104 E 38th Street, Indianapolis, IN 46205

$389,000
5
BD
3
BA
2,538
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$389,000
Price Change
▲ $40,000 1779845409
MLS#
22057303
Property Type
Residential
Bedrooms
5
Bathrooms
3
Sqft. of Residence
2,538
Year Built
1910
Days on Market
341
Status
ACTIVE

Property Description

Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Previously utilized as a daycare, this property offers flexibility unlike anything else on the market-residential, commercial, or investment, the choice is yours. Step inside to find a spacious, single-level layout designed for versatility. Hard surface floors flow throughout the home, making it durable, functional, and easy to maintain. A spacious kitchen with dining area, living room, and five bedrooms provide endless options for creating the lifestyle or business you envision. Outside, the fenced front yard adds charm, while the corner lot maximizes visibility and convenience. No garage? No problem. The private parking lot ensures plenty of space for residents, guests, or clients. But what truly sets this property apart is its unbeatable location. Just steps from Tarkington Park, Tea's Me Community Cafe, and the iconic Melody Inn, and minutes from the Indiana State Fairgrounds and Downtown Indy, this is a neighborhood bursting with culture, convenience, and community. Whether it's families, professionals, or small business opportunities, this area thrives with possibility. With usage flexibility, prime exposure, and a floor plan that adapts to your vision, this is more than a property-it's a chance to create your future. Opportunities like this don't wait. Schedule your showing today and see firsthand how this home can become the foundation of your next chapter. Property was previously a day care and is now vacant.

Additional Information

Basement
Unfinished
Foundation
Block, Crawl Space
Stories
One
Architecture
Ranch, Traditional
Equipment
Smoke Alarm
Interior
Attic Access
Acres
0.30
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Cash Only
Appliances
None, Gas Water Heater
Semi-Annual Taxes
$2,043
Garage Parking
Common Lot
Region
Washington
Eating Areas
Breakfast Room

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Indy Metro S.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative