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

$240,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 2,445 sqft

534 E 40th St, Indianapolis, IN 46205

Meridian Kessler
Est. Refi. Payment $1,428/mo*
Refinance Your Home
Currently Off Market - Sold Jun 3, 2024 for $205,000

Home Value

Trulia Estimate
$241K
Since last month
Decreased$2K (-0.9%)
Since last year
Increased$31K (+14.9%)
Since last sale
Increased$36K (+17.5%)
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 +166% in the last 10 years
MonthEstimated value
2026
August 2026$241K
August 2026$240K
July 2026$243K
June 2026$242K
May 2026$244K
April 2026$243K
March 2026$238K
February 2026$235K
January 2026$221K
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
920 E 42nd St, Indianapolis, IN
0.43
Single-Family Home
$175,000
03/03/26
3
1
2,364
3923 Winthrop Ave, Indianapolis, IN
0.40
Single-Family Home
$190,000
03/31/26
2
1
1,900
4340 Guilford Ave, Indianapolis, IN
0.53
Single-Family Home
$210,000
08/11/26
2
1
2,420
4140 N College Ave, Indianapolis, IN
0.20
Single-Family Home
$215,000
09/29/25
4
3.5
2,268
4246 Carrollton Ave, Indianapolis, IN
0.40
Single-Family Home
$311,000
09/24/25
2
1
2,475
923 E 42nd St, Indianapolis, IN
0.41
Single-Family Home
$258,000
10/29/25
2
1
2,112
3559 Carrollton Ave, Indianapolis, IN
0.59
Single-Family Home
$190,000
12/31/25
2
1
2,368
4160 Guilford Ave, Indianapolis, IN
0.34
Single-Family Home
$200,000
11/21/25
3
1
2,769
4322 Carrollton Ave, Indianapolis, IN
0.47
Single-Family Home
$265,000
05/04/26
2
1
2,196

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
4015 N Ruckle St, Indianapolis, IN 46205
0.02
$547,000
3
1.5
2,568
Off Market
4024 N Park Ave, Indianapolis, IN 46205
0.04
$475,000
4
2.5
3,304
Recently Sold
4025 Ruckle St, Indianapolis, IN 46205
0.04
$490,000
3
2
2,708
Recently Sold
551 E 40th St, Indianapolis, IN 46205
0.03
$378,200
2
1
2,448
Off Market
3969 Ruckle St, Indianapolis, IN 46205
0.03
$389,900
3
2.5
2,776
For Sale
4022 N Ruckle St, Indianapolis, IN 46205
0.05
$519,400
4
1.5
2,986
Off Market
3967 N Park Ave, Indianapolis, IN 46205
0.05
$251,000
2
1
1,932
Off Market
4046 N Park Ave, Indianapolis, IN 46205
0.07
$464,700
3
1.5
2,808
Off Market
3960 N Park Ave, Indianapolis, IN 46205
0.05
$422,700
4
1.5
2,534
Off Market
3957 N Ruckle St, Indianapolis, IN 46205
0.04
$728,000
4
3.5
3,127
Off Market
3957 Ruckle St, Indianapolis, IN 46205
0.04
$496,200
4
3.5
3,127
Off Market

Local Information

  • Map ViewExplore the area around 534 E 40th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1917
2,445 sqft
$99/sqft
Open Parking

About this House

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.
534 E 40th St, Indianapolis, IN 46205 is a 2 bedroom, 1 bathroom, 2,445 sqft single-family home in Meridian Kessler, built in 1917. It last sold for $205,000 on Jun 3, 2024 (11% below the $230,000 asking price). More recently, it was listed as a rental in June 2026 with an asking price of $1,950 per month. That rental listing was removed on July 17, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $240,900, with a rent estimate of $1,358/month.
Last check for updates: about 17 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

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

Media

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

Price and Tax history

DateEventPrice
Jul 17, 2026
Source: Zillow Rentals
ListingRemoved
$1,800
Jul 6, 2026
Source: Zillow Rentals
PriceChange
$1,800
Price decreased by 4%
Jul 1, 2026
Source: Zillow Rentals
PriceChange
$1,875
Price decreased by 1%
Jun 30, 2026
Source: Zillow Rentals
PriceChange
$1,900
Price decreased by 3%
Jun 26, 2026
Source: Zillow Rentals
Listed For Rent
$1,950

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

Meridian Kessler
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Meridian Kessler

At least 74 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

  • 84 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 76 % Say streets are well-lit

  • 76 % Say people would walk alone at night

  • 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. "
    0
    Flag
  • Trulia User
    "The school down the road has a French festival and the state fair grounds has events all year around."
    0
    Flag
  • 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."
    0
    Flag
  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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 "
    0
    Flag
  • 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."
    0
    Flag
  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
    0
    Flag
  • Karla
    "Saint Joan of Arc festival and Sausage Festival are great! Jazz fest at jazz kitchen is one of my favorite weekends."
    2
    Flag
  • Juliet M.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
    0
    Flag
  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
    1
    Flag
  • 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. "
    1
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    Flag
  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
    0
    Flag
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
    0
    Flag
  • 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."
    0
    Flag
  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
    Flag
  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
    0
    Flag
  • 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!"
    0
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  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
    0
    Flag
  • 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! "
    0
    Flag
  • 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."
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  • 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"
    0
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  • 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. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-06 01:03:20 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

Frequently asked questions about 534 E 40th St

  • What is 534 E 40th St estimated to be worth?
    Trulia's estimated value for 534 E 40th St in Indianapolis, IN is $240,900.
  • What is the price history for 534 E 40th St?
    534 E 40th St in Indianapolis, IN last sold for $205,000 in June 2024.
  • 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 534 E 40th St have air conditioning?
    Yes, 534 E 40th St in Indianapolis, IN has air conditioning.
  • Does 534 E 40th St have laundry facilities?
    Yes, 534 E 40th St in Indianapolis, IN has laundry facilities.

Explore by feature - Pet Friendly

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Off Market Homes Near 534 E 40th St

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