Listing provided courtesy of Keller Williams Indy Metro SMLS# MBR22057303MLS Provider
  • 312 days on site
  • 0 views

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 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. Property was previously a day care and is now vacant.

Source: MIBOR, MLS#: MBR22057303

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  • Property Type
    Residential
  • Lot
    0.30 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 104 E 38th Street


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/26/2026Source: MIBOR Price Increase
$389,000 11.5%
5/26/2026Source: MIBOR Price Increase
$389,000 11.5%
5/26/2026Source: MIBOR Status Change
Active
5/26/2026Source: MIBOR Status Change
Active
5/21/2026Source: MIBOR Status Change
Pending
5/21/2026Source: MIBOR Status Change
Pending
2/18/2026Source: MIBOR Price Increase
$349,000 2.9%
2/18/2026Source: MIBOR Price Increase
$349,000 2.9%
2/16/2026Source: MIBOR Price Increase
$339,000 6.3%
2/16/2026Source: MIBOR Price Increase
$339,000 6.3%
1/28/2026Source: MIBOR Price Reduction
$319,000 -8.8%
1/28/2026Source: MIBOR Price Reduction
$319,000 -8.8%
11/17/2025Source: MIBOR Price Reduction
$349,900 -2.8%
11/17/2025Source: MIBOR Price Reduction
$349,900 -2.8%
9/23/2025Source: MIBOR Price Reduction
$360,000 -4.0%
9/23/2025Source: MIBOR Price Reduction
$360,000 -4.0%
8/21/2025Source: MIBOR Added to Database
August 21, 2025
8/21/2025Source: MIBOR Added to Database
August 21, 2025