Sheldon Barnes
For Sale — 4203 N Capitol Avenue, Indianapolis, IN 462084203 N Capitol Avenue
Indianapolis, Indiana 46208
Nutz's Capitol Ave Add
2
Beds
1
Baths
1,089
Sq Ft
1930
Year Built
0.24
Acres
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ABOUT THIS HOME
Opportunity knocks with this well-maintained duplex offering two spacious units, each featuring 2 bedrooms and 1 full bathroom. Whether you're looking to expand your investment portfolio or live in one side while generating income from the other, this property provides flexibility and strong potential. Each unit offers a functional layout with comfortable living spaces and access to its own unfinished basement-perfect for storage, future expansion, or added value opportunities. A detached 2-car garage provides additional convenience for parking or extra storage. With separate living areas and solid rental appeal, this duplex is a smart addition for both seasoned investors and owner-occupants alike.
Key things to know
- Two independent rental units
- Hardwood floors
- Unfinished basements in each unit
- Detached 2-car garage
- Separate entrances
Monthly payment
Estimate · $379,000
$2,364/mo
≈ $2,017 principal & interest · $347 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $75,800 on a loan of $303,200.
Price history
- Price reduced$389,000 → $379,000
Apr 22, 2026
- Listedat $389,000
Apr 9, 2026
Recent comparable sales
$122,350
1311 W 33rd Street
3bd · 1ba · 1,262 sqft
Sold May 2026
$270,000
4137 Rookwood Avenue
2bd · 1ba · 1,008 sqft
Sold May 2026
$144,250
1065 36th Street
2bd · 1ba · 1,114 sqft
Sold Apr 2026
$130,000
4235 Rookwood Avenue
2bd · 2ba · 1,073 sqft
Sold Apr 2026
$159,900
419 Berkley Road
3bd · 1ba · 925 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 163% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$389,000Listed· Apr 9, 2026
$379,000Reduced
↓ $10,000 (2.6% off original)
14 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.4 mi
- Monon Trail (Carmel)9.0 mi
- Carmel Central Park9.2 mi
- Carmel High School9.7 mi
- Zionsville Community HS10.1 mi
- IU Health North Hospital10.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,089 sq ft
Year Built
1930
Stories
One
Subdivision
Nutz's Capitol Ave Add
Bedrooms
2
Bathrooms
1 full
Garage
2 spaces
School District
Indianapolis Public Schools