4940 E 39th St, Indianapolis, IN 46226
Property image
Property image
OFF MARKET

$138,600

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,998 sqft (on 0.49 acres)

4940 E 39th St, Indianapolis, IN 46226

Forest Manor
Refinance Your Home
Currently Off Market - Sold Jun 27, 2014 for $26,700

Home Value

Trulia Estimate
$139K
Since last month
Increased$300 (+0.2%)
Since last year
Decreased$14K (-9.2%)
Since last sale
Increased$114K (+425.5%)
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 +115% in the last 10 years
MonthEstimated value
2026
August 2026$140K
July 2026$140K
June 2026$143K
May 2026$156K
April 2026$150K
March 2026$150K
February 2026$149K
January 2026$143K
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
4917 E 39th St, Indianapolis, IN
0.07
Single-Family Home
$141,600
09/26/25
2
1
1,784
3901 Wallace Ave, Indianapolis, IN
0.13
Single-Family Home
$55,000
06/12/26
2
1
1,047
3911 N Emerson Ave, Indianapolis, IN
0.16
Single-Family Home
$50,000
04/09/26
3
1
1,017
3711 N Riley Ave, Indianapolis, IN
0.25
Single-Family Home
$107,000
05/29/26
2
1
1,680
3941 Arthington Blvd, Indianapolis, IN
0.23
Single-Family Home
$115,500
07/17/26
2
1
2,192
3701 N Riley Ave, Indianapolis, IN
0.27
Single-Family Home
$130,000
02/26/26
3
1
2,336
3642 N Dequincy St, Indianapolis, IN
0.32
Single-Family Home
$147,000
09/19/25
2
1
1,592
3938 N Grand Ave, Indianapolis, IN
0.21
Single-Family Home
$135,000
09/22/25
3
1
993
3547 N Emerson Ave, Indianapolis, IN
0.47
Single-Family Home
$84,900
09/09/25
3
1
2,258
3665 N Colorado Ave, Indianapolis, IN
0.58
Single-Family Home
$85,500
04/20/26
2
1
2,088

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
4916 E 39th St, Indianapolis, IN 46226
0.03
$174,900
4
2
925
For Sale
4939 E 39th St, Indianapolis, IN 46226
0.04
$210,100
3
2
1,405
Off Market
4933 E 39th St, Indianapolis, IN 46226
0.05
$144,900
2
1
999
For Sale
4917 E 39th St, Indianapolis, IN 46226
0.07
$155,200
2
1
1,784
Off Market
5230 E 39th St, Indianapolis, IN 46226
0.10
-
-
-
-
Off Market
3901 Wallace Ave, Indianapolis, IN 46226
0.13
$55,000
2
1
1,047
Recently Sold
3918 N Grand Ave, Indianapolis, IN 46226
0.20
$51,000
2
1
-
Recently Sold
3912 Wallace Ave, Indianapolis, IN 46226
0.17
$180,000
3
1.5
1,800
Recently Sold
3910 N Grand Ave, Indianapolis, IN 46226
0.20
$143,500
4
2
-
Off Market
3938 N Grand Ave, Indianapolis, IN 46226
0.21
$134,800
3
1
993
Off Market
4016 N Emerson Ave, Indianapolis, IN 46226
0.22
$203,600
3
1.5
2,174
Off Market
3956 N Grand Ave, Indianapolis, IN 46226
0.22
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 4940 E 39th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1953
Lot Size
0.49 acres
Living Area
1,998 sqft
Price/Sqft
$69
Parking
Garage

About this House

This single-family home is located at 4940 E 39th St, Indianapolis, IN. 4940 E 39th St is in the Forest Manor neighborhood in Indianapolis, IN and in ZIP code 46226. This property has 2 bedrooms, 1 bathroom and approximately 1,998 sqft of floor space. This property has a lot size of 10454 sqft and was built in 1953.
4940 E 39th St, Indianapolis, IN 46226 is a 2 bedroom, 1 bathroom, 1,998 sqft single-family home in Forest Manor, built in 1953. It last sold for $26,700 on Jun 27, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $138,600, with a rent estimate of $1,266/month.

Home Details for 4940 E 39th St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet
Interior Details
Number of Rooms: 5Types of Rooms: Breakfast Nook
Fireplace & Spa
Fireplace

Exterior Features

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

Property Information

Year Built
Year Built: 1953Year Updated: 1960
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 0.49 acres

Price and Tax history

DateEventPrice
Jun 27, 2014
Source: MIBOR as distributed by MLS GRID #21273830
Sold
$26,700
Jun 5, 2014
Source: Agent Provided
Pending
$25,500
May 22, 2014
Source: Agent Provided
PriceChange
$25,500
Price decreased by 15%
Feb 5, 2014
Source: Agent Provided
Listed For Sale
$30,000

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

Forest Manor
See Local Highlights
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."
    24
    Flag
  • Meetthefarrs
    "Love it the fact that I have grown in this neighborhood. Things have changed but thenoewve is still in the neighborhood "
    6
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4940 E 39th St

  • What is 4940 E 39th St estimated to be worth?
    Trulia's estimated value for 4940 E 39th St in Indianapolis, IN is $138,600.
  • What is the price history for 4940 E 39th St?
    4940 E 39th St in Indianapolis, IN last sold for $26,700 in June 2014.
  • 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 4940 E 39th St have air conditioning?
    Yes, 4940 E 39th St in Indianapolis, IN has air conditioning.
  • How big is the lot at 4940 E 39th St?
    The lot at 4940 E 39th St in Indianapolis, IN is about 0.24 acres (10,454 sq ft).

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