4038 E Edgewood Ave, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

4038 E Edgewood Ave
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 2 Baths
  • 1,815 sqft (on 0.55 acres)

$318,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,967/mo*
Refinance Your Home

$318,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $1,967/mo*
Refinance Your Home
3 Beds
2 Baths
1,815 sqft
(on 0.55 acres)

Home Value

Trulia Estimate
$319K
Since last month
Decreased$1K (-0.4%)
Since last year
Increased$2K (+0.5%)
Since last sale
Increased$158K (+98.9%)
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 +116% in the last 10 years
MonthEstimated value
2026
August 2026$318K
July 2026$320K
June 2026$321K
May 2026$318K
April 2026$316K
March 2026$309K
February 2026$308K
January 2026$299K
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
4140 E Cragmont Dr, Indianapolis, IN
0.32
Single-Family Home
$94,573
01/20/26
3
2
1,649
4407 Stone Mill Dr, Indianapolis, IN
0.29
Single-Family Home
$250,000
03/02/26
3
2
1,772
4307 Knoll Top Dr, Indianapolis, IN
0.20
Single-Family Home
$261,500
04/03/26
3
2
3,080
4038 Gray Arbor Way, Indianapolis, IN
0.22
Single-Family Home
$226,000
01/22/26
3
2
1,276
3902 Jekyll Ct, Indianapolis, IN
0.30
Single-Family Home
$310,000
12/31/25
3
2.5
2,571
3915 E Brunswick Ave, Indianapolis, IN
0.18
Single-Family Home
$239,000
12/15/25
3
2
1,212
3215 E Edgewood Ave, Indianapolis, IN
0.48
Single-Family Home
$225,000
09/29/25
3
2
2,738
4311 Stone Mill Dr, Indianapolis, IN
0.24
Single-Family Home
$228,000
10/20/25
4
3
1,848
4430 Dudley North Dr, Indianapolis, IN
0.50
Single-Family Home
$200,000
07/31/26
3
1.5
2,112
5773 Saint Simons Dr, Indianapolis, IN
0.18
Single-Family Home
$284,000
05/01/26
3
2
2,820

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
4001 Maple Manor Dr, Indianapolis, IN 46237
0.07
$270,000
3
2.5
1,654
For Sale
4215 E Brunswick Ave, Indianapolis, IN 46237
0.13
$261,300
3
1.5
1,440
Off Market
3916 E Edgewood Ave, Indianapolis, IN 46237
0.12
$297,900
3
2.5
1,805
Off Market
5825 Sapelo Dr, Indianapolis, IN 46237
0.16
$243,400
3
2
1,212
Off Market
5773 Saint Simons Dr, Indianapolis, IN 46237
0.18
$284,000
3
2
2,820
Recently Sold
4405 E Edgewood Ave, Indianapolis, IN 46237
0.15
$240,000
3
2
2,726
Off Market
3901 Maple Manor Dr, Indianapolis, IN 46237
0.15
$307,500
3
2.5
2,432
Off Market
3915 E Brunswick Ave, Indianapolis, IN 46237
0.18
$239,000
3
2
1,212
Recently Sold
6115 S Gray Rd, Indianapolis, IN 46237
0.15
$264,400
3
2
1,890
Off Market
4306 E Brunswick Ave, Indianapolis, IN 46237
0.20
$243,800
3
1.5
1,512
Off Market
4315 E Brunswick Ave, Indianapolis, IN 46237
0.19
$304,700
4
2
1,821
Off Market
4221 Stone Mill Dr, Indianapolis, IN 46237
0.22
$261,000
4
2.5
1,666
Off Market

Local Information

  • Map ViewExplore the area around 4038 E Edgewood Ave.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1967
Lot Size
0.55 acres
Living Area
1,815 sqft
Price/Sqft
$176
Parking
Garage

About this House

This single-family home is located at 4038 E Edgewood Ave, Indianapolis, IN. 4038 E Edgewood Ave is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 2 bathrooms and approximately 1,815 sqft of floor space. This property has a lot size of 0.79 acres and was built in 1967.
4038 E Edgewood Ave, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,815 sqft single-family home in South Emerson, built in 1967. It last sold for $160,000 on Aug 30, 2002. It is currently off market. The Trulia Estimate is $318,700, with a rent estimate of $1,910/month.

Home Details for 4038 E Edgewood Ave

Interior Features

Interior Details
BasementAdditional StorageAtticNumber of Rooms: 8Types of Rooms: Walk In Closet, Breakfast Nook, Family Room, Master Bath, Sun RoomStorageCeiling Fan
Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood, Laminate
Appliances & Utilities
Cable ReadyDishwasherDisposal
Fireplace & Spa
FireplaceJetted Bath Tub
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: BrickFoundation Type: Crawl RaisedLawnPatioPorch
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1967Year Updated: 1967
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 0.55 acres

Additional Information

Intercom

Price and Tax history

DateEventPrice
Aug 30, 2002
Source: MIBOR as distributed by MLS GRID #2234484
Sold
$160,000

Market trends in South Emerson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$242K
Sale-to-List Price
99.9%
Price per sq ft
$155
Available listings
68
4MoM

Around this home

Neighborhood Overview

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

What Locals Say about South Emerson

At least 85 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 45 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
    0
    Flag
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
    0
    Flag
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
    6
    Flag
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
    1
    Flag
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
    3
    Flag
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
    4
    Flag
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
    37
    Flag
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
    2
    Flag
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
    2
    Flag
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
    1
    Flag
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
    3
    Flag
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
    1
    Flag
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4038 E Edgewood Ave

  • What is 4038 E Edgewood Ave estimated to be worth?
    Trulia's estimated value for 4038 E Edgewood Ave in Indianapolis, IN is $318,700.
  • What is the price history for 4038 E Edgewood Ave?
    4038 E Edgewood Ave in Indianapolis, IN last sold for $160,000 in August 2002.
  • 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 $242K.
  • Does 4038 E Edgewood Ave have air conditioning?
    Yes, 4038 E Edgewood Ave in Indianapolis, IN has air conditioning.
  • Does 4038 E Edgewood Ave have a pool?
    Yes, 4038 E Edgewood Ave in Indianapolis, IN has a pool.

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Off Market Homes Near 4038 E Edgewood Ave

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