ATTENTION INVESTORS: Duplex opportunity in the sought-after Butler-Tarkington neighborhood on a large corner lot! This property lives like a single-family home with private entrances on each corner. Located near Butler University, Crown Hill Park, and a handful of other restaurants. One unit is currently leased at $950/month through 08/31/26, while the second unit is vacant and move-in ready; perfect for the next house hacker or new tenant! Rentometer estimates market rent around $1,200/month.
Pending
$225,000
4002 Rookwood Ave, Indianapolis, IN 46208
4beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large corner lot
- 34 days |
- 526 |
- 37 |
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 10:59am
Listing Provided by:
Morgan Thompson 270-300-8509,
Berkley & State, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22081397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Heat Pump
Cooling
- Window Unit(s)
Appliances
- Laundry: Connections All
Features
- Has basement: Yes
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
- Details: Unit Parking(Covered, Other)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: 490614125075000801
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: Butler Tarkington
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $190,500
- Annual tax amount: $4,520
- Date on market: 1/23/2026
- Cumulative days on market: 34 days
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Pending sale | $225,000 |
Source:  MIBOR as distributed by MLS GRID #22081397 Report a problem | ||
| 1/23/2026 | Listed for sale | $225,000+50% |
Source: MIBOR as distributed by MLS GRID #22081397 Report a problem | ||
| 11/22/2021 | Sold | $150,000-4.5% |
Source: MIBOR as distributed by MLS GRID #21812706 Report a problem | ||
| 9/17/2021 | Pending sale | $157,000-85.7% |
Source: MIBOR as distributed by MLS GRID #21812706 Report a problem | ||
| 8/29/2019 | Listing removed | $850 |
Source: Moudy & Co. Report a problem | ||
| 8/14/2019 | Listed for rent | $850+24.1% |
Source: Moudy & Co. Report a problem | ||
| 10/17/2018 | Listing removed | $1,100,000 |
Source: Keller Williams Indianapolis Metro North #21569575 Report a problem | ||
| 7/16/2018 | Pending sale | $1,100,000 |
Source: Keller Williams Indianapolis Metro North #21569575 Report a problem | ||
| 5/25/2018 | Listed for sale | $1,100,000+3233.3% |
Source: Keller Williams Indpls Metro N #21569575 Report a problem | ||
| 5/10/2017 | Listing removed | $685 |
Source: USI Property Management Report a problem | ||
| 3/27/2017 | Listed for rent | $685+19.1% |
Source: USI Property Management Report a problem | ||
| 2/22/2016 | Listing removed | $575 |
Source: USI Property Management Report a problem | ||
| 2/3/2016 | Listed for rent | $575 |
Source: USI Property Management Report a problem | ||
| 12/24/2015 | Listing removed | $575 |
Source: USI Property Management Report a problem | ||
| 12/23/2015 | Price change | $575-16.1% |
Source: USI Property Management Report a problem | ||
| 11/19/2015 | Listed for rent | $685-1.4% |
Source: USI Property Management Report a problem | ||
| 10/6/2012 | Listing removed | $695 |
Source: Owner Report a problem | ||
| 8/7/2012 | Listed for rent | $695 |
Source: Owner Report a problem | ||
| 12/30/2010 | Sold | $33,000-33.9% |
Source: MIBOR as distributed by MLS GRID #21057818 Report a problem | ||
| 11/21/2010 | Listed for sale | $49,900 |
Source: Prudential Real Estate #21057818 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,975 +10.2% | $190,500 -9.1% |
| 2023 | $4,515 +21.7% | $209,500 +9.7% |
| 2022 | $3,710 +8.8% | $191,000 +19.1% |
| 2021 | $3,410 +8.5% | $160,400 +9.2% |
| 2020 | $3,142 +7.1% | $146,900 +10.6% |
| 2019 | $2,933 +6.8% | $132,800 +8.1% |
| 2018 | $2,745 -34.1% | $122,800 -3.7% |
| 2017 | $4,164 +61.3% | $127,500 |
| 2016 | $2,582 +3.3% | $127,500 +10.6% |
| 2014 | $2,500 +35.8% | $115,300 +6.8% |
| 2013 | $1,841 | $108,000 -16.1% |
| 2012 | $1,841 | $128,800 +14.7% |
| 2011 | -- | $112,300 +23.5% |
| 2010 | $1,244 -11.5% | $90,900 -12.5% |
| 2009 | $1,405 | $103,900 +9.9% |
| 2007 | -- | $94,500 -34.9% |
| 2006 | -- | $145,200 +137.6% |
| 2005 | -- | $61,100 |
| 2004 | -- | $61,100 |
| 2003 | -- | $61,100 +74.1% |
| 2002 | -- | $35,100 +200% |
| 2001 | -- | $11,700 |
| 2000 | -- | $11,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,245/mo
Principal & interest
$1065
Property taxes
$180
Climate risks
Neighborhood: Butler-Tarkington
Nearby schools
GreatSchools rating
- 3/10James Whitcomb Riley School 43Grades: PK-8Distance: 0.4 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1 mi
- 5/10IPS/Butler University Laboratory School 60Grades: PK-8Distance: 1.1 mi
Local experts in 46208
