5341 E 40th St, Indianapolis, IN 46226
OFF MARKET

5341 E 40th St
Indianapolis, IN 46226

Devington
  • Studio
  • 1 Bath
  • 1,453 sqft

$125,000

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $817/mo*
Refinance Your Home

$125,000

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $817/mo*
Refinance Your Home
Studio
1 Bath
1,453 sqft

Home Value

Trulia Estimate
$125K
Since last month
Decreased$2K (-1.5%)
Since last year
Decreased$8K (-6.1%)
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 +200% in the last 10 years
MonthEstimated value
2026
August 2026$126K
July 2026$128K
June 2026$133K
May 2026$148K
April 2026$139K
March 2026$138K
February 2026$134K
January 2026$131K
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
5426 Culver St, Indianapolis, IN
0.15
Single-Family Home
$179,000
05/04/26
3
1
1,728
4125 N Butler Ave, Indianapolis, IN
0.22
Single-Family Home
$140,000
12/11/25
3
1
1,075
5601 Glencoe St, Indianapolis, IN
0.33
Single-Family Home
$173,000
10/03/25
3
1
1,152
3938 N Grand Ave, Indianapolis, IN
0.23
Single-Family Home
$135,000
09/22/25
3
1
993
4055 N Grand Ave, Indianapolis, IN
0.23
Single-Family Home
$166,900
12/02/25
3
1
925
3911 N Emerson Ave, Indianapolis, IN
0.28
Single-Family Home
$50,000
04/09/26
3
1
1,017
3922 N Butler Ave, Indianapolis, IN
0.16
Single-Family Home
$123,500
02/27/26
4
2
1,589
3946 N Layman Ave, Indianapolis, IN
0.21
Single-Family Home
$115,000
01/06/26
3
1.5
1,200
4126 Flamingo West Dr, Indianapolis, IN
0.21
Single-Family Home
$220,000
07/21/26
4
2
1,520
3726 N Layman Ave, Indianapolis, IN
0.39
Single-Family Home
$136,000
07/15/26
3
1
2,080

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
5345 E 40th St, Indianapolis, IN 46226
0.01
$195,500
4
1.5
1,925
Off Market
5338 E 40th St, Indianapolis, IN 46226
0.03
$189,200
3
1.5
2,000
Off Market
3917 N Hawthorne Ln, Indianapolis, IN 46226
0.07
$201,500
3
2
1,107
Off Market
3922 N Irvington Ave, Indianapolis, IN 46226
0.07
$151,400
3
1
2,074
Off Market
5349 Culver St, Indianapolis, IN 46226
0.07
$176,400
3
1.5
2,009
Off Market
3937 N Irvington Ave, Indianapolis, IN 46226
0.08
$127,000
3
1.5
2,436
Recently Sold
3915 N Hawthorne Ln, Indianapolis, IN 46226
0.09
$382,999
3
2
-
For Sale
3934 N Whittier Pl, Indianapolis, IN 46226
0.14
$159,600
3
1.5
1,053
Off Market
3849 N Irvington Ave, Indianapolis, IN 46226
0.15
$189,900
3
1.5
2,494
Off Market
5425 Culver St, Indianapolis, IN 46226
0.14
$224,000
4
3
2,000
Off Market
4039 N Butler Ave, Indianapolis, IN 46226
0.14
$200,900
3
1
2,168
Off Market
3845 N Irvington Ave, Indianapolis, IN 46226
0.15
$239,900
4
2
2,376
Recently Sold

Local Information

  • Map ViewExplore the area around 5341 E 40th 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
1960
Living Area
1,453 sqft
Price/Sqft
$86

About this House

This single-family home is located at 5341 E 40th St, Indianapolis, IN. 5341 E 40th St is in the Devington neighborhood in Indianapolis, IN and in ZIP code 46226. This property has 1 bathroom and approximately 1,453 sqft of floor space. This property has a lot size of 7187 sqft and was built in 1960.
5341 E 40th St, Indianapolis, IN 46226 is a studio, 1 bathroom, 1,453 sqft single-family home in Devington, built in 1960. It is currently off market. The Trulia Estimate is $125,000, with a rent estimate of $1,317/month.

Home Details for 5341 E 40th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
Parking Space: 1

Property Information

Year Built
Year Built: 1960Year Updated: 1960
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7187 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$2,257
$116,600
Home facts updated by county records

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

Devington
See Local Highlights
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.
  • Zedrickturnbough1978
    "I’ve been here for 1 week and I’ve walked my dogs everyday. I’ve never felt unsafe and the neighborhood is very quiet."
    0
    Flag
  • 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."
    2
    Flag
  • Trulia User
    "It’s not a great area anymore my street has no sidewalks no bike trails no good street lights……….>………….."
    0
    Flag
  • 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."
    2
    Flag
  • 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."
    4
    Flag
  • Dbueno3
    "Some houses don’t have fences so make sure that you are aware of some stray animals in the neighborhood "
    1
    Flag
  • Dbueno3
    "You have to be careful with other stray dogs around the neighborhood. They don’t seem to be vicious but you never know."
    3
    Flag
  • 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!"
    26
    Flag
  • Chauncy R.
    "need car always traffic after 5pm. Public transportation sucks completely. 2 hour commute somewhere when relying on bus "
    1
    Flag
  • 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."
    25
    Flag
  • 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 "
    25
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5341 E 40th St

  • What is 5341 E 40th St estimated to be worth?
    Trulia's estimated value for 5341 E 40th St in Indianapolis, IN is $125,000.
  • 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.
  • What do residents say about the Devington neighborhood?
    Residents describe the Devington neighborhood in Indianapolis, IN as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Devington, Indianapolis.
  • How big is the lot at 5341 E 40th St?
    The lot at 5341 E 40th St in Indianapolis, IN is about 0.16 acres (7,187 sq ft).
  • Does 5341 E 40th St have parking?
    Yes, 5341 E 40th St in Indianapolis, IN has on-site parking.

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