1240 E Perry St, Indianapolis, IN 46227
OFF MARKET

1240 E Perry St
Indianapolis, IN 46227

University Heights
  • 2 Beds
  • 880 sqft

$175,500

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $1,107/mo*
Refinance Your Home

$175,500

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $1,107/mo*
Refinance Your Home
2 Beds
880 sqft

Local Information

  • Map ViewExplore the area around 1240 E Perry St.
  • Schools3 Preschool Schools4 Elementary Schools2 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 1240 E Perry St, Indianapolis, IN. 1240 E Perry St is in the University Heights neighborhood in Indianapolis, IN and in ZIP code 46227. This property has 2 bedrooms and approximately 880 sqft of floor space. This property has a lot size of 8886 sqft and was built in 1941.
1240 E Perry St, Indianapolis, IN 46227 is a 2 bedroom, 880 sqft single-family home in University Heights, built in 1941. It last sold for $53,000 on May 1, 2013. It is currently off market. The Trulia Estimate is $175,500, with a rent estimate of $1,141/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1240 E Perry St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other

Property Information

Year Built
Year Built: 1941
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8886 sqft

Price History for 1240 E Perry St

DatePriceEventSource
05/01/2013$53,000Sold
N/A

Market trends in Indianapolis

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

Year2025
Tax
Assessment$255,600
Home facts updated by county records

Comparable Sales for 1240 E Perry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1155 E Perry St, Indianapolis, IN
0.11
Single-Family Home
$135,000
08/04/25
2
1
900
1228 Knox St, Indianapolis, IN
0.11
Single-Family Home
$139,900
06/29/26
2
1
780
1124 E Murry St, Indianapolis, IN
0.21
Single-Family Home
$93,000
06/01/26
3
1
840
2921 Draper St, Indianapolis, IN
0.29
Single-Family Home
$60,000
03/27/26
3
1
904
3324 Olive St, Indianapolis, IN
0.29
Single-Family Home
$140,000
08/07/25
2
1
860
1120 Bacon St, Indianapolis, IN
0.18
Single-Family Home
$103,950
04/27/26
2
1
832
1226 Bacon St, Indianapolis, IN
0.06
Single-Family Home
$170,000
12/30/25
3
1.5
1,325
2876 Tindall St, Indianapolis, IN
0.42
Single-Family Home
$75,000
05/08/26
2
1
912
1265 Martin St, Indianapolis, IN
0.09
Single-Family Home
$64,900
12/18/25
2
1
2,318
3370 Carson Ave, Indianapolis, IN
0.36
Single-Family Home
$115,000
09/26/25
2
1
756

Nearby homes

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Assigned Schools

These are the assigned schools for 1240 E Perry St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

University Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about University Heights

At least 46 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 77 % Say yards are well-kept

  • 75 % Say parking is easy

  • 71 % Say it's dog friendly

  • 65 % Say there's holiday spirit

  • 61 % Say kids play outside

  • 54 % Say it's walkable to restaurants

  • 52 % Say it's quiet

  • 49 % Say there are sidewalks

  • 45 % Say it's walkable to grocery stores

  • 43 % Say neighbors are friendly

  • 41 % Say people would walk alone at night

  • 40 % Say there's wildlife

  • 35 % Say they plan to stay for at least 5 years

  • 25 % Say streets are well-lit

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lauren Geist
    "Plenty of sidewalks and many other dog walkers & owners on every block. Friendly neighbors that care for their animals"
    0
    Flag
  • Lauren Geist
    "Many dog owners in this neighborhood. Friendly owners that take care of their furry family members!!!! "
    0
    Flag
  • Nicole Cooper-Dakus
    "We do not have community events. Other families have events that make them park in front of our driveway and make it impossible for us to get in or out. "
    0
    Flag
  • Trulia User
    "When taking our your dog there be dropping everywhere because people are too lazy to just pick their dogs dropppings."
    0
    Flag
  • Trulia User
    "great neighbors! I've lived here all my life, and it's a peaceful neighborhood. very pet friendly. don't usually get no trouble from anyone .."
    1
    Flag
  • Trulia User
    "lived here all my life. quiet, friendly neighborhood near the university. Perry township schools are excellent, and very short distance to interstate and several bus stops. great neighbors, my large male pitbull has got out a few times and every time was back home shortly after thanks to helpful neighbors. "
    4
    Flag
  • Trulia User
    "Not many places to go with your dogs, a lot of stray cats run around the neighborhood so if your dog has little self control it can be a bit of a hassle. "
    0
    Flag
  • Amcclaren5834
    "its nice and quiet around. the area is close to every thing you might need. the police are a bit over populated and the lack of bike lanes causes issues for me"
    5
    Flag
  • Andrea
    "Perfect for those who would take the red line. Unique new restaurant within walking distance. Fun university neighborhood. Great place for walks in the afternoon. Safe and quiet- protected by uindy police. "
    8
    Flag
  • Kassidy S.
    "It’s a good place to live with kids to grow up. Good for dogs but lot of police in area. College is great view and peaceful to walk around. "
    2
    Flag
  • Silverdove1984
    "Have lived here for 2.5 years and it is a neighborhood that will hopefully get better in time. A lot of random people walking through and through traffic speeds. Needs speed bumps and patrols. "
    1
    Flag
  • Audreyrenee2012
    "There are many parks in the area. It is a very safe and friendly place to live. There are stores and schools nearby."
    0
    Flag
  • Shannon
    "its a quiet neighborhood and people are nice and the school #65 is a great school. the college kids use the neighborhood for jogging and live here also."
    1
    Flag
  • M c.
    "it's a decent neighborhood. really like it. wouldn't mind owning a home here. the commute to work is decent as well"
    0
    Flag
  • dana m.
    "Great area to live and relax. 10 minute drive to downtown and close to 465 and 65 for easy access anywhere. 3 parks are in walking distance of my home and close to Southeastway or Southwestway Indy parks for the longer hikes. Restaurants are easy to access in any direction. 20 minutes to Castleton and 20 minutes to Greenwood!"
    0
    Flag
  • executivedelavega
    "I like the area is close to the higway, restaurants, shopping centers, I love the fact that I can walk to eat breakfast at McDonalds, Dennis restaurants or grocery shoping like Walt mart. Higly recomend it, is a quiet community & I really enjoy it."
    1
    Flag

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Off Market Homes Near 1240 E Perry St

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