502 W 38th ST Indianapolis, IN 46208 New

UPDATED: 10/21/2025 10:33 PM ON MARKET: 8 days on market

Listed by Cheryl Strode-Gregory • CC & R Realty, LLC

$195,000

3 Beds4 Baths4,040 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,040 sqft

Price per Sqft $48

Subdivision Columbia Place

MLS Listing ID 22069040

Bedrooms 3

Full Baths 2

Half Baths 2

HOA Y/N No

Year Built 1950

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

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 a rental, in-laws quarters or a large 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 property is in need of renovations. So remember to bring your imagination when touring the property.