5530 E 40th St, Indianapolis, IN 46226
Property image
Property image
OFF MARKET

$174,400

Trulia Estimate
  • Studio
  • 1 Bath
  • 1,080 sqft

5530 E 40th St, Indianapolis, IN 46226

Devington
Est. Refi. Payment $1,097/mo*
Refinance Your Home
Currently Off Market - Sold Mar 27, 2007 for $87,500

Home Value

Trulia Estimate
$174K
Since last month
Decreased$2K (-1.2%)
Since last year
Increased$11K (+6.5%)
Since last sale
Increased$87K (+99.3%)
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 +225% in the last 10 years
MonthEstimated value
2026
August 2026$174K
July 2026$177K
June 2026$179K
May 2026$179K
April 2026$168K
March 2026$162K
February 2026$162K
January 2026$156K
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
3904 N Graham Ave, Indianapolis, IN
0.20
Single-Family Home
$107,000
05/26/26
3
1
1,080
5601 Glencoe St, Indianapolis, IN
0.08
Single-Family Home
$173,000
10/03/25
3
1
1,152
3946 N Layman Ave, Indianapolis, IN
0.08
Single-Family Home
$115,000
01/06/26
3
1.5
1,200
4040 N Ritter Ave, Indianapolis, IN
0.13
Single-Family Home
$147,000
07/13/26
3
1.5
1,056
5426 Culver St, Indianapolis, IN
0.15
Single-Family Home
$179,000
05/04/26
3
1
1,728
3715 N Irvington Ave, Indianapolis, IN
0.42
Single-Family Home
$120,000
01/21/26
4
1
1,104
5606 Culver St, Indianapolis, IN
0.09
Single-Family Home
$165,000
07/06/26
3
1.5
1,248
4125 N Butler Ave, Indianapolis, IN
0.41
Single-Family Home
$140,000
12/11/25
3
1
1,075
4209 Lesley Ave, Indianapolis, IN
0.29
Single-Family Home
$100,000
07/23/26
3
1.5
1,025
4356 N Audubon Rd, Indianapolis, IN
0.44
Single-Family Home
$119,714
10/31/25
3
1
1,170

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
5519 Glencoe St, Indianapolis, IN 46226
0.08
$145,000
3
1
864
For Sale
5601 Glencoe St, Indianapolis, IN 46226
0.08
-
3
1
1,152
Off Market
5605 Glencoe St, Indianapolis, IN 46226
0.09
-
4
1.5
1,056
Off Market
3954 N Lesley Ave, Indianapolis, IN 46226
0.04
$117,400
2
1
1,008
Off Market
5606 Culver St, Indianapolis, IN 46226
0.09
$165,000
3
1.5
1,248
Recently Sold
5618 E 40th St, Indianapolis, IN 46226
0.07
$190,600
3
1.5
2,160
Off Market
5557 E 41st St, Indianapolis, IN 46226
0.12
-
4
1
1,280
Off Market
3946 N Layman Ave, Indianapolis, IN 46226
0.08
$115,000
3
1.5
1,200
Recently Sold
4040 N Ritter Ave, Indianapolis, IN 46226
0.13
$147,000
3
1.5
1,056
Recently Sold
4020 N Audubon Rd, Indianapolis, IN 46226
0.11
$201,000
4
2.5
2,160
Recently Sold
5546 E 41st St, Indianapolis, IN 46226
0.15
$163,300
3
1
929
Off Market
3932 N Audubon Rd, Indianapolis, IN 46226
0.10
$203,500
3
1.5
2,352
Off Market

Local Information

  • Map ViewExplore the area around 5530 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
1957
Living Area
1,080 sqft
Price/Sqft
$161
Parking
Garage

About this House

This single-family home is located at 5530 E 40th St, Indianapolis, IN. 5530 E 40th St is in the Devington neighborhood in Indianapolis, IN and in ZIP code 46226. This property has 1 bathroom and approximately 1,080 sqft of floor space. This property has a lot size of 78 sqft and was built in 1957.
5530 E 40th St, Indianapolis, IN 46226 is a studio, 1 bathroom, 1,080 sqft single-family home in Devington, built in 1957. It last sold for $87,500 on Mar 27, 2007. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $174,400, with a rent estimate of $1,266/month.

Home Details for 5530 E 40th St

Interior Features

Interior Details
BasementTypes of Rooms: Recreation Room
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

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: 8581 sqft

Price and Tax history

DateEventPrice
Mar 27, 2007
Source: MIBOR as distributed by MLS GRID #2662807
Sold
$87,500

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 5530 E 40th St

  • What is 5530 E 40th St estimated to be worth?
    Trulia's estimated value for 5530 E 40th St in Indianapolis, IN is $174,400.
  • What is the price history for 5530 E 40th St?
    5530 E 40th St in Indianapolis, IN last sold for $87,500 in March 2007.
  • 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 5530 E 40th St have air conditioning?
    Yes, 5530 E 40th St in Indianapolis, IN has air conditioning.
  • How big is the lot at 5530 E 40th St?
    The lot at 5530 E 40th St in Indianapolis, IN is about 0 acres (78 sq ft).

Explore by feature - Pet Friendly

1497 pet-friendly rentals in Indianapolis, IN

Explore by feature - Garage

701 rentals with a garage in Indianapolis, IN

Explore by feature - Air Conditioning

1338 rentals with air conditioning in Indianapolis, IN

Explore by feature - Pool

386 rentals with a pool in Indianapolis, IN

Explore by feature - Washer/dryer

1099 rentals with a washer/dryer in Indianapolis, IN

Explore by feature - Outdoor Space

413 rentals with an outdoor space in Indianapolis, IN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 5530 E 40th St

Skip to last item
Skip to first item

Homes for sale near 5530 E 40th St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item