104 E 38th St Indianapolis, IN 46205
Meridian Kessler NeighborhoodEstimated payment $2,202/month
Highlights
- Ranch Style House
- No HOA
- Breakfast Room
- Corner Lot
- Covered Patio or Porch
- Property is near bus stop
About This Home
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.
Listing Agent
Keller Williams Indy Metro S Brokerage Email: sold@forneygroup.com License #RB14051770 Listed on: 08/21/2025
Co-Listing Agent
Keller Williams Indy Metro S Brokerage Email: sold@forneygroup.com License #RB18002281
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,086
Year Built
- Built in 1910
Lot Details
- 12,978 Sq Ft Lot
- Corner Lot
Parking
- Common or Shared Parking
Home Design
- Ranch Style House
- Traditional Architecture
- Block Foundation
- Stucco
Interior Spaces
- 2,054 Sq Ft Home
- Breakfast Room
- Unfinished Basement
- Crawl Space
- Attic Access Panel
- Fire and Smoke Detector
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 5 Bedrooms
- 0.5 Bathroom
Schools
- Shortridge High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Property is near bus stop
Community Details
- No Home Owners Association
- Brodleigh Subdivision
Listing and Financial Details
- Tax Lot 41-42
- Assessor Parcel Number 490613115017000801
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2020 | $4,359 | $136,000 | $38,900 | $97,100 |
| 2019 | $3,906 | $131,600 | $38,900 | $92,700 |
| 2018 | $4,306 | $136,500 | $38,900 | $97,600 |
| 2017 | $3,779 | $135,200 | $38,900 | $96,300 |
| 2016 | $3,861 | $129,800 | $38,900 | $90,900 |
| 2014 | $4,621 | $161,000 | $38,900 | $122,100 |
| 2013 | $4,675 | $161,000 | $38,900 | $122,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | Price Changed | $349,000 | +2.9% | $170 / Sq Ft |
| 02/16/2026 02/16/26 | Price Changed | $339,000 | +6.3% | $165 / Sq Ft |
| 01/15/2026 01/15/26 | Price Changed | $319,000 | -8.8% | $155 / Sq Ft |
| 11/17/2025 11/17/25 | Price Changed | $349,900 | -2.8% | $170 / Sq Ft |
| 09/23/2025 09/23/25 | Price Changed | $360,000 | -4.0% | $175 / Sq Ft |
| 08/21/2025 08/21/25 | For Sale | $375,000 | -- | $183 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $149,102 | None Listed On Document |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22057303
APN: 49-06-13-115-017.000-801
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Ask me questions while you tour the home.