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104 E 38th Street

Indianapolis, IN 46205
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Bed 5

Bed

Bath 1

Bath

SqFt2,538

Sqft

Acres0.30

Acre(Lot)

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 wha t 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.

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Detail Ic Property Details

Property Type : Residential

Price : $389,000

AD Id : 66658684

MLS Id : MBR22057303

Beds : 5

Lot Size : 0.30 Acre

Living Area Size : 2,538

Year Built : 1910

County : Marion

Subdivision: Brodleigh

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 9 Has Basement: Yes

    Interior Features

    Attic Access Appliances: None, Gas Water Heater
  • Flooring Information

    Construction Materials: Stucco
  • Heating & Cooling

    Heating: Forced Air, Natural Gas Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1910

  • Lot Information

    Lot Description: Busline, Corner Lot, Curbs, Not In Subdivision, Sidewalks, Street Lights Lot Square Feet: 12978 Lot Acres: 0.3

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Ranch, Traditional

  • Listing Price Information

    Original List Price:$375000

  • Tax Information

    Tax Lot: 41-42 Tax Legal Description: Brodleigh Pt Of Lots 41 & 42 Beg Ne Cor L41; S103'w114.61' Nw19.19' N90.66' E126' To Beg Tax Year: 2024 Parcel Number: 490613115017000801

  • Parking Information

    Common

    Garage Information

    Garage SQFT: Common Lot

  • School Information

    Senior High School: Shortridge High School
  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Brodleigh City: Indianapolis Direction: On the NE corner of N Pennsylvania St. and 38th.
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Nearby Home Value

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4502 N Dearborn Street, Indianapolis, IN, 46205 $140,000 3 1 912 912 SqFt
4945 N Dearborn Street, Indianapolis, IN, 46205 $299,999 3 2 1,512 1,512 SqFt
4705 Allisonville Road, Indianapolis, IN, 46205 $316,900 3 2 1,800 1,800 SqFt
2919 Tropical Drive, Indianapolis, IN, 46205 $629,000 4 4 3,521 3,521 SqFt
4024 Eastern Avenue, Indianapolis, IN, 46205 $94,900 2 1 1,560 1,560 SqFt
3821 N Tacoma Avenue, Indianapolis, IN, 46205 $129,000 2 1 1,632 1,632 SqFt
3915 Hillside Avenue, Indianapolis, IN, 46205 $149,450 4 1 1,814 1,814 SqFt
4622 Hillside Avenue, Indianapolis, IN, 46205 $89,900 2 2 1,830 1,830 SqFt
2029 E 44th Street, Indianapolis, IN, 46205 $145,000 2 1 1,560 1,560 SqFt
4237 Evanston Avenue, Indianapolis, IN, 46205 $475,000 -- -- --
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ByOwner last updated this listing 06/07/2026 @ 06:20

MLS: MIBOR #22057303 LISTED BY: Eric Forney, Keller Williams Indy Metro S 317-271-5959 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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