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4138 Rookwood Avenue #A, APT A, Indianapolis, Indiana 46208, United States|Butler - Tarkington
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About 4138 Rookwood Avenue #A
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Apartments in IndianapolisButler - Tarkington 4138 Rookwood Avenue #A, APT A, Indianapolis, Indiana 46208, United States
Apartments in IndianapolisButler - Tarkington 4138 Rookwood Avenue #A, APT A, Indianapolis, Indiana 46208, United StatesWelcome to 4138 Rookwood Ave, a beautifully renovated 3-bedroom, 2-bath home in the heart of Indianapolis! This property combines classic charm with modern updates for comfortable living. Inside, you'll find a bright, open living area with large windows and new flooring. The updated kitchen offers plenty of cabinet space and sleek countertops perfect for cooking and entertaining. Each bedroom is spacious with ample closet storage, while the bathrooms feature stylish, modern finishes. Step outside to enjoy a peaceful backyard with mature trees, ideal for relaxing or hosting gatherings. A private driveway and off-street parking add everyday convenience. Just minutes from Butler University, the Indianapolis Museum of Art, shopping, dining, and with easy access to I-65, this home is perfectly located. Schedule your tour today and make this home yours!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4138 Rookwood Avenue, Indianapolis, IN 46208, USA compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Butler - Tarkington |
|---|---|
| Zip code | 46208 |
| Type | Apartment for rent |
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Rent trends in Butler - Tarkington
3-bedroom apartments at 4138 Rookwood Avenue #A cost about 23% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Dec 6 2025.
Butler - Tarkington
Indianapolis
| Month | Median Rent |
|---|---|
| December 2023 | $1,500 |
| January 2024 | $1,522 |
| February 2024 | $1,547 |
| March 2024 | $1,578 |
| April 2024 | $1,598 |
| May 2024 | $1,619 |
| June 2024 | $1,628 |
| July 2024 | $1,637 |
| August 2024 | $1,618 |
| September 2024 | $1,598 |
| October 2024 | $1,611 |
| November 2024 | $1,595 |
| December 2024 | $1,586 |
| January 2025 | $1,596 |
| February 2025 | $1,605 |
| March 2025 | $1,655 |
| April 2025 | $1,680 |
| May 2025 | $1,697 |
| June 2025 | $1,695 |
| July 2025 | $1,652 |
| August 2025 | $1,609 |
| September 2025 | $1,599 |
| October 2025 | $1,598 |
| November 2025 | $1,581 |
| December 2025 | $1,555 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,550 |
| January 2024 | $1,612 |
| February 2024 | $1,650 |
| March 2024 | $1,650 |
| April 2024 | $1,553 |
| May 2024 | $1,502 |
| June 2024 | $1,474 |
| July 2024 | $1,549 |
| August 2024 | $1,539 |
| September 2024 | $1,705 |
| October 2024 | $1,759 |
| November 2024 | $1,689 |
| December 2024 | $1,595 |
| January 2025 | $1,622 |
| February 2025 | $1,470 |
| March 2025 | $1,511 |
| April 2025 | $1,600 |
| May 2025 | $1,600 |
| June 2025 | $1,575 |
| July 2025 | $1,719 |
| August 2025 | $1,595 |
| September 2025 | $1,531 |
| October 2025 | $1,488 |
| November 2025 | $1,433 |
| December 2025 | $1,300 |
Affordability calculator
Can I afford to live at 4138 Rookwood Avenue #A?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 3-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,400 | 3 bed | 4 bath | ||
| 2 years ago | $1,450 | 3 bed | 0 bath | ||
| 6 years ago | $700 | 3 bed | 2 bath | ||
| 6 years ago | $700 | 3 bed | 2 bath | ||
| 8 years ago | $650 | 3 bed | 2 bath | ||
| 9 years ago | $650 | 3 bed | 2 bath | ||
| 11 years ago | $650 | 3 bed | 2 bath |
Schools near 4138 Rookwood Avenue #A
James Whitcomb Riley School No. 43
150 w 40th st
indianapolis, IN, 46208
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
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Internet available near 4138 Rookwood Avenue #A
Neighborhood
Butler - Tarkington | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around APT A near 4138 Rookwood Avenue #A
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 4138 Rookwood Avenue #A, APT A
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
4138 Rookwood Avenue, Indianapolis, IN
4138 Rookwood Avenue Indianapolis, IN
Occupied
B
3 Beds
2 Baths
$1,450
Air Conditioning • In-Unit Laundry • Fireplace
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