Financial
Distress signals
Property profile

7676 38th St Indianapolis, IN 46226

OFF-MARKET
Retail space
Property ID
US31-1254022
25,872 SF 2.48 ac lot Built 1966
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 5.43-acre parcel at 7676 E. 38th St, Indianapolis, IN 46226 presents a remarkable development opportunity. Zoned SU1, this property boasts a highly desirable location, offering excellent visibility and accessibility due to its proximity to I-465 and E. 38th Street. The land's previous use as a church provides a unique history and potential for adaptive reuse, while its expansive size allows for a wide range of development possibilities, including residential, commercial, or

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?
$28k
Tax billed · 2023
Assessed value$1.03M
Assessed land$356k
Assessed improvement$676k
Effective rate2.74%

Value estimate

· Sep 2026
$620k
$558k – $682k
AI approach$620k
Submarket $/SF estimate$1.33M

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.0
Realty agency13.7
Dental Office10.4

Location

7676 38th St Indianapolis, IN 46226-5828
County assessor Recorded deeds · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5101 Post, Indianapolis, IN 46226-4169 $30,000 Sep 2023 4,405 SF
7968 Pendleton, Indianapolis, IN 46226-3957 $157,000 Jan 2021 2,592 SF
8501 Pendleton, Indianapolis, IN 46226-6601 $150,000 Sep 2020 3,750 SF
5510 Emerson, Indianapolis, IN 46226-1409 $775,000 Aug 2020 4,288 SF
7272 Pendleton, Indianapolis, IN 46226-5166 $475,000 Oct 2019 12,500 SF
3675 Post, Indianapolis, IN 46226-6062 $246,000 Feb 2019 7,135 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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