4038 E  640 S, Markleville, IN 46056
Property image
Property image
OFF MARKET

4038 E 640 S
Markleville, IN 46056

  • 4 Beds
  • 2.5 Baths
  • 2,720 sqft (on 5.10 acres)

$557,100

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,304/mo*

$557,100

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,304/mo*
4 Beds
2.5 Baths
2,720 sqft
(on 5.10 acres)

Home Value

Trulia Estimate
$557K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 4038 E 640 S.
-- mins to
Commute Destination

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

Active Status

MLS Status: Sold

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 59

Property Information

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

Price & Status

Price
List Price: $529,000
Status Change & Dates
Off Market Date: Tue Jul 23 2024Possession Timing: Close Of Escrow, Negotiable

Location

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

Building

Building Area
Building Area: 2720 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5.1 Acres

Listing Info

Special Conditions: None

Miscellaneous

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

DateEventPrice
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

Market trends in Markleville

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
6
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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.
  • Laneschill
    "It is a safe and quiet community. Schools are fantastic and the community has a lot of fun festivities and parades. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 4038 E 640 S

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Off Market Homes Near 4038 E 640 S

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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