For Sale20d on marketHistoric · 100 yrs
3960 N Illinois St
Indianapolis, IN, 46208 • Butler-Tarkington • Marion County
$399,999
Down payment assistance available
6Beds
2Baths
0.14 acLot
1926Built
Property DNA
Character Home
Built 1926 · 100 years of history
Lattas North Illinois St
Butler-Tarkington
This home is getting attention
Listed 20 days ago · 1,022 views · 53 saves
Market activity
Demand and pricing signals for this listing
1,022 views
People checking out this listing
53 saves
Buyers have saved this home
20 days on market
Recently listed
Selling Soon Prediction
HighThis home ranks in the top 27% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1926 · Historic
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.
Standout features identified
Our analysis highlights refreshed interiors, bright open living spaces, and updated lighting as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,505/month
Principal & Interest$1,972
Property Tax$400
Insurance$133
Down payment20% ($80,000)
3%50%
Est. 6.26% rate · 30yr fixed · $319,999 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1926
ParkingConcrete
Days on Zillow20 Days
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
ConditionUpdated/Remodeled
Year built1926
Parking & Outdoor
ParkingConcrete
Lot6,098 sqft
Location & Tax
NeighborhoodButler-Tarkington
Annual tax$8,794
Parcel490614156021000801
Features & details
1 category of property features
Exterior Features
Parking
Concrete
Listing insights
Market data and value estimates
StatusFor Sale
Days on market20
Tax rate0.96%
On marketMar 19, 2026
PostedMar 19, 2026
Last sold$390,000
MLS statusActive
MLS updatedMar 21, 2026
Tour days9
Views1,022
Favorites53
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46208
Price history
22 events
DateEventPrice$/sqftSource
Mar 19, 2026Listed For Sale$399,999—MIBOR as distributed by MLS GRID
Jun 26, 2025Sold$390,000—MIBOR as distributed by MLS GRID
Apr 12, 2025Pending Sale$412,000—MIBOR as distributed by MLS GRID
Mar 31, 2025Price Change$412,000—MIBOR as distributed by MLS GRID
Feb 27, 2025Listed For Sale$418,000—MIBOR as distributed by MLS GRID
Oct 6, 2024Listing Removed$415,000—MIBOR as distributed by MLS GRID
Oct 4, 2024Price Change$418,000—MIBOR as distributed by MLS GRID
Sep 17, 2024Price Change$422,500—MIBOR as distributed by MLS GRID
Sep 13, 2024Listing Removed$1,575—Zillow Rentals
Aug 22, 2024Listed For Sale$425,000—MIBOR as distributed by MLS GRID
Jul 27, 2024Price Change$1,600—Zillow Rentals
Jul 10, 2024Price Change$1,625—Zillow Rentals
Jun 8, 2024Listed For Rent$1,650—Zillow Rentals
Apr 29, 2023Listing Removed——Zillow Rentals
Apr 24, 2023Price Change$1,500—Zillow Rentals
Mar 23, 2023Listed For Rent$1,525—Zillow Rentals
Feb 22, 2023Listing Removed——Zillow Rentals
Feb 3, 2023Price Change$1,525—Zillow Rentals
Jan 5, 2023Sold$357,500—Public Record
Jan 4, 2023Listed For Rent$1,550—Zillow Rentals
Oct 14, 2022Sold$181,000—Public Record
Apr 26, 2010Sold$20,001—Public Record
Listed For Sale$399,999
Mar 19, 2026•MIBOR as distributed by MLS GRID
Sold$390,000
Jun 26, 2025•MIBOR as distributed by MLS GRID
Pending Sale$412,000
Apr 12, 2025•MIBOR as distributed by MLS GRID
Price Change$412,000
Mar 31, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$418,000
Feb 27, 2025•MIBOR as distributed by MLS GRID
Listing Removed$415,000
Oct 6, 2024•MIBOR as distributed by MLS GRID
Price Change$418,000
Oct 4, 2024•MIBOR as distributed by MLS GRID
Price Change$422,500
Sep 17, 2024•MIBOR as distributed by MLS GRID
Listing Removed$1,575
Sep 13, 2024•Zillow Rentals
Listed For Sale$425,000
Aug 22, 2024•MIBOR as distributed by MLS GRID
Price Change$1,600
Jul 27, 2024•Zillow Rentals
Price Change$1,625
Jul 10, 2024•Zillow Rentals
Listed For Rent$1,650
Jun 8, 2024•Zillow Rentals
Listing Removed—
Apr 29, 2023•Zillow Rentals
Price Change$1,500
Apr 24, 2023•Zillow Rentals
Listed For Rent$1,525
Mar 23, 2023•Zillow Rentals
Listing Removed—
Feb 22, 2023•Zillow Rentals
Price Change$1,525
Feb 3, 2023•Zillow Rentals
Sold$357,500
Jan 5, 2023•Public Record
Listed For Rent$1,550
Jan 4, 2023•Zillow Rentals
Sold$181,000
Oct 14, 2022•Public Record
Sold$20,001
Apr 26, 2010•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$7,095$370,600
Apr 9, 2023$2,526$299,100
Apr 9, 2022$2,263$107,000
Apr 9, 2021$2,272$98,100
Apr 9, 2020$2,276$98,100
Apr 9, 2019$929$96,400
Apr 9, 2018$1,611$39,000
Apr 9, 2017$786$38,300
Apr 9, 2016$707$33,500
Apr 9, 2014$659$30,500
Apr 9, 2013$1,371$30,500
Apr 9, 2012$1,371$61,100
Apr 9, 2011—$71,500
Apr 9, 2010$2,682$129,000
Apr 9, 2009$2,824$132,500
Apr 9, 2007—$142,000
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 19:58:06 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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