RENTED FOR $1,425/MONTH, this West Indianapolis single-family is generating income on day one with a lease in place through September 2026. Walking distance to Riverside Park, this is a low entry point at $115,000 with a reliable tenant already in place - an easy add to any rental portfolio.
Active
Price cut: $4K (6/22)
$108,000
1440 Herschell Ave, Indianapolis, IN 46202
2beds
832sqft
Residential, Single Family Residence
Built in 1940
5,662 Square Feet Lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
- 106 days |
- 135 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Max Moore 317-476-3338,
@properties,
Batch Ceesay,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22092719
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Laundry
- Level: Main
- Area: 60 Square Feet
- Dimensions: 10x6
Living room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None
Features
- Attic Access
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 832
- Total interior livable area: 832 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 490627127090000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Miller & Wacker Parkway
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $55,900
- Annual tax amount: $1,196
- Date on market: 4/1/2026
- Cumulative days on market: 62 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $108,000$130/sqft |
Source:  MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 7/2/2026 | Pending sale | $108,000$130/sqft |
Source: MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 6/22/2026 | Price change | $108,000-3.6%$130/sqft |
Source: MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 6/4/2026 | Listed for sale | $112,000$135/sqft |
Source: MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 5/11/2026 | Pending sale | $112,000$135/sqft |
Source: MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 4/24/2026 | Price change | $112,000-2.6%$135/sqft |
Source: MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 4/14/2026 | Pending sale | $115,000$138/sqft |
Source: MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 4/1/2026 | Listed for sale | $115,000+155.6%$138/sqft |
Source: MIBOR as distributed by MLS GRID #22092719 Report a problem | ||
| 9/17/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/12/2022 | Listed for rent | $995$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/22/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/15/2021 | Listed for rent | $995$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/2/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/12/2021 | Listed for rent | $995$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/22/2021 | Sold | $45,000-9.8%$54/sqft |
Source: MIBOR as distributed by MLS GRID #21775391 Report a problem | ||
| 4/3/2021 | Pending sale | $49,900$60/sqft |
Source:  Carpenter Realtors #21775391 Report a problem | ||
| 4/1/2021 | Listed for sale | $49,900$60/sqft |
Source: Carpenter Realtors #21775391 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,196 +4.6% | $55,900 +10.9% |
| 2024 | $1,143 +17.5% | $50,400 +4.6% |
| 2023 | $973 | $48,200 +17% |
| 2022 | -- | $41,200 +35.1% |
| 2021 | -- | $30,500 +0.3% |
| 2020 | -- | $30,400 +12.6% |
| 2019 | -- | $27,000 +23.3% |
| 2018 | $32 -47.4% | $21,900 +7.9% |
| 2017 | $61 +3.1% | $20,300 +3% |
| 2016 | $59 | $19,700 -9.2% |
| 2014 | $59 | $21,700 |
| 2013 | $59 | $21,700 -29.1% |
| 2012 | -- | $30,600 -1.3% |
| 2011 | -- | $31,000 |
| 2010 | -- | $31,000 |
| 2009 | -- | $31,000 -6.1% |
| 2007 | -- | $33,000 +32.5% |
| 2006 | -- | $24,900 +4.6% |
| 2005 | -- | $23,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near NW-Riverside
Nearby schools
GreatSchools rating
- 6/10George Washington Carver School 87Grades: PK-5Distance: 1.2 mi
- 4/10Cold Spring SchoolGrades: K-8Distance: 1.9 mi
- 1/10Crispus Attucks Medical Magnet High School (9-12)Grades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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