7039 E  38th St, Indianapolis, IN 46226
SOLD
FEB 18, 2026

7039 E 38th St
Indianapolis, IN 46226

Arlington Woods

    $95,000

    Last Sold: Feb 18, 2026
    17% below list $115K
    Est. Refi. Payment $639/mo*

    $95,000

    Last Sold: Feb 18, 2026
    17% below list $115K
    Est. Refi. Payment $639/mo*
    (on 0.45 acres)

    Local Information

    • Map ViewExplore the area around 7039 E 38th St.
    • Schools2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    0.45 acres

    About this House

    Commercial Lot for Sale: 0.45 Acres on E 38th St in Indianapolis High-visibility commercial lot in a proven traffic corridor. Located just east of 38th and Shadeland, this 0.45-acre C3/D5-zoned property sits near a signalized intersection with heavy daily traffic and direct access to I-465 and I-70. Ideal for retail, office, auto, food service, or flex development. The site is cleared, level, and already equipped with municipal water, sewer, electric, and gas on-site-making it shovel-ready for a wide range of commercial uses. Surrounded by national retailers, service businesses, and established neighborhoods, this is a key location for any operator seeking strong street exposure and logistical convenience. Property highlights: Zoned C3/D5, 0.45 acres (approx. 19,514 sq ft) Former gas station site, fully cleared with IDEM sign-off complete Flat topography with state road frontage Street cut access, asphalt surface, strong traffic counts Utilities: electric, gas, water, and sewer all on-site Immediate access to Shadeland Ave, I-465, and I-70 This lot offers unmatched exposure and utility access in a prime East Side commercial zone. Whether you're an owner-user or developer, the location supports a wide variety of business models. Priced to move and ready for your next build.
    7039 E 38th St, Indianapolis, IN 46226 is a lot/land in Arlington Woods. It last sold for $95,000 on Feb 18, 2026 (17% below the $115,000 asking price). It is currently off market. The Trulia Estimate rent is $889/month.

    Home Details for 7039 E 38th St

    Active Status

    MLS Status: Sold

    Exterior Features

    Frontage
    Road Frontage: State Road, Street CutsRoad Surface Type: Asphalt
    Farm & Range
    Horse Amenities: None
    Surface & Elevation
    Topography: Cleared, Level

    Days on Market

    Cumulative Days on Market: 1951

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Usage of Home: See RemarksParcel Number: 490724123023000700

    Price & Status

    Price
    List Price: $115,000
    Status Change & Dates
    Off Market Date: Tue Feb 03 2026Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: IndianapolisCommunity: No Subdivision
    School Information
    High School: Warren Central High SchoolHigh School District: MSD Warren Township

    Lot Information

    Lot Area: 0.45 acres

    Miscellaneous

    Mls Number: 21722954
    Last check for updates: about 6 hours ago
    Listed by Charlene Gaard
    No Limit Real Estate, LLC
    Bought with: Marco Vasquez, CAVA Realty Group
    Source: MIBOR as distributed by MLS GRID, MLS#21722954

    Price History for 7039 E 38th St

    DatePriceEventSource
    02/18/2026$95,000Sold
    MIBOR as distributed by MLS GRID #21722954
    02/03/2026$115,000PendingMIBOR as distributed by MLS GRID #21722954
    02/02/2026$115,000PendingToActiveMIBOR as distributed by MLS GRID #21722954
    01/10/2026$115,000PendingMIBOR as distributed by MLS GRID #21722954
    12/27/2025$115,000PriceChange
    MIBOR as distributed by MLS GRID #21722954
    12/19/2025$119,900PriceChange
    MIBOR as distributed by MLS GRID #21722954
    07/18/2025$125,000Listed For SaleMIBOR as distributed by MLS GRID #21722954
    05/18/2021ListingRemovedMIBOR as distributed by MLS GRID #21722954
    07/04/2020$149,900Listed For SaleAgent Provided
    04/03/2012$225,000ListingRemovedAgent Provided
    12/22/2011$225,000Listed 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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    Comparable Sales for 7039 E 38th St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.43
    Lot/Land
    $25,000
    11/07/25
    -
    -
    0.44
    Lot/Land
    $21,500
    09/19/25
    -
    -
    0.37
    Lot/Land
    $5,000
    06/26/26
    -
    -
    0.61
    Lot/Land
    $14,000
    06/10/26
    -
    -
    1.08
    Lot/Land
    $68,000
    05/07/26
    -
    -
    1.12
    Lot/Land
    $195,000
    08/22/25
    -
    -
    1.21
    Lot/Land
    $32,000
    07/24/26
    -
    -
    1.91
    Lot/Land
    $55,000
    05/01/26
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 7039 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 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

    • 28 % 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 7039 E 38th St

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    Off Market Homes Near 7039 E 38th St

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    Based on information submitted to the MLS GRID as of 2026-07-28 00:27:59 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