545 East 38th Street

Indianapolis, IN 46205

$129,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Check out this duplex located in Watson Park. The property had recently been used as a business and historically it was a pharmacy in the 1960's and became a flower shop and hair salon later on. The main level kitchen was removed for the most recent business. Dry half basement is accessible from main level. Upstairs studio apartment with 1 bath and kitchen. Off street parking lot included. AC/Furnace in working condition. New outside hose spigot. Recent exterior power-wash. New shingles installed...Check out this duplex located in Watson Park. The property had recently been used as a business and historically it was a pharmacy in the 1960's and became a flower shop and hair salon later on. The main level kitchen was removed for the most recent business. Dry half basement is accessible from main level. Upstairs studio apartment with 1 bath and kitchen. Off street parking lot included. AC/Furnace in working condition. New outside hose spigot. Recent exterior power-wash. New shingles installed on the east bump out in 2022.
  1. Listed by Chad Thompson • Thompson Home Sales • chad@thompsonhomesales.com

Property Details for 545 East 38th Street

Subdivision Name
Marion Highlands
Township
Center NE
Zoning
Residential

Location

Listing Courtesy of Thompson Home Sales
Add your commute
LISTING UPDATED: 03/13/2024 01:27 PM

Property Details for 545 East 38th Street

StatusActive
MLS #21937604
Days on Market175
Taxes$1,321 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1920
Lot Size0.06 AC / 2,613 SF
CountyMarion County

Location

Listing Courtesy of Thompson Home Sales
Add your commute

Building Information for 545 East 38th Street

Stories-Residences2Year Built1920Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$924 per month

30 year fixed, 7.25% Interest

Principal and Interest

$704

Property Taxes

$220

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 545 East 38th Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: On 38th street with parking lot on Park Ave.
  • Postal Code: 46205
  • Postal Code Plus4: 2767
  • Road Access: Street Cuts
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490624119062000101
  • Semi Annual Property Tax Amt: 1321
  • Tax Year: 2021
  • Additional Parcels Description: 3765 Park
  • TaxLot: 57
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Vacant
  • Lot Size Square Feet: 2597.0
  • Lot Size Acres: 0.06
  • New Construction: False
  • Year Built Numeric: 1920
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: Yes
  • Conversion: Yes
  • Legal Subdivision: Marion Highlands 61Ft E End L57 Ex Tri Tr Ne Corfor St
  • Photos Count: 16
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Web Link: www.ThompsonHomeSales.com
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Central Electric
  • Levels: One and One Half
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 96
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 108
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Studio

Property History for 545 East 38th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 545 East 38th Street

Taxable ValueLand$14,500Additions$122,500Total$137,000
Tax Record2022$3,157 ($263 / month)
Home Facts
Beds0Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories2Lot Size2,597 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1940CountyMARIONAPN49-06-24-119-062.000-101

Schools near 545 East 38th Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

545 East 38th Street is a multi-family home for sale in Indianapolis, IN 46205. This property was listed for sale on August 11, 2023 by Thompson Home Sales, it's currently listed at $129,000. It has been on the market for a total of 175 days and was last sold on December 3, 2021. This listing's school district is Indianapolis Public Schools. Nearby schools include IPS/Butler University Laboratory School 60, Arlington Community Middle School and Arsenal Technical High School. 545 East 38th Street is a 0-bed, 0-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Thompson Home Sales

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.