Zumper
modified
2 Days Ago

Highlights

  • In-unit laundry
  • Covered front porch
  • Fully fenced backyard

Location

3848 North Capitol Avenue, Indianapolis, Indiana 46208, United States|Butler - Tarkington
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Tour 3848-50 North Capitol Avenue

Contact

Management

LIV Indy

Leasing office

(317) 316-0963

Property Overview

3848-50 North Capitol Avenue presents a well-rounded opportunity for renters, featuring notable amenities such as in-unit laundry, a covered front porch, and a fully fenced backyard. With a Zumper Expert Rating of 8.3 and exceptional scores in price, amenities, and location, this property balances value and convenience effectively. Additionally, its proximity to a highly rated elementary school enhances its appeal for those prioritizing accessibility to quality education.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 3848-50 North Capitol Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 3848-50 North Capitol Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Dishwasher
  • Laundry available on site

Floor plans

3BR/1.5BA3 bed1.5 bath1,262+ sqft$1,600 /mo2 units availableAVAILABLE NOW! Charming Home in Indianapolis! Welcome to this inviting 3-bedroom, 1.5-bath home in Indianapolis! Offering comfort, functionality, and great outdoor space, this home is perfect for anyone seeking a well-maintained property in a convenient location. Step inside to find a bright and open living area that flows seamlessly into the dining and kitchen spaces. The layout provides plenty of room for everyday living and entertaining. All three bedrooms are comfortably sized, with great natural light throughout. Enjoy the ease of in-unit laundry, making household routines simple and convenient. The home also features a welcoming covered front porch, perfect for relaxing with a morning coffee or enjoying evening downtime. Out back, you’ll find a fully fenced backyard, offering privacy and space for outdoor activities, pets, or gatherings. Located in a central Indianapolis neighborhood, you’ll enjoy quick access to local dining, shopping, parks, and major roadways. Tenants pay all utilities. Tenant lease administration fee of $300 due at signing. NOTE: Monthly fee of $50 for our Resident Benefits Package, which includes: Renter's Insurance, Furnace Filter Delivery, Identity Protection, Resident Rewards, and Pest Control. Rental Requirements: 600+ Credit Score Gross Income 3x Monthly Rent No Evictions No Bankruptcies Clean Background Check Pet Policy: Pet Deposit: $450 Monthly Pet Fee (per pet): $45 We do NOT accept applications submitted through Zillow. Please apply directly through our Appfolio portal.

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Amenities for 3848-50 North Capitol Avenue

Apartment Amenities

Covered Front PorchTrash

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
OvenRange
RefrigeratorStove
Washer and Dryer

Building

Onsite Laundry

Grounds

Fully Fenced BackyardOutdoor Space
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units2
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About 3848-50 North Capitol Avenue

HomeApartments in IndianapolisButler - Tarkington 3848-50 North Capitol Avenue

AVAILABLE NOW! Charming Home in Indianapolis! Welcome to this inviting 3-bedroom, 1.5-bath home in Indianapolis! Offering comfort, functionality, and great outdoor space, this home is perfect for anyone seeking a well-maintained property in a convenient location. Step inside to find a bright and open living area that flows seamlessly into the dining and kitchen spaces. The layout provides plenty of room for everyday living and entertaining. All three bedrooms are comfortably sized, with great natural light throughout. Enjoy the ease of in-unit laundry, making household routines simple and convenient. The home also features a welcoming covered front porch, perfect for relaxing with a morning coffee or enjoying evening downtime. Out back, you’ll find a fully fenced backyard, offering privacy and space for outdoor activities, pets, or gatherings. Located in a central Indianapolis neighborhood, you’ll enjoy quick access to local dining, shopping, parks, and major roadways. Tenants pay all utilities. Tenant lease administration fee of $300 due at signing. NOTE: Monthly fee of $50 for our Resident Benefits Package, which includes: Renter's Insurance, Furnace Filter Delivery, Identity Protection, Resident Rewards, and Pest Control. Rental Requirements: 600+ Credit Score Gross Income 3x Monthly Rent No Evictions No Bankruptcies Clean Background Check Pet Policy: Pet Deposit: $450 Monthly Pet Fee (per pet): $45 We do NOT accept applications submitted through Zillow. Please apply directly through our Appfolio portal.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 3848-50 North Capitol Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 3848-50 North Capitol Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 3848-50 North Capitol Avenue
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
3848-50 North Capitol Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
3848-50 North Capitol Avenue stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
3848-50 North Capitol Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 3848-50 North Capitol Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 3848-50 North Capitol Avenue compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
Dishwasher
Dishwasher available in kitchen
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Butler - Tarkington

3-bedroom apartments at 3848-50 North Capitol Avenue cost about 10% more than the average rent price for 3-bedroom apartments in Butler - Tarkington.

Median rents as of Dec 13 2025.
Butler - Tarkington
Indianapolis
A table of 2-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
December 2023$1,247
January 2024$1,249
February 2024$1,234
March 2024$1,311
April 2024$1,305
May 2024$1,349
June 2024$1,338
July 2024$1,380
August 2024$1,377
September 2024$1,384
October 2024$1,394
November 2024$1,392
December 2024$1,378
January 2025$1,389
February 2025$1,389
March 2025$1,333
April 2025$1,312
May 2025$1,322
June 2025$1,312
July 2025$1,298
August 2025$1,290
September 2025$1,266
October 2025$1,275
November 2025$1,275
December 2025$1,262
A table of 2-bedroom apartment rental data trends in Butler - Tarkington
MonthMedian Rent
December 2023$1,448
January 2024$1,448
March 2024$1,274
April 2024$1,290
May 2024$1,308
June 2024$1,322
July 2024$1,389
August 2024$1,507
March 2025$1,050
April 2025$1,268
May 2025$1,254
June 2025$1,268
July 2025$1,315
August 2025$1,292
September 2025$1,367
October 2025$1,346
November 2025$1,300

Affordability calculator

Can I afford to live at 3848 North Capitol Avenue?

Bedrooms

3 bedrooms

Rent-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.

Schools near 3848-50 North Capitol Avenue

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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Neighborhood

Butler - Tarkington | Indianapolis, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 3848 North Capitol Avenue

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 3848 North Capitol Avenue, Indianapolis

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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