5501 E  38th St, Indianapolis, IN 46218
OFF MARKET

5501 E 38th St
Indianapolis, IN 46218

Arlington Woods
  • 3 Beds
  • 1 Bath
  • 1,228 sqft

$161,500

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,038/mo*

$161,500

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,038/mo*
3 Beds
1 Bath
1,228 sqft

Home Value

Trulia Estimate
$162K
Since last month
Decreased$5K (-3%)
Since last year
Increased$24K (+17.2%)
Since last sale
Increased$146K (+1,045%)
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 +183% in the last 10 years
MonthEstimated value
2026
August 2026$160K
July 2026$159K
June 2026$165K
May 2026$167K
April 2026$142K
March 2026$139K
February 2026$138K
January 2026$131K
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
0.09
Single-Family Home
$136,000
07/15/26
3
1
2,080
0.11
Single-Family Home
$120,000
01/21/26
4
1
1,104
0.32
Single-Family Home
$107,000
05/26/26
3
1
1,080
0.36
Single-Family Home
$116,000
10/10/25
3
1
1,102
0.37
Single-Family Home
$109,900
11/10/25
3
1
1,402
0.39
Single-Family Home
$133,500
01/13/26
3
1
1,102
0.40
Single-Family Home
$173,000
10/03/25
3
1
1,152
0.49
Single-Family Home
$50,000
04/09/26
3
1
1,017
0.35
Single-Family Home
$179,000
05/04/26
3
1
1,728
0.26
Single-Family Home
$115,000
01/06/26
3
1.5
1,200

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
0.06
$114,100
2
1
1,330
Off Market
0.09
$151,000
3
1.5
1,665
Off Market
0.10
$205,100
4
2
2,644
Off Market
0.09
$136,000
3
1
2,080
Recently Sold
0.11
$120,000
4
1
1,104
Recently Sold
0.11
$130,000
3
1.5
2,196
Recently Sold
0.11
$179,000
3
1
1,077
For Sale
0.12
$206,200
3
2
1,847
Off Market
0.14
$218,000
3
2
2,216
Recently Sold
0.15
$125,000
3
1.5
2,378
For Sale
0.16
$239,900
4
2
2,376
Recently Sold
0.19
$137,900
3
1
912
Off Market

Local Information

  • Map ViewExplore the area around 5501 E 38th St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1931
Living Area
1,228 sqft
Price/Sqft
$132

About this House

This single-family home is located at 5501 E 38th St, Indianapolis, IN. 5501 E 38th St is in the Arlington Woods neighborhood in Indianapolis, IN and in ZIP code 46218. This property has 3 bedrooms, 1 bathroom and approximately 1,228 sqft of floor space. This property has a lot size of 6926 sqft and was built in 1931.
5501 E 38th St, Indianapolis, IN 46218 is a 3 bedroom, 1 bathroom, 1,228 sqft single-family home in Arlington Woods, built in 1931. It last sold for $14,000 on Aug 2, 2019. It is currently off market. The Trulia Estimate is $161,500, with a rent estimate of $1,323/month.

Home Details for 5501 E 38th St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6Types of Rooms: Recreation Room

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6926 sqft

Price and Tax history

DateEventPrice
Aug 2, 2019
Source: N/A
Sold
$14,000

Market trends in Indianapolis

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

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 Arlington Woods

At least 34 Trulia users voted on each feature.
  • 75 % Say car is needed

  • 74 % Say yards are well-kept

  • 70 % Say parking is easy

  • 61 % Say kids play outside

  • 60 % Say there's holiday spirit

  • 51 % Say there are sidewalks

  • 50 % Say it's quiet

  • 47 % Say it's dog friendly

  • 41 % Say neighbors are friendly

  • 41 % Say there's wildlife

  • 36 % Say streets are well-lit

  • 36 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to restaurants

  • 29 % Say it's walkable to grocery stores

  • 22 % Say people would walk alone at night

  • 15 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "they pick up the dog poop. all dogs are on leashes and are mild mannered. many parks to take pets and families to."
  • Trulia User
    "very cute apts. updates and just a neighborhood. feels totally different then it looks as you drive in off Shadeland ave. "
  • Trulia User
    "People in this area pretty much keep to themselves and for the most part the block is quiet (unless somebody’s having a party!)"
  • Marcella W.
    "This neighborhood is a mixed bag. I wish it was more pedestrian friendly for people who are walking or taking the bus. There is a lack of respect among neighbors. There is a lot of drugs, despair and crimes. People with dogs rarely pick up the waste or don’t walk their dogs on a leash. There are some decent people in this area but not enough. "
  • Mario A.
    "quiet and quiet, most neighbors are friendly, I love my house specially my location close to the downtown and easy access to the highways "

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Homes for sale near 5501 E 38th St

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Off Market Homes Near 5501 E 38th St

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Frequently asked questions about 5501 E 38th St

  • What is 5501 E 38th St estimated to be worth?
    Trulia's estimated value for 5501 E 38th St in Indianapolis, IN is $161,500.
  • What is the price history for 5501 E 38th St?
    5501 E 38th St in Indianapolis, IN last sold for $14,000 in August 2019.
  • 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 5501 E 38th St have air conditioning?
    Yes, 5501 E 38th St in Indianapolis, IN has air conditioning.
  • How big is the lot at 5501 E 38th St?
    The lot at 5501 E 38th St in Indianapolis, IN is about 0.16 acres (6,926 sq ft).