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502 W 38th Street

Indianapolis, IN 46208
  • $180,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 22082547
Short Sale
UPDATED: 33 min ago
$180,000
  • 3
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 4,040
    SQFT
  • $45
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:

School Ratings & Info

School District:

Description

This property has a wonderful floor plan that can accommodate a wide range of buyers, i.e. multi-generational, someone looking for a spacious residence close to downtown or investors. The basement has a separate entrance and this space could be used as an apartment, in-laws quarters, a college kids retreat or a large home office. The main level has 2 bedrooms, a formal living with a wood burning fireplace, dining room, kitchen, breakfast room and 1.5 bathrooms. The primary bedroom and bathroom is located on the upper level allowing for complete privacy. The property is located on the bus line and is less than a 10 minute drive to 4 college campuses... 3 minutes to Butler University; 5 minutes to Marion College and 9 minutes to the Indiana University/ Purdue University Indianapolis. This home over 4400 square ft of living space and requires a buyer with a great imagination, the financial means and patience.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Nate Vanpelt | eXp Realty, LLC.

Based on information submitted to the MLS GRID as of 2026-04-15T09:24:56.137. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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502 W 38th Street Indianapolis, IN 46208

  • Price: $180,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 33 min ago
  • MLS #: 22082547
3
Beds
2
Baths
2
½ Baths
0.18
Acres
4,040
SQFT
$45
$/SQFT
1950
Built
Neighborhood:
Columbia Place
County:
Marion
Area:
4903 - Marion - Washington
School District:
Indianapolis Public Schools
Property Description
This property has a wonderful floor plan that can accommodate a wide range of buyers, i.e. multi-generational, someone looking for a spacious residence close to downtown or investors. The basement has a separate entrance and this space could be used as an apartment, in-laws quarters, a college kids retreat or a large home office. The main level has 2 bedrooms, a formal living with a wood burning fireplace, dining room, kitchen, breakfast room and 1.5 bathrooms. The primary bedroom and bathroom is located on the upper level allowing for complete privacy. The property is located on the bus line and is less than a 10 minute drive to 4 college campuses... 3 minutes to Butler University; 5 minutes to Marion College and 9 minutes to the Indiana University/ Purdue University Indianapolis. This home over 4400 square ft of living space and requires a buyer with a great imagination, the financial means and patience.
Exterior Features

Architectural Style Split LevelTraditional Construction Materials Stone Foundation Details Block Garage Sq Ft 306 Garage YN Yes Horse Amenities None Levels One and One Half Parking Features Attached View Neighborhood View YN Yes Waterfront YN No

Interior Features

Appliances None Areas Interior Living Room FormalUtility Room Basement Exterior EntryFinished WallsFullInterior Entry Basement YN Yes Below Grade Finished Area 1685 Building Area Total 4040 Cooling Central Air Eating Area Breakfast RoomFormal Dining Room Fireplace Features BasementLiving RoomWood Burning Fireplaces Total 2 Full Baths Basement 0 Full Baths Main 1 Full Baths MU 2 Full Baths Upper 1 Half Baths Basement 1 Half Baths Main 1 Half Baths MU 1 Half Baths Upper 0 Heating Forced AirNatural Gas Interior Features Attic AccessEntrance FoyerHardwood Floors Kitchen Features Kitchen Galley Main Level Bedrooms 2 Main Level Sq Ft 1828 Primary Bedroom Description Closet Walk in Rooms Living Room (Main Level 22x14) Dining Room (Main Level 12x12) Kitchen (Main Level 10x10) Laundry (Basement Level 14x10) Primary Bedroom (Upper Level 14x12) Bedroom 2 (Main Level 12x10) Bedroom 3 (Main Level 12x10) Play Room (Basement Level 20x10) Office (Basement Level 19x09) Guest Room (Basement Level 19x09) Rooms MU 7 Rooms Total MU 7 Spa YN No Sq Ft MU 2355 Upper Sq Ft 527

Property Features

Accessibility Features YN No Acres <1/4 Acre Association YN No Current Financing ConventionalFHA 203(k) Dpr YN Yes Laundry In Basement New Construction YN No Possession Closing Property Attached YN No Property Condition Fixer Property Sub Type Single Family Residence Rooms Total 11 Semi Annual Property Tax Amt 1910 Solid Waste Yes Special Listing Conditions As IsCosmetics NeededDefects/None NotedFixer UpperNeeds UpdatingSales Disclosure On FileShort Sale Tax Exemption Homestead Tax Exemption Tax Year 2024 Township Washington Transaction Type Sale Utilities Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected Water Source Public

Listing provided courtesy of CC & R Realty, LLC: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Nate Vanpelt | eXp Realty, LLC.

Based on information submitted to the MLS GRID as of 2026-04-15T09:24:56.137. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Nate Vanpelt | eXp Realty, LLC
9465 Counselors Row
Indianapolis IN, 46240