$10,000 Closing Credit¹
#22013587, Nicholas Bush, Listing office: My Agent
$1,500,000 List price
3959 Central Ave Indianapolis, IN 46205
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 3959 Central Ave
Extraordinary live/work opportunity in Meridian Kessler! Rarely do unique properties like this come available in this sought-after space, and this one is impressive. This three-story building with a finished lower level offers both residential and commercial uses. A special use variance allows for many commercial opportunities - a full list is included in the attachments. The main level commercial space offers 5 Offices / 2 Conference Rooms / 2 Half Baths. The second floor commercial space is complete with expansive 56x28 foot room with loads of natural light and complete with kitchen, storage, and bathroom. The third floor is the primary apartment, which underwent a complete renovation in 2014. This space honors the building's 1915 heritage with original oak paneled walls, vaulted and beamed ceilings, and incredible style. The apartment offers two bedrooms and two fully renovated full baths. The kitchen is stunning with large center island, leathered granite, and ample storage. This beautiful kitchen opens to an extraordinary great room with vaulted ceilings and gas fire place. The unit boasts a nearly 40 foot covered deck further expanding the home's footprint and providing additional entertaining space. Finally the basement of the building offers another apartment renovated in 2020 and offering exceptional style and space. There are so many exceptional details and opportunities inside this historic building, its hard to detail - you'll simply have to see it to understand is magnitude.
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
Lot size0.23 Acres
Year built1915
MLS #22043901
Summary
- Heating: Forced Air
- List Price: $1,500,000
- Annual Tax Amount: $16,403
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1915
- Lot Size: 0.23 Acres
- MLS Number: 22043901
- MLS Name: MIBOR
- Office Name: F.C. Tucker Company
- Office Email: mmcl@talktotucker.com
- Listing Agent: Matt McLaughlin
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 6/9/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
3959 Central Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $667,300 | $16,403 |
| 2021 | $460,800 | $12,289 |
History based on county public records data.
Nearby schools
4
Louis B Russell Jr School 48
Public Charter KG-6
0.6 mi
•3445 Central Ave
3
Kipp Indy Unite Elementary School
Public Charter KG-5
1.6 mi
•1740 E 30th St
2
Tindley Genesis Academy
Public Charter KG-6
1.8 mi
•4020 Meadows Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,667. Residents of Indianapolis, IN typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
38%
<35k
17%
35k-100k
36%
100k-200k
9%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
8%
Single, with Kids
23%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
49%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Minor League Baseball Games
Major League Soccer (MLS)
Where do the neighbors shop?
Chico's
New York & Company
Banana Republic
Where do the neighbors go to eat?
Boston Market
Chick-fil-A
Sonic
What do the neighbors drive?
Volvo
Kia
Infiniti
What do the neighbors listen to?
Talk/Personality
Urban Contemporary
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3959 Central Ave
The listing price of 3959 Central Ave property is $1,500,000.
The property 3959 Central Ave is a multi located in Indianapolis, Indiana, 46205.
Active Listing: 3959 Central Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3959 Central Ave are: Louis B Russell Jr School 48 (GreatSchools Rating 4/10), Kipp Indy Unite Elementary School (GreatSchools Rating 3/10), Tindley Genesis Academy (GreatSchools Rating 2/10), James W. Riley Elementary School 43 (GreatSchools Rating 3/10), Center For Inquiry School 70 (GreatSchools Rating 5/10), IPS Butler University Laboratory School 60 (GreatSchools Rating 4/10), Shortridge High School (GreatSchools Rating 2/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10), Herron High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $16,403 (source: MLS/based on county public records data).
The year of construction for 3959 Central Ave is 1915.
This home is located at 3959 Central Ave in Indianapolis, IN and zip code 46205 in the Meridian Kessler neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $1,500,000.
While more than 300 listings in Indianapolis, IN in May 2025 were sold above asking price, there were more than 315 listings sold at asking price, and more than 544 were sold below. The inventory of homes for sale in Indianapolis, IN between April and May 2025 increased by 3.7%. In May 2025 median list price was $250,180 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.