3937 Rookwood Ave is a 680 square foot multi-family home on a 5,798 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $171,743.
Multi-familyProperty Type
1920Year Built
5,798 sq ftLot Size
$253Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$171,743
$12K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0% higher than the average sale price ($172K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,696 (+26.6%)
$22,100 + $158,400
$180,500
2024
$2,130 (−16.4%)
$22,100 + $122,600
$144,700
2023
$2,547 (−26.3%)
$22,100 + $122,600
$144,700
2022
$3,454 (+33.5%)
$22,100 + $145,800
$167,900
2021
$2,587 (+3.3%)
$4,600 + $102,500
$107,100
2020
$2,504 (+13.4%)
$4,600 + $102,500
$107,100
2019
$2,209 (+4.7%)
$4,600 + $98,600
$103,200
2018
$2,110 (+11.7%)
$4,600 + $84,200
$88,800
2017
$1,888 (+4.7%)
$4,600 + $79,200
$83,800
2016
$1,804 (+67.2%)
$4,600 + $79,200
$83,800
2015
$1,079 (+5.8%)
$4,600 + $77,100
$81,700
2014
$1,020 (−7.2%)
$4,600 + $75,300
$79,900
2013
$1,099
$4,600 + $72,800
$77,400
Tax history for 3937 Rookwood Ave
Year
Property tax
Land + Additions
Assessment*
2025
$2,696 (+26.6%)
$22,100 + $158,400
$180,500
2024
$2,130 (−16.4%)
$22,100 + $122,600
$144,700
2023
$2,547 (−26.3%)
$22,100 + $122,600
$144,700
2022
$3,454 (+33.5%)
$22,100 + $145,800
$167,900
2021
$2,587 (+3.3%)
$4,600 + $102,500
$107,100
2020
$2,504 (+13.4%)
$4,600 + $102,500
$107,100
2019
$2,209 (+4.7%)
$4,600 + $98,600
$103,200
2018
$2,110 (+11.7%)
$4,600 + $84,200
$88,800
2017
$1,888 (+4.7%)
$4,600 + $79,200
$83,800
2016
$1,804 (+67.2%)
$4,600 + $79,200
$83,800
2015
$1,079 (+5.8%)
$4,600 + $77,100
$81,700
2014
$1,020 (−7.2%)
$4,600 + $75,300
$79,900
2013
$1,099
$4,600 + $72,800
$77,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
D5
AIRSPACE SECONDARY ZONING DISTRICT
COMPACT
Dwelling District Five
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
Airspace Secondary Zoning District
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
Property details
Interior
Basement Information
Basement Sq. Ft: 334
Basement Type: Partial
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Row Type
Property Information
Subdivision Name: FESSLERS SUB
Living Sq. Ft: 680
Adjusted Gross Sq. Ft: 1,014
Ground Floor Sq. Ft: 680
Building Sq. Ft: 1,014
# of Stories: 1
Legal Description: FESSLERS SUB L1 0L19
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,798
Legal Lot Number: 1
Municipality Name: INDIANAPOLIS,WASHINGTON
Acres: 0.1331
Depth Footage: 145
Front Footage: 40
County Use Description: TWO FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 680
Stories: 1.0
Lot Size: 5,798 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1950
County: Marion County
APN: 490614106013000801
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
K - 12
Preschool & daycare
James Whitcomb Riley School 43
Public PreK-5 • Assigned • 0.3mi
4/10
Cold Spring School
Public K-8 • Assigned • 1.9mi
7/10
Shortridge High School
Public 9-12 • Assigned • 0.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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)
32°
18°
42°
26°
60°
40°
68°
49°
71°
54°
83°
66°
88°
71°
83°
65°
82°
59°
69°
49°
54°
39°
42°
28°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$164,000 – $198,000
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