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4202 N Capitol Ave, Indianapolis, IN, 46208

5beds
5baths
4,374sqft
$464,900
$106price/sqft
$3,915/moest. monthly cost
$156,600/yrincome needed

About This Home

**Historic Charm Meets Modern Comfort in the Heart of Butler-Tarkington!** Looking for a home with personality? Welcome to **4202 N. Capitol Ave.**-where timeless character and thoughtful updates come together in one of Indianapolis' most sought-after neighborhoods. Located in the historic **Butler-Tarkington** area, you're just minutes from **Downtown Indianapolis**, **Broad Ripple**, parks, dining, shopping, and entertainment, making it easy to enjoy everything the city has to offer. This spacious **5-bedroom, 3.5-bath** home offers plenty of room to spread out while showcasing the craftsmanship that makes historic homes so special. Beautiful **hardwood floors** flow throughout much of the home, while the inviting living room is anchored by a stunning **brick fireplace** that's ready for cozy evenings (hot chocolate is optional, but highly recommended). The main level features a generous dining room, an updated kitchen with a **gas range, pantry, and abundant cabinet space**, plus **two bedrooms** and a bright **sunroom** that's perfect for your morning coffee, home office, or favorite reading spot. Upstairs you'll find **three additional bedrooms**, spacious bathrooms, and enough closet space to finally stop playing seasonal closet Tetris. Need even more room? The **partially finished basement** offers endless possibilities for a home gym, hobby room, game room, workshop, or extra storage. An **attached garage** and a beautiful **corner lot** add even more convenience and curb appeal. Historic homes this spacious, in this location, don't come along often. If you've been searching for a home with character, modern functionality, and a neighborhood you'll love coming home to, this one checks all the boxes. Come see why **4202 N. Capitol Ave.** might just be the home you've been waiting for-before someone else falls in love with it first!

Getting Around

62
WalkingSomewhat Walkable
32
TransitSome Transit
60
BikeBikeable

Schools

3/10
4/10
Cold Spring SchoolGrades K-82.3 mi
2/10
Shortridge High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1917

Materials

  • Foundation: Block
  • Construction materials: Cement Siding,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,Gas Water Heater,Electric Oven,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Partially Finished

Bedroom2

  • Level: Main
  • Area: 130
  • Dimensions: 13x10

Bedroom3

  • Level: Upper
  • Area: 143
  • Dimensions: 13x11

Bedroom4

  • Level: Upper
  • Area: 88
  • Dimensions: 11x8

Bedroom5

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Features

  • Attic Access,Double Vanity,Breakfast Bar,Hardwood Floors,High Speed Internet,Eat-in Kitchen,Pantry
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 568

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,374
  • Total interior livable area: 4,374 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 170
  • Dimensions: 17x10

Living Room

  • Level: Main
  • Area: 280
  • Dimensions: 20x14

Master Bedroom

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Sun Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 104
  • Dimensions: 13x8

Property

Details

  • Parcel number: 490614117018000801
  • Special condition: Corporate Owned
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 1
  • Parking features: Attached
  • 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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $2,350$28,200
Home Insurance *$356$4,272
Property Taxes $809$9,708
Electricity $400$4,811
Total$3,915$46,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,228/yr
40% on housing$117,450/yr
45% on housing$104,400/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$106This listing

vs Other Active Listings

Avg $/sqft

ZIP 46208$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46208$118
Marion County$131

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

DateEventPrice
2026-07-16Listed for sale$464,900
2021-09-09Sold$292,000
2021-06-29Sold$292,000
2021-06-11Pending sale$319,900
2021-05-24Price change$319,900
2021-05-07Listed for sale$329,900
2015-12-18Listing removed$267,000
2015-09-03Price change$267,000
2015-08-19Price change$268,000
2015-08-07Price change$269,000
2015-03-12Price change$270,000
2015-01-06Listed for sale$275,000
2014-09-11Listing removed$287,500
2014-06-18Price change$287,500
2014-03-11Listed for sale$300,000
2006-06-27Sold$250,000

For Sale by Agent

AgentAndrew Prince
BrokerageCENTURY 21 Scheetz

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