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

$184,000

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

3427 E 38th St, Indianapolis, IN 46218

Meadows
Est. Refi. Payment $1,238/mo*
Refinance Your Home
Currently Off Market - Sold Sep 14, 2023 for $125,000

Home Value

Trulia Estimate
$184K
Since last month
Decreased$4K (-1.9%)
Since last year
Decreased$11K (-5.9%)
Since last sale
Increased$57K (+45.7%)
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 +422% in the last 10 years
MonthEstimated value
2026
September 2026$182K
August 2026$186K
July 2026$191K
June 2026$190K
May 2026$193K
April 2026$192K
March 2026$201K
February 2026$194K
January 2026$193K
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
3705 N Dearborn St, Indianapolis, IN
0.24
Single-Family Home
$202,900
02/09/26
4
2
2,510
3540 Adams St, Indianapolis, IN
0.28
Single-Family Home
$105,000
06/11/26
4
2
2,080
3613 N Dearborn St, Indianapolis, IN
0.29
Single-Family Home
$125,000
08/05/26
3
2
1,758
3526 Adams St, Indianapolis, IN
0.31
Single-Family Home
$170,000
01/02/26
4
1.5
1,842
3639 Adams St, Indianapolis, IN
0.15
Single-Family Home
$219,000
06/18/26
4
2
1,728
4301 E 38th St, Indianapolis, IN
0.63
Single-Family Home
$195,000
08/17/26
4
1.5
3,123
3748 N Olney St, Indianapolis, IN
0.02
Single-Family Home
$150,500
03/25/26
2
1
1,568
3440 N Lasalle St, Indianapolis, IN
0.42
Single-Family Home
$154,000
10/03/25
2
1.5
2,514
3737 N Chester Ave, Indianapolis, IN
0.40
Single-Family Home
$153,000
08/21/26
3
1.5
2,094
3624 N Parker Ave, Indianapolis, IN
0.38
Single-Family Home
$125,000
10/27/25
3
1.5
1,179

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
3749 N Olney St, Indianapolis, IN 46218
0.04
$91,800
2
1
1,726
Off Market
3748 N Olney St, Indianapolis, IN 46218
0.02
$150,500
2
1
1,568
Recently Sold
3415 E 38th St, Indianapolis, IN 46218
0.02
$125,000
2
1.5
2,048
For Sale
3745 Adams St, Indianapolis, IN 46218
0.04
$160,900
3
1
1,594
Off Market
3723 N Olney St, Indianapolis, IN 46218
0.08
$149,900
2
1
1,800
Recently Sold
3712 N Olney St, Indianapolis, IN 46218
0.09
$223,400
5
2
2,280
Off Market
3221 E 38th St, Indianapolis, IN 46218
0.08
$68,000
3
2
1,700
Off Market
3706 N Gale St, Indianapolis, IN 46218
0.12
$201,200
4
2
2,352
Off Market
3728 N Adams St, Indianapolis, IN 46218
0.10
$94,100
2
1
850
Off Market
3705 Adams St, Indianapolis, IN 46218
0.11
$159,900
4
3
2,028
For Sale
3710 Adams St, Indianapolis, IN 46218
0.12
$159,600
4
1
2,136
Off Market

Local Information

  • Map ViewExplore the area around 3427 E 38th St.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1940
0.3 acre lot
3,488 sqft
$53/sqft
Garage

About this House

What's unique:Finished basementModern finishesTwo bedrooms upstairsCharacter and original featuresHuge yard with privacy
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $184,000, with a rent estimate of $1,763/month.
Last check for updates: about 12 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

Home Details for 3427 E 38th St

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

Active Status

MLS Status: Sold

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

Price and Tax history

DateEventPrice
Jan 31, 2025
Source: Zillow Rentals
ListingRemoved
$2,600
Jan 14, 2025
Source: Zillow Rentals
Listed For Rent
$2,600
Dec 28, 2024
Source: Zillow Rentals
ListingRemoved
$2,600
Dec 20, 2024
Source: Zillow Rentals
Listed For Rent
$2,600
Sep 14, 2023
Source: MIBOR as distributed by MLS GRID #21919614
Sold
$125,000

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

Around this home

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

  • 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."
    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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-25 12:58:26 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

Frequently asked questions about 3427 E 38th St

  • What is 3427 E 38th St estimated to be worth?
    Trulia's estimated value for 3427 E 38th St in Indianapolis, IN is $184,000.
  • What is the price history for 3427 E 38th St?
    3427 E 38th St in Indianapolis, IN last sold for $125,000 in September 2023.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $257K. That is up $6.7K from the prior month.
  • How big is the lot at 3427 E 38th St?
    The lot at 3427 E 38th St in Indianapolis, IN is about 0.30 acres (13,068 sq ft).
  • Does 3427 E 38th St have a garage?
    Yes, 3427 E 38th St in Indianapolis, IN has a garage.

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