Primary on Main
Address
838 Doctor M.l.k. Jr Street, Indianapolis, IN
Price
$ 255,000
Property Attributes
  • MLS#22111117
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodWm Y Wileys
  • Zip46202
  • Style
  • Year Built1910
  • Taxes$ 3510
  • Price$ 255,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2668
  • Lot Size0.09 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Great investment opportunity in Historic Ransom Place, adjacent to the IU Indianapolis campus. This spacious four-bedroom home is being sold as is with immediate possession, a rare chance to add value in one of downtown's most historic neighborhoods. Hardwood flooring runs throughout the main and upper levels, and both the roof and water heater were replaced in 2025. The main level offers two bedrooms, an office, and multiple living areas, with a full bathroom on this floor and another full bathroom upstairs. The home also includes three additional rooms, each fitted with a bathtub and toilet (sinks located just outside), making the property well suited to multi occupancy, rental, or shared student housing right next to campus. Upstairs, a large bedroom and two bonus rooms could be combined into a primary suite or used as office, studio, or guest space. This home is being sold as-is. Walk to the Canal Walk and downtown Indianapolis, with easy access to I-65 and I-70.

Price History
6/30/2026 Listed $255,000

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Connected,Natural Gas Connected
Possession Closing
Appliances Gas Oven,Refrigerator,Gas Water Heater
Patio/Porch Features Deck,Covered
Architectural Style Other
Construction Materials Wood Siding
Year Built 1910
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Wm Y Wileys
Garage Y/N No
Total Rooms 10
Full Baths 4
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4095
Property Attached Y/N No
Standard Status Active
Tax Lot 491102160185000101
Legal Description Wm Y Wileys Sub L10 Ol165 Ex 11.05Ft E End For St

Interior Features

Basement Cellar,Unfinished
Basement (Y/N) Yes
Laundry Features Main Level
Total Bedrooms 4
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Parking Features Gravel,None
Lot Features Sidewalks,Storm Sewer,Street Lights,Mature Trees
Water Source Public
Foundation Details Brick/Mortar
Building Area Total 2668
Lot Size Acres 0.09
Other Equipment Smoke Alarm
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46202

Price
AVG $510K
$260K
Taxes
AVG $6,027
$3,510
Year Built
AVG 1965
1910
Visits
AVG 72
29
Data Provided by Inside Real Estate®