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104 E 38th St, Indianapolis, IN, 46205

5beds
1baths
2,538sqft
$349,000
$138price/sqft
$2,890/moest. monthly cost
$115,600/yrincome needed

About This Home

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.

Getting Around

73
WalkingVery Walkable
49
TransitSome Transit
64
BikeBikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Block,Crawl Space
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: None,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

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

Bedroom3

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedroom4

  • Level: Main
  • Area: 64
  • Dimensions: 8x8

Bedroom5

  • Level: Main
  • Area: 64
  • Dimensions: 8x8

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 5

Dining Room

  • Level: Main
  • Area: 160
  • Dimensions: 16x10

Features

  • Attic Access
  • Attic: Access Only
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 2,538
  • Total interior livable area: 2,538 sqft

Kitchen

  • Level: Main
  • Area: 88
  • Dimensions: 8x11

Living Room

  • Level: Main
  • Area: 196
  • Dimensions: 14x14

Master Bedroom

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Other

  • Level: Main
  • Area: 64
  • Dimensions: 8x8

Property

Details

  • Parcel number: 490613115017000801
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Fenced,Front Yard

Lot

  • Lot size: 0.30 Acres
  • Features: Busline,Corner Lot,Curbs,Not In Subdivision,Sidewalks,Street Lights

Parking

  • Parking features: Common