1240 E  56th St, Indianapolis, IN 46220
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Property image
OFF MARKET

1240 E 56th St
Indianapolis, IN 46220

Canterbury
  • 3 Beds
  • 2 Baths
  • 2,332 sqft

$454,000

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $2,746/mo*

$454,000

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $2,746/mo*
3 Beds
2 Baths
2,332 sqft

Local Information

  • Map ViewExplore the area around 1240 E 56th St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Perfectly positioned just steps from the Monon Trail and Canterbury Park, and a short stroll to local favorites like Mama Carolla's and Diavola, this beautifully renovated home is turnkey ready with an unbeatable location. Step inside to discover new LVP flooring, fresh paint throughout, and a cozy fireplace anchoring the bright, inviting living space. The spacious primary bedroom is a true standout, featuring a walk-in closet-a rarity. The main-level bath has been completely updated with dual sinks and a luxurious, tiled shower/tub combo. Downstairs, the lower level impresses with a versatile rec area, an additional bedroom, and a fully renovated full bath-ideal for guests or entertaining. Enjoy the upcoming summer nights on the new, cozy covered porch or the expansive back deck overlooking a fenced-in yard. Roof, siding and garage siding replaced in 2022. This move-in-ready gem offers the lifestyle you've been looking for-don't miss your chance to call it home.
1240 E 56th St, Indianapolis, IN 46220 is a 3 bedroom, 2 bathroom, 2,332 sqft single-family home in Canterbury, built in 1953. It last sold for the $449,000 asking price on Jun 18, 2025. It is currently off market. The Trulia Estimate is $454,000, with a rent estimate of $2,501/month.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1240 E 56th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,Egress Window(s),Partially FinishedNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Sun Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2332 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: In BasementRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: ElectricHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFencing: Fenced, Fence Full RearFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Asphalt,Garage Door Opener
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 1006 Square Feet

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Brick, Cement Siding, StoneNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490706109166000801

Price & Status

Price
List Price: $449,000
Status Change & Dates
Off Market Date: Fri May 16 2025Possession Timing: Negotiable, Possession Other Hm

Location

Direction & Address
City: IndianapolisCommunity: Maple Lawn
School Information
High School District: Indianapolis Public Schools

Building

Building Area
Building Area: 2332 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

BasementMls Number: 22037581
Last check for updates: about 12 hours ago
Listed by Matthew Kressley
F.C. Tucker Company
Jordan Adams
Bought with: Lauren Hewitt, F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID, MLS#22037581

Price History for 1240 E 56th St

DatePriceEventSource
06/18/2025$449,000Sold
MIBOR as distributed by MLS GRID #22037581
05/18/2025$449,000PendingMIBOR as distributed by MLS GRID #22037581
05/15/2025$449,000Listed For SaleMIBOR as distributed by MLS GRID #22037581
05/25/2021$302,000Sold
MIBOR as distributed by MLS GRID #21778545
11/30/2011$166,000Sold
MIBOR as distributed by MLS GRID #21123671

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58K
MoM
Sale-to-List Price
98.7%
0.4%
MoM
Price per sq ft
$141
$7
MoM
Available listings
3812
187
MoM
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Property Tax and Assessment

Year2025
Tax$3,177
Assessment$291,000
Home facts updated by county records

Comparable Sales for 1240 E 56th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$392,000
07/30/25
3
2
2,163
0.22
Single-Family Home
$431,150
08/27/25
3
2
2,490
0.16
Single-Family Home
$417,500
05/22/26
3
2
1,828
0.09
Single-Family Home
$470,000
10/10/25
4
2
2,464
0.08
Single-Family Home
$530,000
07/28/25
3
2.5
2,510
0.24
Single-Family Home
$407,500
01/08/26
3
2
2,156
0.24
Single-Family Home
$473,000
04/24/26
3
2
2,275
0.23
Single-Family Home
$395,000
10/30/25
3
2
1,944
0.27
Single-Family Home
$490,000
11/20/25
3
2
2,214
0.19
Single-Family Home
$400,000
11/05/25
4
2
2,160

Nearby homes

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Assigned Schools

These are the assigned schools for 1240 E 56th St.
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 Canterbury

At least 50 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 91 % Say yards are well-kept

  • 91 % Say parking is easy

  • 90 % Say it's walkable to restaurants

  • 90 % Say car is needed

  • 75 % Say it's walkable to grocery stores

  • 71 % Say there's holiday spirit

  • 65 % Say there are sidewalks

  • 61 % Say it's quiet

  • 60 % Say neighbors are friendly

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say kids play outside

  • 49 % Say people would walk alone at night

  • 43 % Say there's wildlife

  • 39 % Say streets are well-lit

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ruby_rose81
    "It is pretty quick to get to the Interstate/Highway and also quick to get downtown on College Ave. I haven't used public transportation so not sure about that but plenty of street parking I think. "
  • Garhcompany
    "Cars move quickly from Kessler and posted limit is 30 so be careful on roads. They are building sidewalks everywhere so that will be helpful"
  • Garhcompany
    "Safe and happy neighborhood. People are proud of where they live and there are constant improvements being made. Yards are very well maintained and close to lots of great restaurants and the redline as well as the Monon "
  • Bobby P.
    "Proximity to Monon trail is great as well as great restaurants nearby. Great neighborhood with lots of dog walkers!!"
  • Silverinspire
    "Talk to your kids & everything will be good. This isn’t a high crime area but there are negative influences."
  • Marty G.
    "So-Bro or south Broad Ripple is a great area to live. The streets are quiet and the neighborhood is diverse with college students, working adults, single families, and local business owners. It's close to the Monon, tons of great restaurants and entertainment, close to many nice parks, and extremely pet friendly."

LGBTQ Local Legal Protections

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Homes for sale near 1240 E 56th St

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Off Market Homes Near 1240 E 56th St

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Based on information submitted to the MLS GRID as of 2026-07-08 04:33:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information