4040 Eastern Ave, Indianapolis, IN 46205
Property image
Property image
OFF MARKET

4040 Eastern Ave
Indianapolis, IN 46205

Meadows
  • 3 Beds
  • 2 Baths
  • 2,152 sqft

$132,700

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $863/mo*
Refinance Your Home

$132,700

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $863/mo*
Refinance Your Home
3 Beds
2 Baths
2,152 sqft

Home Value

Trulia Estimate
$133K
Since last month
Decreased$800 (-0.6%)
Since last year
Increased$7K (+5.7%)
Since last sale
Increased$109K (+462.3%)
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 +285% in the last 10 years
MonthEstimated value
2026
August 2026$133K
July 2026$134K
June 2026$137K
May 2026$136K
April 2026$127K
March 2026$135K
February 2026$127K
January 2026$119K
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
4022 N Tacoma Ave, Indianapolis, IN
0.15
Single-Family Home
$110,000
03/31/26
4
1.5
2,236
4024 Eastern Ave, Indianapolis, IN
0.03
Single-Family Home
$95,000
07/30/26
2
1
1,560
2964 E 42nd St, Indianapolis, IN
0.30
Single-Family Home
$55,000
04/17/26
3
1
1,564
3602 N Dearborn St, Indianapolis, IN
0.62
Single-Family Home
$22,000
12/15/25
4
2
1,800
4035 N Tacoma Ave, Indianapolis, IN
0.11
Single-Family Home
$168,838
10/14/25
4
2
858
3841 N Temple Ave, Indianapolis, IN
0.20
Single-Family Home
$89,900
12/22/25
2
1
1,632
3913 N Temple Ave, Indianapolis, IN
0.16
Single-Family Home
$110,000
08/21/26
2
1
1,440
4223 Glenwood Dr, Indianapolis, IN
0.33
Single-Family Home
$155,000
06/18/26
3
1.5
2,010
4129 N Tacoma Ave, Indianapolis, IN
0.15
Single-Family Home
$185,000
05/22/26
2
1
1,792
3905 Millersville Dr, Indianapolis, IN
0.37
Single-Family Home
$90,000
02/17/26
4
2
1,500

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
4024 Eastern Ave, Indianapolis, IN 46205
0.03
$95,000
2
1
1,560
Recently Sold
4034 N Temple Ave, Indianapolis, IN 46205
0.07
$71,900
2
1
1,052
Off Market
2636 E 40th St, Indianapolis, IN 46205
0.07
$164,000
3
1
2,976
For Sale
4125 N Tacoma Ave, Indianapolis, IN 46205
0.14
$175,200
4
1
1,792
Off Market
4129 N Tacoma Ave, Indianapolis, IN 46205
0.15
$185,000
2
1
1,792
Recently Sold
3935 N Temple Ave, Indianapolis, IN 46205
0.12
$96,200
2
1
1,920
Off Market
2521 E 40th St, Indianapolis, IN 46205
0.13
$120,800
2
1
1,236
Off Market
4022 N Tacoma Ave, Indianapolis, IN 46205
0.15
$110,000
4
1.5
2,236
Recently Sold
4016 N Tacoma Ave, Indianapolis, IN 46205
0.15
$201,700
4
1.5
2,456
Off Market
3913 N Temple Ave, Indianapolis, IN 46205
0.16
$110,000
2
1
1,440
Recently Sold
4163 N Tacoma Ave, Indianapolis, IN 46205
0.19
$150,400
3
1
925
Off Market
4143 N Tacoma Ave, Indianapolis, IN 46205
0.21
$120,500
2
1
1,700
Off Market

Local Information

  • Map ViewExplore the area around 4040 Eastern Ave.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1924
Living Area
2,152 sqft
Price/Sqft
$62
Parking
Garage

About this House

This single-family home is located at 4040 Eastern Ave, Indianapolis, IN. 4040 Eastern Ave is in the Meadows neighborhood in Indianapolis, IN and in ZIP code 46205. This property has 3 bedrooms, 2 bathrooms and approximately 2,152 sqft of floor space. This property has a lot size of 6560 sqft and was built in 1924.
4040 Eastern Ave, Indianapolis, IN 46205 is a 3 bedroom, 2 bathroom, 2,152 sqft single-family home in Meadows, built in 1924. It last sold for $23,600 on Jan 30, 2017. It is currently off market. The Trulia Estimate is $132,700, with a rent estimate of $2,050/month.

Home Details for 4040 Eastern Ave

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1924Year Updated: 1950
Property Type / Style
Property Type: Single Family Home

Interior Features

Interior Details
Number of Rooms: 8
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Community

Units in Building: 1

Lot Information

Lot Area: 6560 sqft

Price and Tax history

DateEventPrice
Jan 30, 2017
Source: MIBOR as distributed by MLS GRID #21458556
Sold
$23,600
Jan 12, 2017
Source: Agent Provided
Pending
$22,000
Dec 31, 2016
Source: Agent Provided
Listed For Sale
$22,000

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

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

What Locals Say about Meadows

At least 23 Trulia users voted on each feature.

  • 87 % Say yards are well-kept

  • 83 % Say kids play outside

  • 80 % Say parking is easy

  • 79 % Say car is needed

  • 72 % Say there are sidewalks

  • 68 % Say it's walkable to grocery stores

  • 63 % Say it's dog friendly

  • 51 % Say it's walkable to restaurants

  • 51 % Say there's holiday spirit

  • 50 % Say neighbors are friendly

  • 44 % Say streets are well-lit

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 40 % Say it's quiet

  • 32 % Say people would walk alone at night

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Ok. There’s sometimes too much traffic but, I guess that’s normal. Some traffic lights could be synced better. And they need to do something about the potholes in some of the central downtown area of Indianapolis. More turn signals could be added to some of these lights as well may I add. Other than that it really just depends on where you stay on how you feel how the area is. I can’t complain. Indianapolis is an amazing place to raise a beautiful family as well as go to school. Great learning opportunities and the nightlife is cool. It can get violet sometimes, especially with the youth right now, but I truly believe that Indianapolis can get better. It’s up to the elders, middle aged, and adults to come together to help our community come back togethers as one. It definitely takes a village for our youth so we might as well come back together as a village to finish helping grow our youth and younger generation into the smart people they can be."
    0
    Flag
  • Dawn Williams
    "I really like the neighborhood and the location, but I wish they would do a better job cleaning up the crime around here"
    0
    Flag
  • Leslie Brown
    "For their children to watch out for the stray dogs in the neighborhood and it’s a couple of parks for the kids to go to when it’s warm out and they have swimming pools as well "
    0
    Flag
  • Leslie Brown
    "The neighbors are friendly and people walk their dogs the dogs never bother anyone and I feel safe most the time. I’ve never had any problems "
    0
    Flag
  • Trulia User
    "It’s a quite neighborhood for the most part neighbors do watch out for each other. There is a church right on Schofield to attend and the schools are close by"
    0
    Flag
  • Dena J.
    "Dogs are usually on a leash. Dog owner’s should not have a problem with other dogs in this neighborhood."
    3
    Flag
  • Brandy J.
    "My neighborhood is quiet for the area i am in, and washington park is in walking distance. Also, the bus line is close for someone who takes the bus."
    0
    Flag
  • Julie L. C.
    "Nota horrible place to live. Not to much going on around, I know I am safe sitting outside. Not to busy."
    2
    Flag
  • Glentmoxley
    "The Family Dollar on 38th st use to get robbed every week. Now it's only once a month so it's improving. "
    80
    Flag
  • brandy j.
    "they look out for us. they would watch our house when we leave. we love how quiet it is. no one bothers you but they say hi and wave and a couole of them will ask how we are doing. it feels nice to. see people smile at you when your outside "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4040 Eastern Ave

  • What is 4040 Eastern Ave estimated to be worth?
    Trulia's estimated value for 4040 Eastern Ave in Indianapolis, IN is $132,700.
  • What is the price history for 4040 Eastern Ave?
    4040 Eastern Ave in Indianapolis, IN last sold for $23,600 in January 2017.
  • 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 4040 Eastern Ave have air conditioning?
    Yes, 4040 Eastern Ave in Indianapolis, IN has air conditioning.
  • How big is the lot at 4040 Eastern Ave?
    The lot at 4040 Eastern Ave in Indianapolis, IN is about 0.15 acres (6,560 sq ft).

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