534 E  40th St, Indianapolis, IN 46205
OFF MARKET

534 E 40th St
Indianapolis, IN 46205

Meridian Kessler
  • 2 Beds
  • 1 Bath
  • 2,445 sqft

$246,400

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $1,513/mo*

$246,400

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $1,513/mo*
2 Beds
1 Bath
2,445 sqft

Local Information

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

Description

Meridian-Kessler | Welcome to this 2-bedroom, 1 bath bungalow that is just minutes from popular restaurants like Root&Bone, Gallery Pastry Shop, Upland Brewing Co, and several other SoBro Staples. Quality craftsmanship is shown in the professionally refinished hardwood floors, painted brick faux fireplace, and built-in bookcases. Updated kitchen with stainless appliances and new engineered stone Anya Quartz Nero Marquina countertops with added bar for additional dining/entertaining options. Upgraded privacy fence surrounds private deck/back yard & creates a great space for outdoor entertaining. Perennial landscaping has been added & makes for an easy transition come spring. Great location within walking distance to College Ave shops, restaurants and library. Less than 5-minute drive to Broad Ripple or downtown Indy and 2 blocks to Redline! Basement has finished bonus room that has a ceramic tile floor, closet and is being used for a media/exercise room.
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 June 03, 2024

Home Highlights

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

Home Details for 534 E 40th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,Finished,Finished Ceiling,Finished Walls,Storage SpaceNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bonus Room, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2445 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Gas Water Heater, Electric Oven, RefrigeratorLaundry: In BasementRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living Room, OtherHas a Fireplace
Gas & Electric
Electric: 200+ Amp ServiceHas Electric on Property
Windows, Doors, Floors & Walls
Window: Screens Some, Wood Work PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFencing: Fenced, PrivacyFoundation: Block, Crawl Space
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Street Only
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 1184 Square Feet

Days on Market

Cumulative Days on Market: 157

Property Information

Year Built
Year Built: 1917
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 490613109017000801

Price & Status

Price
List Price: $230,000
Status Change & Dates
Off Market Date: Wed Apr 24 2024Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Northern Heights
School Information
High School District: Indianapolis Public Schools

Building

Building Area
Building Area: 2445 Square Feet

HOA

No HOA

Lot Information

Lot Area: 2613.6 sqft

Miscellaneous

BasementMls Number: 21953567
Last check for updates: about 7 hours ago
Listed by Susan Webb, (317) 435-0996
Homes & Homesites
Bought with: Ally Hunckler, Maywright Property Co.
Source: MIBOR as distributed by MLS GRID, MLS#21953567

Price History for 534 E 40th St

DatePriceEventSource
11/23/2024$1,800ListingRemovedZillow Rentals
11/15/2024$1,800Listed For RentZillow Rentals
07/02/2024ListingRemovedZillow Rentals
06/27/2024$1,700Listed For RentZillow Rentals
06/03/2024$205,000Sold
MIBOR as distributed by MLS GRID #21953567
04/24/2024$230,000PendingMIBOR as distributed by MLS GRID #21953567
04/20/2024$230,000PriceChange
MIBOR as distributed by MLS GRID #21953567
04/04/2024$245,000PriceChange
MIBOR as distributed by MLS GRID #21953567
03/08/2024$249,000PriceChange
MIBOR as distributed by MLS GRID #21953567
01/28/2024$255,000PriceChange
MIBOR as distributed by MLS GRID #21953567
12/06/2023$264,900PriceChange
MIBOR as distributed by MLS GRID #21953567
11/20/2023$269,900Listed For SaleMIBOR as distributed by MLS GRID #21953567
03/18/2021$162,000Sold
MIBOR as distributed by MLS GRID #21729240
02/10/2021$164,999PendingMIBOR as distributed by MLS GRID #21729240
10/24/2020$164,999PriceChange
Agent Provided
10/09/2020$169,999PriceChange
Agent Provided
09/22/2020$175,000PriceChange
Agent Provided
08/22/2020$180,000PriceChange
Agent Provided
07/31/2020$190,000Listed For SaleAgent Provided
07/01/2016$1,075ListingRemovedN/A
03/18/2013$700ListingRemovedAgent Provided
12/22/2012$700Listed For RentAgent Provided
11/03/2012$750ListingRemovedN/A
09/04/2012$750Listed For RentN/A
07/25/2012$46,000Sold
N/A
10/30/2006$33,500Sold
MIBOR as distributed by MLS GRID #2658677
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Property Tax and Assessment

Year2025
Tax$2,042
Assessment$212,300
Home facts updated by county records

Comparable Sales for 534 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Single-Family Home
$185,000
06/06/25
4
2
3,006
0.05
Single-Family Home
$250,000
07/17/25
2
1
1,932
0.13
Single-Family Home
$220,000
07/17/25
2
1
1,602
0.32
Single-Family Home
$215,000
06/06/25
3
1
2,088
0.43
Single-Family Home
$175,000
03/03/26
3
1
2,364
0.40
Single-Family Home
$190,000
03/31/26
2
1
1,900
0.20
Single-Family Home
$215,000
09/29/25
3
2
2,268
0.40
Single-Family Home
$311,000
09/24/25
2
1
2,475
0.41
Single-Family Home
$258,000
10/29/25
2
1
2,112
0.59
Single-Family Home
$190,000
12/31/25
2
1
2,368

Nearby homes

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Assigned Schools

These are the assigned schools for 534 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 Meridian Kessler

At least 73 Trulia users voted on each feature.
  • 96 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 92 % Say yards are well-kept

  • 86 % Say parking is easy

  • 85 % Say it's walkable to restaurants

  • 83 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 77 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 73 % Say neighbors are friendly

  • 72 % Say car is needed

  • 68 % Say it's walkable to grocery stores

  • 67 % Say they plan to stay for at least 5 years

  • 63 % Say there are community events

  • 51 % Say there's wildlife

  • 46 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "cool people cool stuff. biscuits and gravy car club Saturdays. farmers market is pretty 😎 and the park is one of a kind. "
  • Trulia User
    "The school down the road has a French festival and the state fair grounds has events all year around."
  • Trulia User
    "Great places to walk. Lots of dog-friendly places to take your pup for dinner. Some of the yards can be a bit small."
  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
  • Trulia User
    "The streets in the area are busy so be cautious. Friendly neighborhood. Walk to grocery stores, restaurants and schools. Neighbors look after each other so you feel very safe. "
  • J J. O.
    "it's a dog friendly neighborhood. Dog's are well maintained and so are the lawns owners have control over their pets "
  • Ratay.torrey
    "There are lots of families with dogs around this area and many patios are dog friendly. People generally clean up after their dogs well, also."
  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
  • Karla
    "Saint Joan of Arc festival and Sausage Festival are great! Jazz fest at jazz kitchen is one of my favorite weekends."
  • Juliet M.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
  • Mbc3muller
    "Our dogs frolic in a fenced yard with 300 feet of treed shade. They run the fence with our neighbor dogs on either side. Lots of people walk their dogs on the side walk out front. We are a dog friendly area. Everyone picks up after their dogs, and most keep their pets out of the flowers. "
  • Jerry W. T. J.
    "Commute to downtown is painful for past 18 months, perhaps construction being finished will help. Red line bus could be the answer."
  • Paige O.
    "Close to everything. Clean. Diverse. Is in a safe bubble. Loving neighbors. A million parks near by. Ideal to raise a child here. "
  • Kyfoster
    "Accessible to parks, monon trail. Lots of dog friendly people in the area. Many restaurants are dog friendly as well especially in the summer time. "
  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
  • Jesse k.
    "The yards in this neighborhood typically aren't huge but we're close to the Monon trail, so a great place for walks."
  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
  • Ktspitler
    "Our neighborhood has a little bit of everything! Friendly, downtown feel, restaurants and shops in walking distance, old homes with lots of character...there is turkey not another neighborhood like it in the area. Schools are within walking distance and neighbors are always outside ready for a friendly chat!"
  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
  • Andy P.
    "I've lived in the area for almost four years, and there is no where else in Indy I'd rather be. You can walk to anything! Shopping, restaurants, green space, schools -- you name it! "
  • Mary
    "Houses in SoBro, near 46th & Winthrop are great for active families. Meridian Kessler little league is running almost every evening on the diamonds at the school for the deaf (on 46th). Across the street is Aresenal Park. On a sunny Sunday & often throughout the week there are bike polo matches, pick up basketball, ultimate frisbee, soccer, Indy Parks area for outdoor parties & the play area for kids, including a splash park in the summer! There's also development in nearby businesses along College, The Monon & 46th. Surely a great area to live. I've lived in the area for 3+ years now & haven't had any dangerous interactions with anyone. The crime seems to be isolated to the houses / apartments where folks are up to no good."
  • lbisser
    "Excellent schools - Center for Inquiry and Immaculate Heart of Mary in walking distance. Friendly neighborhood walking biking pet friendly - near Broad Ripple dog park, and The Riviera Club for fitness and swimming and social life"
  • pacificsky71
    "Wow, loved it. Traffic was a bit much but after a month I didnt even notice. Was so nice to live only a few minutes from down town and a few minutes from broadripple. Neightbors were best I have ever lived near. "

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Apartments for Rent

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Homes for sale near 534 E 40th St

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Off Market Homes Near 534 E 40th St

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Based on information submitted to the MLS GRID as of 2026-05-22 07:58:09 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 534 E 40th St

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534 E 40th St, Indianapolis, IN 46205 is a 2 bedroom, 1 bathroom, 2,445 sqft single-family home built in 1917. 534 E 40th St is located in Meridian Kessler, Indianapolis. This property is not currently available for sale. 534 E 40th St was last sold on Jun 3, 2024 for $205,000 (11% lower than the asking price of $230,000). The current Trulia Estimate for 534 E 40th St is $246,400.