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3840 W 38th Street

Anderson, IN 46011

3 beds
3 baths
2,669 sqft
~5 acre lot
$215 per sqft
1977 build

WOW! A Rare Country Retreat on 5 Acres - Greenhouse | Barn | Income-Producing Crop... Discover the charm and possibilities of this unique mini-farmstead located just minutes from town, yet tucked away in a serene country setting! Situated on 5 beautiful acres, this one-of-a-kind property offers the ideal blend of comfort, sustainability, and rural living. The Home: This well-maintained residence offers inviting living spaces designed for everyday life and special gatherings alike. Warm and welcoming, the home offers ample natural light, a functional layout, and peaceful views of the land from every window. Outbuildings & Amenities: Classic Barn with loft perfect for equipment, livestock, or workshop needs. Walk-in cooler for multi use. High Tunnel Hoop House: ideal for extending your growing season. Greenhouse: 16'x12' greenhouse with electrical hookup. Perfect for seed starting and growing. Fenced Animal Pasture: 1 acre of fenced livestock pasture with chicken coop, animal shelter, and water access. Additional livestock paddock connected to the barn with inside barn access and livestock pen. Established Asparagus Crop: a turn-key, income-producing opportunity with established seasonal customers. The Land: With 5 usable acres, this property is a dream for those wanting space to grow, roam, or generate supplemental income. Whether you're seeking a peaceful retreat, a homesteading lifestyle, a farmhouse-style indoor/outdoor venue or your next agri-investment, this land delivers flexibility and future potential. Perfect For Small-scale farmers & agri-preneurs, Homesteaders looking to live off the land, Families seeking fresh air, freedom, and room to grow or Buyers who crave self-sufficiency and income potential! Just minutes from Anderson amenities and major highways, yet with the peace and privacy of true country living. Don't miss your chance to own a slice of the good life - schedule your private tour today!

Listing courtesy of MIBOR / Keller Williams Indy Metro NE

Last checked: Checking… • Last updated Jun 10, 2025 •

MLS# 22042261 —

The Building

Year Built:

1977
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Ranch
Foundation Details:

Slab
Levels:

One
Basement:

false
Exterior Features:

Barn Pole, Out Building With Utilities, Outdoor Fire Pit, Playset
Patio And Porch Features:

Open Patio
Accessibility Features:

No
Green Certification:

No
Building Area Total:

2669

Interior

Rooms:

10
Rooms Total:

10
Rooms Total:

10
Interior:

Bedroom Other on Main,Living Room Formal
Interior Features:

Attic Access, Breakfast Bar, Built In Book Shelves, Center Island, Entrance Foyer, Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s)
Kitchen Features:

Kitchen Updated
Other Equipment:

Smoke Alarm
Eating Area:

Breakfast Room,Formal Dining Room
Laundry Features:

Laundry Room, Main Level, Sink
Fireplaces Total:

1
Fireplace Features:

Family Room, Woodburning Fireplce

Room Dimensions

SqFt:

2669
Main Level SqFt:

2669
Living Area:

2669

Location

Directions:

GPS Friendly
Latitude:

40.076309
Longitude:

-85.739336

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

481121400005000003
Acres:

5-10 Acres
Lot Features:

Not In Subdivision, Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), See Remarks
Lot Size Acres:

5
Lot Size SqFt:

217,800 Sqft
Price Per Acre:

115000
Property Condition:

Updated/Remodeled
Waterfront:

false
Fencing:

Fence Full Rear, Gate, Perimeter
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Exemptions:

Homestead Tax Exemption
Semi Annual Property Tax Amt:

1445

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

3
Primary Bedroom Description:

Bedroom 2nd Primary

Baths

Baths:

3
Full Baths:

3
Full Baths:

3
Full Baths Main:

3

The Listing

Virtual Tour Branded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air, Electric

Utilities

Utilities:

Cable Available, Septic System, Well
Water Source:

Private Well
Solid Waste:

Yes

Appliances

Appliances:

Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Microwave, Double Oven, Refrigerator, Tankless Water Heater, Water Softener Owned

Schools

Elementary School:

Anderson Elementary School
Middle Or Junior School:

Highland Middle School
High School:

Anderson High School
High School District:

Anderson Community School Corp

The Community

Subdivision Name:

No Subdivision
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Attached
Garage:

true
Garage Spaces:

2
Garage SqFt:

1289

Monthly cost estimate

Asking price

$575,000

Expense	Monthly cost
Mortgage	$3,078
Taxes	$240
Insurance	$158
Utilities	$181 See report
Total	$3,657/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/9/25 Jun 9, 2025	Pending	MIBOR	$575,000
6/4/25 Jun 4, 2025	Listed / Active	MIBOR	$575,000	181.2% (10.1% / YR)
6/11/07 Jun 11, 2007		MIBOR	$204,500

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This house located in Anderson, IN 46011 is currently pending sale for $575,000. 3840 W 38th Street is a 2,669 square foot house with 3 beds and 3 baths. This house is in the attendance area of Highland Middle School, Anderson Elementary School, and Anderson High School.

Listing Courtesy of: MIBOR and Keller Williams Indy Metro NE.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the 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.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service