2038 Ruckle Street, Indianapolis, IN 46202
- $929,900
- List Price
- $929,900
- Price Change
- ▼ $5,100 1775697924
- MLS#
- 22088215
- Days on Market
- 140
- Status
- ACTIVE
Property Description
This striking Modern Craftsman dual-residence property at 2036 & 2038 Ruckle St offers a premier "house-hack" or high-performance portfolio addition in one of Indianapolis's most rapidly appreciating urban core neighborhoods. The main structure features two meticulously designed, modern townhomes, each boasting a versatile 3-level layout with 3 bedrooms and 3.5 bathrooms, including a fully finished basement with a dedicated family room, bedroom and a full bathroom. Each side greets residents with an expansive covered front porch leading into a seamless, contemporary interior highlighted by gourmet kitchens, premium finishes, and outdoor living spaces including rear patios and upper-level balconies. Elevating the investment potential is the massive detached garage topped by a fully-appointed, 1-bedroom carriage house providing approximately 780 sq ft of additional high-end living space-perfect for a sophisticated short-term rental or a private guest retreat. The entire home is currently generating $4,698/month (excluding the carriage house) with a projected pro-forma potential of $6,847/month. Situated just steps from the Kennedy-King Park, local breweries, and downtown amenities, this turn-key property delivers a rare blend of architectural prestige and exceptional cash-flow potential in a coveted historic-adjacent district.
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Additional Information
- Expenses
- 17754
- Tenant Pays
- All Utilities, Cable TV, Electricity, Gas, Insurance, Sewer, Water
- Owner Pays
- Lawncare, Taxes, Trash Collection
- Basement
- Ceiling - 9+ feet, Daylight, Egress Window(s), Finished, Full, Storage Space
- Foundation
- Concrete Perimeter
- Stories
- Two
- Architecture
- Craftsman, Contemporary
- Equipment
- Sump Pump
- Exterior Amenities
- Balcony, Carriage/Guest House
- Acres
- 0.12
- Heat
- Forced Air
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Region
- Center
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Listing courtesy of Trueblood Real Estate.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative