508 W 38th Street
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508 W 38th StreetIndianapolis, IN 46208

Active
$294,900 $5K
$289,900
Asking Price
3
Bd
2
Ba
2,118
Sqft
0.2
Ac Lot

508 W 38th Street Indianapolis, IN 46208

Single Family Property Type
31 daysTime on Dwellane
$142Price per sqft
2 carsGarage
1950Year Built
Beautifully Updated Limestone Ranch Near Newfields! Welcome to 508 W 38th Street-a charming 1950s limestone ranch that blends timeless character with modern updates. This move-in ready home offers 3 bedrooms, 1.5 baths, and an inviting layout perfect for comfortable living and entertaining. Step into the spacious, light-filled living room featuring original details like arched doorways and an ornamental fireplace. The beautifully renovated kitchen boasts new appliances, quartz countertops, and seamless flow into both the breakfast nook and formal dining area. The large primary bedroom includes a walk-in closet, convenient access to the updated half bath, and a nearby laundry room for added ease. A finished sunroom offers the perfect space to unwind with a book or serves as a delightful playroom or home office. Outside, enjoy a partially fenced yard and a detached 2-car garage. Located just minutes from Newfields, this home offers the perfect mix of charm, updates, and location. Immediate possession available-schedule your showing today! Updates include: All-new appliances, including refrigerator, dishwasher, stove, and range hood, purchased in 2025, New furnace and HVAC system installed in 2025, Brand-new gas tankless water heater installed in 2025, All windows and doors replaced with new units in 2024, Modern kitchen featuring brand-new cabinetry and stone countertops, Newly paved asphalt driveway completed in 2025, New garage door and automatic opener installed in 2025, Fully renovated full and half bathrooms, New flooring throughout and freshly painted interiors, All interior doors and door handles replaced with brand-new upgrades
Photo of bridge over the canal in Holcomb Gardens
Butler-Tarkington
Neighborhood in Midtown Indianapolis
Approximate location on a geospatial gridNorth Central Indy
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Year Built

1950

City

Indianapolis

Type

Single Family Residence

Neighborhood

Butler-Tarkington

County

Marion

Lot Size

0.2 ac / 8,799 sqft

Bedrooms

3

Full Bathrooms

1

Half Bathrooms

1

Garage Capacity

2

Living Area Total

2,118 sqft

Price per sqft

$141.60

Living Area Main & Upper

2,118 sqft

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Listing Agent

Drew Wyant
812-764-0170

Listing Provider

1 Percent Lists Indiana Real Estate

MLS #

22045640

Source

MIBOR as distributed by MLS GRID

Last Modified

Wed Jul 09 2025

Listed on

Thu Jun 19 2025

Property History

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Butler-Tarkington

Approximate location on a geospatial gridNorth Central Indy
Butler-Tarkington media

Located between Meridian-Kessler and Rocky Ripple, Butler-Tarkington is home to one of the city’s most iconic institutions: Butler University. The presence of the university shapes much of the neighborhood’s character, with cultural offerings like Clowes Memorial Hall, year-round sporting events, and scenic spots like Holcomb Gardens open to the public. Butler-Tarkington also borders key thoroughfares and sits just five miles north of Monument Circle, giving residents easy access to downtown while maintaining a close-knit, walkable feel.

The area’s mix of classic homes, tree-lined streets, and neighborhood retail hubs offers both residential comfort and local convenience. Residents can find coffee shops, bookstores, and restaurants at the 56th & Illinois corridor — home to Lunch Money Boutique, Kids Ink Children’s Bookstore, and Byrne’s Grilled Pizza. Recreational options include The Riviera Club, with its pools and tennis courts, and the nearby Central Canal Towpath, a popular route for running, biking, and dog walking. Tarkington Park also serves as a community hub, offering an updated playground, splash pad, café, and regular events.

Civic pride runs deep in Butler-Tarkington, thanks in part to one of the city's longest-running neighborhood associations. From local events to walkable access to cultural and outdoor amenities, this neighborhood offers a balanced lifestyle that appeals to longtime residents and newcomers alike. With connections to Broad Ripple and an active community life supported by institutions like the Martin Luther King Community Center, Butler-Tarkington remains a cornerstone of Midtown living in Indianapolis.

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