$349,900

104 E 38th Street, Indianapolis, IN 46205

  • 5 beds |
  • 1 bath |
  • 2,054 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $170/sqft
  • Property List Date Icon Listed 3 months ago

Property 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.

Listing Status:
Active
Listing Office:
Keller Williams Indy Metro S : 317-271-5959
Listing Agent:
Eric Forney : 317-271-5959
MLS ID:
22057303
  • General: Attic Access
  • Appliances: NoneGas Water Heater
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Fireplace: Fireplaces: 0
  • Style: RanchTraditional
  • Other Structures: Covered
  • Parking: Common
  • General: OneBlockCrawl Space
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Brodleigh Pt Of Lots 41 & 42 Beg Ne Cor L41; S103'w114.61' Nw19.19' N90.66' E126' To Beg490613115017000801
  • Fencing: Front Yard
  • Water: Public
  • Source: mibor

This listing courtesy of Eric Forney, Keller Williams Indy Metro S

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James W. Riley Elementary School 43

150 W 40th St, Indianapolis, IN, 46208

Grades PK-8

0.45 miles away

J

James W. Riley Elementary School 43

150 W 40th St, Indianapolis, IN, 46208

Grades PK-8

0.45 miles away

S

Shortridge High School

3401 N Meridian St, Indianapolis, IN, 46208

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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