2038 Ruckle St Indianapolis, IN 46202
Near Northside NeighborhoodEstimated payment $6,410/month
Highlights
- Guest House
- Craftsman Architecture
- 3 Car Detached Garage
- City View
- Balcony
- 4-minute walk to Martin Luther King Memorial Park
About This Home
This striking Modern Craftsman dual-residence property at 2036 & 2038 Ruckle St offers a premier "house-hack" or high-performance portfolio addition in one of Indianapolis's most rapidly appreciating urban core neighborhoods. The main structure features two meticulously designed, modern townhomes, each boasting a versatile 3-level layout with 3 bedrooms and 3.5 bathrooms, including a fully finished basement with a dedicated family room, bedroom and a full bathroom. Each side greets residents with an expansive covered front porch leading into a seamless, contemporary interior highlighted by gourmet kitchens, premium finishes, and outdoor living spaces including rear patios and upper-level balconies. Elevating the investment potential is the massive detached garage topped by a fully-appointed, 1-bedroom carriage house providing approximately 780 sq ft of additional high-end living space-perfect for a sophisticated short-term rental or a private guest retreat. The entire home is currently generating $4,698/month (excluding the carriage house) with a projected pro-forma potential of $6,847/month. Situated just steps from the Kennedy-King Park, local breweries, and downtown amenities, this turn-key property delivers a rare blend of architectural prestige and exceptional cash-flow potential in a coveted historic-adjacent district.
Listing Agent
Trueblood Real Estate Brokerage Email: mina@truebloodre.com License #RB18001932 Listed on: 03/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,754
Year Built
- Built in 2016
Parking
- 3 Car Detached Garage
- Alley Access
Property Views
- City
- Neighborhood
Home Design
- Duplex
- Craftsman Architecture
- Contemporary Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 7 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Finished Basement
- Basement Fills Entire Space Under The House
- 9 Foot Basement Ceiling Height
- Sump Pump
- Basement Storage
- Basement Window Egress
Schools
- James Russell Lowell School 51 Elementary School
- Arlington Community Middle School
- George Washington High School
Additional Features
- Balcony
- 5,400 Sq Ft Lot
- Guest House
- Forced Air Heating and Cooling System
Community Details
- Turners Subdivision
Listing and Financial Details
- The owner pays for lawncare, taxes, trash collection
- Tax Lot 3
- Assessor Parcel Number 490636187004000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,646 | $761,700 | $68,500 | $693,200 |
| 2024 | $17,467 | $743,600 | $68,500 | $675,100 |
| 2023 | $17,467 | $731,900 | $68,500 | $663,400 |
| 2022 | $17,859 | $709,300 | $68,500 | $640,800 |
| 2021 | $15,424 | $664,200 | $20,600 | $643,600 |
| 2020 | $14,609 | $626,600 | $20,600 | $606,000 |
| 2019 | $12,996 | $546,400 | $20,600 | $525,800 |
| 2018 | $11,597 | $480,300 | $20,600 | $459,700 |
| 2017 | $4,372 | $198,000 | $20,600 | $177,400 |
| 2016 | $538 | $20,600 | $20,600 | $0 |
| 2014 | $646 | $22,100 | $22,100 | $0 |
| 2013 | $653 | $22,100 | $22,100 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | Price Changed | $929,900 | -0.5% | -- |
| 03/09/2026 03/09/26 | For Sale | $935,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Crane Title Llc | |
| Warranty Deed | -- | Best Title Services | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22088215
APN: 49-06-36-187-004.000-101
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.