4940 Calhoun St, Indianapolis, IN 46203
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Property image
OFF MARKET

4940 Calhoun St
Indianapolis, IN 46203

Near Southeast
  • 2 Beds
  • 1 Bath
  • 1,400 sqft (on 1 acre)

$123,000

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $805/mo*
Refinance Your Home

$123,000

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $805/mo*
Refinance Your Home
2 Beds
1 Bath
1,400 sqft
(on 1 acre)

Local Information

  • Map ViewExplore the area around 4940 Calhoun St.
  • Schools3 Preschool Schools4 Elementary Schools2 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1945
Lot Size
1 acre
Living Area
1,400 sqft
Price/Sqft
$88

About this House

This 2 bedroom and 1 bath home sits on 1.27 acres, private setting, truely a unique property!! Would make a great starter home or investment property. Handy man special!
4940 Calhoun St, Indianapolis, IN 46203 is a 2 bedroom, 1 bathroom, 1,400 sqft single-family home in Near Southeast, built in 1945. It last sold for $11,500 on Oct 5, 2010. It is currently off market. The Trulia Estimate is $123,000, with a rent estimate of $1,318/month.

Home Details for 4940 Calhoun St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1945Year Updated: 1970
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Price History for 4940 Calhoun St

DatePriceEventSource
10/05/2010$11,500Sold
MIBOR as distributed by MLS GRID #21047014
09/26/2010$8,240PendingAgent Provided
09/10/2010$8,240Listed For SaleAgent Provided

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
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

Year2025
Tax$1,946
Assessment$186,900
Home facts updated by county records

Comparable Sales for 4940 Calhoun St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5008 E Raymond St, Indianapolis, IN
0.14
Single-Family Home
$91,500
03/13/26
2
1
1,440
2028 S Green Rock Ln, Indianapolis, IN
0.14
Single-Family Home
$76,500
06/05/26
3
1
2,242
4919 E Naomi St, Indianapolis, IN
0.18
Single-Family Home
$150,000
11/12/25
3
1
1,308
5231 E Cheryl Ln, Indianapolis, IN
0.33
Single-Family Home
$42,626
10/31/25
3
2
1,640
4851 Christopher Ct, Indianapolis, IN
0.11
Single-Family Home
$125,000
04/30/26
3
1
984
1824 S Emerson Ave, Indianapolis, IN
0.25
Single-Family Home
$85,513
03/24/26
2
1
1,512
4903 Rowney St, Indianapolis, IN
0.52
Single-Family Home
$43,000
09/25/25
2
1
1,020
4903 E Naomi St, Indianapolis, IN
0.21
Single-Family Home
$173,000
07/30/25
3
2
1,072
4909 Iowa St, Indianapolis, IN
0.24
Single-Family Home
$230,000
12/09/25
3
2
1,556
4909 Hyperion Ct, Indianapolis, IN
0.17
Single-Family Home
$149,900
05/11/26
5
1
1,268

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 4940 Calhoun St.
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

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

What Locals Say about Near Southeast

At least 88 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 87 % Say yards are well-kept

  • 75 % Say there are sidewalks

  • 72 % Say parking is easy

  • 69 % Say it's dog friendly

  • 64 % Say kids play outside

  • 56 % Say there's holiday spirit

  • 55 % Say there's wildlife

  • 46 % Say neighbors are friendly

  • 41 % Say streets are well-lit

  • 41 % Say they plan to stay for at least 5 years

  • 40 % Say it's quiet

  • 34 % Say people would walk alone at night

  • 32 % Say it's walkable to grocery stores

  • 28 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Elliott.donna1
    "Dogs get walked but the street is too busy to let them loose. Plenty of space behind us to walk them "
    0
    Flag
  • Trulia User
    "location is great for my job so I would like to stay in this area, Easy to get around, Diversity in my community is a great thing "
    7
    Flag
  • Trulia User
    "it's Garfield Park so it's kind of historic. and there's a water park near by, great places to hang out during the day and night. I love it in this area. "
    2
    Flag
  • Trulia User
    "Quiet compared to a lot of the rest of the city and most neighbors are friendly just a chill place overall"
    4
    Flag
  • Trulia User
    "I see people walking their dogs or just taking walks themselves. A lot of neighborhood is quiet and well kept. "
    0
    Flag
  • Trulia User
    "easy access to i-65 and 70 close to fountain square 31 and 465. over all easy commute. traffic between 4 and 6 pm"
    1
    Flag
  • Wendy S.
    "i like the close distance to historic Garfield park. there is also a library nearby. It is very close to most amenities and a lot of the neighbors are very nice."
    1
    Flag
  • Alyssa K.
    "I’ve lived here for three years. Close to fountain square and downtown. Always hear fire trucks but nothing too crazy."
    14
    Flag
  • Karenarmantrout
    "I've lived in this neighborhood for six years. We have great neighbors, growing number of children, many residents have pets. You're close to all the major freeways and less than 10 minutes from downtown. There's a bustop at the corner from this home. "
    10
    Flag
  • Angelbratton
    "You need a car but I do see some people take the bus but the walk to bus stops are long. Most houses are old on the side of town that I am on so the neighborhood does look ran down but I’m closer to down town Indy and fountain square."
    2
    Flag
  • Quatinas_ambition
    "Garfield park events during the spring, summer and fall help bring unity to the neighborhood. As well as the Fountain Square area"
    1
    Flag
  • Jeremy S.
    "I haven’t lived in the area long but it seems to be a decent area. Not great but not bad. School system could be better but those things take time. "
    1
    Flag
  • Mojiigames19xx
    "Pretty decent transportation travel to and from work and other activities. 10 minutes to downtown on a good day, 15 if traffic."
    1
    Flag
  • Debbie G.
    "I have lived in the neighborhood for 8 years and it's a nice, clean, friendly neighborhood that's why I would really love to find a house as close to this neighborhood as I possibly could"
    3
    Flag
  • Felissaking
    "We are super close to downtown and the highway and have good access to the cultural trail for biking downtown! Lots of good restaurants in fountain square, and access to Garfield Park as well. "
    9
    Flag
  • Melinda S.
    "This is not really a good place for kids to hang out and is not a good place for younger children to walk around. On the flip side, once kids get a little older, Fountain Square is a good place for young teens to walk to and hang out, especially in the summer."
    0
    Flag
  • Tina W.
    "I visit this area all the time. I like it because it's a very quiet neighborhood. May son lives out here my daughter and granddaughter. "
    3
    Flag
  • Perry E.
    "I've lived in that house for 20 years....never had any issues. No alley to be concerned about....no trespassers or thefts. You reap what you attract I suppose."
    10
    Flag
  • Myriamor21
    "Almost every house in this neighborhood has pets. Kids loved when I would walk my dog around. People with pets are courteous of others. "
    0
    Flag

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Homes for sale near 4940 Calhoun St

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Off Market Homes Near 4940 Calhoun St

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