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  • $128,500

    5831 E 40th St, Indianapolis, IN 46226

    3beds
    2,080sqft
    Residential, Single Family Residence
    Built in 1955
    7,405 Square Feet Lot
    $128,500 Zestimate®
    $62/sqft
    $1,465 Estimated rent

    Home value

    $128,500

    $122,000 - $135,000

    $1,465/mo

    Zestimate® history
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    $843/mo

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    $843/mo

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    What's special

    Additional half bathroomThree comfortable bedrooms
    Discover an inviting single-family residence at 5831 E 40th ST, INDIANAPOLIS, IN, USA. Built in 1955, this 1040 square foot home is ready for you to move in, offering a welcoming atmosphere from the moment you arrive. This home offers three comfortable bedrooms, providing ample personal space for relaxation and rest. A full bathroom and an additional half bathroom cater to everyday convenience. Spanning a single story, this property also includes a basement, offering flexible space for storage or future development. The generous 7492 square foot lot provides room for outdoor enjoyment and activities. This property presents a wonderful opportunity to embrace a comfortable and convenient lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Isabella Frazier 984-370-6886,

    Trelora Realty

    Bought with:

    Alexandria Hyche

    Dix Realty Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22097805MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 137.36 Square Feet
    • Dimensions: 13.6x10.1
    Bedroom 2
    • Level: Main
    • Area: 81.91 Square Feet
    • Dimensions: 8.11x10.1
    Bedroom 3
    • Level: Main
    • Area: 113 Square Feet
    • Dimensions: 10x11.3
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 102.7 Square Feet
    • Dimensions: 13x7.9
    Living room
    • Level: Main
    • Area: 174.08 Square Feet
    • Dimensions: 12.8x13.6
    Heating
    • Forced Air, Natural Gas, Baseboard
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Refrigerator, Water Heater
    • Laundry: In Basement
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,080
    • Total interior livable area: 2,080 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Carport, Attached
    • Garage spaces: 2
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    Lot
    • Size: 7,405 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 490715100040000401
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Stone
    • Foundation: Block, Full
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: 1st Devington
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $62/sqft
    • Tax assessed value: $137,900
    • Annual tax amount: $3,320
    • Date on market: 5/29/2026
    • Cumulative days on market: 9 days

    Price history

    DateEventPrice
    7/27/2026Sold$128,500-4.7%$62/sqft
    Source: MIBOR as distributed by MLS GRID #22097805 Report a problem
    6/8/2026Pending sale$134,900$65/sqft
    Source: MIBOR as distributed by MLS GRID #22097805 Report a problem
    5/29/2026Listed for sale$134,900+29.7%$65/sqft
    Source: MIBOR as distributed by MLS GRID #22097805 Report a problem
    1/12/2022Sold$104,000-1%$50/sqft
    Source: Public Record Report a problem
    11/20/2021Pending sale$105,000$50/sqft
    Source: MIBOR as distributed by MLS GRID #21823577 Report a problem
    11/7/2021Listed for sale$105,000+64.1%$50/sqft
    Source: MIBOR as distributed by MLS GRID #21823577 Report a problem
    1/22/2015Listing removed$800
    Source: Garner Properties & Management Report a problem
    11/12/2014Listed for rent$800
    Source: Garner Properties & Management Report a problem
    10/8/2014Listing removed$800
    Source: Garner Properties & Management Report a problem
    8/26/2014Price change$800-5.9%
    Source: Vision Property Solutions Report a problem
    8/5/2014Listed for rent$850
    Source: Vision Property Solutions Report a problem
    6/27/2014Sold$64,000+178.3%$31/sqft
    Source: Public Record Report a problem
    5/22/2014Sold$23,000-52.2%$11/sqft
    Source: MIBOR as distributed by MLS GRID #21270870 Report a problem
    1/16/2014Sold$48,143+61%$23/sqft
    Source: Public Record Report a problem
    1/12/2014Listed for sale$29,900$14/sqft
    Source: Homepath #21270870 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,320 +9.3%$137,900 -1.4%
    2024$3,039 +6%$139,900 +9.2%
    2023$2,866 +86.8%$128,100 +5.5%
    2022$1,534 +6.5%$121,400 +82.6%
    2021$1,440 -1.9%$66,500 +6.9%
    2020$1,468 -1.2%$62,200
    2019$1,487 +20.1%$62,200 -0.3%
    2018$1,238 -6%$62,400 +9.9%
    2017$1,318 -0.1%$56,800 -3.9%
    2016$1,319 +6.3%$59,100 +3%
    2014$1,241 +586.4%$57,400 -27.2%
    2013$181 $78,900 +1.7%
    2012$181 $77,600 +0.8%
    2011-- $77,000 +0.5%
    2010$149 +11.5%$76,600
    2009$134 $76,600 -0.8%
    2007-- $77,200 +2.7%
    2006-- $75,200 +26%
    2005-- $59,700
    2004-- $59,700
    2003-- $59,700 +80.9%
    2002-- $33,000 +200%
    2001-- $11,000
    2000-- $11,000
    Find assessor info on the county website

    Neighborhood: Devington

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Floro Torrence School 83
    • Middle: Arlington Community Middle School
    • High: Shortridge High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $128,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $128,500