542 E 38th St #4, Indianapolis, IN 46205
OFF MARKET

542 E 38th St #4
Indianapolis, IN 46205

Meridian Kessler
  • 2 Beds
  • 1 Bath
  • 850 sqft

$424,800

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $2,597/mo*
Refinance Your Home

$424,800

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $2,597/mo*
Refinance Your Home
2 Beds
1 Bath
850 sqft

Local Information

  • Map ViewExplore the area around 542 E 38th St #4.
  • Schools3 Preschool Schools5 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Living Area
850 sqft
Price/Sqft
$500

About this House

This multi-family home is located at 542 E 38th St #4, Indianapolis, IN. 542 E 38th St #4 is in the Meridian Kessler neighborhood in Indianapolis, IN and in ZIP code 46205. This property has 2 bedrooms, 1 bathroom and approximately 850 sqft of floor space.
542 E 38th St #4, Indianapolis, IN 46205 is a 2 bedroom, 1 bathroom, 850 sqft multi-family in Meridian Kessler. More recently, it was listed as a rental in May 2019 with an asking price of $720 per month. That rental listing was removed on June 22, 2019. It is currently off market. The Trulia Estimate is $424,800, with a rent estimate of $1,151/month.

Home Details for 542 E 38th St #4

Property Information

Property Type / Style
Property Type: Multi Family

Price History for 542 E 38th St #4

DatePriceEventSource
06/22/2019$770ListingRemovedAgent Provided
06/18/2019$770PriceChange
Agent Provided
05/30/2019$720Listed For RentAgent Provided
09/23/2017$595ListingRemovedAgent Provided
08/22/2017$595Listed For RentAgent Provided
09/19/2014$565ListingRemovedAgent Provided
08/28/2014$565PriceChange
Agent Provided
08/20/2014$585Listed For RentAgent Provided

Market trends in Meridian Kessler

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$490K
$8.33KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$182
$1MoM
Available listings
70
6MoM
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Comparable Sales for 542 E 38th St #4

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3721 Salem St, Indianapolis, IN
0.54
Multi-Family Home
$389,000
01/07/26
3
1
1,408
3558 Guilford Ave, Indianapolis, IN
0.39
Multi-Family Home
$237,500
04/13/26
3
1
-
3902 Broadway St, Indianapolis, IN
0.14
Multi-Family Home
$387,500
11/07/25
5
2
-
3547 N Illinois St, Indianapolis, IN
0.67
Multi-Family Home
$302,000
05/15/26
2
1
-
3505 N Pennsylvania St, Indianapolis, IN
0.51
Multi-Family Home
$900,550
12/12/25
1
1
-
3508 N Illinois St, Indianapolis, IN
0.73
Multi-Family Home
$143,820
06/12/26
2
1
-
3763 Broadway St, Indianapolis, IN
0.10
Multi-Family Home
$189,000
09/30/25
5
4
-
3469 N Kenwood Ave, Indianapolis, IN
0.77
Multi-Family Home
$284,900
07/15/26
2
1
-
3435 Carrollton Ave, Indianapolis, IN
0.26
Multi-Family Home
$178,500
08/29/25
6
2
-
3673 Birchwood Ave, Indianapolis, IN
0.47
Multi-Family Home
$163,750
07/15/26
3
2
-

Nearby homes

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Assigned Schools

These are the assigned schools for 542 E 38th St #4.
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 74 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

  • 84 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 76 % Say streets are well-lit

  • 76 % Say people would walk alone at night

  • 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. "
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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
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  • 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
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  • 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
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  • 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 "
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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
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  • 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
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  • 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
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  • 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
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  • 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
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  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
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  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
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  • 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!"
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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
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  • 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"
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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
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Homes for sale near 542 E 38th St #4

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Off Market Homes Near 542 E 38th St #4

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