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909 E 38th St, Indianapolis, IN, 46205

4beds
4baths
3,861sqft
$399,900
$104price/sqft
$3,404/moest. monthly cost
$136,160/yrincome needed

About This Home

1st Level: Beautiful grand front entrance with 3 office suites, restroom, kitchen, hardwood floors, french doors to suites, , boardroom or perhaps subdivided for additional office space. 2nd Level: Four spacious suites, hallway with secure storage closet and bathroom 3rd Level: One private suit w/storage space, vaulted ceilings, private restroom Basement Level: Three finished rooms, one with built in storage shelves, restroom w/shower & 2 sinks. Each room is outfitted with dropped ceiling ,florescent lights and several outlets. pre-wired for PC, cable, video connections, multiple outlets and phone jacks. multi zoned alarm system, monitored surveillance Building is currently occupied thus require 24 hour notice for all showings

Getting Around

57
WalkingSomewhat Walkable
47
TransitSome Transit
75
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Electric Water Heater,Microwave,Electric Oven,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Finished,Finished Ceiling,Finished Walls,Full

Bedroom2

  • Level: Upper
  • Area: 120
  • Dimensions: 10x12

Bedroom3

  • Level: Upper
  • Area: 120
  • Dimensions: 10x12

Bedroom4

  • Level: Upper
  • Area: 120
  • Dimensions: 10x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Features

  • Attic Access,Built-in Features,Entrance Foyer,Hardwood Floors,Eat-in Kitchen,Smart Thermostat
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 1,287

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,861
  • Total interior livable area: 3,861 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Laundry

  • Features: Other
  • Level: Basement
  • Area: 80
  • Dimensions: 10x8

Living Room

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Master Bedroom

  • Level: Upper
  • Area: 120
  • Dimensions: 10x12

Property

Details

  • Parcel number: 490624124025000101
  • Horse amenities: None

Features

  • Levels: Three Or More

Lot

  • Lot size: 7,840 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$268$3,216
Property Taxes $761$9,132
Electricity $353$4,247
Total$3,404$40,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,708/yr
40% on housing$102,120/yr
45% on housing$90,773/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 46205$136
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46205$135
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Price change$394,900
2026-07-14Price change$399,900
2026-06-08Listed for sale$409,900
2025-12-12Listing removed$389,900
2025-10-29Price change$389,900
2024-05-24Listed for sale$399,900
2023-11-10Listing removed--
2023-04-20Listed for sale$364,900
2020-12-11Listing removed$279,900
2020-09-03Listed for sale$279,900
2019-08-15Listing removed$279,900
2018-04-06Listed for sale$279,900
2017-08-06Listing removed$1,895
2017-06-21Listed for rent$1,895
2010-11-22Sold$60,000
2010-08-27Sold$60,000

For Sale by Agent

AgentPamela Journey
BrokerageE & L Son Enterprise, LLC

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