4501 E 38th St, Indianapolis, IN 46218
OFF MARKET

$196,000

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 1,964 sqft (on 0.50 acres)

4501 E 38th St, Indianapolis, IN 46218

Forest Manor
Est. Refi. Payment $1,238/mo*
Refinance Your Home

Home Value

Trulia Estimate
$196K
Since last month
Decreased$2K (-1%)
Since last year
Decreased$30K (-13.3%)
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 +73% in the last 10 years
MonthEstimated value
2026
August 2026$196K
July 2026$198K
June 2026$201K
May 2026$213K
April 2026$204K
March 2026$209K
February 2026$212K
January 2026$198K
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
4545 E 38th St, Indianapolis, IN
0.08
Single-Family Home
$151,500
05/01/26
2
1
2,304
4435 E 38th St, Indianapolis, IN
0.05
Single-Family Home
$235,000
09/30/25
4
2
3,270
3941 Arthington Blvd, Indianapolis, IN
0.29
Single-Family Home
$115,500
07/17/26
2
1
2,192
4301 E 38th St, Indianapolis, IN
0.12
Single-Family Home
$195,000
08/17/26
4
1.5
3,123
4419 E 36th St, Indianapolis, IN
0.23
Single-Family Home
$97,500
12/03/25
3
1
1,976
3601 N Colorado Ave, Indianapolis, IN
0.23
Single-Family Home
$150,000
12/16/25
3
1
2,256
4325 E 42nd St, Indianapolis, IN
0.52
Single-Family Home
$163,000
12/11/25
3
1
1,692
3912 Wallace Ave, Indianapolis, IN
0.28
Single-Family Home
$180,000
05/01/26
3
1.5
1,800
4917 E 39th St, Indianapolis, IN
0.36
Single-Family Home
$141,600
09/26/25
2
1
1,784
3665 N Colorado Ave, Indianapolis, IN
0.18
Single-Family Home
$85,500
04/20/26
2
1
2,088

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
4460 E 38th Street North Dr, Indianapolis, IN 46218
0.06
$131,300
3
1
960
Off Market
3713 N Linwood Ave, Indianapolis, IN 46218
0.07
$182,600
3
1
2,376
Off Market
3730 N Linwood Ave, Indianapolis, IN 46218
0.07
$186,500
2
1
1,732
Off Market
4545 E 38th St, Indianapolis, IN 46218
0.08
$151,500
2
1
2,304
Recently Sold
4435 E 38th St, Indianapolis, IN 46218
0.05
$235,800
4
2
3,270
Off Market
3744 Manor Ct, Indianapolis, IN 46218
0.11
$164,900
2
1
1,904
Off Market
4512 E 38th Street North Dr, Indianapolis, IN 46218
0.10
$190,800
3
2
1,200
Off Market
4424 E 37th St, Indianapolis, IN 46218
0.10
$229,000
3
1.5
2,328
Recently Sold
3730 N Euclid Ave, Indianapolis, IN 46218
0.09
$154,500
3
1
1,944
Off Market
4525 E 37th St, Indianapolis, IN 46218
0.13
$111,000
3
1.5
2,208
Off Market
7454 Manor Lake Ln, Indianapolis, IN 46268
0.14
$354,900
5
3
2,460
Off Market
7417 Manor Lake Ln, Indianapolis, IN 46268
0.14
$343,700
5
3
2,460
Off Market

Local Information

  • Map ViewExplore the area around 4501 E 38th St.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Lot Size
0.5 acres
Living Area
1,964 sqft
Price/Sqft
$100
Parking
Garage

About this House

This single-family home is located at 4501 E 38th St, Indianapolis, IN. 4501 E 38th St is in the Forest Manor neighborhood in Indianapolis, IN and in ZIP code 46218. This property has 4 bedrooms, 1 bathroom and approximately 1,964 sqft of floor space. This property has a lot size of 0.50 acres and was built in 1950.
4501 E 38th St, Indianapolis, IN 46218 is a 4 bedroom, 1 bathroom, 1,964 sqft single-family home in Forest Manor, built in 1950. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $196,000, with a rent estimate of $1,645/month.

Home Details for 4501 E 38th St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 12Types of Rooms: Family Room, Recreation Room
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1950Year Updated: 1973
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.50 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,378
$255,100
Home facts updated by county records

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM

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

Forest Manor
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Forest Manor

At least 25 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 88 % Say yards are well-kept

  • 72 % Say parking is easy

  • 69 % Say there's holiday spirit

  • 63 % Say it's dog friendly

  • 61 % Say kids play outside

  • 47 % Say there are sidewalks

  • 45 % Say neighbors are friendly

  • 44 % Say it's quiet

  • 37 % Say there's wildlife

  • 32 % Say they plan to stay for at least 5 years

  • 31 % Say it's walkable to restaurants

  • 29 % Say it's walkable to grocery stores

  • 27 % Say streets are well-lit

  • 22 % Say there are community events

  • 21 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Shayla P.
    "violent lately but also sometimes quiet. I also have quiet neighbors and a pretty cool street minus the potholes but all in all it's ok. some but not many children live on my block bit a lot of older people make it a little safer."
    24
    Flag
  • Meetthefarrs
    "Love it the fact that I have grown in this neighborhood. Things have changed but thenoewve is still in the neighborhood "
    6
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4501 E 38th St

  • What is 4501 E 38th St estimated to be worth?
    Trulia's estimated value for 4501 E 38th St in Indianapolis, IN is $196,000.
  • 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 $251K. That is up $10K from the prior month.
  • What do residents say about the Forest Manor neighborhood?
    Residents describe the Forest Manor neighborhood in Indianapolis, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Forest Manor, Indianapolis.
  • How big is the lot at 4501 E 38th St?
    The lot at 4501 E 38th St in Indianapolis, IN is about 0.50 acres (21,649 sq ft).
  • Does 4501 E 38th St have a garage?
    Yes, 4501 E 38th St in Indianapolis, IN has a garage.

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Off Market Homes Near 4501 E 38th St

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