Welcome to 4040 N. College Ave., a charming two-story townhome offering approximately 1, 280 square feet of comfortable living space in a highly desirable Indianapolis location. This well-maintained home features 3 bedrooms, 1.5 bathrooms, and versatile living areas perfect for families, roommates, students, or professionals. Enjoy the convenience of being located directly on the IndyGo Red Line and the Monon Trail, providing easy access throughout the city. The property is just minutes from Butler University, Marian University, and IU Indianapolis (IU Indy), making it an excellent option for students, faculty, and staff. You'll also love being close to some of Indianapolis' most popular destinations, including Broad Ripple, Mass Ave, and Downtown Indianapolis, where you'll find outstanding dining, entertainment, shopping, and cultural attractions. Situated on a generous lot, this home offers ample outdoor space for relaxing and entertaining. Built in 1910, it combines historic character with modern convenience. Move-in Special: 1/2 off your first month's rent. Flexible deposit options available. Schedule your showing today!
Townhouse for rent
$1,850/mo
Fees may apply
4040 N College Ave, Indianapolis, IN 46205
3beds
1,280sqft
Price may not include required fees and charges. Learn more|
Townhouse
Available now
No pets
What's special
Generous lotCharming two-story townhome
- 104 days |
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Zillow last checked:
Listing updated:
Travel times

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Hardwood Floors
Interior area
- Total interior livable area: 1,280 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 490613101095000801
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Condition
- Year built: 1910
Building
Management
- Pets allowed: No
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $1,850-2.6%$1/sqft |
Source: eXp Realty #22077398 Report a problem | ||
| 6/9/2026 | Price change | $1,900-2.6%$1/sqft |
Source: eXp Realty #22077398 Report a problem | ||
| 5/31/2026 | Price change | $1,950-1.3%$2/sqft |
Source: eXp Realty #22077398 Report a problem | ||
| 5/23/2026 | Price change | $1,975-1.3%$2/sqft |
Source: eXp Realty #22077398 Report a problem | ||
| 4/9/2026 | Price change | $2,000-11.1%$2/sqft |
Source: eXp Realty #22077398 Report a problem | ||
| 1/26/2026 | Listed for rent | $2,250+28.6%$2/sqft |
Source: eXp Realty #22077398 Report a problem | ||
| 9/29/2025 | Sold | $382,500-1.9%$299/sqft |
Source: | ||
| 8/22/2025 | Pending sale | $389,900$305/sqft |
Source: | ||
| 8/8/2025 | Listed for sale | $389,900+4%$305/sqft |
Source: | ||
| 6/25/2025 | Listing removed | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/11/2025 | Price change | $1,750-5.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2025 | Listed for rent | $1,850+12.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2022 | Sold | $375,000$293/sqft |
Source: | ||
| 5/17/2022 | Pending sale | $375,000$293/sqft |
Source: | ||
| 5/10/2022 | Listed for sale | $375,000$293/sqft |
Source: | ||
| 5/7/2022 | Pending sale | $375,000$293/sqft |
Source: | ||
| 5/4/2022 | Listed for sale | $375,000+87.5%$293/sqft |
Source: | ||
| 5/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/19/2022 | Listed for rent | $1,650+106.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/18/2021 | Sold | $200,000-11.1%$156/sqft |
Source: | ||
| 9/9/2021 | Pending sale | $224,900$176/sqft |
Source: | ||
| 8/25/2021 | Listed for sale | $224,900+7.6%$176/sqft |
Source: | ||
| 5/8/2020 | Listing removed | $800$1/sqft |
Source: AMG Property Management LLC Report a problem | ||
| 4/27/2020 | Listed for rent | $800$1/sqft |
Source: AMG Property Management LLC Report a problem | ||
| 8/7/2019 | Listing removed | $209,000$163/sqft |
Source: MIBOR REALTOR Association #21637481 Report a problem | ||
| 7/2/2019 | Listed for sale | $209,000$163/sqft |
Source: MIBOR REALTOR Association #21637481 Report a problem | ||
| 6/7/2019 | Pending sale | $209,000$163/sqft |
Source: MIBOR REALTOR Association #21637481 Report a problem | ||
| 6/1/2019 | Listed for sale | $209,000$163/sqft |
Source: MIBOR REALTOR Association #21637481 Report a problem | ||
Neighborhood: Meridian Kessler
Nearby schools
GreatSchools rating
- 3/10James Whitcomb Riley School 43Grades: PK-5Distance: 0.8 mi
- NAJoyce Kilmer School 69Grades: 6Distance: 1.5 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.9 mi







