28 E 40th St, Indianapolis, IN 46205
Property image
Property image
OFF MARKET

28 E 40th St
Indianapolis, IN 46205

Meridian Kessler
  • 3 Beds
  • 2 Baths
  • 2,592 sqft

$347,200

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,136/mo*
Refinance Your Home

$347,200

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,136/mo*
Refinance Your Home
3 Beds
2 Baths
2,592 sqft

Home Value

Trulia Estimate
$347K
Since last month
Decreased$700 (-0.2%)
Since last year
Increased$400 (+0.1%)
Since last sale
Increased$63K (+22.1%)
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 +26% in the last 10 years
MonthEstimated value
2026
August 2026$348K
July 2026$349K
June 2026$352K
May 2026$354K
April 2026$351K
March 2026$350K
February 2026$343K
January 2026$332K
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
3928 N Kenwood Ave, Indianapolis, IN
0.31
Single-Family Home
$284,900
06/05/26
3
2
2,657
3843 N New Jersey St, Indianapolis, IN
0.29
Single-Family Home
$363,000
04/22/26
3
1.5
2,454
3815 N Delaware St, Indianapolis, IN
0.25
Single-Family Home
$390,000
05/01/26
3
2
2,957
3938 N Kenwood Ave, Indianapolis, IN
0.30
Single-Family Home
$225,000
06/26/26
3
2
2,402
3914 N Capitol Ave, Indianapolis, IN
0.37
Single-Family Home
$285,000
08/10/26
3
2
2,280
3902 N Capitol Ave, Indianapolis, IN
0.38
Single-Family Home
$255,000
10/02/25
3
2
2,860
148 W 41st St, Indianapolis, IN
0.32
Single-Family Home
$200,000
01/23/26
3
2
2,236
3949 N New Jersey St, Indianapolis, IN
0.25
Single-Family Home
$405,000
07/01/26
3
2.5
2,480
3915 N Capitol Ave, Indianapolis, IN
0.35
Single-Family Home
$275,000
06/09/26
3
2.5
2,410
4025 Ruckle St, Indianapolis, IN
0.37
Single-Family Home
$490,000
05/01/26
3
2
2,708

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
25 E 40th St #3K, Indianapolis, IN 46205
0.03
$209,200
2
2
1,448
Off Market
25 E 40th St #2A, Indianapolis, IN 46205
0.04
$202,400
2
2
1,448
Off Market
25 E 40th St #2B, Indianapolis, IN 46205
0.04
$232,800
2
2
1,448
Off Market
25 E 40th St #2K, Indianapolis, IN 46205
0.04
$221,200
2
2
1,448
Off Market
25 E 40th St #3A, Indianapolis, IN 46205
0.04
$235,000
2
2
1,448
For Sale
25 E 40th St #3C, Indianapolis, IN 46205
0.04
$194,300
1
1
951
Off Market
25 E 40th St #3E, Indianapolis, IN 46205
0.04
$133,800
1
1
942
Off Market
25 E 40th St #4K, Indianapolis, IN 46205
0.04
$237,300
2
2
1,448
Off Market
25 E 40th St #6A, Indianapolis, IN 46205
0.04
$228,600
2
2
1,448
Off Market
25 E 40th St #6B, Indianapolis, IN 46205
0.04
$239,000
2
2
1,448
For Sale
25 E 40th St #6E, Indianapolis, IN 46205
0.04
$134,500
1
1
942
Recently Sold
25 E 40th St #7A, Indianapolis, IN 46205
0.04
$222,400
2
2
1,448
Off Market

Local Information

  • Map ViewExplore the area around 28 E 40th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1925
Living Area
2,592 sqft
Price/Sqft
$134
Parking
Garage

About this House

An absolute stunning 3 Bedroom, 2 Bath home that you will definitely want to look at! If you've been waiting for an opportunity to reside in the Meridian Kessler community, here is your chance!! This home has gorgeous hardwood floors, a master bedroom with 2 walk-in closets, a spacious living room with fireplace, dining room and a kitchen nook! This home is perfect for entertaining! A must see property that will not disappoint!
28 E 40th St, Indianapolis, IN 46205 is a 3 bedroom, 2 bathroom, 2,592 sqft single-family home in Meridian Kessler, built in 1925. It last sold for $285,000 on Jun 1, 2022. It is currently off market. The Trulia Estimate is $347,200, with a rent estimate of $1,928/month.

Home Details for 28 E 40th St

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Number of Rooms: 12Types of Rooms: Dining Room
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1925Year Updated: 1965
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5000 sqft

Price and Tax history

DateEventPrice
Jun 1, 2022
Source: MIBOR as distributed by MLS GRID #21851763
Sold
$285,000
May 3, 2022
Source: MIBOR as distributed by MLS GRID #21851763
Pending
$289,900
Apr 29, 2022
Source: MIBOR as distributed by MLS GRID #21851763
Listed For Sale
$289,900
May 19, 2021
Source: RE/MAX International
ListingRemoved
Apr 7, 2021
Source: MIBOR as distributed by MLS GRID #21756486
PriceChange
$324,500
Price decreased by 3%

Market trends in Indianapolis

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

Around this home

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

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

What Locals Say about Meridian Kessler

At least 74 Trulia users voted on each feature.

  • 96 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 92 % Say yards are well-kept

  • 86 % Say parking is easy

  • 85 % Say it's walkable to restaurants

  • 84 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 76 % Say streets are well-lit

  • 76 % Say people would walk alone at night

  • 73 % Say neighbors are friendly

  • 72 % Say car is needed

  • 68 % Say it's walkable to grocery stores

  • 67 % Say they plan to stay for at least 5 years

  • 63 % Say there are community events

  • 51 % Say there's wildlife

  • 46 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "cool people cool stuff. biscuits and gravy car club Saturdays. farmers market is pretty 😎 and the park is one of a kind. "
    0
    Flag
  • Trulia User
    "The school down the road has a French festival and the state fair grounds has events all year around."
    0
    Flag
  • Trulia User
    "Great places to walk. Lots of dog-friendly places to take your pup for dinner. Some of the yards can be a bit small."
    0
    Flag
  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
    0
    Flag
  • Trulia User
    "The streets in the area are busy so be cautious. Friendly neighborhood. Walk to grocery stores, restaurants and schools. Neighbors look after each other so you feel very safe. "
    0
    Flag
  • J J. O.
    "it's a dog friendly neighborhood. Dog's are well maintained and so are the lawns owners have control over their pets "
    0
    Flag
  • Ratay.torrey
    "There are lots of families with dogs around this area and many patios are dog friendly. People generally clean up after their dogs well, also."
    0
    Flag
  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
    0
    Flag
  • Karla
    "Saint Joan of Arc festival and Sausage Festival are great! Jazz fest at jazz kitchen is one of my favorite weekends."
    2
    Flag
  • Juliet M.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
    0
    Flag
  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
    1
    Flag
  • Mbc3muller
    "Our dogs frolic in a fenced yard with 300 feet of treed shade. They run the fence with our neighbor dogs on either side. Lots of people walk their dogs on the side walk out front. We are a dog friendly area. Everyone picks up after their dogs, and most keep their pets out of the flowers. "
    1
    Flag
  • Jerry W. T. J.
    "Commute to downtown is painful for past 18 months, perhaps construction being finished will help. Red line bus could be the answer."
    0
    Flag
  • Paige O.
    "Close to everything. Clean. Diverse. Is in a safe bubble. Loving neighbors. A million parks near by. Ideal to raise a child here. "
    0
    Flag
  • Kyfoster
    "Accessible to parks, monon trail. Lots of dog friendly people in the area. Many restaurants are dog friendly as well especially in the summer time. "
    0
    Flag
  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
    0
    Flag
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
    0
    Flag
  • Jesse k.
    "The yards in this neighborhood typically aren't huge but we're close to the Monon trail, so a great place for walks."
    0
    Flag
  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
    Flag
  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
    0
    Flag
  • Ktspitler
    "Our neighborhood has a little bit of everything! Friendly, downtown feel, restaurants and shops in walking distance, old homes with lots of character...there is turkey not another neighborhood like it in the area. Schools are within walking distance and neighbors are always outside ready for a friendly chat!"
    0
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  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
    0
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  • Andy P.
    "I've lived in the area for almost four years, and there is no where else in Indy I'd rather be. You can walk to anything! Shopping, restaurants, green space, schools -- you name it! "
    0
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  • Mary
    "Houses in SoBro, near 46th & Winthrop are great for active families. Meridian Kessler little league is running almost every evening on the diamonds at the school for the deaf (on 46th). Across the street is Aresenal Park. On a sunny Sunday & often throughout the week there are bike polo matches, pick up basketball, ultimate frisbee, soccer, Indy Parks area for outdoor parties & the play area for kids, including a splash park in the summer! There's also development in nearby businesses along College, The Monon & 46th. Surely a great area to live. I've lived in the area for 3+ years now & haven't had any dangerous interactions with anyone. The crime seems to be isolated to the houses / apartments where folks are up to no good."
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  • lbisser
    "Excellent schools - Center for Inquiry and Immaculate Heart of Mary in walking distance. Friendly neighborhood walking biking pet friendly - near Broad Ripple dog park, and The Riviera Club for fitness and swimming and social life"
    0
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  • pacificsky71
    "Wow, loved it. Traffic was a bit much but after a month I didnt even notice. Was so nice to live only a few minutes from down town and a few minutes from broadripple. Neightbors were best I have ever lived near. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 28 E 40th St

  • What is 28 E 40th St estimated to be worth?
    Trulia's estimated value for 28 E 40th St in Indianapolis, IN is $347,200.
  • What is the price history for 28 E 40th St?
    28 E 40th St in Indianapolis, IN last sold for $285,000 in June 2022.
  • 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 28 E 40th St have air conditioning?
    Yes, 28 E 40th St in Indianapolis, IN has air conditioning.
  • How big is the lot at 28 E 40th St?
    The lot at 28 E 40th St in Indianapolis, IN is about 0 acres (50 sq ft).

Explore by feature - Pet Friendly

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