4840 N Capitol Ave, Indianapolis, IN, 46208
About This Home
Discover a captivating single-family residence at 4840 N Capitol AVE, INDIANAPOLIS, IN, a charming 1922 build in great condition offering 1287 square feet of refined living. This attractive ranch-style property presents a unique opportunity for sophisticated living, blending classic appeal with modern comforts. The kitchen is designed for both culinary exploration and effortless entertaining, featuring a practical G-shaped layout with a convenient peninsula. Equipped with sleek stainless steel appliances and a built-in microwave, it offers a functional and appealing space for daily life. The bathroom provides a rejuvenating experience with its walk-in shower, designed for comfort and ease. With two inviting bedrooms and a total of one full and one half bathroom, this single-story home offers a comfortable and manageable layout. The private yard provides a serene outdoor retreat, perfect for relaxation or intimate gatherings. This property offers a harmonious blend of style and practicality, inviting you to experience elevated living.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1922
Materials
- Foundation: Block
- Construction materials: Brick,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Disposal,Microwave,Electric Oven,Refrigerator
Basement
- Has basement: Yes
Bedroom2
- Level: Main
- Area: 121
- Dimensions: 11x11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 132
- Dimensions: 12x11
Features
- Entrance Foyer,Hardwood Floors
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 492
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,779
- Total interior livable area: 1,779 sqft
Kitchen
- Level: Main
- Area: 88
- Dimensions: 11x8
Living Room
- Level: Main
- Area: 476
- Dimensions: 34x14
Master Bedroom
- Level: Main
- Area: 143
- Dimensions: 13x11
Property
Details
- Parcel number: 490611106012000801
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Lot size: 9,583 sqft
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $287 | $3,444 |
| Property Taxes | $739 | $8,868 |
| Electricity | $184 | $2,212 |
| Total | $3,106 | $37,272 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $375,000 |
| 2026-06-30 | Price change | $399,999 |
| 2026-06-15 | Listed for sale | $425,000 |
| 2024-08-17 | Listing removed | -- |
| 2024-08-14 | Listed for sale | $425,000 |
| 2024-05-20 | Listing removed | -- |
| 2024-05-16 | Listed for sale | $425,000 |
| 2022-11-10 | Sold | $337,500 |
| 2022-09-23 | Pending sale | $350,000 |
| 2022-09-07 | Price change | $350,000 |
| 2022-08-15 | Price change | $365,000 |
| 2022-07-21 | Price change | $375,000 |
| 2022-06-30 | Listed for sale | $385,000 |
| 2018-08-30 | Sold | $255,000 |
| 2018-07-16 | Pending sale | $250,000 |
| 2018-07-13 | Listed for sale | $250,000 |
| 2014-04-29 | Sold | $225,000 |
| 2014-01-24 | Listed for sale | $225,000 |
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