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5397 E 38th Street

Indianapolis, IN 46218

ActiveListed Nov 12, 2025 · 321 days on market

Key facts

Living area
2,964 sqft
Lot
0.23 acres
Type
Commercial Sale · Business
MLS #
22073143
County
Marion
Total building area
2,964 sqft

About this home

Currently used as a Real Estate office but has other possibilities. Located on bus line across from library. Freshly painted with a basement and 2 car garage

Description provided by the listing brokerage.

Exterior

Parking and garage
AttachedGarage Faces RearOn Street

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
C-1

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,336 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,758per month, estimated
Principal and interest $1,462Property tax $195Insurance $102
20% · $58,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$290,000
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