Skip to content

620 Berkley Road

Indianapolis, IN 46208

ActiveListed Jun 2, 2026 · 92 days on market

Key facts

Beds
5
Baths
1 full · 1 half
Living area
2,420 sqft
Lot
0.12 acres
Year built
1927
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22105762
County
Marion
Subdivision
Fairview Park

About this home

INVESTOR ALERT! Prime Butler University Rental Opportunity Exceptional 5-bedroom, 2-bathroom home located just steps from the campus of Butler University. This beautifully renovated property offers the perfect combination of historic charm, modern updates, and strong income potential. Currently operating as a successful rental property or can be Airbnb rental. This property has historically generated between $3,500 and $4,000 per month in rental income. Whether you're seeking an investment property, student housing opportunity, or a personal residence near campus, this home delivers outstanding value. Recently renovated from top to bottom, features include: Spacious 5-bedroom, 2-bathroom floor plan, fully remodeled kitchen with butcher block countertops, Stainless steel appliances and new cabinetry. Large walk-in pantry, Refinished original hardwood floors. Beautiful leaded-glass windows. Original 1927 built-ins in the family and dining rooms. Cozy gas fireplace with Classic architectural character blended with modern conveniences. Enjoy living within walking distance of Butler University, restaurants, sporting events, and campus activities while being minutes from the highly desirable Meridian-Kessler neighborhood. Turnkey investment opportunity with proven rental history in one of Indianapolis' most sought-after university locations. Schedule your showing today!

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDisposalGas OvenRefrigeratorWater Heater
Interior features
Attic AccessEntrance FoyerEat-in KitchenWired for DataWalk-In Closet(s)
Kitchen
Kitchen Updated
Other rooms and areas
Bedroom Other on MainLiving Room FormalUtility Room
Basement
DaylightFinishedFullStorage SpaceWalk-Out Access
Fireplaces
1
Fireplace type
MasonryLiving Room
Laundry
In UnitLaundry RoomIn Basement
Windows
Vinyl Windows
Rooms
9
Main-level bedrooms
3
Condition
Updated/Remodeled

Exterior

Exterior features
Fire Pit
Patio and porch
CoveredDeck
Construction
BrickStucco
Foundation
Concrete PerimeterBlock
Style
ContemporarySpanishTraditional
Parking and garage
Alley Access
View
Park/Greenbelt
Other equipment
Sump Pump

Systems

Heating
ElectricForced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
Mature TreesSee Remarks

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$7,440 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$2,749per month, estimated
Principal and interest $1,991Property tax $620Insurance $138
20% · $79,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$395,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.