4937 E 40th St
Indianapolis, IN 46226
Forest Manor
2 Beds
1 Bath
987 sqft (on 0.35 acres)
2 Beds
1 Bath
987 sqft
(on 0.35 acres)
Local Information
- Map ViewExplore the area around 4937 E 40th St.
- Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1956
Lot Size
0.35 acres
Living Area
987 sqft
Price/Sqft
$164
Parking
Garage
About this House
This single-family home is located at 4937 E 40th St, Indianapolis, IN. 4937 E 40th St is in the Forest Manor neighborhood in Indianapolis, IN and in ZIP code 46226. This property has 2 bedrooms, 1 bathroom and approximately 987 sqft of floor space. This property has a lot size of 0.35 acres and was built in 1956.
4937 E 40th St, Indianapolis, IN 46226 is a 2 bedroom, 1 bathroom, 987 sqft single-family home in Forest Manor, built in 1956. It last sold for $128,000 on Sep 16, 2022. It is currently off market. The Trulia Estimate is $161,700, with a rent estimate of $1,267/month.
Home Details for 4937 E 40th St
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Heating & Cooling Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 7 |
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Exterior Home Features Roof: Asphalt |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1956Year Updated: 1961 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.35 acres |
Price History for 4937 E 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/16/2022 | $128,000 | Sold | N/A |
| 01/04/2007 | $67,716 | Sold | N/A |
Market trends in Indianapolis
Last updated June 2026
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,890 |
| Assessment | $142,600 |
Home facts updated by county records
Comparable Sales for 4937 E 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $141,600 | 09/26/25 | 2 | 1 | 1,784 | |
0.22 | Single-Family Home | $135,000 | 09/22/25 | 3 | 1 | 993 | |
0.20 | Single-Family Home | $55,000 | 06/12/26 | 2 | 1 | 1,047 | |
0.24 | Single-Family Home | $115,500 | 07/17/26 | 2 | 1 | 2,192 | |
0.25 | Single-Family Home | $166,900 | 12/02/25 | 3 | 1 | 925 | |
0.37 | Single-Family Home | $181,000 | 10/08/25 | 2 | 1 | 1,586 | |
0.37 | Single-Family Home | $140,000 | 12/11/25 | 3 | 1 | 1,075 | |
0.55 | Single-Family Home | $137,000 | 06/12/26 | 2 | 1 | 720 | |
0.18 | Single-Family Home | $50,000 | 04/09/26 | 3 | 1 | 1,017 | |
0.38 | Single-Family Home | $107,000 | 05/29/26 | 2 | 1 | 1,680 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETF.C. Tucker Company, Sold
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Assigned Schools
These are the assigned schools for 4937 E 40th St.
- Arsenal Technical High School
- 9-12
- Public
- 2360 Students
1/10GreatSchools RatingParent Rating AverageMy experience with the school has been excellent at distinct levels. I rate this school high in safety and teaching. The teachers are dedicated and caring. Too often, the media focuses on deficit views of the school, yet the assets offered by this school are often ignored.Parent Review3y ago - Crispus Attucks Medical Magnet High School (9-12)
- 9-12
- Public
- 1269 Students
1/10GreatSchools RatingParent Rating AverageMt child is new to Attucks this year and it has been amazing. The staff and atmosphere is wonderful for a child wi th health issues.Other Review10y ago - Eliza A. Blaker School 55
- PK-5
- Public
- 301 Students
4/10GreatSchools RatingParent Rating AverageGood experience. Peer mediation to find ways to clr disagreements, supporting kindness and learning strategies to support creative ways to problem solve. Like the project based approach. Love that my child is learning to be kind and collaborate, while learning math, writing, reading, science, etc.Parent Review6y ago - Floro Torrence School 83
- PK-6
- Public
- 197 Students
4/10GreatSchools RatingParent Rating AverageGreat school. My daughter loves going to this school. She is a great student!Parent Review6y ago - George Washington Community High School (9-12)
- 9-12
- Public
- 729 Students
1/10GreatSchools RatingParent Rating AverageThis school has several bright points and also many challenges. I think the school does a really good job with providing a quality place to learn; many awesome teachers, some not as great, that's the way it would go at any school. The principal cares about the students and, in my experience, so do the teachers. Maybe it's not a 5/5, but it's also not a 1, so I want to balance it out.Other Review3y ago - Rousseau McClellan School 91
- PK-5
- Public
- 506 Students
6/10GreatSchools RatingParent Rating Averageim a kid and i cant learn here but you make cool and nice friends hereParent Review3y ago - Center for Inquiry School 84
- K-5
- Public
- 360 Students
8/10GreatSchools RatingParent Rating AverageThe teachers and staff are so friendly and involved. The curriculum is challenging and I love the IB program and inquiry based learning. Our son has excelled at this school and best of all, he likes school! We are so fortunate to have such a great school in the neighborhood.Parent Review12y ago - Shortridge High School
- 9-12
- Public
- 1206 Students
2/10GreatSchools RatingParent Rating Averagenever been here but like my online friend goes here and he's like super cooool wsp brandon how u doinOther Review2y ago - Arlington Community Middle School
- 6-8
- Public
- 365 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near 4937 E 40th St.
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.
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