Motivated seller offering a great investment opportunity on Indy's Eastside. This 4-bedroom, 1.5 bath stone ranch delivers over 2,000 sq ft of livable space, including a partially finished basement. The home has solid bones, working mechanicals, and plenty of upside for buyers looking to add value. With some cosmetic updates and minor improvements, there's clear potential for instant equity. Positioned on a corner lot with a fully fenced backyard, this property is ideal for investors, flippers, or buyers seeking a valueadd project. Seller is ready to make a deal.
Active
Price cut: $10K (7/11)
$169,900
5702 E 40th St, Indianapolis, IN 46226
4beds
2,898sqft
Residential, Single Family Residence
Built in 1951
0.25 Acres Lot
$-- Zestimate®
$59/sqft
$-- HOA
What's special
Partially finished basementNice corner lotFully fenced backyard
- 37 days |
- 601 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Anthony Burris 317-657-0923,
Resilient Realty Investments
Source: MIBOR as distributed by MLS GRID,MLS#: 22106932
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 4
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 20x12
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: None, Refrigerator
Features
- Eat-in Kitchen
- Basement: Partially Finished
Interior area
- Total structure area: 2,898
- Total interior livable area: 2,898 sqft
- Finished area below ground: 680
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.25 Acres
Details
- Parcel number: 490715116010000401
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Stone
- Foundation: Block
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $158,300
- Annual tax amount: $1,582
- Date on market: 6/13/2026
- Cumulative days on market: 39 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2026 | Price change | $169,900-5.6%$59/sqft |
Source:  MIBOR as distributed by MLS GRID #22106932 Report a problem | ||
| 7/1/2026 | Price change | $179,900-2.7%$62/sqft |
Source: MIBOR as distributed by MLS GRID #22106932 Report a problem | ||
| 6/21/2026 | Price change | $184,900-2.6%$64/sqft |
Source: MIBOR as distributed by MLS GRID #22106932 Report a problem | ||
| 6/13/2026 | Listed for sale | $189,900$66/sqft |
Source: MIBOR as distributed by MLS GRID #22106932 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,292 +22.1% | $158,300 +7.7% |
| 2024 | $1,058 -4.2% | $147,000 +7.4% |
| 2023 | $1,105 +122.8% | $136,900 +5.8% |
| 2022 | $496 +38.2% | $129,400 +39.1% |
| 2021 | $359 +3% | $93,000 +8.3% |
| 2020 | $348 +49.7% | $85,900 +3.9% |
| 2019 | $233 +39.8% | $82,700 +8.5% |
| 2018 | $167 -0.3% | $76,200 +12.4% |
| 2017 | $167 +76.4% | $67,800 +8.8% |
| 2016 | $95 -59.7% | $62,300 -19.4% |
| 2014 | $235 -66.1% | $77,300 -22.8% |
| 2013 | $694 | $100,100 +2.2% |
| 2012 | $694 | $97,900 -3.1% |
| 2011 | -- | $101,000 -11.3% |
| 2010 | $953 +50.6% | $113,900 +12.8% |
| 2009 | $633 | $101,000 |
| 2007 | -- | $101,000 +1.4% |
| 2006 | -- | $99,600 +26.4% |
| 2005 | -- | $78,800 |
| 2004 | -- | $78,800 |
| 2003 | -- | $78,800 +97.5% |
| 2002 | -- | $39,900 +200% |
| 2001 | -- | $13,300 |
| 2000 | -- | $13,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Devington
Nearby schools
GreatSchools rating
- 4/10Floro Torrence School 83Grades: PK-6Distance: 0.8 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 5.8 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 4.6 mi
- $158,300-- bd0 ba1k sqft4007 N Audubon Rd, Indianapolis, IN 46226Off Market
- $160,100-- bd0 ba1.3k sqft5710 E 40th St, Indianapolis, IN 46226Off Market
- $178,1003 bd1 ba1.3k sqft5701 E 40th St, Indianapolis, IN 46226Off Market
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- $222,3003 bd2 ba2.3k sqft4013 N Audubon Rd, Indianapolis, IN 46226Off Market
- $125,300-- bd0 ba1k sqft4006 N Audubon Rd, Indianapolis, IN 46226Off Market
- $139,0003 bd2 ba2.3k sqft4014 N Audubon Rd, Indianapolis, IN 46226Off Market
- $136,800-- bd0 ba1k sqft5624 E 40th St, Indianapolis, IN 46226Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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