4215 Rookwood Ave Indianapolis, IN 46208

3 beds · 2 baths · 2,262 sq ft · Lot Size: 8,799 sq ft · Single Family Home · Butler - Tarkington
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4215 Rookwood Ave is in the Butler - Tarkington neighborhood of Indianapolis, IN. It is located in Marion County and ZIP code 46208. This Single Family Home was built in 1910 and is approximately 115 years old. The single family home spans 2262 sq ft with 3 bedrooms and 2 bathrooms and sits on a 8799 sq ft lot. The Butler - Tarkington area of Indianapolis has 1550 residential homes. Analyze and compare real estate investment strategies for properties like this home at 4215 Rookwood Ave Indianapolis, IN 46208 with Property Intel by Whitepages.

Investment Potential for 4215 Rookwood Ave

The property has a current estimated value of $366,968, which is 6% above the neighborhood median. Projected long-term rental income is $27,000 annually ($2,250 per month) with a 73% occupancy rate.

Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
73%in 46208 zip code
 
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Owners & Occupancy for 4215 Rookwood Ave

This property is owned by Marie E Smith. Owner contact information includes 5 phone numbers and 5 email addresses.

Property Owners

Cell Phone(281) ***-****
Residence***********
Landline(317) 283-8716+ 3 more
Distance from Property**********
Email Address************@yahoo.com

Property Ownership Information

Property Tax Amount$194 in 2023

Occupancy

Resident 1*************** age 50
Resident 2************** age 79
Resident 3************** age 79

Property Details for 4215 Rookwood Ave

Property Details

Property Sq Ft

Living Area

2,262 sq ft

Compare to Butler - Tarkington

Price Per Sq Ft

Living Area

$162 / sq ft

Compare to Butler - Tarkington

Lot Size Area

$42 / sq ft

Compare to Butler - Tarkington
Property condition, age, exterior, etc. for 4215 Rookw…
Longitude: -86.167119 Latitude: 39.832576 Parcel Number (APN): 49-06-14-114-016.000-801…
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Market Benchmarks

Compare data for 4215 Rookwood Ave in Marion County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$366,968
$209,089
$157,879 (76%)
$310,205
$208,789 (67%)
YoY Price Change
3.01%
358%
Year Built
1910
1972
-62 years
Living Space
2,262 sq ft
1,582 sq ft
680 (43%)
$ Per Living Sq Ft
$162
$136
$26 (19%)
Lot Size
8,799 sq ft
12,807 sq ft
-4008 (-31%)
$ Per Lot Sq Ft
$42
$19
$22 (117%)

Net Operating Income
$14,155
$6,371 (45%)
Annual Revenue
$27,000
$19,800
$7,200 (36%)
$5,253
$1,221 (23%)
Net Operating Income
$14,155
$6,371 (45%)
Cap Rate
6.3%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians