4233 E 38th St Indianapolis, IN 46218
Forest Manor NeighborhoodEstimated payment $2,251/month
Highlights
- Neighborhood Views
- Laundry Room
- Central Air
- 2 Car Detached Garage
- Closed Circuit Camera
About This Home
Great Opportunity to own a cash cow! Current rents total $3700 a month. The building was completely remodeled and updated in 2024. All new heat pumps with mini splits - Electric - Plumbing - Insulation - Windows - Roof - the list goes on. New Kitchens and Baths in every unit. Unit A is a 2 bedroom with small kitchen/living room & 1 bath. Unit B is a nice sized 2 bedroom with a decorative fireplace and large eat in kitchen. Unit C is a 2 story 3 bed 2 full bath unit. This unit has its own washer and dryer plus a decorative fireplace. The basement houses the 3 new water heaters & a coin op washer & dryer for unit A & B to use. The owner provides water & sewer.
Listing Agent
United Real Estate Indpls Brokerage Email: obanion.cathy@gmail.com License #RB14044353 Listed on: 07/28/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,404
Year Built
- Built in 1958 | Remodeled
Parking
- 2 Car Detached Garage
Home Design
- Triplex
- Split Level Home
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Multi-Level Property
- Neighborhood Views
- Unfinished Basement
- Partial Basement
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Home Security
- Closed Circuit Camera
- Fire and Smoke Detector
Schools
- Arlington Woods School 99 Elementary School
- Arsenal Technical High School
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Heat Pump System
Additional Features
- Exterior Lighting
- 12,000 Sq Ft Lot
Community Details
- Forest Manor Subdivision
Listing and Financial Details
- The owner pays for sewer, water
- Tax Lot 380
- Assessor Parcel Number 490721136072000101
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 |
|---|---|---|---|---|
| 2025 | $4,992 | $262,600 | $13,200 | $249,400 |
| 2024 | $4,700 | $179,200 | $13,200 | $166,000 |
| 2023 | $4,700 | $161,400 | $13,200 | $148,200 |
| 2022 | $5,490 | $161,400 | $13,200 | $148,200 |
| 2021 | $7,504 | $148,300 | $12,000 | $136,300 |
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2026 07/28/26 | For Sale | $299,900 | +1.7% | -- | |
| 02/07/2025 02/07/25 | Sold | $295,000 | 0.0% | -- | View Prior Sale |
| 01/25/2025 01/25/25 | For Sale | $295,000 | -- | -- |
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 |
|---|---|---|---|
| Warranty Deed | -- | Eagle Land Title | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $190,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22116906
APN: 49-07-21-136-072.000-101
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.