3040 5th Ave E, Indianapolis, IN 46221
OFF MARKET

$89,900

Trulia Estimate
  • 1 Bed
  • 608 sqft

3040 5th Ave E, Indianapolis, IN 46221

Mars Hill
Est. Refi. Payment $608/mo*
Refinance Your Home
Currently Off Market - Sold Mar 27, 2023 for $17,000

Home Value

Trulia Estimate
$89.9K
Since last month
Decreased$500 (-0.6%)
Since last year
Increased$2K (+1.7%)
Since last sale
Increased$73K (+430.6%)
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 +212% in the last 10 years
MonthEstimated value
2026
August 2026$90K
July 2026$91K
June 2026$90K
May 2026$94K
April 2026$91K
March 2026$91K
February 2026$87K
January 2026$88K
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
3032 S Mooresville Rd, Indianapolis, IN
0.11
Single-Family Home
$163,000
03/04/26
1
-
780
3020 S Mooresville Rd, Indianapolis, IN
0.13
Single-Family Home
$118,000
07/23/26
2
1
740
2912 Collier St, Indianapolis, IN
0.48
Single-Family Home
$28,000
11/19/25
2
1
720
3053 4th Ave E, Indianapolis, IN
0.05
Single-Family Home
$144,000
09/26/25
3
1
975
3146 S Holt Rd, Indianapolis, IN
0.19
Single-Family Home
$70,000
06/11/26
3
1
1,050
2937 Foltz St, Indianapolis, IN
0.37
Single-Family Home
$96,000
10/01/25
2
-
720
2914 Collier St, Indianapolis, IN
0.47
Single-Family Home
$56,000
11/19/25
2
1
768
3259 S McClure St, Indianapolis, IN
0.34
Single-Family Home
$55,000
01/30/26
2
-
632
2603 Collier St, Indianapolis, IN
0.70
Single-Family Home
$70,000
03/27/26
1
1
644
3233 Mars Hill St, Indianapolis, IN
0.38
Single-Family Home
$114,900
05/15/26
2
1
736

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
3026 5th Ave E, Indianapolis, IN 46221
0.02
$189,900
3
1
1,116
Off Market
3042 5th Ave E, Indianapolis, IN 46221
0.01
$144,400
2
1
1,852
Off Market
3045 4th Ave E, Indianapolis, IN 46221
0.04
$213,500
3
2
1,940
Off Market
3032 4th Ave E, Indianapolis, IN 46221
0.06
$172,400
3
1.5
1,752
Off Market
3059 5th Ave E, Indianapolis, IN 46221
0.04
$135,400
4
2
1,710
Off Market
3053 4th Ave E, Indianapolis, IN 46221
0.05
$144,500
3
1
975
Off Market
3034 S Mooresville Rd, Indianapolis, IN 46221
0.11
$132,500
2
1
744
Off Market
3020 W Mooresville Rd, Indianapolis, IN 46221
0.12
$118,000
2
1
740
Off Market
3049 S Holt Rd, Indianapolis, IN 46221
0.10
$107,500
5
1.5
1,783
Recently Sold
3020 S Mooresville Rd, Indianapolis, IN 46221
0.13
$118,000
2
1
740
Recently Sold
3040 S Holt Rd, Indianapolis, IN 46221
0.13
$163,000
2
1
1,328
Off Market
3102 Davis Dr, Indianapolis, IN 46221
0.15
$196,000
3
1
1,328
Off Market

Local Information

  • Map ViewExplore the area around 3040 5th Ave E.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1920
Living Area
608 sqft
Price/Sqft
$148

About this House

This single-family home is located at 3040 5th Ave E, Indianapolis, IN. 3040 5th Ave E is in the Mars Hill neighborhood in Indianapolis, IN and in ZIP code 46221. This property has 1 bedroom and approximately 608 sqft of floor space. This property has a lot size of 5227 sqft and was built in 1920.
3040 5th Ave E, Indianapolis, IN 46221 is a 1 bedroom, 608 sqft single-family home in Mars Hill, built in 1920. It last sold for $17,000 on Mar 27, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $89,900, with a rent estimate of $976/month.

Home Details for 3040 5th Ave E

Interior Features

Interior Details
BasementNumber of Rooms: 4
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1920Year Updated: 1920
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Mar 27, 2023
Source: N/A
Sold
$17,000

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

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

What Locals Say about Mars Hill

At least 86 Trulia users voted on each feature.

  • 85 % Say parking is easy

  • 84 % Say car is needed

  • 82 % Say yards are well-kept

  • 77 % Say kids play outside

  • 64 % Say it's dog friendly

  • 53 % Say there's holiday spirit

  • 48 % Say it's walkable to grocery stores

  • 44 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 39 % Say people would walk alone at night

  • 35 % Say it's quiet

  • 34 % Say there are sidewalks

  • 33 % Say it's walkable to restaurants

  • 29 % Say they plan to stay for at least 5 years

  • 12 % Say streets are well-lit

  • 11 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lilsispeanut
    "There is an annual neighborhood block party, a church that provides free summer meals for kids, and a free book exchange. "
    0
    Flag
  • Trulia User
    "Everyone just helps each other around in that area and there is a art center and a really great school township "
    0
    Flag
  • Trulia User
    "Dog owners would dislike the fact that there is no yard for dogs to tun in. Also, those of us who do pick up after our animals are tired of being blamed for piles of poop others leave."
    2
    Flag
  • Della B.
    "I've lived here in the Decatur Township part of Mars Hill for over 2 years. I love my neighbors! They are friendly and neighbor is quiet. Anyone looking for a home on Southwest side of Indy, take note the Decatur Township side of Mars Hill is full of quiet neighborhoods. "
    5
    Flag
  • Trulia User
    "A lot of stray dogs and cats in the neighborhood. Which of the stray animals will use the restroom in your yard."
    1
    Flag
  • Trulia User
    "the school of StoutField on Sam Jones has a splashpark for anyone that wants to use it is about the only thing that is special in this neighborhood. "
    0
    Flag
  • Allykaat1
    "Been here over 10 years, last 5 have been horrible and continues to worsen by the day. Looking to move asap"
    23
    Flag
  • Nick D.
    "Drugs, domestic violence and loud noises. Avoid if you have any personal dignity. Kids growing up here will be exposed to the worst side of adults and likely be in danger."
    8
    Flag
  • Rebecca L. C.
    "It’s an old neighborhood with working families trying to get by day to day a lot of old school families I grew up here and have seen it go down no improvements here but good people for the most part. "
    10
    Flag
  • Sarah S.
    "I make it quick as possible, I don’t like being outside when it’s dark. Music thumps loudly in cars and you can hear gun shots often. "
    3
    Flag
  • Chelsie L.
    "Some people let their dogs run free throughout the neighborhood or their dogs can get out easily too."
    4
    Flag
  • Jess
    "The only thing I like about this location is I’m not far from 465 or 70. Only takes 10-15 min to get downtown, west side and south side. "
    0
    Flag
  • Jessie
    "Lots of stray cats and loose dogs running around. And not many safe places to walk. Very sketchy people and lack of sidewalks. "
    0
    Flag
  • Morris C.
    "Where the pedophiles live and where is crime being committed safe streets for kids more than one local grocery available "
    0
    Flag
  • D m.
    "Good neighborhood and good safety, nice app,very clean complex app, maintenance are very fast and quick "
    0
    Flag
  • Faith A.
    "I lived in the area when the kids were smaller and liked it. Want to move back into the are as soon as possible"
    22
    Flag
  • L_wjohnson
    "WE lived here for 9 years and would have stayed but we experienced job relocation. WE felt it was an excellent area, safe, accessible, and easy travel to all areas of Indianapolis, via I70 or I465. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 3040 5th Ave E

  • What is 3040 5th Ave E estimated to be worth?
    Trulia's estimated value for 3040 5th Ave E in Indianapolis, IN is $89,900.
  • What is the price history for 3040 5th Ave E?
    3040 5th Ave E in Indianapolis, IN last sold for $17,000 in March 2023.
  • 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.
  • How big is the lot at 3040 5th Ave E?
    The lot at 3040 5th Ave E in Indianapolis, IN is about 0.12 acres (5,227 sq ft).

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