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Day Care Property with Parking
For Sale
$299,000

104 E 38th Street, Indianapolis, IN 46205

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size0.30 Acres
Days on Market378

Property Features for 104 E 38th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning D9
High school Shortridge High School
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions On the NE corner of N Pennsylvania St. and 38th.
Subdivision 4903 - Marion - Washington
Standard status Active
APN 490613115017000801
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Brodleigh Pt Of Lots 41 & 42 Beg Ne Cor L41; S103'w114.61' Nw19.19' N90.66' E126' To Beg
Legal Description Brodleigh Pt Of Lots 41 & 42 Beg Ne Cor L41; S103'w114.61' Nw19.19' N90.66' E126' To Beg

Amenities

parking lot
fenced front yard
hard-surface flooring

Building Details

Year built 1910
Floors in Building 1
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Eric Forney · License #RB14051770
Added: Aug 21, 2025 Changed: Sep 1 Last Checked: Sep 2 at 5:06PM
MLS# 22057383

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1910 ranch-style property was previously operated as a daycare and offers a layout suited to continued childcare or other commercial and residential uses. The interior includes five bedrooms, five rooms, a full kitchen, dining area, and living space, with hard-surface flooring throughout. Zoning is D9.

The 0.3-acre property occupies a corner lot with a parking area and fenced front yard. Its Indianapolis setting places it near Tarkington Park, Tea's Me Community Cafe, the Melody Inn, and other neighborhood businesses. Downtown Indianapolis, the Indiana State Fairgrounds, and major traffic routes are also identified as accessible from the property.

Key Highlights

  • Daycare layout with five bedrooms and five rooms
  • Full kitchen, dining area, and living space
  • Hard‑surface flooring throughout the building

Property Analytics

Current Use

Lashes by Shar'e Hair Salon

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Pharmacy Kitchen & Bath Showroom Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

868
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • St. Nicholas Early Learning, Inc. 3333 N Meridian St, Indianapolis, IN 46208
  • Lollipop Home Day Care 3457 Graceland Ave, Indianapolis, IN 46208
  • Mount Zion Academy 3549 Boulevard Pl, Indianapolis, IN 46208
  • Day Early Learning Lilly Family Center 3522 Central Ave, Indianapolis, IN 46205
  • God's Angels Childcare Inc 3522 Guilford Ave, Indianapolis, IN 46205

Frequently Asked Questions

What type of property is this?
Day care center - Ranch-style layout includes a full kitchen, dining area, living space, and durable hard-surface flooring.
Where is this day care center located?
The property is located at 104 E 38th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Daycare layout with five bedrooms and five rooms; Full kitchen, dining area, and living space; Hard‑surface flooring throughout the building
More about this property
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