Commercial lot on 38th - Zoned C3/D5. Previously developed. Easy access to I-465 & I-70. High traffic viability. Near signalized intersection. Located East of the intersection at 38th Street and Shadeland Avenue, this property offers a great development opportunity.
Property Details
Property Features
Listing Office:
Office Name: No Limit Real Estate, LLC
Office Email: charlenegaard@aol.com
Listing Agent: Charlene Gaard
Lot Features
Lot Information:
Lot Size: 0.45 Acres
Other
Directions Information:
Directions: 38th St east to property
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
Tax Information:
Annual Amount: $1,388
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Indianapolis, IN.
This property is $123.1K less than the Median Sold Price in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21722954
Listing Office:
Office Name: No Limit Real Estate, LLC
Office Email: charlenegaard@aol.com
Listing Agent: Charlene Gaard
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/27/2024, 12:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,388
$46,800
2019
$1,388
$46,800
2018
$1,492
$46,800
2017
$1,562
$46,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$691
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
George H. Fisher Elementary School 93
7151 E 35th St
Distance between this listing and this school0.47 miles
Public Charter Grades KG-6
5
/10
Circle City Preparatory Charter School
4002 N Franklin Rd
Distance between this listing and this school0.91 miles
Public Charter Grades KG-4
2
/10
Tindley Summit Academy
3698 Dubarry Rd
Distance between this listing and this school1.54 miles
Public Charter Grades KG-6
Nearby Schools
4
/10
Arlington Middle School
120 E Walnut St
Distance between this listing and this school1.61 miles
Public District Grades 7-8
4
/10
Belzer Middle School
7555 E 56th St
Distance between this listing and this school1.95 miles
Public District Grades 7-8
4
/10
Phalen Leadership Academy - in Inc
3920 Baker Dr
Distance between this listing and this school2.29 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Geo Next Generation Academy
4002 N Franklin Rd
Distance between this listing and this school0.91 miles
Public Charter Grades 9-11
3
/10
Insight School of Indiana
2855 N Franklin Rd
Distance between this listing and this school1.57 miles
Public Charter Grades 7-12
5
/10
Thrival Academy
1500 E Michigan St
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $53,000. The most common annual income of people living in Indianapolis, IN is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7039 E 38th St
What is the listing price of this property?
The listing price of 7039 E 38th St property is $125,000.
What type of property is this?
The property 7039 E 38th St is land located in Indianapolis, Indiana, 46219.
Is this property for sale now?
Active Listing: 7039 E 38th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,388 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7039 E 38th St in Indianapolis, IN and zip code 46219 in the Arlington Woods neighborhood. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since July 04, 2020 and is currently priced at $125,000.
Over 170 listings were sold over their listed price in November 2024 in Indianapolis, IN. In the same period over 429 listings were sold below the listed price and 231 listings were sold for the listed price. Between October 2024 and November 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 5.8%. In November 2024 median list price was $248,146 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
Pro Boxing
Pro Boxing
Mexican League Soccer
NHRA Drag Racing
Family Dollar
Burlington
Big Lots
White Castle
Church's Chicken
Golden Corral
Chevrolet
Kia
Buick
Rock
Urban Adult Contemporary
Adult Standards