3427 E  38th St, Indianapolis, IN 46218
Property image
Property image
OFF MARKET

3427 E 38th St
Indianapolis, IN 46218

Meadows
  • 4 Beds
  • 2 Baths
  • 3,488 sqft (on 0.30 acres)

$192,200

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $1,207/mo*

$192,200

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $1,207/mo*
4 Beds
2 Baths
3,488 sqft
(on 0.30 acres)

Local Information

  • Map ViewExplore the area around 3427 E 38th St.
  • Schools3 Preschool Schools4 Elementary Schools3 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Large Cape Cod home just east of Indiana State Fairgrounds. This 4 bed, 2 bath home has a fantastic layout with large rooms, 2 fireplaces, original hardwood flooring, and full unfinished basement. Large 2 car garage with extra storage space. Needs work but priced accordingly.
3427 E 38th St, Indianapolis, IN 46218 is a 4 bedroom, 2 bathroom, 3,488 sqft single-family home in Meadows, built in 1940. It last sold for the $124,900 asking price on Sep 14, 2023. More recently, it was listed as a rental in January 2025 with an asking price of $2,600 per month. That rental listing was removed on January 31, 2025. It is currently off market. The Trulia Estimate is $192,200, with a rent estimate of $1,871/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 3427 E 38th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Living Room, Play Room
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3488 Square Feet
Appliances & Utilities
Appliances: Gas Oven
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Wood BurningHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Foundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached

Days on Market

Cumulative Days on Market: 12

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Cape Cod
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 490720109014000101

Price & Status

Price
List Price: $124,900
Status Change & Dates
Off Market Date: Tue Aug 22 2023Possession Timing: Negotiable

Location

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

Building

Building Area
Building Area: 3488 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.30 acres

Listing Info

Special Conditions: As Is

Miscellaneous

BasementMls Number: 21919614Attic: Access Only
Last check for updates: about 13 hours ago
Listed by Barry Hines
Realty Wealth Advisors
Bought with: Julien Mills, Ocean Air Realty
Source: MIBOR as distributed by MLS GRID, MLS#21919614

Price History for 3427 E 38th St

DatePriceEventSource
01/31/2025$2,600ListingRemovedZillow Rentals
01/14/2025$2,600Listed For RentZillow Rentals
12/28/2024$2,600ListingRemovedZillow Rentals
12/20/2024$2,600Listed For RentZillow Rentals
09/14/2023$125,000Sold
MIBOR as distributed by MLS GRID #21919614
08/24/2023$124,900PendingMIBOR as distributed by MLS GRID #21919614
08/19/2023$124,900PendingToActiveMIBOR as distributed by MLS GRID #21919614
05/24/2023$124,900PendingMIBOR as distributed by MLS GRID #21919614
05/20/2023$124,900PendingToActiveMIBOR as distributed by MLS GRID #21919614
05/09/2023$124,900PendingMIBOR as distributed by MLS GRID #21919614
05/05/2023$124,900Listed For SaleMIBOR as distributed by MLS GRID #21919614
12/23/2015$825ListingRemovedAgent Provided
12/14/2015$825PriceChange
Agent Provided
11/19/2015$875Listed For RentAgent Provided
09/11/2015$875ListingRemovedAgent Provided
09/10/2015$875Listed For RentAgent Provided
04/08/2014$875ListingRemovedAgent Provided
12/10/2013$875PriceChange
Agent Provided
11/12/2013$855Listed For RentAgent Provided
12/06/2012$815ListingRemovedAgent Provided
12/01/2012$815Listed For RentAgent Provided
02/21/2012$2,301Sold
N/A

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18K
MoM
Sale-to-List Price
99.2%
0.5%
MoM
Price per sq ft
$143
$3
MoM
Available listings
3885
69
MoM
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Property Tax and Assessment

Year2025
Tax$3,097
Assessment$142,900
Home facts updated by county records

Comparable Sales for 3427 E 38th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.24
Single-Family Home
$202,900
02/09/26
4
2
2,510
0.09
Single-Family Home
$220,000
09/12/25
5
2
2,280
0.28
Single-Family Home
$105,000
06/11/26
4
1.5
2,080
0.31
Single-Family Home
$170,000
01/02/26
4
1.5
1,842
0.15
Single-Family Home
$219,000
06/18/26
4
2
1,728
0.02
Single-Family Home
$150,500
03/25/26
2
1
1,568
0.42
Single-Family Home
$154,000
10/03/25
2
1.5
2,514
0.38
Single-Family Home
$125,000
10/27/25
3
1.5
1,179
0.32
Single-Family Home
$224,900
11/26/25
3
2
2,240
0.31
Single-Family Home
$212,000
09/30/25
3
2
1,494

Nearby homes

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Assigned Schools

These are the assigned schools for 3427 E 38th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

  • 79 % Say car is needed

  • 72 % Say there are sidewalks

  • 68 % Say it's walkable to grocery stores

  • 63 % Say it's dog friendly

  • 51 % Say it's walkable to restaurants

  • 51 % Say there's holiday spirit

  • 50 % 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

  • 40 % Say it's quiet

  • 32 % Say people would walk alone at night

  • 24 % 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."
  • 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"
  • 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 "
  • 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 "
  • 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"
  • Dena J.
    "Dogs are usually on a leash. Dog owner’s should not have a problem with other dogs in this neighborhood."
  • 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."
  • Julie L. C.
    "Nota horrible place to live. Not to much going on around, I know I am safe sitting outside. Not to busy."
  • Glentmoxley
    "The Family Dollar on 38th st use to get robbed every week. Now it's only once a month so it's improving. "
  • 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 "

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Homes for sale near 3427 E 38th St

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Off Market Homes Near 3427 E 38th St

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Based on information submitted to the MLS GRID as of 2026-07-19 09:48:05 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