Pending64d on market
502 W 38th St
Indianapolis, IN, 46208 • Butler-Tarkington • Marion County
$180,000
$45/sqft
Down payment assistance available
3Beds
4Baths
4,040Sqft
0.18 acLot
1950Built
Property DNA
Neighborhood Views
Neighborhood
Traditional Style
Built 1950 · 76 years of history
Columbia Place
Butler-Tarkington
2 Fireplaces
Basement · Living Room · Wood Burning
1-Car Garage
Attached
Premium Finishes
Hardwood Floors
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 64 days ago · 1,335 views · 70 saves
Market activity
Demand and pricing signals for this listing
1,335 views
People checking out this listing
70 saves
Buyers have saved this home
64 days on market
Established listing
$45/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 35% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1950
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.
Standout features identified
Our analysis highlights dining room and breakfast room as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,181/month
Principal & Interest$941
Property Tax$180
Insurance$60
Down payment20% ($36,000)
3%50%
Est. 6.83% rate · 30yr fixed · $144,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1950
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking1 Attached Garage space
Lot7,840 sqft
Days on Zillow64 Days
Price/sqft$45
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
ConditionFixer
Year built1950
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionStone
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage1 spaces
BasementExterior Entry,Finished Walls,Full,Interior Entry
Fireplaces2
Lot7,840 sqft
Location & Tax
NeighborhoodButler-Tarkington
Annual tax$3,820
Parcel490614152011000801
Bathrooms & Fees
Full baths2
Features & details
11 categories of property features
Interior Features
Interior
Attic Access
Entrance Foyer
Hardwood Floors
Appliances
None
Flooring
Hardwood
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
In Basement
Fireplace
Basement
Living Room
Wood Burning
Exterior Features
Parking
Attached
Construction
Stone
Views
Neighborhood
Utilities
Electricity Connected
Sewer Connected
Water Connected
Room details
10 rooms detailed
Master Bedroom
Upper14×12 ft168 sqft
Bedroom2
Main12×10 ft120 sqft
Bedroom3
Main12×10 ft120 sqft
Dining Room
Main12×12 ft144 sqft
Guest Room
Basement19×9 ft171 sqft
Other
Kitchen
Main10×10 ft100 sqft
Tile-Ceramic
Listing insights
Market data and value estimates
StatusPending
Days on market64
Tax rate0.96%
Price/sqft$45
On marketFeb 3, 2026
PostedFeb 3, 2026
Last sold$140,000
MLS statusPending
MLS updatedApr 1, 2026
Tour days6
Views1,335
Favorites70
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46208
Price history
27 events
DateEventPrice$/sqftSource
Mar 30, 2026Pending Sale$180,000$45MIBOR as distributed by MLS GRID
Feb 3, 2026Listed For Sale$180,000$45MIBOR as distributed by MLS GRID
Nov 17, 2025Listing Removed$185,000$46MIBOR as distributed by MLS GRID
Nov 7, 2025Price Change$185,000$46MIBOR as distributed by MLS GRID
Oct 20, 2025Listed For Sale$195,000$48MIBOR as distributed by MLS GRID
Jun 19, 2025Listing Removed$275,000$68MIBOR as distributed by MLS GRID
Apr 30, 2025Listed For Sale$275,000$68MIBOR as distributed by MLS GRID
Mar 5, 2025Listing Removed$275,000$68MIBOR as distributed by MLS GRID
Jan 25, 2025Listed For Sale$275,000$68MIBOR as distributed by MLS GRID
Jan 24, 2025Pending Sale$275,000$68MIBOR as distributed by MLS GRID
Jan 23, 2025Listed For Sale$275,000$68MIBOR as distributed by MLS GRID
Jan 13, 2025Pending Sale$275,000$68MIBOR as distributed by MLS GRID
May 23, 2014Sold$140,000$35Public Record
Jul 30, 2013Pending Sale$148,400$37RE/MAX ABILITY PLUS
Jul 20, 2013Price Change$148,400$37RE/MAX ABILITY PLUS
Jul 13, 2013Price Change$148,900$37RE/MAX ABILITY PLUS
Jul 6, 2013Price Change$149,400$37RE/MAX ABILITY PLUS
Jul 2, 2013Price Change$149,900$37RE/MAX ABILITY PLUS
Jun 26, 2013Price Change$151,400$37RE/MAX ABILITY PLUS
Jun 19, 2013Price Change$151,900$38RE/MAX ABILITY PLUS
Jun 11, 2013Price Change$152,400$38RE/MAX ABILITY PLUS
Jun 4, 2013Price Change$152,900$38RE/MAX ABILITY PLUS
May 24, 2013Price Change$153,900$38RE/MAX ABILITY PLUS
May 11, 2013Price Change$154,900$38RE/MAX ABILITY PLUS
Apr 26, 2013Listed For Sale$155,900$39RE/MAX ABILITY PLUS
Jul 28, 2008Sold$106,250$26Public Record
Apr 17, 2003Sold$30,000$7MIBOR as distributed by MLS GRID
Pending Sale$180,000
Mar 30, 2026•$45/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$180,000
Feb 3, 2026•$45/sqft•MIBOR as distributed by MLS GRID
Listing Removed$185,000
Nov 17, 2025•$46/sqft•MIBOR as distributed by MLS GRID
Price Change$185,000
Nov 7, 2025•$46/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$195,000
Oct 20, 2025•$48/sqft•MIBOR as distributed by MLS GRID
Listing Removed$275,000
Jun 19, 2025•$68/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$275,000
Apr 30, 2025•$68/sqft•MIBOR as distributed by MLS GRID
Listing Removed$275,000
Mar 5, 2025•$68/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$275,000
Jan 25, 2025•$68/sqft•MIBOR as distributed by MLS GRID
Pending Sale$275,000
Jan 24, 2025•$68/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$275,000
Jan 23, 2025•$68/sqft•MIBOR as distributed by MLS GRID
Pending Sale$275,000
Jan 13, 2025•$68/sqft•MIBOR as distributed by MLS GRID
Sold$140,000
May 23, 2014•$35/sqft•Public Record
Pending Sale$148,400
Jul 30, 2013•$37/sqft•RE/MAX ABILITY PLUS
Price Change$148,400
Jul 20, 2013•$37/sqft•RE/MAX ABILITY PLUS
Price Change$148,900
Jul 13, 2013•$37/sqft•RE/MAX ABILITY PLUS
Price Change$149,400
Jul 6, 2013•$37/sqft•RE/MAX ABILITY PLUS
Price Change$149,900
Jul 2, 2013•$37/sqft•RE/MAX ABILITY PLUS
Price Change$151,400
Jun 26, 2013•$37/sqft•RE/MAX ABILITY PLUS
Price Change$151,900
Jun 19, 2013•$38/sqft•RE/MAX ABILITY PLUS
Price Change$152,400
Jun 11, 2013•$38/sqft•RE/MAX ABILITY PLUS
Price Change$152,900
Jun 4, 2013•$38/sqft•RE/MAX ABILITY PLUS
Price Change$153,900
May 24, 2013•$38/sqft•RE/MAX ABILITY PLUS
Price Change$154,900
May 11, 2013•$38/sqft•RE/MAX ABILITY PLUS
Listed For Sale$155,900
Apr 26, 2013•$39/sqft•RE/MAX ABILITY PLUS
Sold$106,250
Jul 28, 2008•$26/sqft•Public Record
Sold$30,000
Apr 17, 2003•$7/sqft•MIBOR as distributed by MLS GRID
Tax history
19 years of records
YearTax paidAssessed value
Apr 9, 2024$3,989$318,900
Apr 9, 2023$3,535$334,900
Apr 9, 2022$2,615$294,900
Apr 9, 2021$2,292$225,500
Apr 9, 2020$2,336$197,800
Apr 9, 2019$2,153$197,800
Apr 9, 2018$1,809$181,400
Apr 9, 2017$1,786$167,900
Apr 9, 2016$1,741$162,300
Apr 9, 2014$1,793$166,900
Apr 9, 2013$1,503$166,900
Apr 9, 2012$1,503$160,000
Apr 9, 2011—$165,500
Apr 9, 2010$3,339$160,600
Apr 9, 2009$1,739$164,700
Apr 9, 2007—$168,800
Apr 9, 2002—$57,400
Apr 9, 2001—$19,130
Apr 9, 2000—$19,130
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-09 07:02:58 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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