Sheldon Barnes
For Sale — 104 E 38th Street, Indianapolis, IN 46205104 E 38th Street
Indianapolis, Indiana 46205
Brodleigh
5
Beds
1
Baths
2,054
Sq Ft
1910
Year Built
0.3
Acres
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Sheldon Barnes can help you tour 104 E 38th Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 104 E 38th Street in Brodleigh, ask any question about this home, or talk through what you should know about buying in Indianapolis.
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.
Key things to know
- 5 bedrooms, single-level layout
- Hard surface floors throughout
- Corner lot with private parking area
- Fenced front yard
- Previously used as daycare — flexible residential or commercial use
Monthly payment
Estimate · $349,000
$2,198/mo
≈ $1,858 principal & interest · $341 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $69,800 on a loan of $279,200.
Price history
- Price reduced$339,000 → $349,000
Feb 18, 2026
- Listedat $375,000
Aug 21, 2025
Brodleigh · activity
past 6 months
- Sold
- 2
- Median price
- $655,500
- Median DOM
- 134 days
Recent comparable sales
$261,500
4549 Primrose Avenue
4bd · 2ba · 1,893 sqft
Sold May 2026
$420,000
410 E 37th Street
4bd · 3ba · 2,437 sqft
Sold May 2026
$145,000
3526 Evergreen Avenue
4bd · 2ba · 2,128 sqft
Sold May 2026
$755,000
4310 Central Avenue
4bd · 3ba · 2,292 sqft
Sold Apr 2026
$350,000
3249 Broadway Street
4bd · 4ba · 2,338 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is right at the median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$375,000Listed· Aug 21, 2025
$349,000Reduced
↓ $26,000 (6.9% off original)
265 days on market
Layout
Schools
Indianapolis Public Schools
High
Shortridge High School
Neighborhood
- Downtown Indianapolis3.9 mi
- Monon Trail (Carmel)9.4 mi
- Carmel Central Park9.7 mi
- Carmel High School10.1 mi
- IU Health North Hospital10.4 mi
- Carmel Arts & Design District10.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,054 sq ft
Year Built
1910
Stories
One
Subdivision
Brodleigh
Bedrooms
5
School District
Indianapolis Public Schools