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3959 Central Avenue

Indianapolis, IN 46205

2 beds
2 baths
12,694 sqft
9,950 sqft lot
$118 per sqft
1915 build

Extraordinary live/work opportunity in Meridian Kessler! Rarely do unique properties like this come available in this sought-after space, and this one is impressive. This three-story building with a finished lower level offers both residential and commercial uses. A special use variance allows for many commercial opportunities - a full list is included in the attachments. The main level commercial space offers 5 Offices / 2 Conference Rooms / 2 Half Baths. The second floor commercial space is complete with expansive 56x28 foot room with loads of natural light and complete with kitchen, storage, and bathroom. The third floor is the primary apartment, which underwent a complete renovation in 2014. This space honors the building's 1915 heritage with original oak paneled walls, vaulted and beamed ceilings, and incredible style. The apartment offers two bedrooms and two fully renovated full baths. The kitchen is stunning with large center island, leathered granite, and ample storage. This beautiful kitchen opens to an extraordinary great room with vaulted ceilings and gas fire place. The unit boasts a nearly 40-foot covered deck further expanding the home's footprint and providing additional entertaining space. Finally the basement of the building offers another apartment renovated in 2012 and offering exceptional style and space. There are so many exceptional details and opportunities inside this historic building, its hard to detail - you'll simply have to see it to understand is magnitude.

Listing courtesy of MIBOR / F.C. Tucker Company

Last checked: Checking… • Last updated Jun 18, 2025 •

MLS# 22044995 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1915
New Construction:

false
Construction Materials:

Brick
Architectural Style:

TraditonalAmerican
Foundation Details:

Concrete Perimeter
Levels:

Three Or More
Basement:

true
Exterior Features:

Balcony, Lighting
Patio And Porch Features:

Covered Porch, Deck UP
Accessibility Features:

No
Green Certification:

No
Upper SqFt:

4616
Building Area Total:

13848
Below Grade Finished Area:

3462

Interior

Rooms:

7
Rooms Total:

7
Rooms Total:

7
Interior Features:

Breakfast Bar, Center Island, Elevator, Entrance Foyer, Hardwood Floors, Window Metal
Kitchen Features:

Kitchen Updated
Eating Area:

Breakfast Room,Formal Dining Room
Fireplaces Total:

1
Fireplace Features:

Great Room

Room Dimensions

SqFt:

9232
Main Level SqFt:

4616
Living Area:

12694

Location

Directions:

GPS Friendly
Latitude:

39.828479
Longitude:

-86.149482

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

true
Parcel Number:

490613125112000801
Acres:

<1/4 Acre
Lot Features:

City Lot, Corner Lot, Curbs
Lot Size Acres:

0.23
Lot Size SqFt:

9,950 Sqft
Price Per Acre:

6521739
Fencing:

Chain Link
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

L20
Tax Year:

2024
Semi Annual Property Tax Amt:

6231

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
# of Bedrooms Upper:

2

Baths

Baths:

2
Full Baths:

2
Full Baths:

2
Full Baths Upper:

2

The Listing

Virtual Tour Branded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air

Utilities

Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Electric Cooktop, Dishwasher, Dryer, Disposal, Laundry Connection in Unit, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Ardmore
Association:

false

Parking

Parking Features:

Common, Detached, Asphalt, Garage Door Opener, Gated
Garage:

true
Garage Spaces:

4

Monthly cost estimate

Asking price

$1,500,000

Expense	Monthly cost
Mortgage	$8,032
Taxes	$1,038
Insurance	$412
Utilities	$374 See report
Total	$9,856/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

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Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/13/25 Jun 13, 2025	Listed / Active	MIBOR	$1,500,000

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This house located in South Broad Ripple, Indianapolis, IN 46205 is currently for sale for $1,500,000. 3959 Central Avenue is a 12,694 square foot house with 2 beds and 2 baths. 3959 Central Avenue is in the South Broad Ripple neighborhood of Indianapolis and has a WalkScore® of 60, making it somewhat walkable. This house is in the attendance area of George Washington Community High School, James Whitcomb Riley School 43, Riverside High School, and Arsenal Technical High School.

Listing Courtesy of: MIBOR and F.C. Tucker Company.

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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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