38-40 Hendricks Pl
Indianapolis, IN 46201
Near Eastside- 2 Beds
- 2 Baths
$333,000
as of Aug 5, 2026
$333,000
as of Aug 5, 2026
2 Beds
2 Baths
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1927
About this House
Near Eastside, downtown duplex! 2bed 2bath per side; Perfect for you to live on 1 side & generate income from a tenant on the other or place 2 tenants for cash flow. Recent improvements include new roof, pex plumbing, subfloor, LVP flooring, carpet, paint, down 2 studs remodeled kitchens & tiled baths, light fixtures, mini-split a/c units. This property comes move in ready w new stainless steel appliances and washer / dryer sets. New gravel parking lot for multiple cars. Appreciation opportunity with a new home being built directly behind you! Walk to Neidhammer Coffee Co. Conveniently commute in & out of downtown on Washington St. Just north of New Twin Aire Development. 7 min drive to Mass Ave & Ft Square fun!
38-40 Hendricks Pl, Indianapolis, IN 46201 is a 2 bedroom, 2 bathroom multi-family in Near Eastside, built in 1927. It last sold for $333,000 on Jul 31, 2023 (2% above the $325,000 asking price). More recently, it was listed as a rental in May 2025 with an asking price of $1,800 per month. That rental listing was removed on June 2, 2025. It is currently off market. The Trulia Estimate is $333,000, with a rent estimate of $1,153/month.
Home Details for 38-40 Hendricks Pl
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MLS Status: Sold |
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2 |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
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Frontage Road Frontage: Not Applic |
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Cumulative Days on Market: 5 |
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Year Built Year Built: 1927 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Duplex |
Building Not a New Construction |
Property Information Parcel Number: 491006159063000101 |
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Price List Price: $325,000 |
Status Change & Dates Off Market Date: Mon Jul 10 2023Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: State Plaza |
School Information High School District: Indianapolis Public Schools |
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Lot Area: 3920.4 sqft |
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BasementMls Number: 21930776 |
Last check for updates: about 4 hours ago
Listed by Tyler Willis, (317) 353-4762
@properties
Bought with: Lorie Blythe, (317) 501-2298, The Stewart Home Group
Source: MIBOR as distributed by MLS GRID, MLS#21930776

Price History for 38-40 Hendricks Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 06/02/2025 | $1,800 | ListingRemoved | Zillow Rentals |
| 05/19/2025 | $1,800 | Listed For Rent | Zillow Rentals |
| 07/31/2023 | $333,000 | Sold | MIBOR as distributed by MLS GRID #21930776 |
| 07/12/2023 | $325,000 | Pending | MIBOR as distributed by MLS GRID #21930776 |
| 07/06/2023 | $325,000 | Listed For Sale | MIBOR as distributed by MLS GRID #21930776 |
Market trends in Near Eastside
Last updated June 2026
Avg. sale price
$182K
$17.17KMoM
Sale-to-List Price
97.8%
0.3%MoM
Price per sq ft
$100
$6MoM
Available listings
271
9MoM
Comparable Sales for 38-40 Hendricks Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $360,000 | 07/24/26 | 2 | 2 | - | |
0.23 | Multi-Family Home | $283,000 | 06/23/26 | 3 | 2 | - | |
0.22 | Multi-Family Home | $260,000 | 03/31/26 | 3 | 2 | - | |
0.04 | Multi-Family Home | $225,000 | 07/09/26 | 1 | 1 | - | |
0.39 | Multi-Family Home | $505,000 | 06/23/26 | 2 | 2 | - | |
0.26 | Multi-Family Home | $475,000 | 07/22/26 | 3 | 2 | - | |
0.32 | Multi-Family Home | $115,000 | 03/13/26 | 3 | 2 | - | |
0.08 | Multi-Family Home | $357,000 | 04/27/26 | 8 | 4 | - | |
0.25 | Multi-Family Home | $321,050 | 06/10/26 | 4 | 3 | - | |
0.37 | Multi-Family Home | $140,000 | 04/16/26 | 2 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 38-40 Hendricks Pl.
What Locals Say about Near Eastside
At least 259 Trulia users voted on each feature.
89 % Say there are sidewalks
86 % Say yards are well-kept
77 % Say parking is easy
76 % Say it's dog friendly
74 % Say car is needed
72 % Say kids play outside
65 % Say there's holiday spirit
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
50 % Say it's walkable to grocery stores
47 % Say they plan to stay for at least 5 years
41 % Say there's wildlife
40 % Say streets are well-lit
38 % Say there are community events
35 % Say it's quiet
29 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 38-40 Hendricks Pl
Off Market Homes Near 38-40 Hendricks Pl

Based on information submitted to the MLS GRID as of 2026-08-04 14:13:06 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

