5362 E  40th St, Indianapolis, IN 46226
OFF MARKET

5362 E 40th St
Indianapolis, IN 46226

Devington
  • 3 Beds
  • 2 Baths
  • 1,850 sqft

$161,400

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $1,021/mo*

$161,400

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $1,021/mo*
3 Beds
2 Baths
1,850 sqft

Local Information

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

Description

317-537-7249

Freshly updated 3 bedrooms 1.5 bath, central air, single family home near N Arlington and E 40th St. Gas heat with full basement and a 2-car detached garage. Back deck available for some rest and recreation!

$850 p/month, $850 Sec deposit, $35 p/adult tenant application fee (non-refundable).

See a video of this home(cut and paste link)! : https
www.youtube.com/watch?v=fC49f6sX6VM

NOTE: Many basements seep in heavy rains. For this reason, we recommend you only use basements for storage and keep perishable items in waterproof containers.

Animals subject to owner approval. Additional monthly fees apply per animal as well as a $150 refundable security deposit. * No Rottweilers, pit bulls (staffordshire terriers), or pitbull mixes. Sorry, we love dogs too, but the insurance companies don't.

What are we looking for in a tenant? You need to have verifiable GROSS income of $2550 per month. This is BEFORE taxes are taken out. We complete a background check and a credit check. We are expecting that any bills you have, you are currently paying on them. If you have questions or want to discuss anything you think we will find, please ask BEFORE you apply.
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.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 5362 E 40th St

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Recreation Room
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1957Year Updated: 1957
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6577 sqft

Price History for 5362 E 40th St

DatePriceEventSource
05/01/2019$850ListingRemovedAgent Provided
04/11/2019$850Listed For RentAgent Provided
03/04/2019$52,500Sold
MIBOR as distributed by MLS GRID #21615231
02/08/2019$68,000PendingAgent Provided
01/19/2019$68,000Listed For SaleAgent Provided

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58K
MoM
Sale-to-List Price
98.7%
0.4%
MoM
Price per sq ft
$141
$7
MoM
Available listings
3812
187
MoM
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Property Tax and Assessment

Year2025
Tax$3,401
Assessment$180,000
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,678/mo

Homes for rent near 5362 E 40th St

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Comparable Sales for 5362 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$88,000
03/27/26
3
1.5
2,168
0.18
Single-Family Home
$115,000
01/06/26
3
1.5
1,200
0.10
Single-Family Home
$179,000
05/04/26
3
1
1,728
0.07
Single-Family Home
$175,000
09/16/25
3
1.5
2,009
0.21
Single-Family Home
$123,500
02/27/26
4
2
1,589
0.09
Single-Family Home
$150,000
07/17/25
3
1
2,074
0.23
Single-Family Home
$149,000
07/22/25
3
1.5
1,329
0.43
Single-Family Home
$130,000
04/24/26
3
1.5
2,196
0.21
Single-Family Home
$99,900
06/26/25
3
1
1,287
0.36
Single-Family Home
$162,500
09/05/25
3
1.5
2,436

Nearby homes

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Assigned Schools

These are the assigned schools for 5362 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.
  • 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."
  • 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 "

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Homes for sale near 5362 E 40th St

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Off Market Homes Near 5362 E 40th St

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5362 E 40th St, Indianapolis, IN 46226 is a 3 bedroom, 2 bathroom, 1,850 sqft single-family home built in 1957. 5362 E 40th St is located in Devington, Indianapolis. This property is not currently available for sale. 5362 E 40th St was last sold on Mar 4, 2019 for $52,500. The current Trulia Estimate for 5362 E 40th St is $161,400.