#22049493, Morgan Thompson, Listing office: Berkley & State, LLC
Property details
About 4652 N Kenwood Ave
This 3,100+ SF Butler-Tarkington duplex has been beautifully renovated and updated with all the modern conveniences while maintaining its historic charm. Both sides are currently rented to great tenants with timely payment histories with an annual gross rental income of $45,600. There are separate HVAC, electric, and water meters for each unit, plus each unit has its own dedicated, enclosed garage bay with overhead garage door openers and extra off-street parking in the long driveway. The location is incredible; this duplex is nestled on a quiet street surrounded by established homes in Washinton Township- about a block away from the Indiana Governor's Mansion and within easy walking distance to both Butler University and Meridian-Kessler amenities & just 10 minutes from downtown. The hardwoods, original woodwork, built-ins and vintage glass doorknobs create a warmth and character hard to match. On both sides, the kitchens have updated appliances that convey, and there are laundry hook-ups in the large basement that offers dedicated storage areas for each unit. Another huge convenience is that each side has a half bathroom on the main level in addition to the (fully renovated) full bathrooms upstairs. In unit 1 (4652 N Kenwood Avenue), the elegant double doors in the family room lead out to a covered porch perfect for enjoying the spacious yard and mature trees. In unit 2 (137 W 47th Street), there is a spacious screened-in porch with access to a private backyard. Both units have stately living rooms with fireplaces, plus another large room that serves as extra living space for use as a second living room, a study or dining room! Don't miss out on this updated, cash-flowing investment located in an established area with strong appreciation potential, NOI of over $29,000 annually (after accounting for professional property management, insurance & property taxes) with a strong GRM of 12, right in line with comps. Appraised at $550K.
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.19 Acres
Year built1940
MLS #22048154
Summary
- Basement: Yes
- Architectural Style: Craftsman
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $550,000
- Annual Tax Amount: $9,737
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1940
- Lot Size: 0.19 Acres
- MLS Number: 22048154
- MLS Name: MIBOR
- Office Name: Highgarden Real Estate
- Listing Agent: Elizabeth Ewbank
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 8/1/2025, 1:31:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 16, 2024 | Home Sold | $465,000 |
| Aug 17, 2021 | Home Sold | $410,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $410,500 | $9,737 |
| 2022 | $419,900 | $9,913 |
| 2021 | $413,100 | $8,178 |
| 2020 | $353,600 | $6,423 |
| 2019 | $266,400 | $4,462 |
| 2018 | $262,300 | $4,284 |
| 2017 | $319,600 | $4,709 |
History based on county public records data.
Nearby schools
4
Louis B Russell Jr School 48
Public Charter KG-6
1.6 mi
•3445 Central Ave
3
Fox Hill Elementary School
Public District KG-5
1.8 mi
•802 Fox Hill Dr
4
Ace Preparatory Academy
Public Charter KG-5
2.0 mi
•5326 Hillside Ave
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 $128,250. Typical income of Indianapolis, IN residents is between $100k-200k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
5%
<35k
25%
35k-100k
45%
100k-200k
25%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
5%
Single, with Kids
32%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis
Soccer
Where do the neighbors shop?
Nordstrom
Bloomingdales
The Container Store
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Starbucks
What do the neighbors drive?
BMW
Lexus
Jeep
What do the neighbors listen to?
Talk/Personality
News
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4652 N Kenwood Ave
The listing price of 4652 N Kenwood Ave property is $550,000.
The property 4652 N Kenwood Ave is a multi located in Indianapolis, Indiana, 46208.
Active Listing: 4652 N Kenwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4652 N Kenwood Ave are: Louis B Russell Jr School 48 (GreatSchools Rating 4/10), Fox Hill Elementary School (GreatSchools Rating 3/10), Ace Preparatory Academy (GreatSchools Rating 4/10), Center For Inquiry School 70 (GreatSchools Rating 5/10), James W. Riley Elementary School 43 (GreatSchools Rating 3/10), Center For Inquiry School 84 (GreatSchools Rating 8/10), Shortridge High School (GreatSchools Rating 2/10), Purdue Polytechnic High School North (GreatSchools Rating 3/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $9,737 (source: MLS/based on county public records data).
The last sale was on July 16, 2024 for $465,000 (source: MLS/tax record).
The year of construction for 4652 N Kenwood Ave is 1940.
This home is located at 4652 N Kenwood Ave in Indianapolis, IN and zip code 46208 in the West Meridian neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $550,000.
In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. Between May and June 2025, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.2%. In June 2025 median list price was $251,183 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.