5338 E  40th St, Indianapolis, IN 46226
OFF MARKET

5338 E 40th St
Indianapolis, IN 46226

Devington
  • 3 Beds
  • 1.5 Baths
  • 2,000 sqft

$189,100

Trulia Estimate
as of May 30, 2026
Est. Refi. Payment $1,161/mo*

$189,100

Trulia Estimate
as of May 30, 2026
Est. Refi. Payment $1,161/mo*
3 Beds
1.5 Baths
2,000 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to this 3 bedroom, 1.5 bathroom, updated and cozy ranch home. The original hardwood floors exude charm throughout. The spacious, waterproofed basement (2022) offers endless possibilities-whether you need extra storage or are dreaming of a finished entertainment area. Located just 10 minutes from Indy's downtown vibrant dining, shopping, and parks. With its unbeatable location and room to grow, this home is a must-see!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 11, 2024

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5338 E 40th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Egress Window(s),UnfinishedNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2000 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Gas Water Heater, Microwave, Electric Oven, RefrigeratorDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Screens SomeFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Hardwood

Exterior Features

Exterior Home Features
Foundation: Concrete Perimeter
Parking & Garage
No Garage
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 24

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl With BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490715116032000401

Price & Status

Price
List Price: $189,900
Status Change & Dates
Off Market Date: Sun Sep 29 2024Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Glicks Hermans Liebermans
School Information
High School District: MSD Lawrence Township

Building

Building Area
Building Area: 2000 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6534 sqft

Miscellaneous

BasementMls Number: 22000437Attic: Access Only
Last check for updates: about 3 hours ago
Listed by Jennifer Holden
Compass Indiana, LLC
Lindsay Sears
Bought with: Julie Keen, eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22000437

Price History for 5338 E 40th St

DatePriceEventSource
12/06/2024$185,000Sold
MIBOR as distributed by MLS GRID #22000437
09/30/2024$189,900PendingMIBOR as distributed by MLS GRID #22000437
09/19/2024$189,900PriceChange
MIBOR as distributed by MLS GRID #22000437
09/07/2024$195,000Listed For SaleMIBOR as distributed by MLS GRID #22000437
03/28/2022$160,000Sold
MIBOR as distributed by MLS GRID #21840707
03/07/2022$159,900PendingMIBOR as distributed by MLS GRID #21840707
03/06/2022$159,900Listed For SaleMIBOR as distributed by MLS GRID #21840707
12/10/2021$50,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$1,962
Assessment$151,500
Home facts updated by county records

Comparable Sales for 5338 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$179,000
05/04/26
3
1
1,728
0.04
Single-Family Home
$175,000
09/16/25
3
1.5
2,009
0.10
Single-Family Home
$150,000
07/17/25
3
1
2,074
0.25
Single-Family Home
$180,000
06/03/25
3
2
1,952
0.19
Single-Family Home
$239,900
01/16/26
4
2
2,376
0.20
Single-Family Home
$149,000
07/22/25
3
1.5
1,329
0.33
Single-Family Home
$173,000
10/03/25
3
1
1,152
0.40
Single-Family Home
$162,500
09/05/25
3
1.5
2,436
0.16
Single-Family Home
$123,500
02/27/26
4
2
1,589

Nearby homes

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Assigned Schools

These are the assigned schools for 5338 E 40th 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 Devington

At least 78 Trulia users voted on each feature.
  • 85 % Say yards are well-kept

  • 85 % Say parking is easy

  • 79 % Say car is needed

  • 74 % Say there are sidewalks

  • 71 % Say kids play outside

  • 64 % Say it's dog friendly

  • 60 % Say there's holiday spirit

  • 54 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say it's walkable to grocery stores

  • 45 % Say neighbors are friendly

  • 40 % Say streets are well-lit

  • 34 % Say people would walk alone at night

  • 33 % Say it's walkable to restaurants

  • 29 % Say there's wildlife

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Cherie Ledford
    "Yeah, we have movie night we look out for each of the neighbors I have a dog he’s a Yorky. He weighs 4 pounds he won’t get any bigger and that’s the only animal I have I lived in Lawrence before and liked it."
  • Trulia User
    "It’s not a great area anymore my street has no sidewalks no bike trails no good street lights……….>………….."
  • Dtorres
    "We need more recreational areas for children. There is a park nearby but its always full with teens and adults playing basketball. A more family friendly park would be great."
  • JAnthanee L. B.
    "The commute is this area is typical like any other area in the city. You need a car to get back and forth. There is also two buses that come in the area that take you where you have to go. I just wish that they ran more often."
  • Dbueno3
    "Some houses don’t have fences so make sure that you are aware of some stray animals in the neighborhood "
  • Dbueno3
    "You have to be careful with other stray dogs around the neighborhood. They don’t seem to be vicious but you never know."
  • Spressne
    "I love living here - best kept secret on the East Side. Close to everything, yet stepping out of my door, I'm in the woods - could be in another country, you would never know! 12 years and counting!"
  • Chauncy R.
    "need car always traffic after 5pm. Public transportation sucks completely. 2 hour commute somewhere when relying on bus "
  • Shelottab
    "The neighbors look out for you but mind their own business at the same time. My neighbor picks up my packages while I’m at work and brings them over."
  • Reesecupsmith
    "I’ve lived in this neighborhood all my life. I feel very comfortable here. I think the property values have went down but it is still a good neighborhood "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 5338 E 40th St

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Off Market Homes Near 5338 E 40th St

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Based on information submitted to the MLS GRID as of 2026-05-29 18:23:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Homes for rent near 5338 E 40th St

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5338 E 40th St, Indianapolis, IN 46226 is a 3 bedroom, 2 bathroom, 2,000 sqft single-family home built in 1956. 5338 E 40th St is located in Devington, Indianapolis. This property is not currently available for sale. 5338 E 40th St was last sold on Dec 6, 2024 for $185,000 (3% lower than the asking price of $189,900). The current Trulia Estimate for 5338 E 40th St is $189,100.