Is Meridian Kessler, Indianapolis, IN dog-friendly?

As of early 2026, 96% of users say it's dog friendly

Does Meridian Kessler, Indianapolis, IN have sidewalks?

As of early 2026, 94% of users say there are sidewalks

Are yards well-kept in Meridian Kessler, Indianapolis, IN?

As of early 2026, 92% of users say yards are well-kept

Is parking easy in Meridian Kessler, Indianapolis, IN?

As of early 2026, 86% of users say parking is easy

Is Meridian Kessler, Indianapolis, IN walkable to restaurants?

As of early 2026, 85% of users say it's walkable to restaurants

Does Meridian Kessler, Indianapolis, IN show holiday spirit?

As of early 2026, 83% of users say there's holiday spirit

Do kids play outside in Meridian Kessler, Indianapolis, IN?

As of early 2026, 82% of users say kids play outside

Would people walk alone at night in Meridian Kessler, Indianapolis, IN?

As of early 2026, 77% of users say people would walk alone at night

Are the streets well-lit in Meridian Kessler, Indianapolis, IN?

As of early 2026, 76% of users say streets are well-lit

Are neighbors friendly in Meridian Kessler, Indianapolis, IN?

As of early 2026, 73% of users say neighbors are friendly

Is a car needed in Meridian Kessler, Indianapolis, IN?

As of early 2026, 72% of users say car is needed

Is Meridian Kessler, Indianapolis, IN walkable to grocery stores?

As of early 2026, 68% of users say it's walkable to grocery stores

Do residents of Meridian Kessler, Indianapolis, IN plan to stay at least 5 years?

As of early 2026, 67% of users say they plan to stay for at least 5 years

Are there community events in Meridian Kessler, Indianapolis, IN?

As of early 2026, 63% of users say there are community events

Is there wildlife in Meridian Kessler, Indianapolis, IN?

As of early 2026, 51% of users say there's wildlife

Is Meridian Kessler, Indianapolis, IN quiet?

As of early 2026, 46% of users say it's quiet

FOR SALE

3D VIEW

551 E 40th St
Indianapolis, IN 46205

Meridian Kessler

4 Beds
2 Baths
3,006 sqft

$367,500

$375,000

Est. Mortgage $2,181/mo*

Get Pre-Qualified

$367,500

$375,000

Est. Mortgage $2,181/mo*

Get Pre-Qualified

4 Beds

2 Baths

3,006 sqft

Local Information

-- mins to

Commute Destination

Description

Welcome to 551 E 40th Street, a beautifully renovated home in the heart of Indianapolis' desirable Midtown area. Originally built in 1915, this home perfectly blends historic character with modern updates. Step inside to discover a bright and open floor plan featuring four spacious bedrooms and two full bathrooms, ideal for today's lifestyle. The brand-new kitchen shines with modern cabinetry, sleek countertops, and all new appliances, creating the perfect space for cooking and entertaining. Both bathrooms have been completely updated with stylish finishes and contemporary fixtures. Throughout the home, you'll find refinished hardwood floors, adding warmth and timeless charm, complemented by new windows that bring in abundant natural light. A new roof and siding ensures peace of mind for years to come. Every detail has been thoughtfully designed to offer comfort, functionality, and style. Conveniently located near downtown Indianapolis, popular restaurants, shopping, and parks, this home is move-in ready and waiting for its next owner to enjoy all it has to offer.

Home Highlights

Parking

No Info

Outdoor

Porch

A/C

Heating & Cooling

HOA

None

Price/Sqft

$122

Listed

180+ days ago

Home Details for 551 E 40th St

Active Status
MLS Status: Active

Interior Features
Interior Details Basement: UnfinishedNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Living Room
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout Living Area: 3006 Square Feet
Appliances & Utilities Appliances: Other, RefrigeratorLaundry: In BasementRefrigerator
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa Number of Fireplaces: 1Fireplace: Non Functional, Living RoomHas a Fireplace
Gas & Electric Electric: 100 Amp Service
Levels, Entrance, & Accessibility Stories: 1Levels: One and One Half

Exterior Features
Exterior Home Features Patio / Porch: Covered, PorchFoundation: Brick/Mortar
Parking & Garage No CarportNo GarageNo Attached GarageParking: On Street
Farm & Range Horse Amenities: None

Days on Market
Cumulative Days on Market: 172Days on Market: 180+

Property Information
Year Built Year Built: 1915
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building Construction Materials: Brick, Wood SidingNot a New ConstructionNot Attached Property
Property Information Parcel Number: 490613125108000801

Price & Status
Price List Price: $367,500Price Per Sqft: $122
Status Change & Dates Possession Timing: Negotiable

Media
Virtual TourSee Virtual Tour

Location
Direction & Address City: IndianapolisCommunity: Ardmore
School Information Jr High / Middle School: James Whitcomb Riley School 43High School: Arsenal Technical High SchoolHigh School District: Indianapolis Public Schools

Agent Information
Listing Agent Listing ID: 22071469

Building
Building Area Building Area: 3006 Square Feet

HOA
No HOA

Lot Information
Lot Area: 3920.4 sqft

Miscellaneous
BasementMls Number: 22071469Attic: Permanent Stairs

Last check for updates: about 6 hours ago

Listing Provided by: Andrew Hehman

eXp Realty LLC

Alex Montagano

eXp Realty LLC

Source: MIBOR as distributed by MLS GRID, MLS#22071469

Also Listed on MIBOR as distributed by MLS GRID, eXp Realty.

Price History for 551 E 40th St

Date	Price	Event	Source
05/08/2026	$2,900	Listed For Rent	Zillow Rentals

04/01/2026	$367,500	PriceChange	MIBOR as distributed by MLS GRID #22071469
Price Change $7,500 (-2%)
03/23/2026	$375,000	PendingToActive	MIBOR as distributed by MLS GRID #22071469

03/16/2026	$375,000	Pending	MIBOR as distributed by MLS GRID #22071469

01/14/2026	$375,000	PriceChange	MIBOR as distributed by MLS GRID #22071469
Price Change $9,900 (-3%)
01/06/2026	$384,900	PriceChange	MIBOR as distributed by MLS GRID #22071469
Price Change $7,100 (-2%)
12/04/2025	$392,000	PriceChange	MIBOR as distributed by MLS GRID #22071469
Price Change $3,000 (-1%)
11/19/2025	$395,000	PriceChange	MIBOR as distributed by MLS GRID #22071469
Price Change $4,900 (-1%)
11/11/2025	$399,900	PriceChange	MIBOR as distributed by MLS GRID #22071469
Price Change $15,100 (-4%)
11/04/2025	$415,000	Listed For Sale	MIBOR as distributed by MLS GRID #22071469

06/06/2025	$185,000	Sold	MIBOR as distributed by MLS GRID #22035501
Recording Date 06/06/2025 County Transfer Tax N/A Total Transfer Tax N/A
05/17/2025	$225,000	Pending	MIBOR as distributed by MLS GRID #22035501

05/15/2025	$225,000	PendingToActive	MIBOR as distributed by MLS GRID #22035501

05/12/2025	$225,000	Pending	MIBOR as distributed by MLS GRID #22035501

05/06/2025	$225,000	PriceChange	MIBOR as distributed by MLS GRID #22035501
Price Change $25,000 (-10%)
05/04/2025	$250,000	Pending	MIBOR as distributed by MLS GRID #22035501

04/30/2025	$250,000	Listed For Sale	MIBOR as distributed by MLS GRID #22035501

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Property Tax and Assessment

Year	2025
Tax	$2,358
Assessment	$224,200

Home facts updated by county records

Comparable Sales for 551 E 40th St

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
3758 Broadway St, Indianapolis, IN	0.28	Single-Family Home	$210,000	06/26/25	4	1.5	2,542
4029 Broadway St, Indianapolis, IN	0.12	Single-Family Home	$352,000	10/08/25	4	1.5	3,729
4140 N College Ave, Indianapolis, IN	0.21	Single-Family Home	$215,000	09/29/25	3	2	2,268
3922 N Park Ave, Indianapolis, IN	0.08	Single-Family Home	$395,000	03/16/26	3	1.5	2,996
4046 N Park Ave, Indianapolis, IN	0.09	Single-Family Home	$462,000	07/31/25	3	1.5	2,808
413 E 40th St, Indianapolis, IN	0.13	Single-Family Home	$408,000	07/03/25	3	2.5	3,264
4066 Broadway St, Indianapolis, IN	0.14	Single-Family Home	$405,000	03/06/26	3	1.5	2,701
609 E 39th St, Indianapolis, IN	0.13	Single-Family Home	$487,000	08/01/25	4	3	3,290
4025 Ruckle St, Indianapolis, IN	0.07	Single-Family Home	$490,000	05/01/26	3	2	2,708

Assigned Schools

These are the assigned schools for 551 E 40th St.

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

42 Homes For You
Buy: $130k - $1.45m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Meridian Kessler

At least 73 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
83 % Say there's holiday spirit
82 % Say kids play outside
77 % Say people would walk alone at night
76 % Say streets are well-lit
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

Learn more about our methodology.

Trulia User
Resident
3y ago
"cool people cool stuff. biscuits and gravy car club Saturdays. farmers market is pretty 😎 and the park is one of a kind. "
0
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Trulia User
Resident
3y ago
"The school down the road has a French festival and the state fair grounds has events all year around."
0
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Trulia User
Resident
3y ago
"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
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Trulia User
Resident
4y ago
"I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
0
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Trulia User
Resident
4y ago
"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.
Resident
5y ago
"it's a dog friendly neighborhood. Dog's are well maintained and so are the lawns owners have control over their pets "
0
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Ratay.torrey
Resident
5y ago
"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
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Meredithangner
Resident
6y ago
"Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
0
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Karla
Resident
6y ago
"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.
Resident
6y ago
"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
Resident
6y ago
"Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
1
Flag
Mbc3muller
Resident
6y ago
"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.
Resident
6y ago
"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.
Resident
7y ago
"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
Resident
7y ago
"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.
Resident
7y ago
"A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
0
Flag
Caitlyn R.
Resident
7y ago
"Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
0
Flag
Jesse k.
Resident
7y ago
"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
Resident
7y ago
"good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
0
Flag
Gabriel H.
Resident
7y ago
"Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
0
Flag
Ktspitler
Resident
7y ago
"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
Resident
7y ago
"walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
0
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Andy P.
12y ago
"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
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Mary
12y ago
"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."
0
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lbisser
12y ago
"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
Flag
pacificsky71
12y ago
"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
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LGBTQ Local Legal Protections

Additional Cost

Andrew Hehman, eXp Realty LLC

Based on information submitted to the MLS GRID as of 2026-05-09 18:03:06 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

551 E 40th St, Indianapolis, IN 46205 is a 4 bedroom, 2 bathroom, 3,006 sqft single-family home built in 1915. 551 E 40th St is located in Meridian Kessler, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Nov 4, 2025. The MLS # for this home is MLS# 22071469.

551 E 40th St
Indianapolis, IN 46205

$367,500

$367,500

Local Information