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  • $205,000

    534 E 40th St, Indianapolis, IN 46205

    2beds
    2,445sqft
    Residential, Single Family Residence
    Built in 1917
    2,613 Square Feet Lot
    $240,900 Zestimate®
    $84/sqft
    $1,358 Estimated rent

    Home value

    $240,900

    $224,000 - $263,000

    $1,358/mo

    Zestimate® history
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    What's special

    Meridian-Kessler | Welcome to this 2-bedroom, 1 bath bungalow that is just minutes from popular restaurants like Root&Bone, Gallery Pastry Shop, Upland Brewing Co, and several other SoBro Staples. Quality craftsmanship is shown in the professionally refinished hardwood floors, painted brick faux fireplace, and built-in bookcases. Updated kitchen with stainless appliances and new engineered stone Anya Quartz Nero Marquina countertops with added bar for additional dining/entertaining options. Upgraded privacy fence surrounds private deck/back yard & creates a great space for outdoor entertaining. Perennial landscaping has been added & makes for an easy transition come spring. Great location within walking distance to College Ave shops, restaurants and library. Less than 5-minute drive to Broad Ripple or downtown Indy and 2 blocks to Redline! Basement has finished bonus room that has a ceramic tile floor, closet and is being used for a media/exercise room.

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Webb 317-435-0996,

    Homes & Homesites

    Bought with:

    Ally Hunckler

    Maywright Property Co.

    Source: MIBOR as distributed by MLS GRID,MLS#: 21953567MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Hardwood
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom 2
    • Features: Carpet
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bonus room
    • Features: Tile-Ceramic
    • Level: Basement
    • Area: 224 Square Feet
    • Dimensions: 16 x 14
    Dining room
    • Features: Hardwood
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 10 x 15
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 153 Square Feet
    • Dimensions: 17 x 9
    Living room
    • Features: Hardwood
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18 x 13
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Gas Water Heater, Electric Oven, Refrigerator
    • Laundry: In Basement
    Features
    • Breakfast Bar, Bookcases, Hardwood Floors
    • Flooring: Hardwood
    • Windows: Screens Some, Wood Work Painted
    • Basement: Daylight,Finished,Finished Ceiling,Finished Walls,Storage Space
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Other
    Interior area
    • Total structure area: 2,445
    • Total interior livable area: 2,445 sqft
    • Finished area below ground: 1,184

    Property

    Parking
    • Parking features: Street Only
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck
    • Fencing: Fenced,Privacy
    Lot
    • Size: 2,613 Square Feet
    • Features: Sidewalks
    Details
    • Parcel number: 490613109017000801
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block, Crawl Space
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1917

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Municipal/City
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Northern Heights
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $84/sqft
    • Tax assessed value: $212,300
    • Annual tax amount: $2,020
    • Date on market: 11/20/2023
    • Cumulative days on market: 157 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/17/2026Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    7/6/2026Price change$1,800-4%$1/sqft
    Source: Zillow Rentals Report a problem
    7/1/2026Price change$1,875-1.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/30/2026Price change$1,900-2.6%$1/sqft
    Source: Zillow Rentals Report a problem
    6/26/2026Listed for rent$1,950+8.3%$1/sqft
    Source: Zillow Rentals Report a problem
    11/23/2024Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    11/15/2024Listed for rent$1,800+5.9%$1/sqft
    Source: Zillow Rentals Report a problem
    7/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/27/2024Listed for rent$1,700+58.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2024Sold$205,000-10.9%$84/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    4/24/2024Pending sale$230,000$94/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    4/20/2024Price change$230,000-6.1%$94/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    4/4/2024Price change$245,000-1.6%$100/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    3/8/2024Price change$249,000-2.4%$102/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    1/28/2024Price change$255,000-3.7%$104/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    12/6/2023Price change$264,900-1.9%$108/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    11/20/2023Listed for sale$269,900+66.6%$110/sqft
    Source: MIBOR as distributed by MLS GRID #21953567 Report a problem
    3/18/2021Sold$162,000-1.8%$66/sqft
    Source: MIBOR as distributed by MLS GRID #21729240 Report a problem
    2/10/2021Pending sale$164,999$67/sqft
    Source: MIBOR as distributed by MLS GRID #21729240 Report a problem
    10/24/2020Price change$164,999-2.9%$67/sqft
    Source: MIBOR REALTOR Association #21729240 Report a problem
    10/9/2020Price change$169,999-2.9%$70/sqft
    Source: MIBOR REALTOR Association #21729240 Report a problem
    9/22/2020Price change$175,000-2.8%$72/sqft
    Source: MIBOR REALTOR Association #21729240 Report a problem
    8/22/2020Price change$180,000-5.3%$74/sqft
    Source: MIBOR REALTOR Association #21729240 Report a problem
    7/31/2020Listed for sale$190,000+313%$78/sqft
    Source: MIBOR REALTOR Association #21729240 Report a problem
    7/1/2016Listing removed$1,075+53.6%
    Source: Owner Report a problem
    3/18/2013Listing removed$700
    Source: Elden Properties Report a problem
    12/22/2012Listed for rent$700
    Source: Hotpads for Rent Report a problem
    7/25/2012Sold$46,000+37.3%$19/sqft
    Source: Public Record Report a problem
    10/30/2006Sold$33,500$14/sqft
    Source: MIBOR as distributed by MLS GRID #2658677 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,042 -1.5%$212,300 +21.5%
    2024$2,073 +2.6%$174,700 -2%
    2023$2,020 +5.4%$178,200 +3%
    2022$1,916 -51.5%$173,000 +3%
    2021$3,951 +0.4%$168,000 -1.5%
    2020$3,933 +84.1%$170,600 +2.4%
    2019$2,137 -18.2%$166,600 +85.7%
    2018$2,612 +88.1%$89,700 +1.1%
    2017$1,388 -1.3%$88,700 +38.8%
    2016$1,407 +17.7%$63,900 +10%
    2014$1,196 -5.8%$58,100
    2013$1,270 $58,100 -32.8%
    2012$1,270 $86,500 -35.2%
    2011-- $133,500
    2010$2,775 -5.3%$133,500 -2.9%
    2009$2,930 $137,500 +27.3%
    2007-- $108,000
    Find assessor info on the county website

    Neighborhood: Meridian Kessler

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $240,900
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    Estimated market value
    $240,900