714 Berkley Rd

2,783 Sq. Ft.
$128 / Sq. Ft.
2,783
Sq. Ft.
$128
per Sq. Ft.

Description

Prime Investment Opportunity in Butler-Tarkington! Just one block from Butler University, this spacious 5/6 bedroom, 3-bath home is perfectly positioned for consistent rental demand. With its size, layout, and proximity to campus, this property is ideal for student housing. Leases are already signed for the next two school years! Designed to comfortably accommodate multiple tenants. Desirable Butler-Tarkington location, highly walkable to campus, dining, and shopping. Strong rental history in a high-demand...Prime Investment Opportunity in Butler-Tarkington! Just one block from Butler University, this spacious 5/6 bedroom, 3-bath home is perfectly positioned for consistent rental demand. With its size, layout, and proximity to campus, this property is ideal for student housing. Leases are already signed for the next two school years! Designed to comfortably accommodate multiple tenants. Desirable Butler-Tarkington location, highly walkable to campus, dining, and shopping. Strong rental history in a high-demand area. Great opportunity for IUPUI students as well! This is a rare opportunity to add a turnkey, income-producing property to your portfolio in one of Indianapolis' most sought-after rental neighborhoods. Whether you're a seasoned investor or looking for your first student housing property, this home checks all the boxes.

Property Details for 714 Berkley Road

Architectural Style
Traditional
Subdivision Name
Fairview Park
Township
Washington
Waterfront
No
LISTING UPDATED: 04/03/2026 06:02 PM

Property Details for 714 Berkley Road

StatusClosed
MLS #22061164
Days on Market89
Taxes$2,933 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1929
Lot Size0.17 AC / 7,405 SF
CountyMarion County

Location

Sold By MIBOR REALTOR® Association

Add your commute

Building Information for 714 Berkley Road

Stories-Year Built1929Building Size-Lot Size0.17 AC / 7,405 SF

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OriginPoint Mortgage or Rocket Mortgage1

$2,276 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,788

Property Taxes

$489

HOA Dues

$0

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Property Information for 714 Berkley Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46208
  • Postal Code Plus4: 3315
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490614122109000801
  • Semi Annual Property Tax Amt: 2933
  • Tax Year: 2024
  • TaxLot: 49-06-14-122-109.000-801
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 7500.0
  • Lot Size Acres: 0.17
  • Main Level SqFt: 1187
  • New Construction: False
  • Living SqFt: 1187.0
  • Sqft Total: 2374.0
  • Sq Ft Total: 2783.0
  • Year Built Numeric: 1929
  • Below Grade Finished Area: 409.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Fairview Park 130' S Side L68 & 130' S Side Of 20' E Side L69
  • Photos Count: 30
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Cash
Utilities
  • Solid Waste: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Stucco
  • Foundation Details: Concrete Perimeter
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer
  • Basement Description: Finished
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining-L
  • Fireplace Features: Other
  • Fireplaces Total: 1
  • Heating: Forced Air, Natural Gas
  • Interior Features: Hi-Speed Internet Availbl
  • Levels: Two
  • Additional Equipment: None
  • Room List: Primary Bedroom, Bedroom 3, Bedroom 4, Office, Kitchen, Living Room
  • Room and Features: Primary Bedroom-Main, Bedroom 3-Upper, Bedroom 4-Upper, Office-Main, Kitchen-Main-Tile-Ceramic, Living Room-Main
  • Spa: No
  • Main Level Bedrooms: 1
  • Laundry Features: In Basement
  • Num Bedrooms Upper: 4
  • Num Bedrooms Basement: 1
  • Rooms Basement: 2
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 9
Room 1
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Upper
  • Room Dimensions: 17x12
  • Room Type: Bedroom 3
Room 3
  • Room Level: Upper
  • Room Dimensions: 13x12
  • Room Type: Bedroom 4
Room 4
  • Room Level: Main
  • Room Dimensions: 09x11
  • Room Type: Office
Room 5
  • Room Level: Main
  • Room Dimensions: 10x12
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Room 6
  • Room Level: Main
  • Room Dimensions: 22x13
  • Room Type: Living Room
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 1
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 5
  • Bedrooms MU: 5
  • Bedrooms Total: 6

Property History for 714 Berkley Road

DateEvent & SourcePriceAppreciation
Apr 2, 2026

Sold

MIBORMLS #22061164

$355,000—
Apr 1, 2026

Pending

MIBORMLS #22061164

—
Dec 10, 2025

Withdrawn

MIBORMLS #22061164

—
DateEvent & SourcePrice
04/02/2026

Sold

MIBORMLS #22061164

$355,000
04/01/2026

Pending

MIBORMLS #22061164

—
12/10/2025

Withdrawn

MIBORMLS #22061164

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 714 Berkley Road

Taxable ValueLand$49,200Additions$198,000Total$247,200
Tax Record2024$5,866 ($489 / month)
Home Facts
Beds3Total Finished SqFt2,374 SqFtAbove Grade Finished SqFt2,374 SqFtStories2Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1929Year Renovated1965CountyMARIONAPN49-06-14-122-109.000-801Fireplace TypeHas Fireplace

Schools near 714 Berkley Road

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Charter - PK to 6
Rating
School
Distance
Robert Lee Frost School 106
PublicPK to 5

Charles Warren Fairbanks School 105
PublicPK to 5

James Whitcomb Riley School 43
PublicPK to 5

Louis B. Russell Jr. School 48
CharterPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Based on information submitted to the MLS GRID as of 04/03/2026 06:02 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.