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Listing provided courtesy of Highgarden Real EstateMLS# MBR22089941MLS Provider
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An excellent turn key opportunity in Butler-Tarkington, just steps from Tarkington Park and minutes from Butler University.This duplex features two large 3 bedroom, 1 bath units with refreshed interiors, updated lighting, and bright, open living spaces. The layout in each unit offers strong functionality and consistent rental demand in this prime location. Situated near Downtown Indianapolis and Broad Ripple, the property benefits from one of the city's most desirable and convenient corridors. Both sides are currently leased, providing immediate cash flow. This is great addition to any investment portfolio in a proven rental market.

Source: MIBOR, MLS#: MBR22089941

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  • Property Type
    Residential Income
  • Lot
    0.14 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3960 N Illinois Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/19/2026Source: MIBOR Added to Database
March 19, 2026
6/27/2025Source: MIBOR Status Change
Sold
4/12/2025Source: MIBOR Status Change
Pending
3/31/2025Source: MIBOR Price Reduction
$412,000 -1.4%
2/27/2025Source: MIBOR Added to Database
February 27, 2025