1940 E 54th St, Indianapolis, IN 46220
OFF MARKET

1940 E 54th St
Indianapolis, IN 46220

Canterbury
  • Studio
  • 74,153 sqft (on 3.76 acres)
Studio
74,153 sqft
(on 3.76 acres)

Local Information

  • Map ViewExplore the area around 1940 E 54th St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
3.76 acres
Living Area
74,153 sqft

About this House

This single-family home is located at 1940 E 54th St, Indianapolis, IN. 1940 E 54th St is in the Canterbury neighborhood in Indianapolis, IN and in ZIP code 46220. This property has approximately 74,153 sqft of floor space. This property has a lot size of 3.76 acres and was built in 1987.
1940 E 54th St, Indianapolis, IN 46220 is a studio, 74,153 sqft single-family home in Canterbury, built in 1987. It is currently off market. The Trulia Estimate rent is $1,799/month.

Home Details for 1940 E 54th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 208

Lot Information

Lot Area: 3.76 acres

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$115,297
Assessment$4,813,100
Home facts updated by county records

Comparable Sales for 1940 E 54th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2017 E 54th St, Indianapolis, IN
0.10
Single-Family Home
$249,000
12/29/25
2
1
1,624
2027 E 54th St, Indianapolis, IN
0.11
Single-Family Home
$239,900
02/26/26
2
1
1,756
5312 Norwaldo Ave, Indianapolis, IN
0.19
Single-Family Home
$358,000
09/02/25
3
2
2,040
5619 Norwaldo Ave, Indianapolis, IN
0.24
Single-Family Home
$370,000
06/02/26
4
2.5
2,075
5247 Norwaldo Ave, Indianapolis, IN
0.21
Single-Family Home
$295,500
04/15/26
2
2
1,690
1530 E 54th St, Indianapolis, IN
0.23
Single-Family Home
$360,000
10/09/25
3
2
1,728
5529 Primrose Ave, Indianapolis, IN
0.24
Single-Family Home
$287,000
09/12/25
2
1
2,018
5363 Primrose Ave, Indianapolis, IN
0.23
Single-Family Home
$275,000
08/05/25
2
1.5
1,704
5253 Kingsley Dr, Indianapolis, IN
0.23
Single-Family Home
$87,336
02/23/26
2
-
812
5505 Rosslyn Ave, Indianapolis, IN
0.27
Single-Family Home
$431,150
08/27/25
3
2
2,490

Nearby homes

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Assigned Schools

These are the assigned schools for 1940 E 54th 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

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

What Locals Say about Canterbury

At least 51 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

  • 70 % Say there's holiday spirit

  • 65 % Say there are sidewalks

  • 62 % Say it's quiet

  • 61 % Say they plan to stay for at least 5 years

  • 60 % Say neighbors are friendly

  • 57 % Say kids play outside

  • 50 % Say people would walk alone at night

  • 43 % Say there's wildlife

  • 38 % 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. "
    0
    Flag
  • 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"
    1
    Flag
  • 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 "
    1
    Flag
  • Bobby P.
    "Proximity to Monon trail is great as well as great restaurants nearby. Great neighborhood with lots of dog walkers!!"
    1
    Flag
  • Silverinspire
    "Talk to your kids & everything will be good. This isn’t a high crime area but there are negative influences."
    0
    Flag
  • 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."
    0
    Flag

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Off Market Homes Near 1940 E 54th St

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