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  • Price increase: $40K (5/26)
    $389,000

    104 E 38th St, Indianapolis, IN 46205

    5beds
    2,538sqft
    : 
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    Residential, Single Family Residence
    Built in 1910
    0.3 Acres Lot
    $-- Zestimate®
    $153/sqft
    $-- HOA

    What's special

    Five bedroomsSpacious single-level layout
    Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Previously 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 Indiana State Fairgrounds and Downtown Indy, this is a neighborhood bursting with culture, convenience, and community. Whether it's families, professionals, or small business opportunities, this area thrives with possibility. With usage flexibility, prime exposure, and a floor plan that adapts to your vision, this is more than a property-it's a chance to create your future. Opportunities like this don't wait. Schedule your showing today and see firsthand how this home can become the foundation of your next chapter. Property was previously a day care and is now vacant.
    324 days
    |
    115
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Forney 317-271-5959,

    Keller Williams Indy Metro Partners,

    Larisa Marcone,

    Keller Williams Indy Metro Partners

    Source: MIBOR as distributed by MLS GRID,MLS#: 22057303MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      • Main level bathrooms: 3
      • Main level bedrooms: 5
      Primary bedroom
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 2
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Bedroom 3
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Bedroom 4
      • Level: Main
      • Area: 64 Square Feet
      • Dimensions: 8x8
      Bedroom 5
      • Level: Main
      • Area: 64 Square Feet
      • Dimensions: 8x8
      Other
      • Level: Main
      • Area: 64 Square Feet
      • Dimensions: 8x8
      Dining room
      • Level: Main
      • Area: 160 Square Feet
      • Dimensions: 16x10
      Kitchen
      • Level: Main
      • Area: 88 Square Feet
      • Dimensions: 8x11
      Living room
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: None, Gas Water Heater
      Features
      • Attic Access
      • Basement: Unfinished
      • Attic: Access Only
      Interior area
      • Total structure area: 2,538
      • Total interior livable area: 2,538 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Common
      • Details: Garage Parking Other(Common Lot)
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Fencing: Fenced,Front Yard
      Lot
      • Size: 0.3 Acres
      • Features: Busline, Corner Lot, Curbs, Not In Subdivision, Sidewalks, Street Lights
      Details
      • Parcel number: 490613115017000801
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Stucco
      • Foundation: Block, Crawl Space
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Brodleigh
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $153/sqft
      • Tax assessed value: $180,600
      • Annual tax amount: $4,086
      • Date on market: 8/21/2025
      • Cumulative days on market: 318 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/26/2026Price change$389,000+11.5%$153/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        5/21/2026Pending sale$349,000$138/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        2/18/2026Price change$349,000+2.9%$138/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        2/16/2026Price change$339,000+6.3%$134/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        1/15/2026Price change$319,000-8.8%$126/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        11/17/2025Price change$349,900-2.8%$138/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        9/23/2025Price change$360,000-4%$142/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        8/21/2025Listed for sale$375,000+151.5%$148/sqft
        Source: MIBOR as distributed by MLS GRID #22057303 Report a problem
        5/8/2025Sold$149,103$59/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,087 +0.4%$180,600 +21.4%
        2024$4,072 -0.2%$148,800
        2023$4,080 +2.7%$148,800
        2022$3,974 +0.2%$148,800 +9.4%
        2021$3,966 +1.5%$136,000
        2020$3,906 -6.6%$136,000 +3.3%
        2019$4,181 +14.3%$131,600 -3.6%
        2018$3,659 -34.2%$136,500 +1%
        2017$5,563 +44.1%$135,200 +4.2%
        2016$3,861 -16.4%$129,800 -19.4%
        2014$4,621 +2%$161,000 -25.7%
        2010$4,531 -4.4%$216,600 -2.2%
        2009$4,742 $221,400 +37.4%
        2007-- $161,100 -7.1%
        2006-- $173,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Meridian Kessler

        Getting around

        73 / 100
        Very Walkable
        49 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Shortridge High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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