104 E 38th Street, Indianapolis, IN 46205

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1910
  • Listing ID #:22057303
  • Added:188 day(s) ago
  • Updated:February 25, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:1
  • Half bathrooms:1
  • Living area:2,054 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1910
  • Building area:2,054 sq. ft.
  • Lot area:0.3 Acres

Schools

  • High school:Shortridge High School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$349,000
  • Price per sq. ft.:$137.51
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 104 E 38th Street