2038 Ruckle Street, Indianapolis, IN 46202

Property Description

This striking Modern Craftsman dual-residence property at 2036 & 2038 Ruckle St offers a premier "house-hack" or high-performance portfolio addition in one of Indianapolis's most rapidly appreciating urban core neighborhoods. The main structure features two meticulously designed, modern townhomes, each boasting a versatile 3-level layout with 3 bedrooms and 3.5 bathrooms, including a fully finished basement with a dedicated family room, bedroom and a full bathroom. Each side greets residents with an expansive covered front porch leading into a seamless, contemporary interior highlighted by gourmet kitchens, premium finishes, and outdoor living spaces including rear patios and upper-level balconies. Elevating the investment potential is the massive detached garage topped by a fully-appointed, 1-bedroom carriage house providing approximately 780 sq ft of additional high-end living space-perfect for a sophisticated short-term rental or a private guest retreat. The entire home is currently generating $4,698/month (excluding the carriage house) with a projected pro-forma potential of $6,847/month. Situated just steps from the Kennedy-King Park, local breweries, and downtown amenities, this turn-key property delivers a rare blend of architectural prestige and exceptional cash-flow potential in a coveted historic-adjacent district.

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 1:17AM

Listing Office:

Trueblood Real Estate : 317-374-6055

Listing Agent:

Mina Kadhum : 317-374-6055

MLS ID:

22088215

Interior

• Laundry: Laundry RoomUpper Level
• Basement: Ceiling - 9+ feetDaylightEgress Window(s)FinishedFullStorage Space
• A/C: Central Air
• Heating: Forced Air

Exterior

• General: BalconyCarriage/Guest House
• Style: CraftsmanContemporary
• Parking: Alley AccessDetached

Construction

• Roofing: Shingle
• General: TwoConcrete Perimeter

Location

• Road/Access: City Street
• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Turners Sub Johnson Heirs Add 40.25' S Side L3 0.125 Ac.490636187004000101
• View: CityNeighborhoodView
• Current Use: Residential

Financial

• Source: mibor