540 E Miami St, Indianapolis, IN 46204
OFF MARKET

$375,100

Trulia Estimate
  • 2 Beds
  • 2.5 Baths

540 E Miami St, Indianapolis, IN 46204

Downtown
Est. Refi. Payment $2,313/mo*
Refinance Your Home

Home Value

Trulia Estimate
$375K
Since last month
Decreased$9K (-2.4%)
Since last year
Decreased$300 (-0.1%)
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 decreased by -18% in the last 10 years
MonthEstimated value
2026
August 2026$377K
August 2026$375K
July 2026$386K
June 2026$378K
2023

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
554 E Vermont St, Indianapolis, IN
0.18
Single-Family Home
$380,000
12/12/25
2
2.5
1,938
575 Lockerbie Cir S, Indianapolis, IN
0.18
Single-Family Home
$350,000
06/17/26
2
1.5
1,728
425 N College Ave, Indianapolis, IN
0.23
Single-Family Home
$380,000
06/18/26
2
2.5
2,433
633 Lockerbie St, Indianapolis, IN
0.11
Single-Family Home
$557,000
05/22/26
3
2
1,722
337 N Park Ave, Indianapolis, IN
0.13
Single-Family Home
$700,000
10/09/25
3
2.5
2,474
358 E Ohio St, Indianapolis, IN
0.20
Single-Family Home
$525,000
08/03/26
2
3
2,280
610 N Park Ave, Indianapolis, IN
0.35
Single-Family Home
$820,000
09/16/25
2
2.5
3,428
525 Fynn Pl, Indianapolis, IN
0.36
Single-Family Home
$585,000
01/14/26
2
2.5
2,505
438 E Vermont St, Indianapolis, IN
0.18
Single-Family Home
$1,175,000
05/05/26
3
4
6,188
354 E Ohio St, Indianapolis, IN
0.21
Single-Family Home
$530,000
06/29/26
3
3.5
2,280

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
521 Allard Pl, Indianapolis, IN 46204
0.02
$413,300
2
2.5
1,406
Off Market
523 Allard Pl, Indianapolis, IN 46204
0.02
$420,000
2
2.5
1,476
For Sale
525 Allard Pl #7, Indianapolis, IN 46204
0.02
$425,000
2
2.5
1,476
For Sale
545 Allard Pl #545, Indianapolis, IN 46204
0.01
$479,700
2
2.5
1,799
Off Market
539 Allard Pl, Indianapolis, IN 46204
0.02
$459,200
2
2.5
1,799
Off Market
256 Park Ave, Indianapolis, IN 46204
0.01
$515,300
2
2.5
2,661
Off Market
256 N Park Ave, Indianapolis, IN 46202
0.01
$636,700
3
2.5
2,811
Off Market
530 Allard Pl, Indianapolis, IN 46202
0.04
$510,000
2
2.5
1,904
Recently Sold
542 Allard Pl, Indianapolis, IN 46204
0.02
$430,700
2
2.5
1,681
Off Market
450 E Ohio St #214, Indianapolis, IN 46204
0.10
$310,900
2
2
1,169
Off Market
525 New York St #525, Indianapolis, IN 46202
0.04
$534,000
2
2.5
2,747
Off Market
450 E OHIO ST #104, INDIANAPOLIS, IN 46204
0.10
$260,500
1
1.5
918
Off Market

Local Information

  • Map ViewExplore the area around 540 E Miami St.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2007
Garage

About this House

This single-family home is located at 540 E Miami St, Indianapolis, IN. 540 E Miami St is in the Downtown neighborhood in Indianapolis, IN and in ZIP code 46204. This property has 2 bedrooms and 2 bathrooms. This property was built in 2007.
540 E Miami St, Indianapolis, IN 46204 is a 2 bedroom, 2 bathroom single-family home in Downtown, built in 2007. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $375,100, with a rent estimate of $1,603/month.

Home Details for 540 E Miami St

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 4Floors: Laminate
Interior Details
Number of Rooms: 6Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master BathCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalRefrigerator
Fireplace & Spa
FireplaceJetted Bath Tub

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Wood, BrickPatioSprinkler System
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Single Family Home

Market trends in Downtown

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$387K
Sale-to-List Price
—
Price per sq ft
$238
Available listings
140
7MoM

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

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

What Locals Say about Downtown

At least 196 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 83 % Say it's walkable to restaurants

  • 78 % Say streets are well-lit

  • 75 % Say it's walkable to grocery stores

  • 70 % Say parking is easy

  • 66 % Say there's holiday spirit

  • 65 % Say people would walk alone at night

  • 64 % Say car is needed

  • 48 % Say yards are well-kept

  • 46 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 34 % Say there are community events

  • 34 % Say it's quiet

  • 33 % Say kids play outside

  • 24 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Wdjx6xjvkg
    "Dog parks with shaded area"
    0
    Flag
  • Trulia User
    "They would like that it’s close to central downtown but wouldn’t like the neighborhood and that there’s not enough living space for dogs and their owners "
    8
    Flag
  • Trulia User
    "Great place to live. Fantastic atmosphere. Pleasant neighborhoods with lively character. I fully recommend living here."
    1
    Flag
  • Trulia User
    "I love this neighborhood! Lots of shops, restaurants and things to do. Neighbors are very friendly and it is a very safe place. "
    1
    Flag
  • Trulia User
    "everyone tries to look out for each other and the area is a really great area for schools and hang outs"
    1
    Flag
  • Trulia User
    "Dog owners would like to walk their dogs on the canal. Dog owners are really great here. Its better to have a dog here"
    0
    Flag
  • Amanda
    "No dog parks. Most dogs in the green spaces are without a leash. Problematic for children and smaller dogs. "
    20
    Flag
  • Leslie-ann J.
    "The Red Line is front of my building and there are other bus lines that are nearby. Commuting is not an issue for the area of downtown that I live in."
    10
    Flag
  • Katrina K.
    "It is a great neighborhood with a beautiful cultural trail. Close grocery stores and great spaces to hangout "
    7
    Flag
  • Nicci T.
    "This neighborhood is unique because Its convenient. And it’s right in the middle of everything . It’s a nice place to live "
    10
    Flag
  • Theschraws
    "This is a dog friendly city however at the Lux dogs are not allowed . The axis has a dog friendly atmosphere and it’s own dog park! "
    8
    Flag
  • Katherineonigiri
    "Great walking and biking to downtown jobs. On cultural trail with bike share available. Easy highway access. "
    5
    Flag
  • Michelle S.
    "they're going to get sandwiches in our neighborhood in the area has great parks and great people I love the downtown area"
    8
    Flag
  • Kathleen B.
    "love this neighborhood. been here almost two years. friendly enough. folks walking their dogs. not great regarding parking tho."
    6
    Flag
  • E0
    "Very few families live in my neighborhood . It’s great for single people and pet owners and the walk ability is great "
    3
    Flag
  • Kathleen B.
    "I've lived here for 1 1/2yrs. its a decent neighborhood. kinda congested as far as parking. living next to the firehouse isn't too bad either. not as bad as I thought."
    6
    Flag
  • Joelly J.
    "My community is unique because the apartment buildings are built well, people are friendly, our neighborhood is very well lit, our community amenities are 24/7 including the pool and hot tub. "
    3
    Flag
  • Kiarahparker84
    "Living downtown is fun, exciting, and there is ALWAYS something to do‼ There are countless restaurants to dine in or carry out. The Canal is great and beautiful at night. The Circle Center Mall is a great place to shop. I was born and raised in Indianapolis, so I've lived pretty much all over Indy. Downtown has kept me longer than any other side of town. I LOVE MY HOMETOWN 😊 I'M A CITY GIRL‼‼🏢🏦🏨⛪🏛🏙🌃"
    3
    Flag
  • Kathleenlbluestein
    "great area for fireworks🎆 see lots of folks with their pets walking, jogging thru town. great bus services, on great schedule. easy commute."
    2
    Flag
  • Kathleen B.
    "nice neighborhood. not a lot of noise not even in the spring and summer months not crime free but not a terribly scary place to live. "
    1
    Flag
  • Kathleen B.
    "basically stay. safe. you never know what's going on. this neighborhood is fairly safe. its pretty cool."
    0
    Flag
  • Dawn M. W.
    "there is so much to do within walking distance eating shopping exploring ect and it's right on the bus line and close to the highway it's no more than a 20 minute commute no matter where you are headed "
    3
    Flag
  • Merriam A.
    "Art Squared. Fountain square music festival. First Friday art shows. Real Talk. Chreece. Pioneer Dj nights. "
    0
    Flag
  • Jamie C.
    "Love living downtown however need more conveniences, parking is at a premium and having guests in almost impossible."
    3
    Flag
  • Mas3cf
    "Amazing location, lots of cool historic homes. Convenient to lots of great restaurants, major centers of employment, and interstates."
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 540 E Miami St

  • What is 540 E Miami St estimated to be worth?
    Trulia's estimated value for 540 E Miami St in Indianapolis, IN is $375,100.
  • 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 $387K.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Downtown, Indianapolis.
  • Does 540 E Miami St have air conditioning?
    Yes, 540 E Miami St in Indianapolis, IN has air conditioning.
  • Does 540 E Miami St have laundry facilities?
    Yes, 540 E Miami St in Indianapolis, IN has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Off Market Homes Near 540 E Miami St

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