Skip main navigation
Off market
  • $325,200

    4040 Rookwood Ave, Indianapolis, IN 46208

    5beds
    2,100sqft
    MultiFamily
    Built in 1999
    -- sqft lot
    $325,200 Zestimate®
    $155/sqft
    $1,754 Estimated rent

    Home value

    $325,200

    $302,000 - $348,000

    $1,754/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,754/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,754/mo

    Rent Zestimate®

    Refinance and save

    $2,175/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,175/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Butler-Tarkington multifamily sits on a double corner lot so all units have their own private entrances. Property will need some work, but still a great opportunity to live in or rent one unit while you renovate the others. Each of the main level units are about 1,050 sqft with 2 beds, 1 bath and attached garages. All units have their own laundry area. Basement has many possibilities since it offers about 2,100 sqft, 4 rooms, 1.5 baths, laundry, kitchen and living room. All utilities are separately metered except for the water/sewer which is one meter. Located within the Opportunity Zone.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Heat pump
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,100 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl, Brick
    Lot
    • Size: 9,375 Square Feet
    Details
    • Parcel number: 490614125126000801

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1999

    Community & HOA

    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $155/sqft
    • Tax assessed value: $385,000
    • Annual tax amount: $4,707

    Price history

    DateEventPrice
    6/29/2023Sold$269,500-10.1%
    Source: IRMLS #202315119 Report a problem
    6/3/2023Pending sale$299,900$143/sqft
    Source: MIBOR as distributed by MLS GRID #21920093 Report a problem
    5/10/2023Listed for sale$299,900-9.1%
    Source: IRMLS #202315119 Report a problem
    3/21/2023Listing removed--
    Source: Owner Report a problem
    2/25/2023Price change$329,900-5.7%$157/sqft
    Source: Owner Report a problem
    2/13/2023Listed for sale$349,900+0.3%$167/sqft
    Source: Owner Report a problem
    1/24/2023Listing removed--
    Source: Owner Report a problem
    10/26/2022Price change$349,000-6.9%$166/sqft
    Source: Owner Report a problem
    9/5/2022Listed for sale$375,000+284.6%$179/sqft
    Source: Owner Report a problem
    4/9/2018Sold$97,500+80.6%$46/sqft
    Source: Public Record Report a problem
    2/14/2018Sold$54,000+20%$26/sqft
    Source: Public Record Report a problem
    4/19/2011Sold$45,000+87.5%$21/sqft
    Source: Public Record Report a problem
    3/17/2011Sold$24,000-85%$11/sqft
    Source: Public Record Report a problem
    1/16/2011Listed for sale--
    Source: Williams & Williams Worldwide Real Estate Auction Report a problem
    1/17/2003Sold$160,500$76/sqft
    Source: MIBOR as distributed by MLS GRID #2251614 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,707 -42.1%$385,000 +18.5%
    2024$8,131 +11.7%$324,800 -5.3%
    2023$7,281 +28%$342,800 +11.2%
    2022$5,687 +16.4%$308,400 +25.1%
    2021$4,886 +7.1%$246,500 +16.8%
    2020$4,561 +4.7%$211,000 +9.2%
    2019$4,357 +7.5%$193,200 +5.6%
    2018$4,053 -2%$182,900 -4.2%
    2017$4,136 +6.1%$190,900 -1.3%
    2016$3,898 +1.4%$193,500 +8.6%
    2014$3,846 +128.1%$178,100 +8.1%
    2013$1,686 $164,700 +25.5%
    2011-- $131,200
    2010$1,352 -5.2%$131,200 -3.5%
    2009$1,427 $136,000 -4.6%
    2007-- $142,500 +11.7%
    2005-- $127,600
    2004-- $127,600
    2003-- $127,600 +26.1%
    2002-- $101,200 +4788.9%
    2001-- $2,070
    Find assessor info on the county website

    Neighborhood: Butler-Tarkington

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $325,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $325,200