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  • Zestimate®
    $281,500

    3938 N College Ave, Indianapolis, IN 46205

    3beds
    2,358sqft
    Residential, Single Family Residence
    Built in 1913
    6,098 Square Feet Lot
    $281,500 Zestimate®
    $119/sqft
    $2,708 Estimated rent

    Home value

    $281,500

    $267,000 - $296,000

    $2,708/mo

    Zestimate® history
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    What's special

    Walk-in closetsThree generously sized bedroomsDeck and pergolaAdjacent dining areaBeautiful finishesNew roof
    Ideally located in Meridian-Kessler, this 3-bedroom, 1.5-bath home offers easy access to Butler University, Broad Ripple, Midtown, Downtown, and some of Indy's favorite restaurants, shops, and trails. The main and upper levels of this beauty were extensively renovated under the thoughtful eye of an interior architect, with careful attention to layout, function and beautiful finishing details while still honoring the distinctive character and original details so valued in a historic home. Beyond the beautiful finishes, significant behind-the-walls improvements-including new electrical and plumbing, insulation, drywall and radon mitigation-along with a new roof, bring peace of mind. The main floor features an inviting living room, an expansive and completely redesigned kitchen with generous space for cooking and gathering, an adjacent dining area and convenient half bath. Upstairs, three generously sized bedrooms each offer walk-in closets, including one with a larger windowed walk-in that hold the possibility to be used as an office, play space or creative retreat. The unfinished basement offers plenty of potential, and seller-drawn plans for a future garage with an apartment above provide vision for another opportunity to expand. Outside, a large yard with mature trees, deck and pergola creates a wonderful extension of the living space. With so much thoughtfully renewed and its original charm beautifully preserved, this special home is ready for its next owners to simply settle in and enjoy!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michele Prible michele@atpropertiesind.com,

    @properties

    Bought with:

    Mia Schulte

    eXp Realty LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22123197MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 162 Square Feet
    • Dimensions: 18X9
    Bedroom 2
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Bedroom 3
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Dining room
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Kitchen
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 13X15
    Living room
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14X13
    Office
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10X13
    Utility room
    • Features: Other
    • Level: Basement
    • Area: 644 Square Feet
    • Dimensions: 23X28
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
    • Laundry: Upper Level
    Features
    • Eat-in Kitchen, Walk-In Closet(s)
    • Basement: Daylight
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Non Functional
    Interior area
    • Total structure area: 2,358
    • Total interior livable area: 2,358 sqft
    • Finished area below ground: 101

    Property

    Parking
    • Parking features: Carport, Detached
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck
    Lot
    • Size: 6,098 Square Feet
    • Features: Sidewalks, Mature Trees
    Details
    • Parcel number: 490613125056000801
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Cement Siding, Wood Siding
    • Foundation: Block, Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $119/sqft
    • Tax assessed value: $186,900
    • Annual tax amount: $2,064
    • Date on market: 9/3/2026
    • Cumulative days on market: 52 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/6/2026Sold$281,500-4.6%$119/sqft
    Source: MIBOR as distributed by MLS GRID #22123197 Report a problem
    10/25/2026Pending sale$295,000$125/sqft
    Source: MIBOR as distributed by MLS GRID #22123197 Report a problem
    10/8/2026Price change$295,000-1.6%$125/sqft
    Source: MIBOR as distributed by MLS GRID #22123197 Report a problem
    9/16/2026Price change$299,900-6.3%$127/sqft
    Source: MIBOR as distributed by MLS GRID #22123197 Report a problem
    9/3/2026Listed for sale$320,000+170%$136/sqft
    Source: MIBOR as distributed by MLS GRID #22123197 Report a problem
    8/22/2017Sold$118,500-5.6%$50/sqft
    Source: MIBOR as distributed by MLS GRID #21500251 Report a problem
    7/19/2017Price change$125,500-15.5%$53/sqft
    Source: Indianapolis/Carmel #21500251 Report a problem
    7/14/2017Listed for sale$148,500+118.7%$63/sqft
    Source: Keller Williams Indy Metro N #21500251 Report a problem
    6/12/2003Sold$67,900$29/sqft
    Source: MIBOR as distributed by MLS GRID #2318158 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,987 +9.6%$186,900 +9.8%
    2024$1,813 -5.6%$170,200 +7.1%
    2023$1,920 +9.8%$158,900 -1.6%
    2022$1,748 +9.5%$161,500 +7.6%
    2021$1,596 +3.5%$150,100 +9.3%
    2020$1,542 +1.3%$137,300 +4.7%
    2019$1,522 +79.8%$131,100 +1.9%
    2018$847 -51.8%$128,600 +33.7%
    2017$1,755 +5.2%$96,200 +18.6%
    2016$1,669 -8.8%$81,100 -4.1%
    2014$1,829 -37.4%$84,600 +10.6%
    2013$2,923 $76,500 -41.3%
    2012$2,923 $130,300 +23.7%
    2011-- $105,300
    2010$2,189 -5.1%$105,300 -2.7%
    2009$2,306 $108,200 +25.7%
    2007-- $86,100 +5.5%
    2006-- $81,600 +49.7%
    2005-- $54,500
    2004-- $54,500
    Find assessor info on the county website

    Neighborhood: Meridian Kessler

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $281,500

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    Estimated market value

    $281,500