7640 E 38th St, Indianapolis, IN 46226
Property image
Property image
OFF MARKET

$111,500

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 972 sqft (on 0.50 acres)

7640 E 38th St, Indianapolis, IN 46226

Arlington Woods
Est. Refi. Payment $725/mo*
Refinance Your Home
Currently Off Market - Sold Nov 20, 2015 for $25,000

Home Value

Trulia Estimate
$112K
Since last month
Decreased$800 (-0.7%)
Since last year
Decreased$5K (-4.6%)
Since last sale
Increased$87K (+346%)
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 +319% in the last 10 years
MonthEstimated value
2026
August 2026$112K
July 2026$112K
June 2026$117K
May 2026$118K
April 2026$115K
March 2026$114K
February 2026$112K
January 2026$112K
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
3641 N Richardt Ave, Indianapolis, IN
0.20
Single-Family Home
$130,000
07/14/26
4
2
1,000
3617 N Sadlier Dr, Indianapolis, IN
0.37
Single-Family Home
$92,000
02/10/26
2
1
720
3624 N Sadlier Dr, Indianapolis, IN
0.36
Single-Family Home
$75,000
03/27/26
3
1
1,296
3649 N Sadlier Dr, Indianapolis, IN
0.29
Single-Family Home
$123,200
10/14/25
3
1
1,224
4502 N Mitchner Ave, Indianapolis, IN
0.85
Single-Family Home
$22,000
03/26/26
2
1
956
3619 Lori Ln, Indianapolis, IN
0.27
Single-Family Home
$111,500
06/24/26
3
1
1,616
3701 N Kercheval Dr, Indianapolis, IN
0.32
Single-Family Home
$66,000
01/23/26
1
1
672
7533 Placing Rd, Indianapolis, IN
0.36
Single-Family Home
$115,000
11/04/25
3
1
1,216
7533 E Placing Rd, Indianapolis, IN
0.36
Single-Family Home
$115,000
11/07/25
3
1
1,216
3751 N Sadlier Dr, Indianapolis, IN
0.16
Single-Family Home
$183,000
01/29/26
3
2
984

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
7514 E Ruskin Pl, Indianapolis, IN 46226
0.06
-
4
2.5
2,240
Off Market
7525 E Ruskin Pl, Indianapolis, IN 46226
0.09
$155,000
3
1.5
1,246
Recently Sold
7515 E Ruskin Pl, Indianapolis, IN 46226
0.09
$165,200
3
1.5
1,092
Off Market
7601 E Ruskin Pl, Indianapolis, IN 46226
0.11
-
4
1.5
1,700
Off Market
7520 E 38th St, Indianapolis, IN 46226
0.08
-
3
2
1,440
Off Market
7602 E Penway St, Indianapolis, IN 46226
0.13
$235,000
4
2
2,080
Recently Sold
3770 N Richardt Ave, Indianapolis, IN 46226
0.11
$135,000
3
1
999
Off Market
3666 N Mitchner Ave, Indianapolis, IN 46226
0.14
$189,800
3
2
1,156
Off Market
7620 Penway St, Indianapolis, IN 46226
0.16
$187,400
4
1.5
1,750
Off Market
3659 N Mitchner Ave, Indianapolis, IN 46226
0.16
$194,500
4
1.5
1,700
Off Market
3660 Kline North Dr, Indianapolis, IN 46226
0.16
$210,400
4
2.5
2,000
Off Market
3742 N Payton Ave, Indianapolis, IN 46226
0.18
$200,000
3
2
1,218
Recently Sold

Local Information

  • Map ViewExplore the area around 7640 E 38th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1953
Lot Size
0.5 acres
Living Area
972 sqft
Price/Sqft
$115
Parking
Garage

About this House

Investor special! 2 bedroom bungalow on 1/2 acre lot. Large 2 car detached garage with carport. Home to be sold as-is, but is in relatively good shape.
7640 E 38th St, Indianapolis, IN 46226 is a 2 bedroom, 1 bathroom, 972 sqft single-family home in Arlington Woods, built in 1953. It last sold for $25,000 on Nov 20, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $111,500, with a rent estimate of $1,177/month.

Home Details for 7640 E 38th St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Number of Rooms: 4Types of Rooms: Family Room
Appliances & Utilities
Dryer
Levels, Entrance, & Accessibility
Floors: Hardwood, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: OtherExterior: StoneFoundation Type: Crawl RaisedPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1953Year Updated: 1953
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.50 acres

Price and Tax history

DateEventPrice
Nov 20, 2015
Source: MIBOR as distributed by MLS GRID #21380998
Sold
$25,000
Nov 12, 2015
Source: Agent Provided
Pending
$25,000
Oct 9, 2015
Source: Agent Provided
Listed For Sale
$25,000
Mar 10, 2015
Source: Agent Provided
ListingRemoved
$32,000
Oct 2, 2014
Source: Agent Provided
Pending
$32,000

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

Arlington Woods
See Local Highlights
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."
    0
    Flag
  • Trulia User
    "very cute apts. updates and just a neighborhood. feels totally different then it looks as you drive in off Shadeland ave. "
    7
    Flag
  • 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!)"
    0
    Flag
  • 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. "
    22
    Flag
  • 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 "
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7640 E 38th St

  • What is 7640 E 38th St estimated to be worth?
    Trulia's estimated value for 7640 E 38th St in Indianapolis, IN is $111,500.
  • What is the price history for 7640 E 38th St?
    7640 E 38th St in Indianapolis, IN last sold for $25,000 in November 2015.
  • 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 7640 E 38th St have air conditioning?
    Yes, 7640 E 38th St in Indianapolis, IN has air conditioning.
  • How big is the lot at 7640 E 38th St?
    The lot at 7640 E 38th St in Indianapolis, IN is about 0.50 acres (21,780 sq ft).

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Apartments for Rent

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Off Market Homes Near 7640 E 38th St

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