Ranch Office and Service Building

104 E 38th Street, Indianapolis, IN 46205

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For Sale

$389,000

COMMERCIAL - Indianapolis, IN

Lot size:

0.30 Acres

HighLights

Year built 1910 ranch with 5 bedrooms and multiple adaptable rooms
Previously operated as a daycare; layout includes five rooms plus a full kitchen, dining area, and living space
Hard‑surface flooring throughout for easier maintenance and durability
Corner lot with fenced front yard and on‑site parking lot for clients and staff
Flexible use indicated: residential or commercial use

We can help!

Contact an agent

Eric Forney

For Sale

$389,000

COMMERCIAL - Indianapolis, IN

Lot size:

0.30 Acres

Added:: Aug 21, 2025
Days on Market:: 317
Last Refresh:: Jul 3 at 3:06 am

Property Features for 104 E 38th Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: D9
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

Building Details

Year built: 1910
Floors in Building: 1

We can help!

Contact an agent

Eric Forney

Listing agent Eric Forney License #RB14051770

Listing office Keller Williams Indy Metro S Kingston St Ste 100 8102, Avon, IN

Listing date Aug 21, 2025

MLS# 22057383

HighLights

Year built 1910 ranch with 5 bedrooms and multiple adaptable rooms
Previously operated as a daycare; layout includes five rooms plus a full kitchen, dining area, and living space
Hard‑surface flooring throughout for easier maintenance and durability
Corner lot with fenced front yard and on‑site parking lot for clients and staff
Flexible use indicated: residential or commercial use

Overview

This 5-bedroom ranch-style building was previously operating as a daycare and includes five rooms plus a full kitchen, dining area, and living space. Hard-surface flooring runs throughout, supporting easy maintenance for everyday use. The property is positioned on a corner lot and includes a parking lot and a fenced front yard to support client or staff arrival and drop-off needs. Zoned D9, the building’s layout can accommodate a range of commercial-style uses based on the existing room configuration.

Located at 104 E 38th Street in Indianapolis, the site is described as being steps from Tarkington Park and nearby local amenities including Tea’s Me Community Cafe and the Melody Inn. The property also provides convenient access to Downtown Indianapolis and the Indiana State Fairgrounds, with proximity to major traffic routes noted in the listing remarks.

For tenants, buyers, or operators looking for a flexible interior footprint, the existing room count and kitchen/dining areas can support office or studio-type setups, as well as continued childcare operations. The combination of a corner-lot placement, parking availability, and fenced front yard adds practical day-to-day functionality for client-facing use. ForSale pricing is listed as $389,000.

Property Profile Location Intelligence

Current Use by Public Records

Lashes by Shar'e Hair Salon

Suggested Use

Similar Places Nearby

Mount Zion Academy — 3549 Boulevard Pl, Indianapolis, IN 46208
Lollipop Home Day Care — 3457 Graceland Ave, Indianapolis, IN 46208
St. Nicholas Early Learning, Inc. — 3333 N Meridian St, 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

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.154155
Latitude: 39.825201

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For sale
Day care centers
IN
Indianapolis
46205
104 E 38th Street

What type of property is this?

Day care center - Previously a daycare, this ranch offers flexible interior rooms, hard-surface floors, and a corner-lot parking setup.

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 $389,000.

What are key features of this property?

This property features: Year built 1910 ranch with 5 bedrooms and multiple adaptable rooms; Previously operated as a daycare; layout includes five rooms plus a full kitchen, dining area, and living space; Hard‑surface flooring throughout for easier maintenance and durability

104 E 38th Street, Indianapolis, IN 46205

COMMERCIAL - Indianapolis, IN

Property Features for 104 E 38th Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Hard-Corner Retail/Office Building

Elevator-Served Mixed-Use Building

Flexible Office Building with Detached Garage

Industrial Flex with Multiple Overhead Doors

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Warehouse Redevelopment Site

Multi-Office Building with Private Parking

Two-Level Office Building with Conference Rooms

Auto Shop with Paint Booth

FAQs