lot Features Access City Lot Sidewalks Mature Trees
Water Source Public
Foundation Details Crawl Space
Spa N
Building Area Total 4705
Lot Size Acres 0.12
Waterfront Y/N N
Horse Amenities None
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* Excluded FeaturesList Byrealtor@taylorthomasrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,762
- Monthly Property Taxes
- $383
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Indianapolis, IN
Average List Price $314,758
Percent of Sale Price 21%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $399,900 | -4.79% | Price Down |
| 9/10/2026 | $420,000 | | Listed Price |