5344 E  40th St, Indianapolis, IN 46226
Property image
Property image
OFF MARKET

$148,000

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,000 sqft

5344 E 40th St, Indianapolis, IN 46226

Devington
Est. Refi. Payment $950/mo*
Refinance Your Home
Currently Off Market - Sold Oct 15, 2024 for $126,000

Home Value

Trulia Estimate
$148K
Since last month
Decreased$600 (-0.4%)
Since last year
Decreased$14K (-8.6%)
Since last sale
Increased$22K (+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 +326% in the last 10 years
MonthEstimated value
2026
August 2026$148K
July 2026$149K
June 2026$154K
May 2026$160K
April 2026$158K
March 2026$156K
February 2026$156K
January 2026$151K
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
0.19
Single-Family Home
$140,000
12/11/25
3
1
1,075
0.24
Single-Family Home
$135,000
09/22/25
3
1
993
0.13
Single-Family Home
$179,000
05/04/26
3
1
1,728
0.21
Single-Family Home
$166,900
12/02/25
3
1
925
0.32
Single-Family Home
$173,000
10/03/25
3
1
1,152
0.21
Single-Family Home
$147,000
07/13/26
3
1.5
1,056
0.44
Single-Family Home
$107,000
05/26/26
3
1
1,080
0.22
Single-Family Home
$115,000
01/06/26
3
1.5
1,200
0.27
Single-Family Home
$144,900
06/29/26
3
1.5
960
0.39
Single-Family Home
$120,000
01/21/26
4
1
1,104

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
0.05
$149,900
3
1.5
2,209
For Sale
0.04
$175,700
3
1.5
2,009
Off Market
0.01
$189,200
3
1.5
2,000
Off Market
0.03
$193,500
4
1.5
1,925
Off Market
0.12
$199,700
3
1
2,168
Off Market
0.10
$127,000
3
1.5
2,436
Recently Sold
0.10
$151,000
3
1
2,074
Off Market
0.13
$179,000
3
1
1,728
Recently Sold
0.10
$199,500
3
2
1,107
Off Market
0.13
$218,700
4
3
2,000
Off Market
0.14
$144,800
4
1.5
1,152
Off Market
0.15
$150,300
3
1
1,952
Off Market

Local Information

  • Map ViewExplore the area around 5344 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
1959
Living Area
1,000 sqft
Price/Sqft
$148

About this House

LAWRENCE - 3 BEDROOM W/BASEMENT AVAILABLE NOW! Fully renovated brick ranch home with natural hardwood flooring throughout, fresh two-toned paint, updated kitchen and bath. Mini-blinds included. Privacy fence and updated landscaping. Professionally Managed.
5344 E 40th St, Indianapolis, IN 46226 is a 3 bedroom, 1 bathroom, 1,000 sqft single-family home in Devington, built in 1959. It last sold for $126,000 on Oct 15, 2024. More recently, it was listed as a rental in June 2017 with an asking price of $775 per month. That rental listing was removed on July 18, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $148,000, with a rent estimate of $1,196/month.

Home Details for 5344 E 40th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1959Year Updated: 1959
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6446 sqft

Price and Tax history

DateEventPrice
Oct 15, 2024
Source: N/A
Sold
$126,000
Dec 4, 2017
Source: N/A
Sold
$69,900
Sep 6, 2017
Source: N/A
Sold
$69,900
Jul 18, 2017
Source: Agent Provided
ListingRemoved
$775
Jun 17, 2017
Source: Agent Provided
Listed For Rent
$775

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Around this home

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.
  • Zedrickturnbough1978
    "Iโ€™ve been here for 1 week and Iโ€™ve walked my dogs everyday. Iโ€™ve never felt unsafe and the neighborhood is very quiet."
  • Cherie Ledford
    "Yeah, we have movie night we look out for each of the neighbors I have a dog heโ€™s a Yorky. He weighs 4 pounds he wonโ€™t get any bigger and thatโ€™s the only animal I have I lived in Lawrence before and liked it."
  • Trulia User
    "Itโ€™s not a great area anymore my street has no sidewalks no bike trails no good street lightsโ€ฆโ€ฆโ€ฆ.>โ€ฆโ€ฆโ€ฆโ€ฆ.."
  • 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 donโ€™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 donโ€™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 Iโ€™m at work and brings them over."
  • Reesecupsmith
    "Iโ€™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

Frequently asked questions about 5344 E 40th St

  • What is 5344 E 40th St estimated to be worth?
    Trulia's estimated value for 5344 E 40th St in Indianapolis, IN is $148,000.
  • What is the price history for 5344 E 40th St?
    5344 E 40th St in Indianapolis, IN last sold for $126,000 in October 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 5344 E 40th St have air conditioning?
    Yes, 5344 E 40th St in Indianapolis, IN has air conditioning.
  • How big is the lot at 5344 E 40th St?
    The lot at 5344 E 40th St in Indianapolis, IN is about 0.15 acres (6,446 sq ft).

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