104 E 38th St
Indianapolis, IN 46205
Meridian Kessler- 5 Beds
- 2 Baths
- 2,538 sqft (on 0.30 acres)
5 Beds
2 Baths
2,538 sqft
(on 0.30 acres)
Home Highlights
Outdoor
Yes
Price/Sqft
$118
Climate Control
Forced Air, Natural Gas & Central Air
Listed
180+ days ago
Local Information
-- mins to
About this House
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.
Last check for updates: about 8 hours ago
Listing Provided by: Eric Forney
Keller Williams Indy Metro Partners
Larisa Marcone
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID, MLS#22057303

Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 104 E 38th St
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MLS Status: Active |
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Interior Details Basement: UnfinishedNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (half): 2Number of Bathrooms (main level): 3 |
Dimensions and Layout Living Area: 2538 Square Feet |
Appliances & Utilities Appliances: None, Gas Water Heater |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
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Exterior Home Features Patio / Porch: CoveredFencing: Fenced, Front YardFoundation: Block, Crawl Space |
Parking & Garage Other Parking: Garage Parking Other(Common Lot)No CarportNo GarageNo Attached GarageParking: Common |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 345Days on Market: 180+ |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch,Traditional |
Building Construction Materials: StuccoNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 490613115017000801 |
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Price List Price: $299,000Price Per Sqft: $118 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: IndianapolisCommunity: Brodleigh |
School Information High School: Shortridge High SchoolHigh School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22057303 |
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Building Area Building Area: 2538 Square Feet |
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No HOA |
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Lot Area: 0.30 acres |
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Special Conditions: As Is |
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BasementMls Number: 22057303Attic: Access Only |
Around this home
What Locals Say about Meridian Kessler
At least 74 Trulia users voted on each feature.
96 % Say it's dog friendly
94 % Say there are sidewalks
92 % Say yards are well-kept
86 % Say parking is easy
85 % Say it's walkable to restaurants
84 % Say there's holiday spirit
82 % Say kids play outside
76 % Say streets are well-lit
76 % Say people would walk alone at night
73 % Say neighbors are friendly
72 % Say car is needed
68 % Say it's walkable to grocery stores
67 % Say they plan to stay for at least 5 years
63 % Say there are community events
51 % Say there's wildlife
46 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
Market trends in Indianapolis
Last updated July 2026
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
Home Value
Trulia Estimate
$290KSince last month
Decreased$75K (-20.7%)Since last year
Decreased$81K (-21.9%)Since last sale
Increased$140K (+94.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +42% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $290K |
| July 2026 | $365K |
| June 2026 | $385K |
| May 2026 | $384K |
| March 2026 | $340K |
| February 2026 | $339K |
| January 2026 | $307K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $390,000 | 05/01/26 | 3 | 2 | 2,957 | |
0.20 | Single-Family Home | $363,000 | 04/22/26 | 3 | 1.5 | 2,454 | |
0.45 | Single-Family Home | $180,000 | 03/17/26 | 4 | 1.5 | 2,598 | |
0.47 | Single-Family Home | $165,000 | 07/14/26 | 3 | 1.5 | 2,574 | |
0.25 | Single-Family Home | $370,000 | 06/24/26 | 4 | 3 | 3,155 | |
0.38 | Single-Family Home | $225,000 | 06/26/26 | 3 | 2 | 2,402 | |
0.22 | Single-Family Home | $285,000 | 10/20/25 | 4 | 3 | 3,228 | |
0.74 | Single-Family Home | $175,000 | 08/18/26 | 4 | 1.5 | 2,538 | |
0.22 | Single-Family Home | $420,000 | 05/01/26 | 4 | 2.5 | 3,081 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $983,400 | 6 | 5 | 4,816 | Off Market | |
0.06 | $390,000 | 3 | 2 | 2,957 | Recently Sold | |
0.08 | $412,600 | 3 | 2.5 | 3,376 | Off Market | |
0.09 | $518,900 | 4 | 2.5 | 3,003 | Off Market | |
0.07 | $583,300 | 5 | 4 | 5,215 | Off Market | |
0.09 | $326,000 | 4 | 1 | 3,378 | Off Market | |
0.07 | $610,200 | 4 | 2.5 | 4,320 | Off Market | |
0.09 | $655,500 | 4 | 3.5 | 3,349 | Recently Sold | |
0.09 | $480,000 | 3 | 1.5 | 3,076 | Off Market | |
0.09 | $798,800 | 4 | 2 | 5,162 | Off Market | |
0.11 | $408,800 | 4 | 3 | 3,834 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 7, 2026 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $299,000 Price decreased by 19% |
Jul 29, 2026 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $369,000 Price decreased by 5% |
May 26, 2026 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $389,000 Price increased by 11% |
May 21, 2026 Source: MIBOR as distributed by MLS GRID #22057303 | Pending | $349,000 |
Feb 18, 2026 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $349,000 Price increased by 3% |
Feb 16, 2026 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $339,000 Price increased by 6% |
Jan 15, 2026 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $319,000 Price decreased by 9% |
Nov 17, 2025 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $349,900 Price decreased by 3% |
Sep 23, 2025 Source: MIBOR as distributed by MLS GRID #22057303 | PriceChange | $360,000 Price decreased by 4% |
Aug 21, 2025 Source: MIBOR as distributed by MLS GRID #22057303 | Listed For Sale | $375,000 |
May 8, 2025 Source: N/A | Sold | $149,103 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,087 | $180,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eric Forney, Keller Williams Indy Metro Partners

Based on information submitted to the MLS GRID as of 2026-08-25 01:48:04 PDT. 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. Click here for more information
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Frequently asked questions about 104 E 38th St
- What is the estimated monthly payment for 104 E 38th St?Based on a $299,000 list price with 20% down at today's rates, the estimated monthly payment for 104 E 38th St in Indianapolis, IN is approximately $1,883 (about $1,569 principal & interest, $239 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 104 E 38th St compare to homes in Indianapolis?104 E 38th St in Indianapolis, IN is listed at $299,000, about 19% above the $251K median sale price in Indianapolis.
- What do residents say about the Meridian Kessler neighborhood?Residents describe the Meridian Kessler neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Meridian Kessler, Indianapolis.
- What are the closest schools to 104 E 38th St?The closest schools to 104 E 38th St in Indianapolis, IN are Arlington Community Middle School (rated 2/10), Arsenal Technical High School (rated 2/10), Broad Ripple Middle School - An IB World School (rated 3/10).
- Does 104 E 38th St have air conditioning?Yes, 104 E 38th St in Indianapolis, IN has air conditioning.
- Does 104 E 38th St have a yard?Yes, 104 E 38th St in Indianapolis, IN has a yard.
104 E 38th St, Indianapolis, IN 46205 is a 5 bedroom, 3 bathroom, 2,538 sqft single-family home built in 1910. 104 E 38th St is located in Meridian Kessler, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 21, 2025. The MLS # for this home is MLS# 22057303.

