1440 Herschell Ave, Indianapolis, IN 46202
FOR SALE

1440 Herschell Ave
Indianapolis, IN 46202

Near NW-Riverside
  • 2 Beds
  • 1 Bath
  • 832 sqft

$112,000

Original price: $115,000
Est. Mortgage $732/mo*
Get Pre-Qualified

$112,000

Original price: $115,000
Est. Mortgage $732/mo*
Get Pre-Qualified
2 Beds
1 Bath
832 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

RENTED FOR $1,425/MONTH, this West Indianapolis single-family is generating income on day one with a lease in place through September 2026. Walking distance to Riverside Park, this is a low entry point at $115,000 with a reliable tenant already in place - an easy add to any rental portfolio.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$135
Listed
74 days ago

Home Details for 1440 Herschell Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 832 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Foundation: Crawl Space
Parking & Garage
No Garage
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 28Days on Market: 74

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Aluminum SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490627127090000101

Price & Status

Price
List Price: $112,000Price Per Sqft: $135
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Miller & Wacker Parkway
School Information
High School District: Indianapolis Public Schools

Agent Information

Listing Agent
Listing ID: 22092719

Building

Building Area
Building Area: 832 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5662.8 sqft

Listing Info

Special Conditions: As Is

Miscellaneous

Mls Number: 22092719Attic: Access Only
Last check for updates: 1 day ago
Listing Provided by: Max Moore
@properties
Batch Ceesay
@properties
Source: MIBOR as distributed by MLS GRID, MLS#22092719
Also Listed on MIBOR as distributed by MLS GRID.

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

Price History for 1440 Herschell Ave

DatePriceEventSource
06/04/2026$112,000PendingToActiveMIBOR as distributed by MLS GRID #22092719
05/11/2026$112,000PendingMIBOR as distributed by MLS GRID #22092719
04/24/2026$112,000PriceChange
MIBOR as distributed by MLS GRID #22092719
04/14/2026$115,000PendingMIBOR as distributed by MLS GRID #22092719
04/01/2026$115,000Listed For SaleMIBOR as distributed by MLS GRID #22092719
09/17/2022ListingRemovedZillow Rental Network Premium
09/12/2022$995Listed For RentZillow Rental Network Premium
12/22/2021ListingRemovedZillow Rental Network Premium
12/15/2021$995Listed For RentZillow Rental Network Premium
07/02/2021ListingRemovedZillow Rental Network Premium
06/12/2021$995Listed For RentZillow Rental Network Premium
04/22/2021$45,000Sold
MIBOR as distributed by MLS GRID #21775391
04/03/2021$49,900PendingCarpenter Realtors #21775391
04/01/2021$49,900Listed For SaleCarpenter Realtors #21775391

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Property Tax and Assessment

Year2025
Tax$1,196
Assessment$55,900
Home facts updated by county records

Comparable Sales for 1440 Herschell Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2170 Sugar Grove Ave, Indianapolis, IN
0.20
Single-Family Home
$47,000
03/16/26
2
1
1,536
2173 Gent Ave, Indianapolis, IN
0.35
Single-Family Home
$60,000
09/02/25
2
1
660
2004 N Dexter St, Indianapolis, IN
0.21
Single-Family Home
$65,000
06/08/26
2
1
1,710
2256 N Harding St, Indianapolis, IN
0.19
Single-Family Home
$70,000
03/03/26
3
1
1,612
1835 Koehne St, Indianapolis, IN
0.31
Single-Family Home
$130,000
04/13/26
2
1
1,066
2133 White Ave, Indianapolis, IN
0.28
Single-Family Home
$95,000
04/06/26
2
1
1,680
1338 W 25th St, Indianapolis, IN
0.46
Single-Family Home
$83,000
12/26/25
2
1
1,376
1330 W Pruitt St, Indianapolis, IN
0.22
Single-Family Home
$150,000
10/30/25
3
1
1,088
2176 N Dexter St, Indianapolis, IN
0.14
Single-Family Home
$87,500
06/08/26
3
1
2,011

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1440 Herschell Ave.
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

Near NW-Riverside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Near NW-Riverside

At least 48 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 81 % Say car is needed

  • 78 % Say yards are well-kept

  • 74 % Say there's holiday spirit

  • 70 % Say parking is easy

  • 70 % Say kids play outside

  • 60 % Say it's dog friendly

  • 57 % Say neighbors are friendly

  • 54 % Say it's quiet

  • 50 % Say streets are well-lit

  • 43 % Say there's wildlife

  • 40 % Say they plan to stay for at least 5 years

  • 35 % Say there are community events

  • 29 % Say people would walk alone at night

  • 24 % Say it's walkable to restaurants

  • 11 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • William Stoll
    "It backs up to a nice park with recreation areas and a golf course. There’s always events going on near the area such as food vendors, car shows etc."
    0
    Flag
  • Alexis
    "Affordable but growing. People need to keep their dogs on leash, too many stray dogs but otherwise great neighborhood. Has a new trail and bridge on east side of the area. I’m hoping to see these changes expand west of Gent Ave "
    0
    Flag
  • Navashti Journey
    "Neighborhood is improving and it’s nice to have a large park close by. Walking your dog is safe in this neighborhood "
    1
    Flag
  • Navashti Journey
    "It’s a growing neighborhood with a great park close by. Plenty of room for your dogs to run and play. "
    5
    Flag
  • Trulia User
    "Huge walking trail that leads along the white river, great parks, annual bike marathons, people are always walking their dogs or riding bikes"
    1
    Flag
  • Trulia User
    "Still watch your children. it's more of a older community. But I love it! The environment is nice and cozy. Very nice neighbors. "
    0
    Flag
  • Trulia User
    "Historical Riverside. There was once an amusement park and 2 golf courses in this neighborhood. Close to Golden Hill community. Close to downtown Indy. "
    3
    Flag
  • Trulia User
    "I've lived in this area majority of my life and my neighbors are great. I feel safe and they're rebuilding a lot of the houses. the community helps one another out and look out for one another. "
    2
    Flag
  • Trulia User
    "the sunday night get togethers the neighborhood puts together with the nice cars and the motorcycles. a lot of churches here as well"
    1
    Flag
  • Trulia User
    "Huge park on riverside. Close access to 100 acres preserve near the art museum. Plenty of green space for you and the fur baby "
    0
    Flag
  • Trulia User
    "I’ve lived in this neighborhood for 5 years. I love the nearby parks and access to the 100 acre preserve near the art institute. Great way to get out and enjoy nature with the kiddos even during a pandemic. "
    0
    Flag
  • Trulia User
    "Neighbors are special in itself to be able to live somewhere where they are always outside and working to make their houses better their "
    0
    Flag
  • Trulia User
    "By the river and parks amphitheater and downtown and the ims 500 race track .a rated schools and lots of white peoples "
    0
    Flag
  • Leiha S.
    "I like this neighborhood. people tend to stick to themselves and its very quiet. also very dog friendly "
    13
    Flag
  • Leiha S.
    "I've lived here for about a year and the neighborhood is nice and quiet. very pet friendly and my son likes it here as well "
    9
    Flag
  • Smweyrick
    "We've lived here for a year now and love how convenient we are to everything in town! People are friendly and our kids love playing with the neighbors and at the local parks."
    17
    Flag
  • Stubbsc2023
    "Keep their dogs on a chain. There are always stray dogs running through the neighborhoods. It’s very scary!"
    2
    Flag
  • Navashti J.
    "I don’t know because I have no idea how to find out about any event in this neighborhood. There is a nice park in my neighborhood that should be of more use and more event should take place there. "
    2
    Flag
  • Mary
    "There have been safety issues in the neighborhood, but most people are good people who care about the community. Some streets are better than others."
    1
    Flag
  • Amber A.
    "Quiet , clean and friendly neighborhood. Minutes from downtown, Newfields and the State Fairgrounds "
    5
    Flag
  • Hiwatha.walker1963
    "Park, school, college and golf courses nearby. Neighborhood Association. Nature trail and Art Museum."
    7
    Flag
  • Lakeshia C.
    "I see people walking dogs everyday in my neighborhood. You just have to be careful because there are strange animals running wild "
    1
    Flag

LGBTQ Local Legal Protections

Max Moore, @properties
Based on information submitted to the MLS GRID as of 2026-06-13 09:43:06 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
1440 Herschell Ave, Indianapolis, IN 46202 is a 2 bedroom, 1 bathroom, 832 sqft single-family home built in 1940. 1440 Herschell Ave is located in Near NW-Riverside, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 1, 2026. The MLS # for this home is MLS# 22092719.