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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 4545 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 4545 E 38th Street in Forest Manor, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Fantastic starter home or investment property, priced well for you to add your custom touches. The 2020 kitchen remodel included new flooring, subway tile backsplash, stainless steel appliances, and a gas range. 16x20 step-down family room has access to both the driveway and the backyard. The full unfinished basement has lots of opportunities for finishing to your personal tastes and needs. Washer & Dryer stay with the home. New furnace in 2021, Water heater in 2022. The woodworker or hobbyist will love the large workshop, which was formerly the garage. Fully fenced backyard houses raised beds for a variety of garden crops. A smaller fenced area could be used as a dog run or chicken coop. No HOA. Access to the IndyGo Purple Line is just a block away. Close to major roads, just 3 miles from both Meridian and 465. Home is being sold As Is, bring your best offer.

Listed by Cole Grayson· F.C. Tucker Company· MLS# 22091369
Recently SoldSold in 4 days

$141,000

2Beds
1Baths
1,152Sq Ft

Fantastic starter home or investment property, priced well for you to add your custom touches. The 2020 kitchen remodel included new flooring, subway tile backsplash, stainless steel appliances, and a gas range. 16x20 step-down family room has access to both the driveway and the backyard. The full u...

Listed by Cole Grayson· F.C. Tucker Company· MLS# MBR22091369

1,152

Sq Ft

1940

Year Built

2

Bedrooms

1

Bathrooms

Key things to know

  • Sold 7.4% over list in 4 days
  • Fireplace
  • Basement
  • Forest Manor subdivision

Sold

$151,500

+$10,500 over list (7.4%)

Closed
May 1, 2026
Listed at
$141,000
Sold
1 week ago
Sold in
4 days

Price history

  1. Sold$151,500

    May 1, 2026

  2. Listedat $141,000

    Apr 3, 2026

Sold
15
Median price
$132,000
Median DOM
22 days

Comparative value

5 comps in this range

This home is 22% below median for similar nearby sales.

$105K$228KMedian $195K
$152K

FEATURES & AMENITIES

Interior

Built-in FeaturesSmart Thermostat

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $141,000Listed· Apr 3, 2026

4 days on market

Layout

Main
216 rooms1,152 sq ft

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis5.3 mi
    • Monon Trail (Carmel)9.3 mi
    • IU Health North Hospital9.5 mi
    • Carmel High School10.0 mi
    • Carmel Central Park10.4 mi
    • Carmel Arts & Design District10.7 mi

    PROPERTY DETAILS

    Living Area

    1,152 sq ft

    Year Built

    1940

    Stories

    One

    Subdivision

    Forest Manor

    Bedrooms

    2

    Bathrooms

    1 full

    School District

    Indianapolis Public Schools

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