4038 E 640 S
Markleville, IN 46056
- 4 Beds
- 2.5 Baths
- 2,720 sqft (on 5.10 acres)
4 Beds
2.5 Baths
2,720 sqft
(on 5.10 acres)
Home Value
Trulia Estimate
$557KSince last month
Increased$4K (+0.6%)Since last year
Increased$33K (+6.2%)Since last sale
Increased$54K (+10.7%)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 +103% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $559K |
| July 2026 | $561K |
| June 2026 | $555K |
| May 2026 | $552K |
| April 2026 | $550K |
| March 2026 | $545K |
| February 2026 | $557K |
| January 2026 | $560K |
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 |
|---|---|---|---|---|---|---|---|
0.95 | Single-Family Home | $485,000 | 03/11/26 | 3 | 2 | 2,364 | |
0.94 | Single-Family Home | $805,000 | 03/31/26 | 3 | 2.5 | 2,706 | |
1.03 | Single-Family Home | $430,000 | 08/05/26 | 4 | 2 | 1,732 | |
1.76 | Single-Family Home | $450,000 | 03/16/26 | 3 | 2 | 1,708 | |
1.76 | Single-Family Home | $450,000 | 03/16/26 | 3 | 2 | 1,708 | |
1.09 | Single-Family Home | $200,000 | 01/16/26 | 3 | 1 | 1,190 | |
1.27 | Single-Family Home | $265,000 | 07/24/26 | 3 | 2 | 2,132 | |
1.23 | Single-Family Home | $233,295 | 11/07/25 | 3 | 2 | 1,392 | |
1.39 | Single-Family Home | $345,000 | 09/08/25 | 3 | 2 | 1,944 | |
1.97 | Single-Family Home | $360,000 | 05/04/26 | 3 | 2 | 2,509 |
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 |
|---|---|---|---|---|---|---|
0.45 | - | - | - | - | Off Market | |
0.56 | $574,800 | 3 | 3 | 2,799 | Off Market | |
0.59 | - | 4 | 3.5 | 3,265 | Off Market | |
0.59 | $200,400 | 3 | 1 | 1,500 | Off Market | |
0.71 | $377,700 | 3 | 2 | 2,128 | Off Market | |
0.72 | $424,300 | 3 | 2.5 | 3,727 | Off Market | |
0.80 | $270,300 | 3 | 2 | 2,016 | Off Market | |
0.84 | $369,800 | 4 | 2.5 | 3,220 | Off Market | |
0.95 | $485,000 | 3 | 2 | 2,364 | Recently Sold | |
0.94 | $805,000 | 3 | 2.5 | 2,706 | Recently Sold | |
1.00 | $364,500 | 3 | 2 | 1,906 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1985
Lot Size
5.1 acres
Living Area
2,720 sqft
Price/Sqft
$205
Parking
3 Car Garage
About this House
Discover your dream home at 4038 E 640 S in Markleville. This stunning 4-bedroom, 3-bathroom residence offers over 2,700 sqft sitting on over 5 acres. As you step inside, you are greeted by the warmth of hardwood floors that flow seamlessly throughout the entire home, creating a sense of elegance and continuity. The spacious living areas are bathed in natural light, providing a welcoming and comfortable atmosphere for both everyday living and entertaining guests. The heart of this home is the fully updated kitchen, which boasts modern amenities, sleek countertops, and high-end appliances. Adjacent to the kitchen, the vaulted dining area provides a cozy space for family meals while enjoying views of the surrounding nature. The primary bedroom offers a vaulted ceiling, walk-in closet, and second story balcony. Each of the additional three bedrooms offer generously sized closets, with ample lighting. The guest bathroom is fully updated with a tiled shower and heated floors. One of the standout features of this property is its connection to the outdoors. The expansive 5-acre lot provides endless opportunities for recreation, gardening, or simply relaxing in nature. With Fall Creek running through the property, you can enjoy peaceful water views and the soothing sounds of the creek year-round. 4038 E 640 S is more than just a house; it's a lifestyle. Whether you're hosting a summer barbecue on the patio, exploring the wooded areas on your land, or cozying up by the fire on a winter night, this home offers a unique blend of comfort, luxury, and natural beauty. Don't miss your chance to own this exceptional property in Markleville. Schedule a private tour today and experience all that this magnificent home has to offer.
4038 E 640 S, Markleville, IN 46056 is a 4 bedroom, 3 bathroom, 2,720 sqft single-family home built in 1985. It last sold for $505,000 on Aug 23, 2024 (5% below the $529,000 asking price). It is currently off market. The Trulia Estimate is $557,100, with a rent estimate of $2,360/month.
Home Details for 4038 E 640 S
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MLS Status: Sold |
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Interior Details Number of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Laundry, Office |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2720 Square Feet |
Appliances & Utilities Utilities: Electricity ConnectedAppliances: Dishwasher, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Water Softener OwnedDishwasherLaundry: Main LevelMicrowaveRefrigerator |
Heating & Cooling Heating: High Efficiency (90%+ AFUE ),Propane,Wood StoveHas CoolingHas HeatingHeating Fuel: High Efficiency 90 AFUE |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Free Standing, Primary Bedroom, OtherHas a Fireplace |
Gas & Electric Has Electric on Property |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Other Structures: Barn MiniFoundation: Crawl Space |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached |
Water & Sewer Sewer: Septic Tank |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 59 |
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Year Built Year Built: 1985 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: CedarNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Updated/RemodeledParcel Number: 481314200016000001 |
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Price List Price: $529,000 |
Status Change & Dates Off Market Date: Tue Jul 23 2024Possession Timing: Close Of Escrow, Negotiable |
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Direction & Address City: MarklevilleCommunity: No Subdivision |
School Information Elementary School: East Elementary SchoolJr High / Middle School: Pendleton Heights Middle SchoolHigh School: Pendleton Heights High SchoolHigh School District: South Madison Com Sch Corp |
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Building Area Building Area: 2720 Square Feet |
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No HOA |
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Lot Area: 5.1 Acres |
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Special Conditions: None |
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Mls Number: 21987044Attic: Access Only |
Last check for updates: about 20 hours ago
Listed by Ali Rahimi
Trueblood Real Estate
Bought with: Marcie Knafel, (317) 506-7856, CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID, MLS#21987044

Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 23, 2024 Source: MIBOR as distributed by MLS GRID #21987044 | Sold | $505,000 |
Jul 25, 2024 Source: MIBOR as distributed by MLS GRID #21987044 | Pending | $529,000 |
Jul 20, 2024 Source: MIBOR as distributed by MLS GRID #21987044 | PriceChange | $529,000 Price decreased by 2% |
Jul 11, 2024 Source: MIBOR as distributed by MLS GRID #21987044 | PriceChange | $539,000 Price decreased by 2% |
Jun 27, 2024 Source: MIBOR as distributed by MLS GRID #21987044 | Listed For Sale | $549,000 |
Jun 20, 2024 Source: MIBOR as distributed by MLS GRID #21981528 | ListingRemoved | |
May 26, 2024 Source: MIBOR as distributed by MLS GRID #21981528 | Listed For Sale | $549,000 |
May 21, 2009 Source: MIBOR as distributed by MLS GRID #2867526 | Sold | $240,000 |
Jul 1, 2008 Source: Agent Provided | ListingRemoved | $290,000 |
May 1, 2008 Source: Agent Provided | PriceChange | $290,000 Price decreased by 7% |
Apr 5, 2008 Source: Agent Provided | PriceChange | $312,000 Price decreased by 4% |
Mar 9, 2008 Source: Agent Provided | Listed For Sale | $324,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,882 | $249,600 |
Home facts updated by county records
Market trends in Markleville
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
6
Around this home
What Locals Say about Markleville
At least 2 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say it's quiet
100 % Say there's wildlife
100 % Say car is needed
100 % Say they plan to stay for at least 5 years
100 % Say there's holiday spirit
100 % Say yards are well-kept
83 % Say streets are well-lit
80 % Say kids play outside
75 % Say people would walk alone at night
67 % Say neighbors are friendly
67 % Say it's dog friendly
50 % Say there are sidewalks
33 % Say there are community events
25 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 4038 E 640 S
- What is 4038 E 640 S estimated to be worth?Trulia's estimated value for 4038 E 640 S in Markleville, IN is $557,100.
- What is the price history for 4038 E 640 S?4038 E 640 S in Markleville, IN last sold for $505,000 in August 2024.
- Is Markleville a buyer's or seller's market?Markleville is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to 4038 E 640 S?The closest schools to 4038 E 640 S in Markleville, IN are East Elementary School (rated 7/10), Pendleton Heights High School (rated 9/10), Pendleton Heights Middle School (rated 6/10).
- Does 4038 E 640 S have air conditioning?Yes, 4038 E 640 S in Markleville, IN has air conditioning.
- Does 4038 E 640 S have laundry facilities?Yes, 4038 E 640 S in Markleville, IN has laundry facilities.

Based on information submitted to the MLS GRID as of 2026-08-13 12:53:06 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

