Financial
Distress signals
Property profile

5151 38th St Indianapolis, IN 46218

OFF-MARKET
Retail space
Property ID
US31-0784794
4,084 SF 0.45 ac lot Built 1955
Last sale Sep 2024 · $325,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$115k
Assessed land$38k
Assessed improvement$78k
Effective rate2.73%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$325k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$33 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.3
Law Firm26.9
Dental Office23.5

Location

5151 38th St Indianapolis, IN 46218-1716
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3801 34th, Indianapolis, IN 46218 $500,000 Mar 2025 3,808 SF
3402 Arlington, Indianapolis, IN 46218-1803 $230,000 Feb 2024 2,716 SF
2231 38th, Indianapolis, IN 46218-1111 $80,000 Mar 2022 2,898 SF
2302 34th, Indianapolis, IN 46218-2007 $172,500 Dec 2019 5,350 SF
2705 38th, Indianapolis, IN 46218 $5,750 Dec 2019 3,048 SF
3609 38th, Indianapolis, IN 46218-1453 $13,850 Aug 2019 5,946 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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