402 E 38th St, Indianapolis, IN 46205
Property image
Property image
OFF MARKET

402 E 38th St
Indianapolis, IN 46205

Meridian Kessler
  • 6 Beds
  • 3.5 Baths
  • 5,345 sqft

$924,000

Trulia Estimate
as of Jul 11, 2026
Est. Refi. Payment $5,511/mo*
Refinance Your Home

$924,000

Trulia Estimate
as of Jul 11, 2026
Est. Refi. Payment $5,511/mo*
Refinance Your Home
6 Beds
3.5 Baths
5,345 sqft

Local Information

  • Map ViewExplore the area around 402 E 38th St.
  • Schools3 Preschool Schools5 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

This spacious home offers 6 bedrooms, and 2 kitchens, and 3.5 baths, perfect for 2 generation family, or conversion to a Duplex. The home has nice features like hardwood floors , granite kitchen tops, newer dual furnaces, and designated parking. Selling "as is". Zoning is D-9 which permits multi-family, nursing home, group home, and assisted living home etc.
402 E 38th St, Indianapolis, IN 46205 is a 6 bedroom, 4 bathroom, 5,345 sqft single-family home in Meridian Kessler, built in 1920. It last sold for $295,000 on Jul 19, 2023 (8% below the $320,000 asking price). It is currently off market. The Trulia Estimate is $924,000, with a rent estimate of $3,469/month.

Home Highlights

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

Home Details for 402 E 38th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 21Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bonus Room, Kitchen
Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 5345 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater, Electric Oven
Heating & Cooling
Heating: Electric,Forced AirHas CoolingHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood

Exterior Features

Exterior Home Features
Exterior: BalconyFoundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Aggregate

Days on Market

Cumulative Days on Market: 302

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Multi Level
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490613104017000801

Price & Status

Price
List Price: $320,000
Status Change & Dates
Off Market Date: Tue Jun 27 2023Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 5345 Square Feet

Community

Community Features: Sidewalks

HOA

No HOA

Lot Information

Lot Area: 9583.2 sqft

Miscellaneous

BasementMls Number: 21925029

Additional Information

Sidewalks
Last check for updates: about 5 hours ago
Listed by Chizuki Lothamer, (317) 447-2372
@properties
Bought with: Joel Mathews, @properties
Source: MIBOR as distributed by MLS GRID, MLS#21925029

Price History for 402 E 38th St

DatePriceEventSource
07/19/2023$295,000Sold
MIBOR as distributed by MLS GRID #21925029
06/28/2023$320,000PendingMIBOR as distributed by MLS GRID #21925029
06/22/2023$320,000PriceChange
MIBOR as distributed by MLS GRID #21925029
06/11/2023$360,000Listed For SaleMIBOR as distributed by MLS GRID #21925029

Market trends in Meridian Kessler

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$498K
$31.33KMoM
Sale-to-List Price
99.9%
Price per sq ft
$181
$1MoM
Available listings
64
2MoM
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Property Tax and Assessment

Year2025
Tax$9,881
Assessment$436,500
Home facts updated by county records

Comparable Sales for 402 E 38th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3837 Central Ave, Indianapolis, IN
0.08
Single-Family Home
$370,000
06/24/26
4
3
3,155
609 E 37th St, Indianapolis, IN
0.23
Single-Family Home
$197,000
07/31/25
5
3.5
3,818
415 Ruskin Pl, Indianapolis, IN
0.08
Single-Family Home
$285,000
10/20/25
4
3
3,228
3840 N Washington Blvd, Indianapolis, IN
0.12
Single-Family Home
$679,375
07/25/25
5
4
5,920
561 E 37th St, Indianapolis, IN
0.22
Single-Family Home
$390,000
03/09/26
4
3
3,963
410 E 37th St, Indianapolis, IN
0.11
Single-Family Home
$420,000
05/01/26
4
2.5
3,081
3822 N Washington Blvd, Indianapolis, IN
0.10
Single-Family Home
$655,500
02/13/26
4
3.5
3,349
3702 Central Ave, Indianapolis, IN
0.11
Single-Family Home
$429,900
02/13/26
3
2.5
3,480
3828 Ruckle St, Indianapolis, IN
0.10
Single-Family Home
$579,500
12/11/25
4
2.5
3,332
317 E 37th St, Indianapolis, IN
0.14
Single-Family Home
$269,000
08/20/25
3
2.5
3,076

Nearby homes

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Assigned Schools

These are the assigned schools for 402 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

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

What Locals Say about Meridian Kessler

At least 73 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

  • 83 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 77 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 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.
  • Trulia User
    "cool people cool stuff. biscuits and gravy car club Saturdays. farmers market is pretty 😎 and the park is one of a kind. "
    0
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  • Trulia User
    "The school down the road has a French festival and the state fair grounds has events all year around."
    0
    Flag
  • Trulia User
    "Great places to walk. Lots of dog-friendly places to take your pup for dinner. Some of the yards can be a bit small."
    0
    Flag
  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
    0
    Flag
  • Trulia User
    "The streets in the area are busy so be cautious. Friendly neighborhood. Walk to grocery stores, restaurants and schools. Neighbors look after each other so you feel very safe. "
    0
    Flag
  • J J. O.
    "it's a dog friendly neighborhood. Dog's are well maintained and so are the lawns owners have control over their pets "
    0
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  • Ratay.torrey
    "There are lots of families with dogs around this area and many patios are dog friendly. People generally clean up after their dogs well, also."
    0
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  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
    0
    Flag
  • Karla
    "Saint Joan of Arc festival and Sausage Festival are great! Jazz fest at jazz kitchen is one of my favorite weekends."
    2
    Flag
  • Juliet M.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
    0
    Flag
  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
    1
    Flag
  • Mbc3muller
    "Our dogs frolic in a fenced yard with 300 feet of treed shade. They run the fence with our neighbor dogs on either side. Lots of people walk their dogs on the side walk out front. We are a dog friendly area. Everyone picks up after their dogs, and most keep their pets out of the flowers. "
    1
    Flag
  • Jerry W. T. J.
    "Commute to downtown is painful for past 18 months, perhaps construction being finished will help. Red line bus could be the answer."
    0
    Flag
  • Paige O.
    "Close to everything. Clean. Diverse. Is in a safe bubble. Loving neighbors. A million parks near by. Ideal to raise a child here. "
    0
    Flag
  • Kyfoster
    "Accessible to parks, monon trail. Lots of dog friendly people in the area. Many restaurants are dog friendly as well especially in the summer time. "
    0
    Flag
  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
    0
    Flag
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
    0
    Flag
  • Jesse k.
    "The yards in this neighborhood typically aren't huge but we're close to the Monon trail, so a great place for walks."
    0
    Flag
  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
    Flag
  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
    0
    Flag
  • Ktspitler
    "Our neighborhood has a little bit of everything! Friendly, downtown feel, restaurants and shops in walking distance, old homes with lots of character...there is turkey not another neighborhood like it in the area. Schools are within walking distance and neighbors are always outside ready for a friendly chat!"
    0
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  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
    0
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  • Andy P.
    "I've lived in the area for almost four years, and there is no where else in Indy I'd rather be. You can walk to anything! Shopping, restaurants, green space, schools -- you name it! "
    0
    Flag
  • Mary
    "Houses in SoBro, near 46th & Winthrop are great for active families. Meridian Kessler little league is running almost every evening on the diamonds at the school for the deaf (on 46th). Across the street is Aresenal Park. On a sunny Sunday & often throughout the week there are bike polo matches, pick up basketball, ultimate frisbee, soccer, Indy Parks area for outdoor parties & the play area for kids, including a splash park in the summer! There's also development in nearby businesses along College, The Monon & 46th. Surely a great area to live. I've lived in the area for 3+ years now & haven't had any dangerous interactions with anyone. The crime seems to be isolated to the houses / apartments where folks are up to no good."
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  • lbisser
    "Excellent schools - Center for Inquiry and Immaculate Heart of Mary in walking distance. Friendly neighborhood walking biking pet friendly - near Broad Ripple dog park, and The Riviera Club for fitness and swimming and social life"
    0
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  • pacificsky71
    "Wow, loved it. Traffic was a bit much but after a month I didnt even notice. Was so nice to live only a few minutes from down town and a few minutes from broadripple. Neightbors were best I have ever lived near. "
    0
    Flag

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Homes for sale near 402 E 38th St

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Off Market Homes Near 402 E 38th St

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Based on information submitted to the MLS GRID as of 2026-07-10 16:33:21 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