104 E 38th Street, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
104 E 38th Street,Indianapolis, IN 46205
$349,000
  • 5 Beds
  • 1 Baths
  • 2,054 sq. ft.
  • Single family
  • Active
Listed by: eric forney, larisa marcone
Office: keller williams indy metro s
MLS#:22057303
Source:IN_MIBOR

Price summary

  • Price:$349,000
  • Price per sq. ft.:$137.51

About this home

Current leases gross $3K/month. Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Currently utilized as a daycare, this property offers flexibility unlike anything else on the market-residential, commercial, or investment, the choice is yours. Step inside to find a spacious, single-level layout designed for versatility. Hard surface floors flow throughout the home, making it durable, functional, and easy to maintain. A spacious kitchen with dining area, living room, and five bedrooms provide endless options for creating the lifestyle or business you envision. Outside, the fenced front yard adds charm, while the corner lot maximizes visibility and convenience. No garage? No problem. The private parking lot ensures plenty of space for residents, guests, or clients. But what truly sets this property apart is its unbeatable location. Just steps from Tarkington Park, Tea's Me Community Cafe, and the iconic Melody Inn, and minutes from the...

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Home facts

  • Year built:1910
  • Listing ID #:22057303
  • Added:221 day(s) ago
  • Updated:March 30, 2026 at 02:49 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:1
  • Half bathrooms:1
  • Dining Description:Breakfast Room
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:2,054 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1910
  • Building area:2,054 sq. ft.
  • Lot area:0.3 Acres
  • Lot Features:Busline, Corner Lot, Curbs, Not In Subdivision, Sidewalks, Street Lights
  • Architectural Style:Ranch
  • Construction Materials:Stucco
  • Foundation Description:Block, Crawl Space

Schools

  • High school:Shortridge High School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$349,000
  • Price per sq. ft.:$137.51

Features and amenities

  • Appliances:Smoke Alarm
  • Amenities:Attic Access

Parking

  • Parking description:Common Lot
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