40 E 54th St, Indianapolis, IN 46220
Property image
Property image
OFF MARKET

40 E 54th St
Indianapolis, IN 46220

Meridian Kessler
  • 3 Beds
  • 2.5 Baths
  • 3,023 sqft

$753,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,549/mo*
Refinance Your Home

$753,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,549/mo*
Refinance Your Home
3 Beds
2.5 Baths
3,023 sqft

Home Value

Trulia Estimate
$754K
Since last month
Decreased$6K (-0.8%)
Since last year
Increased$28K (+3.8%)
Since last sale
Decreased$1K (-0.2%)
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 +48% in the last 10 years
MonthEstimated value
2026
August 2026$754K
July 2026$760K
June 2026$761K
May 2026$762K
April 2026$760K
March 2026$771K
February 2026$767K
January 2026$755K
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
5433 N Delaware St, Indianapolis, IN
0.14
Single-Family Home
$750,000
09/02/25
3
2.5
3,093
5416 Central Ave, Indianapolis, IN
0.28
Single-Family Home
$760,000
10/09/25
3
2.5
3,078
5201 N Pennsylvania St, Indianapolis, IN
0.27
Single-Family Home
$698,000
01/15/26
3
2.5
3,040
5421 N Washington Blvd, Indianapolis, IN
0.20
Single-Family Home
$849,150
12/17/25
4
2.5
3,569
5543 N Pennsylvania St, Indianapolis, IN
0.22
Single-Family Home
$600,000
02/27/26
3
2.5
3,389
5506 N Illinois St, Indianapolis, IN
0.25
Single-Family Home
$600,000
04/24/26
3
2.5
2,673
5454 N Illinois St, Indianapolis, IN
0.23
Single-Family Home
$560,000
08/27/25
3
2
3,804
5164 N Illinois St, Indianapolis, IN
0.37
Single-Family Home
$725,000
05/18/26
3
3
3,226
5350 N Capitol Ave, Indianapolis, IN
0.35
Single-Family Home
$629,900
07/24/26
3
2.5
2,824

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
44 E 54th St, Indianapolis, IN 46220
0.01
$1,085,900
4
3
4,326
Off Market
5410 N Pennsylvania St, Indianapolis, IN 46220
0.03
$984,000
5
4
3,640
Off Market
5402 N Pennsylvania St, Indianapolis, IN 46220
0.03
$1,198,600
4
3.5
4,246
Off Market
25 E 54th St, Indianapolis, IN 46220
0.04
$1,037,700
5
4.5
3,891
Off Market
5445 N Meridian St, Indianapolis, IN 46208
0.09
$1,050,000
4
3
4,778
Recently Sold
33 E 55th St, Indianapolis, IN 46220
0.09
$1,001,600
4
4.5
3,586
Off Market
5344 N Pennsylvania St, Indianapolis, IN 46220
0.06
$1,335,000
5
4.5
4,788
For Sale
5415 N Pennsylvania St, Indianapolis, IN 46220
0.07
$1,030,500
4
3.5
4,212
Off Market
5420 N Meridian St, Indianapolis, IN 46208
0.11
$1,442,100
5
3.5
6,073
Off Market
5420 N Delaware St, Indianapolis, IN 46220
0.10
$599,900
3
1.5
2,376
For Sale
5455 N Pennsylvania St, Indianapolis, IN 46220
0.12
$1,070,200
4
3
3,896
Off Market
5350 N Delaware St, Indianapolis, IN 46220
0.10
$827,800
3
2
2,986
Off Market

Local Information

  • Map ViewExplore the area around 40 E 54th 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
1930
Living Area
3,023 sqft
Price/Sqft
$249
Parking
Garage

About this House

This single-family home is located at 40 E 54th St, Indianapolis, IN. 40 E 54th St is in the Meridian Kessler neighborhood in Indianapolis, IN and in ZIP code 46220. This property has 3 bedrooms, 3 bathrooms and approximately 3,023 sqft of floor space. This property has a lot size of 8712 sqft and was built in 1930.
40 E 54th St, Indianapolis, IN 46220 is a 3 bedroom, 3 bathroom, 3,023 sqft single-family home in Meridian Kessler, built in 1930. It last sold for $755,000 on Oct 21, 2025. It is currently off market. The Trulia Estimate is $753,700, with a rent estimate of $3,207/month.

Home Details for 40 E 54th St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 9Types of Rooms: Walk In Closet, Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: OtherExterior: WoodFoundation Type: Crawl RaisedPatioPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1930Year Updated: 1952
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
Oct 21, 2025
Source: N/A
Sold
$755,000
Jun 2, 2020
Source: MIBOR as distributed by MLS GRID #21702507
Sold
$530,000
Apr 14, 2020
Source: Agent Provided
Pending
$550,000
Mar 31, 2020
Source: Agent Provided
Listed For Sale
$550,000
Dec 23, 2016
Source: MIBOR as distributed by MLS GRID #21451163
Sold
$449,000

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

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 "
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  • 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."
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  • 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 40 E 54th St

  • What is 40 E 54th St estimated to be worth?
    Trulia's estimated value for 40 E 54th St in Indianapolis, IN is $753,700.
  • What is the price history for 40 E 54th St?
    40 E 54th St in Indianapolis, IN last sold for $755,000 in October 2025.
  • 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 40 E 54th St have air conditioning?
    Yes, 40 E 54th St in Indianapolis, IN has air conditioning.
  • Does 40 E 54th St have laundry facilities?
    Yes, 40 E 54th St in Indianapolis, IN has in-unit laundry.

Explore by feature - Pet Friendly

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