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

$142,300

Trulia Estimate
  • 2 Beds
  • 3 Baths

545 E 38th St, Indianapolis, IN 46205

Mapleton-Fall Creek
Est. Refi. Payment $922/mo*
Refinance Your Home
Currently Off Market - Sold Oct 11, 2024 for $105,000

Home Value

Trulia Estimate
$142K
Since last month
Decreased$6K (-3.9%)
Since last year
Increased$1K (+1%)
Since last sale
Increased$38K (+35.8%)
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 +162% in the last 10 years
MonthEstimated value
2026
August 2026$143K
August 2026$142K
July 2026$148K
June 2026$146K
May 2026$157K
April 2026$163K
March 2026$153K
February 2026$152K
January 2026$140K
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
3763 Broadway St, Indianapolis, IN
0.08
Multi-Family Home
$189,000
09/30/25
5
4
-
3426 N College Ave, Indianapolis, IN
0.45
Multi-Family Home
$125,000
05/06/26
4
2
-
3837 Carrollton Ave, Indianapolis, IN
0.25
Multi-Family Home
$232,000
02/02/26
8
3
-
3902 Broadway St, Indianapolis, IN
0.16
Multi-Family Home
$387,500
11/07/25
5
2
-
3779/3781 Watson Rd, Indianapolis, IN
0.40
Multi-Family Home
$147,900
07/31/26
4
2
-
3619 Salem St, Indianapolis, IN
0.58
Multi-Family Home
$170,000
09/26/25
5
4
-
710 E 40th St, Indianapolis, IN
0.32
Multi-Family Home
$335,000
04/13/26
6
2
-
2918 Ruckle St, Indianapolis, IN
0.50
Multi-Family Home
$188,500
10/22/25
6
4
-
3558 Guilford Ave, Indianapolis, IN
0.37
Multi-Family Home
$237,500
04/13/26
3
1
-
3507-3509 Guilford Ave, Indianapolis, IN
0.45
Multi-Family Home
$260,000
11/26/25
3
2
-

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
3815 N Ruckle St, Indianapolis, IN 46205
0.06
$417,300
4
1.5
2,687
Off Market
N, Indianapolis, IN 46205
0.05
$249,000
3
2
2,034
Off Market
3753 Ruckle St, Indianapolis, IN 46205
0.05
$154,200
2
1
1,575
Off Market
3827 N Ruckle St, Indianapolis, IN 46205
0.07
$433,000
3
1.5
2,410
Off Market
3835 N Ruckle St, Indianapolis, IN 46205
0.08
$413,300
3
1.5
2,604
Off Market
3748 Ruckle St, Indianapolis, IN 46205
0.07
$170,000
3
2.5
1,994
For Sale
3741 Ruckle St, Indianapolis, IN 46205
0.06
$200,000
3
2
2,088
For Sale
3828 Ruckle St, Indianapolis, IN 46205
0.09
$579,500
4
2.5
3,332
Recently Sold
3738 Ruckle St, Indianapolis, IN 46205
0.08
$259,100
3
1.5
3,440
Off Market
3733 N Ruckle St, Indianapolis, IN 46205
0.07
$184,500
3
1
2,352
Off Market
3733 Ruckle St, Indianapolis, IN 46205
0.08
$299,000
3
2.5
2,352
For Sale

Local Information

  • Map ViewExplore the area around 545 E 38th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920

About this House

Another Duplex investment for your books! This property was once a business and now could be part of your portfolio. Upper unit has 1 BR, 1 Full BA. Main level unit has 1 BR, possibly 2 depending upon where you put the kitchen, 1 Full BA, 2 Half BA. Half basement is accessible from Main Level. The main level needs the kitchen put back in. For anyone looking for a small project and to feel the pride of getting an ROI, this is what you've been waiting to hear about. Mechanicals appear to be updated. Roof appears to be in excellent condition. Excellent visibility off 38th St. Bus line access directly in front. Excellent location for a small office / 1 BR rental upstairs combo or a duplex. Can easily be converted back to a single family home with access from main level. Parking lot behind this building is included - the one off Park Ave. Bring your lipstick! All it needs is cosmetics. Perfect little starter investment property.
545 E 38th St, Indianapolis, IN 46205 is a 2 bedroom, 3 bathroom multi-family in Mapleton-Fall Creek, built in 1920. It last sold for $105,000 on Oct 11, 2024 (16% below the $125,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $142,300, with a rent estimate of $1,433/month.
Last check for updates: about 2 hours ago
Listed by David Orton, (317) 412-1572
Fair Market Value Investment Sales
Bought with: Lisanne Allen, (812) 369-8242, Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID, MLS#21994479

Home Details for 545 E 38th St

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One and One Half

Exterior Features

Exterior Home Features
Foundation: Block
Frontage
Road Frontage: Frontage Road

Days on Market

Cumulative Days on Market: 253

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Traditional
Building
Not a New Construction
Property Information
Parcel Number: 490624119062000101

Price & Status

Price
List Price: $125,000
Status Change & Dates
Off Market Date: Fri Oct 11 2024Possession Timing: Close Of Escrow

Location

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

Lot Information

Lot Area: 2613.6 sqft

Miscellaneous

BasementMls Number: 21994479

Price and Tax history

DateEventPrice
Oct 11, 2024
Source: MIBOR as distributed by MLS GRID #21994479
Sold
$105,000
Sep 13, 2024
Source: MIBOR as distributed by MLS GRID #21994479
PendingToActive
$125,000
Aug 21, 2024
Source: MIBOR as distributed by MLS GRID #21994479
Pending
$125,000
Aug 6, 2024
Source: MIBOR as distributed by MLS GRID #21994479
Listed For Sale
$125,000
Aug 5, 2024
Source: MIBOR as distributed by MLS GRID #21937604
ListingRemoved

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

Mapleton-Fall Creek
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mapleton-Fall Creek

At least 48 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 85 % Say it's dog friendly

  • 83 % Say yards are well-kept

  • 79 % Say car is needed

  • 74 % Say parking is easy

  • 68 % Say neighbors are friendly

  • 64 % Say kids play outside

  • 59 % Say there's holiday spirit

  • 54 % Say streets are well-lit

  • 43 % Say there's wildlife

  • 41 % Say there are community events

  • 41 % Say they plan to stay for at least 5 years

  • 40 % Say it's quiet

  • 37 % Say people would walk alone at night

  • 36 % Say it's walkable to restaurants

  • 12 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Xmhdqqftw8
    "Not sure. I have cats. I see people walking them. Not any dog parks in this area and smaller yard sizes "
    0
    Flag
  • Jenna Stensland
    "We have neighborhood activities and clean ups. Neighbors chat and walk together. The kids play outside almost every day. "
    0
    Flag
  • Jenna Stensland
    "We love our historic Indy neighborhood. It’s walking distance to the children’s museum and has a great mix of long term residents and young families. "
    4
    Flag
  • Trulia User
    "Sidewalks on every street and plenty of friendly neighbors around. It’s a great area to have a dog in. Plus there are some houses with larger lots in this area which is great if you have a dog. "
    2
    Flag
  • Trulia User
    "I've lived in this neighborhood for almost 6 years the neighbors are friendly the crime rate in my area is good and the Martin Luther King Center is great with providing resources that people may need"
    1
    Flag
  • Jacqui D.
    "I live here now and love it! It’s great to be so close to downtown and also broad ripple and the Monon."
    12
    Flag
  • Jessica J.
    "it's a great place to live. we walk our dog around the neighborhood and it's very peaceful and friendly. "
    0
    Flag
  • Trulia User
    "easy access to downtown, easy access to red line. Interstates are a little more out of reach. Good hub to binford and the northern shopping districts "
    0
    Flag
  • Cyvonnehillman
    "I feel we are centrally located, easily get around by driving, riding a bus...there are several different bus routes for our area. We have lived here 30 yrs., 2020. It's a great area but i'm ready to downsize. "
    1
    Flag
  • Karn S.
    "It's common enough, no known issues with dogs in this area, there's a park off 40th where Kids and pets play"
    1
    Flag
  • Cyvonnehillman
    "We are centrally located, within 15 min to downtown driving and have access to several different bus routes if needed. "
    0
    Flag
  • LaQuandra
    "It’s a quiet and safe area so far. I have lived here for 5 years and haven’t been in harms way. Not a bad place to live "
    0
    Flag
  • Ashley S. A.
    "People are rude when they park in front of your home they throw their trash. Smoke and drink, then get mad at you for not wanting them to do it. I cannot wait to move from this area."
    3
    Flag
  • Briannagpatrick
    "We have an active neighborhood association and many non profits in the neighborhood that have various events. "
    0
    Flag
  • Aaron T.
    "my neighborhood has great access to public transport. the commute downtown is seamless and streamlined. "
    1
    Flag
  • Ken R.
    "crime and violence and drugs. this area is deplorable and no matter how kind you are, you will be taken advantage of. I was assaulted while walking my service dog and my dog was kicked. "
    1
    Flag
  • Talex m.
    "I would suggest that anyone that moves in this area keep an eye on your children at all times, it's very busy in this area with the traffic. I also would look into better school's. "
    2
    Flag
  • Arial B.
    "Beautiful homes, center of town, great trail just right across the street. The neighbors are polite. "
    17
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-02 12:03:09 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

Frequently asked questions about 545 E 38th St

  • What is 545 E 38th St estimated to be worth?
    Trulia's estimated value for 545 E 38th St in Indianapolis, IN is $142,300.
  • What is the price history for 545 E 38th St?
    545 E 38th St in Indianapolis, IN last sold for $105,000 in October 2024.
  • 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.
  • Does 545 E 38th St have air conditioning?
    Yes, 545 E 38th St in Indianapolis, IN has air conditioning.

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