1040 E  Elbert St, Indianapolis, IN 46227
Property image
Property image
OFF MARKET

$184,700

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 2,016 sqft (on 12,921 acres)

1040 E Elbert St, Indianapolis, IN 46227

Edgewood
Est. Refi. Payment $1,162/mo*
Refinance Your Home
Currently Off Market - Sold Nov 21, 2014 for $84,950

Home Value

Trulia Estimate
$185K
Since last month
Decreased$2K (-1.2%)
Since last year
Increased$100 (+0.1%)
Since last sale
Increased$100K (+117.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +98% in the last 10 years
MonthEstimated value
2026
August 2026$185K
July 2026$187K
June 2026$189K
May 2026$188K
April 2026$187K
March 2026$176K
February 2026$180K
January 2026$174K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Single-Family Home
$164,900
05/19/26
2
1
1,920
0.25
Single-Family Home
$172,000
05/22/26
2
1
2,344
0.23
Single-Family Home
$93,000
08/11/26
2
1
1,785
0.11
Single-Family Home
$150,000
12/26/25
3
1
1,172
0.21
Single-Family Home
$150,000
09/30/25
2
1
1,577
0.27
Single-Family Home
$175,000
05/29/26
3
1
2,536
0.09
Single-Family Home
$200,000
07/08/26
3
2
1,225
0.09
Single-Family Home
$189,500
07/29/26
3
2
1,092
0.72
Single-Family Home
$85,900
12/12/25
2
1
1,530
0.62
Single-Family Home
$157,000
07/17/26
2
1
1,872

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$206,100
2
1
1,666
Off Market
0.07
$179,900
4
1
-
For Sale
0.09
$200,000
3
2
1,225
Recently Sold
0.09
$189,500
3
2
1,092
Recently Sold
0.11
$150,000
3
1
1,172
Recently Sold
0.13
-
3
1.5
1,344
Off Market
0.14
$240,000
3
2
1,786
Off Market
0.11
-
2
1
1,932
Off Market
0.16
$216,100
2
2
1,294
Off Market
0.15
$275,900
3
2
1,664
Off Market
0.18
$242,900
2
1.5
2,340
Off Market
0.18
$142,100
2
1
780
Off Market

Local Information

  • Map ViewExplore the area around 1040 E Elbert St.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1930
Lot Size
12,921 acres
Living Area
2,016 sqft
Price/Sqft
$92
Parking
Garage

About this House

This single-family home is located at 1040 E Elbert St, Indianapolis, IN. 1040 E Elbert St is in the Edgewood neighborhood in Indianapolis, IN and in ZIP code 46227. This property has 2 bedrooms, 1 bathroom and approximately 2,016 sqft of floor space. This property has a lot size of 0.30 acres and was built in 1930.
1040 E Elbert St, Indianapolis, IN 46227 is a 2 bedroom, 1 bathroom, 2,016 sqft single-family home in Edgewood, built in 1930. It last sold for $84,950 on Nov 21, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $184,700, with a rent estimate of $1,284/month.

Home Details for 1040 E Elbert St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 8Types of Rooms: Laundry Room, Sun Room
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: VinylPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1930Year Updated: 1930
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 12921.00 acres

Price and Tax history

DateEventPrice
Nov 21, 2014
Source: MIBOR as distributed by MLS GRID #21318987
Sold
$84,950
Oct 7, 2014
Source: Agent Provided
PriceChange
$84,950
Price decreased by 3%
Aug 6, 2014
Source: Agent Provided
PriceChange
$87,900
Price decreased by 2%
Jun 18, 2014
Source: Agent Provided
Listed For Sale
$89,900
Mar 1, 2014
Source: Agent Provided
ListingRemoved
$89,999

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Edgewood

At least 58 Trulia users voted on each feature.
  • 84 % Say car is needed

  • 81 % Say parking is easy

  • 78 % Say yards are well-kept

  • 74 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 57 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 55 % Say it's quiet

  • 52 % Say it's walkable to grocery stores

  • 50 % Say there's wildlife

  • 42 % Say it's walkable to restaurants

  • 42 % Say streets are well-lit

  • 40 % Say there are sidewalks

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Joseph.moellman
    "Community events where everyone feels welcome and contributes to a wonderful and safe neighborhood. "
  • Scott Martin
    "49 yrs seen its ups and downs but all in all. The lack of apartments in the area has help tremendously over the years. "
  • Trulia User
    "It all depends on the street you live on. Part of E. Thompson Rd, between Madison Ave & US-31, has a couple of apt. complexes & a long-stay motel rampant with crime & drug use. There are addicts panhandling in the intersections and as pedestrians, often seen talking outloud to nobody, fighting, or just passed out in a random lawn. the motel next to Red Lobster and then the one across the street from there, on 31 next to Taco Bell, are the worst. Many of the other areas of North Perry are actually still quite nice with good families that keep up their yards and keep to themselves for the most part."
  • Trulia User
    "it's just close to everything and I see busses all of the time so I know they are easily accessible. "
  • Nicole R.
    "Iโ€™ve lived in this neighborhood for two years and my grandparents have for at least 15 years. Itโ€™s always been a nice and friendly neighborhood with some very busy streets. "
  • Ekey9817
    "the people here are very social and friendly. The neighborhood looks nice and is a great area to go on walks with your family."
  • Tiffany N.
    "Southport is an amazing place to live altogether. :) I love it here. Good people, quiet and pretty. Nice homes and landscaping. "
  • Katie W.
    "u see people walking their dogs all the time.people r very forgiving when dogs have little accident and the owner clean it up."
  • Griffind1121
    "There are a bunch of people that have dogs around my neighborhood and even a small dog park in my apartment complex that people are often at "
  • Legacymonica
    "They would like half of the other dogs. Half are friendly, half are aggressive. No pet vaccination records are required so thatโ€™s not good. "
  • Neb2210
    "It is a family-friendly neighborhood, most homes are well-kept, and the location is convenient for work in shopping. It is a great place to raise a family, in the church across the street has a nice playground where younger children can enjoy swings and slides, and have fun. property values have appreciated substantially since we moved here, And our family has always felt safe in the Rosedale Hills addition."
  • Discorsi B.
    "Low crime, many parks, overall seems like the people who live here are out to do no harm. there are a lot of shops to go to in this area, and it seems like there are more moving in."
  • Jordansmommy52814
    "everyone one around . we know all of them for the most part. nice and quite area. never any disturbance "
  • lunacoyo
    "We bought our home on Loretta Drive in Sept 2011. We love the very large lots - and the easy access to I-65. We are super close to downtown, to Greenwood, and to Southport. Very convenient location. But you can still find more land than most places. Our neighborhood is very quiet, somewhat older than we would have liked, but we like it very much!"

LGBTQ Local Legal Protections

Frequently asked questions about 1040 E Elbert St

  • What is 1040 E Elbert St estimated to be worth?
    Trulia's estimated value for 1040 E Elbert St in Indianapolis, IN is $184,700.
  • What is the price history for 1040 E Elbert St?
    1040 E Elbert St in Indianapolis, IN last sold for $84,950 in November 2014.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $251K. That is up $10K from the prior month.
  • Does 1040 E Elbert St have air conditioning?
    Yes, 1040 E Elbert St in Indianapolis, IN has air conditioning.
  • Does 1040 E Elbert St have laundry facilities?
    Yes, 1040 E Elbert St in Indianapolis, IN has in-unit laundry.

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