502 W 38th ST Indianapolis, IN 46208 Active

UPDATED: 02/05/2026 02:33 PM ON MARKET: 22 days on market

$180,000

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 $44

Subdivision Columbia Place

MLS Listing ID 22082547

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

Location

State IN

County Marion

Rooms

Basement Exterior Entry,Finished Walls,Full,Interior Entry

Main Level Bedrooms 2

Kitchen Kitchen Galley

Interior

Interior Features Attic Access,Entrance Foyer,Hardwood Floors

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Basement,Living Room,Wood Burning

Fireplace Y

Appliance None

Exterior

Garage Spaces 1.0

Utilities Available Cable Available,Electricity Connected,Natural Gas Available,Sewer Connected,Water Connected

View Y/N true

View Neighborhood

Building

Story One and One Half

Foundation Block

Water Public

Architectural Style Split Level,Traditional

Structure Type Stone

New Construction false

Schools

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.