8 months on rocket

545 E 38th St, Indianapolis, IN, 46205

$129,000

Home List Price

$1,532*

Closing Credit

2 Bedrooms
2 Full Baths, 2 Partial
1,800 SqFt
$72/SqFt
House
Schools Nearby

Location

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545 E 38th St, Indianapolis$129,000

Buyer Closing Credits

$1,532*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #21937602
Lot Size0.06 Acres
StatusActive

About 545 E 38th St

The property was used as a business in the past. Currently zoned residential. The kitchen on the main floor was removed, but there is a kitchen on the second level. The wall covering the stairs can be removed to connect the main level to the upstairs. Current access to upstairs through the back door. The property has 2 full bathrooms and 2 half bath. Parking lot included off of Park Ave. Dry half-basement. AC/furnace in working condition. New exterior hose spigot. Exterior recently power-washed. New shingles installed on east bump-out in 2022.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1920
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: Thompson Home Sales
  • Office Email: chad@thompsonhomesales.com
  • Listing Agent: Chad Thompson

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Interior: Screens Some

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Arsenal Technical High School, Public District Grades 9-12
  • Rousseau Mc Clellan 91, Public Magnet Grades KG-8
  • Merle Sidener Gifted Academy, Public District Grades 2-8
  • H L Harshman Middle School, Public District Grades 7-8
  • Louis B Russell Jr School 48, Public District Grades PK-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: On 38th st with parking off of Park Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,000
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $2,047
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

545 E 38th St vs Indianapolis

260 DAYS ON ROCKET

+215 Days

$129,000

-$110.7K Less

$72/SqFt

-$63 Less

KEY TAKEAWAY

This property is $110.7K less than the Median Sold Price and $63/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21937602

Listing Office:

  • Office Name: Thompson Home Sales
  • Office Email: chad@thompsonhomesales.com
  • Listing Agent: Chad Thompson

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:16:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,047$88,700
2019$1,876$86,700
2018$1,546$76,100
2017$1,405$69,900

History based on county public records data.

Payment Calculator

$711

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$453

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1429207
1
/10
  • Louis B Russell Jr School 48

  • 3445 Central Ave

  • 0.40 miles

  • Public District Grades PK-6

school-card-donut-1429208
2
/10
  • Theodore Potter School 74

  • 1601 E 10th St

  • 3.17 miles

  • Public District Grades KG-6

school-card-donut-1429209
4
/10
  • Ernie Pyle School 90

  • 3351 W 18th St

  • 4.33 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1429210
3
/10
  • Rousseau Mc Clellan 91

  • 5111 Evanston Ave

  • 1.84 miles

  • Public Magnet Grades KG-8

school-card-donut-1429211
9
/10
  • Merle Sidener Gifted Academy

  • 2424 Kessler Boulevard East Dr

  • 2.97 miles

  • Public District Grades 2-8

school-card-donut-1429212
2
/10
  • H L Harshman Middle School

  • 1501 E 10th St

  • 3.16 miles

  • Public District Grades 7-8

High School

school-card-donut-1429213
1
/10
  • Arsenal Technical High School

  • 1500 E Michigan St

  • 3.50 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,500. The most common annual income of people living in Indianapolis, IN is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 545 E 38th St

What is the listing price of this property?

The listing price of 545 E 38th St property is $129,000.

What type of property is this?

The property 545 E 38th St is a house located in Indianapolis, Indiana, 46205.

Is this property for sale now?

Active Listing: 545 E 38th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 545 E 38th St are:
Louis B Russell Jr School 48: GreatSchools Rating 1/10
Theodore Potter School 74: GreatSchools Rating 2/10
Ernie Pyle School 90: GreatSchools Rating 4/10
Rousseau Mc Clellan 91: GreatSchools Rating 3/10
Merle Sidener Gifted Academy: GreatSchools Rating 9/10
H L Harshman Middle School: GreatSchools Rating 2/10
Arsenal Technical High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,047 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 545 E 38th St has 2 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 545 E 38th St is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 545 E 38th St is 1920.

Rocket HomesIndianaMarion CountyIndianapolis46205545 E 38th St

This home is located at 545 E 38th St in Indianapolis, IN and zip code 46205 in the Mapleton / Fall Creek neighborhood. This 1,800 square foot home, which was built in 1920, sits on a 0.06 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 11, 2023 and is currently priced at $129,000.

In March 2024, from all listings sold in Indianapolis, IN there were more than 225 sold above asking price, over 502 sold below and more than 262 were sold right at the asked price. Between February 2024 and March 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 7.4%. In March 2024 median list price was $239,776 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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