$124,000
$11K PRICE DROP

7257 E 38th St Indianapolis, IN 46226

Arlington Woods Neighborhood

Estimated payment $869/month

Total Views 9,205
4 Beds
1.5 Baths
1,813 Sq Ft
$68 Price per Sq Ft

Highlights

  • Mature Trees
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Separate Formal Living Room
  • Formal Dining Room

About This Home

Rental property! Tenant pays $925 per month and lease expires 11/30/25 and is then month to month after. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. This is a working rental.

Listing Agent

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 09/24/2025

Co-Listing Agent

Quinn Demaree

Everhart Studio, Ltd. License #RB17000004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1954

Lot Details

  • 0.38 Acre Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Separate Formal Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Crawl Space
  • Attic Access Panel
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Hiawatha Gardens Subdivision

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 490724116002000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1954
  • Building Area Total: 2849
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 0.38
  • Subdivision Name: Hiawatha Gardens
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Wood Work Painted, Eat-in Kitchen
  • Living Area: 1813
  • Other Equipment: None
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1036
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 777

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 16422
  • Parcel Number: 490724116002000700
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 2604
  • Tax Lot: 192
  • Semi Annual Property Tax Amt: 1302

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $2,538 $113,200 $21,000 $92,200
2023 $2,538 $104,900 $10,200 $94,700
2022 $1,772 $75,000 $10,200 $64,800
2021 $1,537 $64,300 $10,200 $54,100
2020 $1,335 $55,200 $10,200 $45,000
2019 $1,333 $55,200 $10,200 $45,000
2018 $1,219 $50,200 $10,200 $40,000
2017 $1,085 $48,900 $10,200 $38,700
2016 $1,034 $46,500 $10,200 $36,300
2014 $924 $46,200 $10,200 $36,000
2013 $942 $47,100 $10,200 $36,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Price Changed $124,000 -3.9% $68 / Sq Ft
10/28/2025 10/28/25 Price Changed $129,000 -4.4% $71 / Sq Ft
09/24/2025 09/24/25 For Sale $135,000 -- $74 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Sheriffs Deed $38,250 None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22064714

MIBOR Broker Listing Cooperative®

APN: 49-07-24-116-002.000-700

Indiana Marion County Indianapolis 46226 Arlington Woods

7257 E 38th St, Indianapolis, IN

For Sale

Detached

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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Joe Everhart
Listing Agent
Joe Everhart
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Everhart Studio, Ltd.
(317) 747-3920