4545 E  38th St, Indianapolis, IN 46218
Property image
Property image
SOLD
MAY 1, 2026

4545 E 38th St
Indianapolis, IN 46218

Forest Manor
  • 2 Beds
  • 1 Bath
  • 2,304 sqft (on 0.42 acres)

$151,500

Last Sold: May 1, 2026
7% over list $141K
$66/sqft
Est. Refi. Payment $967/mo*

$151,500

Last Sold: May 1, 2026
7% over list $141K
$66/sqft
Est. Refi. Payment $967/mo*
2 Beds
1 Bath
2,304 sqft
(on 0.42 acres)

Local Information

  • Map ViewExplore the area around 4545 E 38th St.
  • Schools4 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Fantastic starter home or investment property, priced well for you to add your custom touches. The 2020 kitchen remodel included new flooring, subway tile backsplash, stainless steel appliances, and a gas range. 16x20 step-down family room has access to both the driveway and the backyard. The full unfinished basement has lots of opportunities for finishing to your personal tastes and needs. Washer & Dryer stay with the home. New furnace in 2021, Water heater in 2022. The woodworker or hobbyist will love the large workshop, which was formerly the garage. Fully fenced backyard houses raised beds for a variety of garden crops. A smaller fenced area could be used as a dog run or chicken coop. No HOA. Access to the IndyGo Purple Line is just a block away. Close to major roads, just 3 miles from both Meridian and 465. Home is being sold As Is, bring your best offer.
4545 E 38th St, Indianapolis, IN 46218 is a 2 bedroom, 1 bathroom, 2,304 sqft single-family home in Forest Manor, built in 1940. It last sold for $151,500 on May 1, 2026 (7% above the $141,000 asking price). It is currently off market. The Trulia Estimate is $152,300, with a rent estimate of $1,183/month.

Home Highlights

Parking
No Info
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$66/sqft
Listed
106 days ago

Home Details for 4545 E 38th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2304 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, WasherDishwasherDisposalDryerLaundry: Connections All,In Basement,SinkRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living RoomHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One
Security
Security: Security System

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFencing: Fenced, FullFoundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490721136232000101

Price & Status

Price
List Price: $141,000Price Per Sqft: $66/sqft
Status Change & Dates
Off Market Date: Mon Apr 06 2026Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 2304 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.42 acres

Listing Info

Special Conditions: As Is

Miscellaneous

BasementMls Number: 22091369
Last check for updates: about 14 hours ago
Listed by Cole Grayson
F.C. Tucker Company
Sara Purdue
F.C. Tucker Company
Bought with: Eric Middleton, Middland Real Estate, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22091369

Price History for 4545 E 38th St

DatePriceEventSource
05/01/2026$151,500Sold
MIBOR as distributed by MLS GRID #22091369
04/07/2026$141,000PendingMIBOR as distributed by MLS GRID #22091369
04/03/2026$141,000Listed For SaleMIBOR as distributed by MLS GRID #22091369
08/19/2021$140,000Sold
MIBOR as distributed by MLS GRID #21791465
07/07/2021$145,000PendingMIBOR as distributed by MLS GRID #21791465
06/19/2021$145,000Listed For SaleMIBOR as distributed by MLS GRID #21791465
10/19/2020$68,559Sold
N/A
11/22/2019$900Sold
N/A
09/22/2017$83,000Sold
MIBOR as distributed by MLS GRID #21510256
09/22/2017$85,000PendingToActiveAgent Provided
09/08/2017$85,000PendingAgent Provided
08/30/2017$85,000Listed For SaleAgent Provided

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18K
MoM
Sale-to-List Price
99.2%
0.5%
MoM
Price per sq ft
$143
$3
MoM
Available listings
3885
69
MoM
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Property Tax and Assessment

Year2025
Tax$1,436
Assessment$166,200
Home facts updated by county records

Comparable Sales for 4545 E 38th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.27
Single-Family Home
$115,500
07/17/26
2
1
2,192
0.28
Single-Family Home
$141,600
09/26/25
2
1
1,784
0.39
Single-Family Home
$181,000
10/08/25
2
1
1,586
0.23
Single-Family Home
$147,000
09/19/25
2
1
1,592
0.20
Single-Family Home
$122,800
01/23/26
2
1
1,728
0.27
Single-Family Home
$150,000
12/16/25
3
1
2,256
0.23
Single-Family Home
$85,500
04/20/26
2
1
2,088
0.31
Single-Family Home
$130,000
02/26/26
3
1
2,336
0.23
Single-Family Home
$180,000
05/01/26
3
1.5
1,800

Nearby homes

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Assigned Schools

These are the assigned schools for 4545 E 38th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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."
  • Meetthefarrs
    "Love it the fact that I have grown in this neighborhood. Things have changed but thenoewve is still in the neighborhood "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 4545 E 38th St

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Off Market Homes Near 4545 E 38th St

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Based on information submitted to the MLS GRID as of 2026-07-18 02:18:03 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