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2020 Ruckle Street

Indianapolis, IN 46202

PendingListed Aug 11, 2026 · 59 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
2,962 sqft
Lot
0.11 acres
Year built
2006
Type
Residential · Single Family Residence
Stories
Two
Garage
3 spaces
MLS #
22119598
County
Marion
Subdivision
Citizens

About this home

TURNKEY DUAL-UNIT INVESTMENT | FULLY LEASED FOR $3,848/MO ($46,176/YR GROSS) | PRIME KENNEDY-KING LOCATION - Incredible fully occupied, cash-flowing asset at 2020 Ruckle St! This unique multi-unit property generates $3,848/month in total gross income between the 4 BR / 3.5 BA main residence (leased at $2,849/mo) and the detached 760 sq ft carriage house studio above the 3-car garage (leased at $999/mo). The main home features open-concept living updated with fresh paint, modern fixtures, new flooring, and updated bathrooms with quartz vanities, plus a fully finished basement complete with a built-in wet bar, flex gym/rec space, and full bath. Positioned on a quiet street in vibrant Kennedy-King with a 3-car detached garage and private yard space, this property delivers immediate hands-off rental income just steps from Kennedy-King Park, Fall Creek Trail, local breweries, coffee spots, and minutes to Mass Ave and Downtown Indy

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicrowaveElectric OvenRefrigeratorWasherWater Heater
Interior features
Attic AccessBath Sinks Double MainBreakfast BarVaulted Ceiling(s)Kitchen IslandPaddle FanEat-in KitchenPantrySupplemental StorageWalk-In Closet(s)Wet Bar
Other rooms and areas
Bedroom Other on MainLaundry in Unit
Basement
Ceiling - 9+ feetDaylightEgress Window(s)FinishedFinished CeilingFinished WallsStorage Space
Laundry
Laundry ClosetIn Basement
Security
Smoke Detector(s)
Rooms
10
Main-level bedrooms
1

Exterior

Exterior features
Carriage/Guest House
Patio and porch
Covered
Construction
Wood Siding
Foundation
Concrete Perimeter
Style
Traditional
Parking and garage
Detached
View
Neighborhood
Other equipment
Sump Pump

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Electricity ConnectedNatural Gas ConnectedSep Electric MeterSep Gas MeterSewer ConnectedWater Connected

Lot and HOA

Lot features
SidewalksStreet Lights

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$10,154 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,406per month, estimated
Principal and interest $2,394Property tax $846Insurance $166
20% · $94,980
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.

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Listed at$474,900
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