4041 E  42nd St, Indianapolis, IN 46226
OFF MARKET

4041 E 42nd St
Indianapolis, IN 46226

Forest Manor
  • 4 Beds
  • 2 Baths
  • 3,990 sqft (on 1.17 acres)

$226,000

Trulia Estimate
as of Jul 24, 2026
Est. Refi. Payment $1,394/mo*

$226,000

Trulia Estimate
as of Jul 24, 2026
Est. Refi. Payment $1,394/mo*
4 Beds
2 Baths
3,990 sqft
(on 1.17 acres)

Local Information

  • Map ViewExplore the area around 4041 E 42nd St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1922
Lot Size
1.17 acres
Living Area
3,990 sqft
Price/Sqft
$57
Parking
Garage

About this House

Extensive fire damage
4041 E 42nd St, Indianapolis, IN 46226 is a 4 bedroom, 2 bathroom, 3,990 sqft single-family home in Forest Manor, built in 1922. It last sold for $35,000 on Oct 5, 2012. It is currently off market. The Trulia Estimate is $226,000, with a rent estimate of $1,791/month.

Home Details for 4041 E 42nd St

Interior Features

Interior Details
BasementNumber of Rooms: 10Types of Rooms: Family Room
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Exterior Features

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

Property Information

Year Built
Year Built: 1922Year Updated: 1950
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1.17 acres

Price History for 4041 E 42nd St

DatePriceEventSource
10/05/2012$35,000Sold
N/A
09/25/2012$39,900PendingAgent Provided
09/07/2012$39,900PriceChange
Agent Provided
07/28/2012$49,900Listed For SaleAgent Provided
07/27/2011$85,500Sold
N/A
05/15/2001$124,000Sold
MIBOR as distributed by MLS GRID #2047235

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18K
MoM
Sale-to-List Price
99.2%
0.5%
MoM
Price per sq ft
$143
$3
MoM
Available listings
3885
69
MoM
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Property Tax and Assessment

Year2025
Tax$2,917
Assessment$283,900
Home facts updated by county records

Comparable Sales for 4041 E 42nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$270,000
04/20/26
3
2
2,752
0.19
Single-Family Home
$233,000
08/15/25
3
2
2,790
0.10
Single-Family Home
$450,000
03/16/26
3
2.5
3,894
0.07
Single-Family Home
$140,000
02/25/26
3
2.5
1,955
0.22
Single-Family Home
$220,000
10/03/25
3
1.5
1,837
0.31
Single-Family Home
$180,000
03/25/26
3
1.5
3,124
0.25
Single-Family Home
$184,000
03/13/26
4
2
2,704
0.39
Single-Family Home
$335,000
07/08/26
4
3.5
3,170
0.45
Single-Family Home
$134,900
12/29/25
4
2
2,000
0.26
Single-Family Home
$239,000
05/05/26
3
2
1,526

Nearby homes

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Assigned Schools

These are the assigned schools for 4041 E 42nd St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Forest Manor

At least 25 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 88 % Say yards are well-kept

  • 72 % Say parking is easy

  • 69 % Say there's holiday spirit

  • 63 % Say it's dog friendly

  • 61 % Say kids play outside

  • 47 % Say there are sidewalks

  • 45 % Say neighbors are friendly

  • 44 % Say it's quiet

  • 37 % Say there's wildlife

  • 32 % Say they plan to stay for at least 5 years

  • 31 % Say it's walkable to restaurants

  • 29 % Say it's walkable to grocery stores

  • 27 % Say streets are well-lit

  • 22 % Say there are community events

  • 21 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Shayla P.
    "violent lately but also sometimes quiet. I also have quiet neighbors and a pretty cool street minus the potholes but all in all it's ok. some but not many children live on my block bit a lot of older people make it a little safer."
  • Meetthefarrs
    "Love it the fact that I have grown in this neighborhood. Things have changed but thenoewve is still in the neighborhood "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 4041 E 42nd St

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Off Market Homes Near 4041 E 42nd St

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