NEW 15 HRS AGO

For sale

$565,000

Est. $3,414/mo —

•

5,182

sq ft

3949 Rookwood Ave, Indianapolis, IN 46208

About this home

This beautifully renovated historic home seamlessly blends classic craftsmanship with luxurious modern updates, located in an exciting and rapidly growing pocket of Butler-Tarkington. Key Highlights: -Unmatched Curb Appeal: Features one of the largest covered front porches you will ever see-the ultimate spot for a cozy ceiling swing. -Grand Main Entrance: Step into a massive, welcoming foyer rich in character, featuring original woodwork and custom built-in seating. -Spacious Main-Level Living: An oversized great room flows effortlessly into a formal dining room designed for large family gatherings, complete with charming original window seats. -Main-Level Primary Suite: Set behind elegant original French doors off a wide hallway, the main-floor primary bedroom boasts a luxurious ensuite bathroom and a custom walk-in closet. -Exceptional Upstairs Layout: The expansive second floor features a large bonus room (easily configured as a 5th bedroom), a second bedroom with its own private ensuite, and two additional spacious bedrooms joined by a convenient Jack-and-Jill bath. -Outdoor Oasis: A generous backyard and huge patio are set to be fully enclosed with a new privacy fence. Every detail in this home preserves its original trimwork and custom built-ins while delivering complete modern comfort. Schedule a tour quickly-this gem won't stay at this price for long!

Single-familyProperty Type

1915Year Built

4,400 sq ftLot Size

$109Price/Sq.Ft.

2 car garageParking

Listed by Sean Carney • F.C. Tucker Company

Listing updated: Oct 17, 2026 at 06:17pm

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22131968

Payment calculator

$3,414 per month

Principal and interest$3,122

Property taxes

$76

HOA dues

Home insurance

$217

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

This home is unavailable to tour on this day.

Next available date: Sunday, October 18

Open houses

No upcoming open houses.

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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

Market insights

3949 Rookwood Ave · $565,000

DAYS ON MARKET

The average home goes pending in 29 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $254,474. (55% lower than this home)

PRICE DROP

34% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Updated and remodeled
Built-in features
Stained or painted woodwork
Masonry fireplace in the great room
Daylight basement with unfinished storage space

Bedrooms
4 bedrooms: 1 on the main level and 3 upstairs
Primary bedroom with a walk-in closet

Bathrooms
3 full bathrooms and 1 half bathroom
Primary suite bathroom with a full shower and double sinks
Jack-and-Jill bathroom

Kitchen
Breakfast bar
Pantry
Dishwasher, disposal, gas water heater, exhaust fan, electric oven, range hood, and refrigerator

Laundry & utility
Laundry connections upstairs
Laundry and utility rooms

Flooring
Luxury vinyl plank flooring in the great room, dining room, kitchen, foyer, and utility room

Heating & cooling
Zoned natural gas heating
Central air conditioning

Sale and tax history for 3949 Rookwood Ave

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22131968

Oct 16, 2026

Listed

$565,000

$109/sq ft

MIBOR as Distributed by MLS Grid #22048097

Sep 1, 2025

Pending

—

Sep 1, 2025

Sold

$189,900

$37/sq ft

Aug 11, 2025

Listing Removed

—

Jul 4, 2025

Listed

$189,900

$37/sq ft

+22

Endless Potential in Butler-Tarkington! Located just minutes from Butler University, this as-is fixer-upper sits on two separate lots, including a desirable corner lot-perfect for investors, builders, or visionaries looking to create something special. Each lot is available individually for $50,000 or together as a package. Renovate the existing home, build new, or develop both parcels to suit your needs. Nestled in the sought-after Butler-Tarkington neighborhood, you'll enjoy proximity to Canal Towpath trails, Holcomb Gardens, Newfields, local coffee shops, and popular dining spots. With strong community vibes and convenient access to downtown Indianapolis, this is a rare opportunity to capitalize on location, lot size, and potential.

MIBOR as Distributed by MLS Grid #21970688

Apr 16, 2024

Sold

$242,000

$47/sq ft

Mar 25, 2024

Listed

$260,000

$50/sq ft

Mar 25, 2024

Listing Removed

—

+10

Incredible opportunity awaits in Butler Tarkington! This super-sized craftsman bungalow is a total diamond-in-the-rough. Just oozing with historic charm, the perfectly intact gorgeous original built-ins and massive footprint (not to mention double lot included in the sale) make this an extremely enticing option for an intrepid renovationist developer, or an owner/occupant with a renovation loan. Sale of this property includes three contiguous parcels to the North and Northeast, 3953 Rookwood, 425 W 40th st, and the lot at 3947. See property map for clarification.

MIBOR as Distributed by MLS Grid #21932337

Oct 27, 2023

Listing Removed

—

Oct 4, 2023

Price Changed

$285,000

$55/sq ft

Jul 14, 2023

Listed

$270,000

$52/sq ft

MIBOR as Distributed by MLS Grid #21787132

Jun 25, 2021

Sold

$193,300

$37/sq ft

Jun 2, 2021

Pending

—

May 23, 2021

Listed

$180,000

$35/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,521 (+27.1%)

$20,700 + $290,300

$311,000

2024

$5,917 (−14.3%)

$20,700 + $220,000

$240,700

2023

$6,903 (+13.4%)

$20,700 + $220,000

$240,700

2022

$6,089 (+159.8%)

$20,700 + $261,900

$282,600

2021

$2,343 (+3.0%)

$4,300 + $183,600

$187,900

2020

$2,275 (+14.5%)

$4,300 + $183,600

$187,900

2019

$1,987 (+5.3%)

$4,300 + $177,700

$182,000

2018

$1,888 (+1.1%)

$4,300 + $151,700

$156,000

2017

$1,867 (+4.7%)

$4,300 + $156,800

$161,100

2016

$1,783 (+6.7%)

$4,300 + $156,800

$161,100

2015

$1,671 (+3.4%)

$4,300 + $152,500

$156,800

2014

$1,616 (−4.7%)

$4,300 + $149,600

$153,900

2013

$1,696

$4,300 + $147,000

$151,300

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

1.5

Lot width

40 ft.

Lot depth

127 ft.

Lot size

2,901 Sq. Ft.

Year renovated

1950

Finished Sq. Ft.

4,032

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,032

Year built

1915

Style

Single Family Residential

County

Marion County

APN

490614106009000801

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 4, 2026.

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

Apr 8, 2026 • Active

Heating & cooling - 1-2 family

Install a new gas furnace and air conditioning system with all new ductwork.

HVAC

Apr 1, 2026 • Active

Electrical - 1-2 family

Electrical

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 9% for direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

6.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 3949 Rookwood Ave

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $343,000 and $855,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $343K to $855K.

SOLD SEP 11, 2026
$572,000 Last sold price
4 beds3 baths3,153 sq ft
4210 N Capitol Ave, Indianapolis, IN 46208
$72/sq ft
larger lot
15 years newer
SOLD MAY 26, 2026
$500,000 Last sold price
3 beds1.5 baths2,820 sq ft
246 Blue Ridge Rd, Indianapolis, IN 46208
$68/sq ft
larger lot
8 years newer
SOLD MAR 3, 2026
$560,983 Last sold price
4 beds4.5 baths3,331 sq ft
524 Buckingham Dr, Indianapolis, IN 46208
$59/sq ft
larger lot
11 years newer
SOLD AUG 21, 2026
$855,000 Last sold price
5 beds3.5 baths5,438 sq ft
435 Blue Rdg, Indianapolis, IN 46208
$48/sq ft
larger lot
15 years newer
SOLD SEP 14, 2026
$343,000 Last sold price
4 beds2 baths2,656 sq ft
4050 N Capitol Ave, Indianapolis, IN 46208
$20/sq ft
larger lot
9 years newer
SOLD OCT 6, 2026
$700,000 Last sold price
4 beds2.5 baths3,645 sq ft
314 W Hampton Dr, Indianapolis, IN 46208
$83/sq ft
larger lot
17 years newer

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Ask a question

(317) 854-4904

Early Access listings

Contact for price

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Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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