Welcome to 316 Berkley Rd, a warm and versatile home in the coveted Butler-Tarkington neighborhood of Indianapolis, where charm and walkability meet everyday convenience. Step inside to a main floor rich with original hardwood floors, a cozy fireplace, and a large dining room made for gatherings. A 2019-updated kitchen adds real value, offering a handy pantry and a sunny breakfast nook for casual mornings. You'll also find a 4th bedroom with its own half bath on this level, ideal as a dedicated office or flexible space that adapts to how you live and work. Upstairs, three bedrooms feature hardwood floors and an updated bathroom, plus a cedar closet in one room for tidy, protected storage. The unfinished basement offers ample storage space, along with one bonus room and a full bath - not counted in the bedroom total, this private space has already earned its keep as a successful Airbnb rental, a smart bonus for hosts. Outside, relax on the large enclosed front porch, entertain on the spacious back patio, and enjoy a fenced backyard with a lovely flower garden, perfect for summer days and easy pet-friendly living. Major mechanicals have been taken care of, with a new furnace and AC in 2025 and a new roof in 2026, giving you added peace of mind from day one. The location is a true standout: you're in close proximity to Butler University, Hoagie's & Hops, and Andrew Ramsey Park, plus schools, shops, bars, and restaurants. Stroll to Patachou, Hubbard & Cravens, and the Shoppes at 56th & Illinois, where Food Emporium brunch is a local favorite. When you want to explore, bike the canal to the art museum or hop over to the Monon Trail for miles of scenic riding and walking. With flexible spaces and thoughtful updates, this home is a perfect fit for anyone looking to enjoy everything this vibrant neighborhood has to offer. Schedule your showing today!
Butler Tarkington charmer! Enjoy your screened-in porch in this quiet, conveniently located neighborhood. Hardwoods throughout, with heart of pine upstairs. Updated bathroom, kitchen are not to miss. Huge pantry plus a breakfast room. Storage space aplenty. 4th bedroom is on main level. Don't miss the cedar closet in the back bedroom! Fenced yard already is set up with two garden beds to start your very own this spring.
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46208
Average low and high temperatures (°F)
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49
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72
83
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82
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70
49
54
39
42
28
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Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 316 Berkley Rd
$390,791
$9,209 under list price of $400K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $339K to $690K.