# 104 E 38th Street, Indianapolis, IN 46205

> **TL;DR:** 5bd/1ba single family, $349,000 ($170/sqft), built 1910, 2,054 sqft.
> Basement. Est. $1,512/mo. Listed 232 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $349,000 |
| Price/sqft | $170 |
| Bedrooms | 5 |
| Bathrooms | 1 half |
| Square Feet | 2,054 |
| Year Built | 1910 |
| Lot Size | 13,068 sqft (0.30 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 232 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,512 |
| **Total** | **$1,512** |

## Nearby Schools

- **High:** Shortridge High School

## Key Amenities

- Basement

## Property Highlights

- Built in 1910
- 0.30 acre lot

## Description

### Agent Description
Current leases gross $3K/month. Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Currently 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.

## Location

- **Address:** 104 E 38th Street, Indianapolis, IN 46205
- **County:** Marion
- **Neighborhood:** Brodleigh
- **Coordinates:** 39.825201, -86.154155
- **Google Maps:** https://www.google.com/maps?q=39.825201,-86.154155

## Listing Agent

- **Name:** Eric Forney
- **Brokerage:** Keller Williams Indy Metro S
- **Phone:** 3172715959
- **Email:** sold@forneygroup.com

## Primary Photo

![104 E 38th Street - Primary Photo](http://lh.rdcpix.com/3f24e0639ef64d92e7dc73b9267656c9l-f1110595724r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/104-e-38th-street-indianapolis-in-46205-22057303)*

---

**MLS#:** 22057303 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/104-e-38th-street-indianapolis-in-46205-22057303)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "104 E 38th Street, Indianapolis, IN 46205",
  "description": "Current leases gross $3K/month. Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Currently 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 dinin",
  "url": "https://www.propertysimple.com/listing/104-e-38th-street-indianapolis-in-46205-22057303",
  "image": "http://lh.rdcpix.com/3f24e0639ef64d92e7dc73b9267656c9l-f1110595724r.jpg",
  "datePosted": "2026-04-24",
  "price": 349000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "104 E 38th Street",
    "addressLocality": "Indianapolis",
    "addressRegion": "IN",
    "postalCode": "46205",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 39.825201,
    "longitude": -86.154155
  },
  "numberOfRooms": 5,
  "numberOfBathroomsTotal": 1,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2054,
    "unitCode": "FTK"
  },
  "yearBuilt": 1910
}
```