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$375,000 -

4038 Otterbein Avenue Indianapolis IN 46227

3
Bedrooms
3
Baths
N/A
SQ. Feet
(Above Ground)
0.24
Acres

Look at this OPPORTUNITY to own 2 Homes Close to University! Separate Home for In-Law Quarters! Rentals! Best Friends! Man Cave! She Shed! The List could go on & on!! Original Major Renovations Completed on Both Homes in 2008 including Windows in Home/Basement! Larger Home has 3 Bedrooms & 3 Full Updated Baths Plus Basement! 2 Bedrooms have their own en suite along w/Large Closets! Beautiful Hardwood Floors! Frplc has been Sealed Shut! All Kitchen Appliances (except microwave) Remain w/Property including Washer/Dryer! Roof is approx 3 yrs old! Gas Furnace & Central Air - New Dec. 2025! Basement has had Interior Drainage System w/Sump Pumps Installed Covered Front Porch to Enjoy the Beautiful Campus w/Lg Mature Trees Lining the Streets! Conveniently Located close to Interstate System & Shopping! Smaller Hm is approx 672 Sq Ft w/2 Bedrms (16x14 & 13x9). Roof Approx 6 yrs old! Heatpump/C/A in 2017 along w/Electric Water Heater! (Baseboard can be used for back-up heat) Stack Washer/Dryer Remains along w/Kitchen Appliances. Semi-Tax on Smaller Hm is $898.97. All Info Listed on Computer are ONLY for Larger Hm. Both Properties must be sold together due to arrangement on Lots-Seller has obtained a Variance (see supplements).

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Property Details

Price: $375,000 Previously: $375,000 Originally: $375,000 Bedrooms: 3 Bathrooms: 3.00 MLS #: 22095684 Year Built: 1923 Township: Perry Sq. Ft Total: 2,288 Type: Residential Zip Code: 46227 City: Indianapolis Subdivision: University Heights County: Marion School District: Indianapolis Public Schools High School: Arsenal Technical High School Middle School: HW Longfellow Med/STEM Magnet Midl Elementary School: Eleanor Skillen School 34

Interior Features

Interior Features:
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Electric Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Carriage/Guest House
  • Setting / Lot Description: Corner Lot, Sidewalks, Mature Trees, Variance
  • Porch: Covered
  • # Acres: 0.24

Listing Office: Crossroads Real Estate Group Llc

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 21st, 2026 at 6:58am EDT.

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