3201 E 38th St, Indianapolis, IN 46218
SOLD
APR 22, 2026

3201 E 38th St
Indianapolis, IN 46218

Meadows
  • 4 Beds
  • 4 Baths

$120,000

Last Sold: Apr 22, 2026
14% below list $140K
Est. Refi. Payment $778/mo*
Refinance Your Home

$120,000

Last Sold: Apr 22, 2026
14% below list $140K
Est. Refi. Payment $778/mo*
Refinance Your Home
4 Beds
4 Baths

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Cash generating property! This is a four unit building. Apt #1 pays $500 per month. Apt #2 pays $500 per month. Apt#3 pays $750 per month. Apt #4 pays $500 per month! That is $2,250 per month. These are month to month leases. Seller pays utilities (electric, gas, water, sewer..) which averages out to $350-450 per month. Add this one to your portfolio! Cash only. 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. Property across the street at 3758 Lasalle also for sale.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 23, 2026

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 3201 E 38th St

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Frontage
Road Frontage: Access Rd

Days on Market

Cumulative Days on Market: 115

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, Quadruplex
Building
Not a New Construction
Property Information
Parcel Number: 490720111008000101

Price & Status

Price
List Price: $140,000
Status Change & Dates
Off Market Date: Thu Mar 26 2026

Location

Direction & Address
City: IndianapolisCommunity: Glencroft
School Information
High School District: Indianapolis Public Schools

Lot Information

Lot Area: 10454.4 sqft

Miscellaneous

BasementMls Number: 22075510
Last check for updates: about 5 hours ago
Listed by Joe Everhart
Everhart Studio, Ltd.
Quinn Demaree
Bought with: Joe Everhart, Everhart Studio, Ltd.
Co-Buyer's Agent: Quinn Demaree, (317) 701-0479, Everhart Studio, Ltd.
Source: MIBOR as distributed by MLS GRID, MLS#22075510

Price History for 3201 E 38th St

DatePriceEventSource
04/22/2026$120,000Sold
MIBOR as distributed by MLS GRID #22075510
03/26/2026$140,000PendingMIBOR as distributed by MLS GRID #22075510
02/23/2026$140,000PriceChange
MIBOR as distributed by MLS GRID #22075510
12/02/2025$149,000Listed For SaleMIBOR as distributed by MLS GRID #22075510
04/11/2013$75,000ListingRemovedAgent Provided
04/18/2012$75,000Listed For SaleAgent Provided
08/24/2000$43,900Sold
MIBOR as distributed by MLS GRID #2028520

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
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Property Tax and Assessment

Year2025
Tax$2,442
Assessment$113,400
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,204/mo
List your home for rent

Comparable Sales for 3201 E 38th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3758 N Lasalle St, Indianapolis, IN
0.02
Multi-Family Home
$120,000
04/22/26
3
3
-
3165 Station St, Indianapolis, IN
0.80
Multi-Family Home
$155,000
05/12/26
3
2
-
36-38 N Linwood Ave, Indianapolis, IN
0.89
Multi-Family Home
$68,000
05/18/26
4
4
-
3057-3059 N Gale St, Indianapolis, IN
0.90
Multi-Family Home
$135,000
08/15/25
4
2
-
3065 N Colorado Ave, Indianapolis, IN
1.16
Multi-Family Home
$115,000
07/21/25
4
2
-
2868 N Sherman Dr, Indianapolis, IN
1.19
Multi-Family Home
$250,000
04/24/26
6
4
-
2318 E 36th St, Indianapolis, IN
0.72
Multi-Family Home
$115,000
10/21/25
1
1
-
4012 E 31st St, Indianapolis, IN
1.08
Multi-Family Home
$190,000
09/24/25
6
3
-
3738 Hillside Ave, Indianapolis, IN
0.73
Multi-Family Home
$96,000
04/15/26
1
1
-

Nearby homes

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Assigned Schools

These are the assigned schools for 3201 E 38th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Meadows
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Meadows

At least 23 Trulia users voted on each feature.

  • 87 % Say yards are well-kept

  • 83 % Say kids play outside

  • 80 % Say parking is easy

  • 78 % Say car is needed

  • 72 % Say there are sidewalks

  • 67 % Say it's walkable to grocery stores

  • 63 % Say it's dog friendly

  • 51 % Say it's walkable to restaurants

  • 50 % Say there's holiday spirit

  • 49 % Say neighbors are friendly

  • 44 % Say streets are well-lit

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 38 % Say it's quiet

  • 30 % Say people would walk alone at night

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Ok. There’s sometimes too much traffic but, I guess that’s normal. Some traffic lights could be synced better. And they need to do something about the potholes in some of the central downtown area of Indianapolis. More turn signals could be added to some of these lights as well may I add. Other than that it really just depends on where you stay on how you feel how the area is. I can’t complain. Indianapolis is an amazing place to raise a beautiful family as well as go to school. Great learning opportunities and the nightlife is cool. It can get violet sometimes, especially with the youth right now, but I truly believe that Indianapolis can get better. It’s up to the elders, middle aged, and adults to come together to help our community come back togethers as one. It definitely takes a village for our youth so we might as well come back together as a village to finish helping grow our youth and younger generation into the smart people they can be."
    0
    Flag
  • Dawn Williams
    "I really like the neighborhood and the location, but I wish they would do a better job cleaning up the crime around here"
    0
    Flag
  • Leslie Brown
    "For their children to watch out for the stray dogs in the neighborhood and it’s a couple of parks for the kids to go to when it’s warm out and they have swimming pools as well "
    0
    Flag
  • Leslie Brown
    "The neighbors are friendly and people walk their dogs the dogs never bother anyone and I feel safe most the time. I’ve never had any problems "
    0
    Flag
  • Trulia User
    "It’s a quite neighborhood for the most part neighbors do watch out for each other. There is a church right on Schofield to attend and the schools are close by"
    0
    Flag
  • Dena J.
    "Dogs are usually on a leash. Dog owner’s should not have a problem with other dogs in this neighborhood."
    3
    Flag
  • Brandy J.
    "My neighborhood is quiet for the area i am in, and washington park is in walking distance. Also, the bus line is close for someone who takes the bus."
    0
    Flag
  • Julie L. C.
    "Nota horrible place to live. Not to much going on around, I know I am safe sitting outside. Not to busy."
    2
    Flag
  • Glentmoxley
    "The Family Dollar on 38th st use to get robbed every week. Now it's only once a month so it's improving. "
    80
    Flag
  • brandy j.
    "they look out for us. they would watch our house when we leave. we love how quiet it is. no one bothers you but they say hi and wave and a couole of them will ask how we are doing. it feels nice to. see people smile at you when your outside "
    1
    Flag

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Homes for sale near 3201 E 38th St

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Off Market Homes Near 3201 E 38th St

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Based on information submitted to the MLS GRID as of 2026-06-14 15:38:02 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
3201 E 38th St, Indianapolis, IN 46218 is a 4 bedroom, 4 bathroom multi-family built in 1925. 3201 E 38th St is located in Meadows, Indianapolis. This property is not currently available for sale. 3201 E 38th St was last sold on Apr 22, 2026 for $120,000 (14% lower than the asking price of $140,000).