2940 Macpherson Ave
Indianapolis, IN 46205
Martindale-Brightwood- 4 Beds
- 3 Baths
- 1,100 sqft
$240,600
as of Aug 8, 2026
$240,600
as of Aug 8, 2026
4 Beds
3 Baths
1,100 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1910
Living Area
1,100 sqft
Price/Sqft
$219
About this House
This multi-family home is located at 2940 Macpherson Ave, Indianapolis, IN. 2940 Macpherson Ave is in the Martindale-Brightwood neighborhood in Indianapolis, IN and in ZIP code 46205. This property has 4 bedrooms, 4 bathrooms and approximately 1,100 sqft of floor space. This property has a lot size of 5445 sqft and was built in 1910.
2940 Macpherson Ave, Indianapolis, IN 46205 is a 4 bedroom, 4 bathroom, 1,100 sqft multi-family in Martindale-Brightwood, built in 1910. It last sold for $172,000 on Aug 1, 2022. It is currently off market. The Trulia Estimate is $240,600, with a rent estimate of $1,383/month.
Home Details for 2940 Macpherson Ave
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Heating & Cooling Heating: Other, ElectricHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 8 |
Appliances & Utilities Cable Ready |
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Exterior Home Features Roof: AsphaltExterior: Vinyl, BrickFoundation Type: Crawl Raised |
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Year Built Year Built: 1910Year Updated: 1910 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 2 |
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Lot Area: 5445 sqft |
Price History for 2940 Macpherson Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/01/2022 | $172,000 | Sold | N/A |
| 06/11/2022 | $154,500 | Pending | MIBOR as distributed by MLS GRID #21860426 |
| 06/08/2022 | $154,500 | PendingToActive | MIBOR as distributed by MLS GRID #21860426 |
| 06/06/2022 | $154,500 | Pending | MIBOR as distributed by MLS GRID #21860426 |
| 06/03/2022 | $154,500 | Listed For Sale | MIBOR as distributed by MLS GRID #21860426 |
| 02/19/2021 | $135,000 | Sold | MIBOR as distributed by MLS GRID #21716496 |
| 01/02/2021 | $135,000 | Pending | MIBOR as distributed by MLS GRID #21716496 |
| 12/19/2020 | $135,000 | Listed For Sale | Agent Provided |
| 06/09/2020 | $60,000 | Sold | N/A |
Market trends in Indianapolis
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,394 |
| Assessment | $171,700 |
Home facts updated by county records
Comparable Sales for 2940 Macpherson Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Multi-Family Home | $162,725 | 04/03/26 | 4 | 2 | 1,344 | |
0.16 | Multi-Family Home | $280,000 | 07/24/26 | 4 | 4 | - | |
0.31 | Multi-Family Home | $210,000 | 10/17/25 | 4 | 2 | - | |
0.13 | Multi-Family Home | $455,000 | 08/25/25 | 4 | 3 | - | |
0.36 | Multi-Family Home | $200,000 | 03/02/26 | 4 | 2 | - | |
0.17 | Multi-Family Home | $335,000 | 12/19/25 | 3 | 2 | - | |
0.41 | Multi-Family Home | $210,000 | 08/11/25 | 6 | 4 | - | |
0.35 | Multi-Family Home | $301,000 | 10/27/25 | 4 | 2 | - | |
0.21 | Multi-Family Home | $257,000 | 04/09/26 | 6 | 2 | - | |
0.18 | Multi-Family Home | $475,000 | 07/17/26 | 4 | 6 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2940 Macpherson Ave.
What Locals Say about Martindale-Brightwood
At least 78 Trulia users voted on each feature.
85 % Say car is needed
81 % Say there are sidewalks
81 % Say yards are well-kept
72 % Say parking is easy
65 % Say it's dog friendly
62 % Say there's holiday spirit
62 % Say kids play outside
45 % Say neighbors are friendly
45 % Say it's walkable to grocery stores
42 % Say streets are well-lit
37 % Say it's quiet
37 % Say they plan to stay for at least 5 years
34 % Say there's wildlife
31 % Say it's walkable to restaurants
30 % Say people would walk alone at night
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 2940 Macpherson Ave
Off Market Homes Near 2940 Macpherson Ave
Frequently asked questions about 2940 Macpherson Ave
- What is 2940 Macpherson Ave estimated to be worth?Trulia's estimated value for 2940 Macpherson Ave in Indianapolis, IN is $240,600.
- What is the price history for 2940 Macpherson Ave?2940 Macpherson Ave in Indianapolis, IN last sold for $172,000 in August 2022.
- Is Indianapolis a buyer's or seller's market?Indianapolis is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Indianapolis?The median sale price in Indianapolis is $243K. That is up $9.18K from the prior month.

