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Contemporary Craftsman Triplex with Carriage House
For Sale
$929,900

2038 Ruckle Street, Indianapolis, IN 46202

MULTI_FAMILY - Craftsman, Contemporary - Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market156

Property Features for 2038 Ruckle Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Alley
Exterior features Balcony, Carriage/Guest House
Basement Full, Storage Space, Finished, Daylight
Subdivision Turners
Lot features Sidewalks, Storm Sewer, Street Lights
View City
Elementary school James Russell Lowell School 51
Middle school Arlington Community Middle School
High school George Washington High School
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490636187004000101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Turners Sub Johnson Heirs Add 40.25' S Side L3 0.125 Ac.
Legal Description Turners Sub Johnson Heirs Add 40.25' S Side L3 0.125 Ac.

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

covered front porch
rear patios
upper-level balconies
gourmet kitchens
premium finishes

Building Details

Year built 2016
Floors in Building 2
Number of units 3
Building materials Vinyl Siding
Roof type Shingle
Architectural style Craftsman, Contemporary
Additional Structures Guest House
Listing Agency: Trueblood Real Estate
Listed By: Mina Kadhum · License #RB18001932
Added: Mar 9 Changed: Aug 3 Last Checked: Aug 11 at 6:06PM
MLS# 22088215

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A Contemporary/Craftsman triplex-style layout offering two modern townhome residences plus a detached carriage/guest house. Each townhome is arranged over three levels with three bedrooms and 3.5 bathrooms, including a fully finished basement with a dedicated family room, bedroom, and full bathroom. Interiors are finished with contemporary details and feature gourmet kitchens, with outdoor living that includes rear patios and upper-level balconies, as well as expansive covered front porches.

A detached garage on the property is topped by a fully appointed 1-bedroom carriage house with approximately 780 SF of additional living space. The building is heated with forced air and cooled with central air, and is constructed with vinyl siding under a shingle roof. Parking is accessed via an alley.

Built in 2016 on a 0.12-acre lot, the property also includes carriage/guest house exterior features such as balcony elements and provides multiple distinct living spaces for owner-occupancy or flexible use.

Key Highlights

  • 0.12‑acre lot
  • Built in 2016
  • Two modern townhome residences, each with three bedrooms and 3.5 bathrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Furniture & Home Goods Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,064
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Dual modern townhome residences plus a detached 1-bedroom carriage house on a covered-porch setting with rear patios and balconies.
Where is this triplex located?
The property is located at 2038 Ruckle Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $929,900.
What are key features of this property?
This property features: 0.12‑acre lot; Built in 2016; Two modern townhome residences, each with three bedrooms and 3.5 bathrooms
More about this property
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