# 502 W 38th Street, Indianapolis, IN 46208

> **TL;DR:** 3bd/4ba single family, $180,000 ($45/sqft), built 1950, 4,040 sqft.
> Fireplace, Basement. Est. $780/mo. Listed 68 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $180,000 |
| Price/sqft | $45 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 2 half |
| Square Feet | 4,040 |
| Year Built | 1950 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 68 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $780 |
| **Total** | **$780** |

## Key Amenities

- Fireplace
- Basement

## Property Highlights

- Built in 1950
- 0.18 acre lot
- Fireplace

## Description

### Agent Description
This property has a wonderful floor plan that can accommodate a wide range of buyers, i.e. multi-generational, someone looking for a spacious residence close to downtown or investors. The basement has a separate entrance and this space could be used as an apartment, in-laws quarters, a college kids retreat or a large home office. The main level has 2 bedrooms, a formal living with a wood burning fireplace, dining room, kitchen, breakfast room and 1.5 bathrooms. The primary bedroom and bathroom is located on the upper level allowing for complete privacy. The property is located on the bus line and is less than a 10 minute drive to 4 college campuses... 3 minutes to Butler University; 5 minutes to Marion College and 9 minutes to the Indiana University/ Purdue University Indianapolis. This home over 4400 square ft of living space and requires a buyer with a great imagination, the financial means and patience.

## Location

- **Address:** 502 W 38th Street, Indianapolis, IN 46208
- **County:** Marion
- **Neighborhood:** Columbia Place
- **Coordinates:** 39.825179, -86.167771
- **Google Maps:** https://www.google.com/maps?q=39.825179,-86.167771

## Listing Agent

- **Name:** Cheryl Strode-Gregory
- **Brokerage:** CC & R Realty, LLC
- **Phone:** 3174184489
- **Email:** cgregory7440@gmail.com

## Primary Photo

![502 W 38th Street - Primary Photo](http://lh.rdcpix.com/653ea361191d874a3971e8eb05058528l-f505452314r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/502-w-38th-street-indianapolis-in-46208-22082547)*

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**MLS#:** 22082547 | **Updated:** 2026-04-25
**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/502-w-38th-street-indianapolis-in-46208-22082547)

---

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