4038 Otterbein Avenue, Indianapolis, IN 46227

• 3 beds |
• 3 baths |
• 1,144 sqft

Property Description

Look at this OPPORTUNITY to own 2 Homes Close to University! Separate Home for In-Law Quarters! Rentals! Best Friends! Man Cave! She Shed! The List could go on & on!! Original Major Renovations Completed on Both Homes in 2008 including Windows in Home/Basement! Larger Home has 3 Bedrooms & 3 Full Updated Baths Plus Basement! 2 Bedrooms have their own en suite along w/Large Closets! Beautiful Hardwood Floors! Frplc has been Sealed Shut! All Kitchen Appliances (except microwave) Remain w/Property including Washer/Dryer! Roof is approx 3 yrs old! Gas Furnace & Central Air - New Dec. 2025! Basement has had Interior Drainage System w/Sump Pumps Installed Covered Front Porch to Enjoy the Beautiful Campus w/Lg Mature Trees Lining the Streets! Conveniently Located close to Interstate System & Shopping! Smaller Hm is approx 672 Sq Ft w/2 Bedrms (16x14 & 13x9). Roof Approx 6 yrs old! Heatpump/C/A in 2017 along w/Electric Water Heater! (Baseboard can be used for back-up heat) Stack Washer/Dryer Remains along w/Kitchen Appliances. Semi-Tax on Smaller Hm is $898.97. All Info Listed on Computer are ONLY for Larger Hm. Both Properties must be sold together due to arrangement on Lots-Seller has obtained a Variance (see supplements).

Listing Status:

Active

Data Last Updated:

April 29, 2026 at 9:17PM

Listing Office:

Crossroads Real Estate Group LLC : 317-997-4663

Listing Agent:

Gina Rininger : 317-997-4663

MLS ID:

22095684

Interior

• General: Paddle FanHardwood FloorsHi-Speed Internet AvailblIn-Law ArrangementPantryWalk-In Closet(s)Wood Work PaintedWood Work Stained
• Appliances: DishwasherDryerElectric Water HeaterDisposalElectric OvenRange HoodRefrigeratorWasherWater Softener Owned
• Laundry: In BasementSink
• Basement: FullUnfinished
• A/C: Central Air
• Heating: Forced AirNatural Gas

Exterior

• General: Carriage/Guest House
• Style: Craftsman
• Other Structures: Covered
• Parking: ConcreteStorage

Construction

• General: OneBlock

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: William L Elders University Hts L142 & William L Elders University Hts L143491031101001080501

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSep Electric MeterSep Gas MeterSewer ConnectedWater Connected200+ Amp Service
• Water: Public

Financial

• Source: mibor