Are yards well-kept in Devington, Indianapolis, IN?

As of early 2026, 85% of users say yards are well-kept

Is parking easy in Devington, Indianapolis, IN?

As of early 2026, 85% of users say parking is easy

Is a car needed in Devington, Indianapolis, IN?

As of early 2026, 79% of users say car is needed

Does Devington, Indianapolis, IN have sidewalks?

As of early 2026, 74% of users say there are sidewalks

Do kids play outside in Devington, Indianapolis, IN?

As of early 2026, 71% of users say kids play outside

Is Devington, Indianapolis, IN dog-friendly?

As of early 2026, 64% of users say it's dog friendly

Does Devington, Indianapolis, IN show holiday spirit?

As of early 2026, 60% of users say there's holiday spirit

Is Devington, Indianapolis, IN quiet?

As of early 2026, 54% of users say it's quiet

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

As of early 2026, 49% of users say they plan to stay for at least 5 years

Is Devington, Indianapolis, IN walkable to grocery stores?

As of early 2026, 47% of users say it's walkable to grocery stores

Are neighbors friendly in Devington, Indianapolis, IN?

As of early 2026, 45% of users say neighbors are friendly

Are the streets well-lit in Devington, Indianapolis, IN?

As of early 2026, 40% of users say streets are well-lit

Would people walk alone at night in Devington, Indianapolis, IN?

As of early 2026, 34% of users say people would walk alone at night

Is Devington, Indianapolis, IN walkable to restaurants?

As of early 2026, 33% of users say it's walkable to restaurants

Is there wildlife in Devington, Indianapolis, IN?

As of early 2026, 29% of users say there's wildlife

Are there community events in Devington, Indianapolis, IN?

As of early 2026, 21% of users say there are community events

What is 5541 E 40th St estimated to be worth?

Trulia's estimated value for 5541 E 40th St in Indianapolis, IN is $105,800 .

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.

What do residents say about the Devington neighborhood?

Residents describe the Devington neighborhood in Indianapolis, IN as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Devington, Indianapolis .

Does 5541 E 40th St have air conditioning?

Yes, 5541 E 40th St in Indianapolis, IN has air conditioning.

OFF MARKET

$105,800

Trulia Estimate

2 Beds
1 Bath
720 sqft

5541 E 40th St, Indianapolis, IN 46226

Devington

Est. Refi. Payment $703/mo*

Refinance Your Home

Home Value

Trulia Estimate

$106K

Since last month

$3K (-2.7%)

Since last year

$10K (-9%)

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 +170% in the last 10 years

Month	Estimated value
2026
August 2026	$106K
July 2026	$109K
June 2026	$114K
May 2026	$113K
April 2026	$108K
March 2026	$101K
February 2026	$101K
January 2026	$93K
2025
December 2025	$123K
November 2025	$121K
October 2025	$122K
September 2025	$116K
August 2025	$116K
July 2025	$117K
June 2025	$120K
May 2025	$125K
April 2025	$118K
March 2025	$119K
February 2025	$99K
January 2025	$95K
2024
December 2024	$95K
November 2024	$98K
October 2024	$100K
September 2024	$99K
August 2024	$97K
July 2024	$98K
June 2024	$100K
May 2024	$102K
April 2024	$98K
March 2024	$99K
February 2024	$96K
January 2024	$89K
2023
December 2023	$102K
November 2023	$96K
October 2023	$95K
September 2023	$106K
August 2023	$101K
July 2023	$103K
June 2023	$96K
May 2023	$143K
April 2023	$139K
March 2023	$134K
February 2023	$127K
January 2023	$125K
2022
December 2022	$126K
November 2022	$129K
October 2022	$130K
September 2022	$131K
August 2022	$134K
July 2022	$138K
June 2022	$138K
May 2022	$137K
April 2022	$130K
March 2022	$131K
February 2022	$130K
January 2022	$125K
2021
December 2021	$121K
November 2021	$119K
October 2021	$120K
September 2021	$119K
August 2021	$117K
July 2021	$115K
June 2021	$89K
2020
March 2020	$58K
February 2020	$63K
January 2020	$62K
2019
December 2019	$66K
November 2019	$64K
October 2019	$62K
September 2019	$61K
August 2019	$62K
July 2019	$59K
June 2019	$63K
May 2019	$61K
April 2019	$65K
March 2019	$63K
February 2019	$57K
January 2019	$56K
2018
December 2018	$54K
November 2018	$52K
October 2018	$51K
September 2018	$50K
August 2018	$51K
July 2018	$50K
June 2018	$51K
May 2018	$50K
April 2018	$45K
March 2018	$43K
February 2018	$43K
January 2018	$43K
2017
December 2017	$45K
November 2017	$43K
October 2017	$43K
September 2017	$45K
August 2017	$43K
July 2017	$41K
June 2017	$42K
May 2017	$40K
April 2017	$41K
March 2017	$39K
February 2017	$38K
January 2017	$38K
2016
December 2016	$32K
November 2016	$32K
October 2016	$32K
September 2016	$35K
August 2016	$39K

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
5601 Glencoe St, Indianapolis, IN	0.10	Single-Family Home	$173,000	10/03/25	3	1	1,152
3904 N Graham Ave, Indianapolis, IN	0.18	Single-Family Home	$107,000	05/26/26	3	1	1,080
5426 Culver St, Indianapolis, IN	0.17	Single-Family Home	$179,000	05/04/26	3	1	1,728
3946 N Layman Ave, Indianapolis, IN	0.07	Single-Family Home	$115,000	01/06/26	3	1.5	1,200
4040 N Ritter Ave, Indianapolis, IN	0.15	Single-Family Home	$147,000	07/13/26	3	1.5	1,056
5606 Culver St, Indianapolis, IN	0.11	Single-Family Home	$165,000	07/06/26	3	1.5	1,248
4132 N Ritter Ave, Indianapolis, IN	0.24	Single-Family Home	$144,900	06/29/26	3	1.5	960
4101 N Arlington Ave, Indianapolis, IN	0.46	Single-Family Home	$145,000	12/09/25	3	1	944
4125 N Butler Ave, Indianapolis, IN	0.42	Single-Family Home	$140,000	12/11/25	3	1	1,075
3643 N Lesley Ave, Indianapolis, IN	0.41	Single-Family Home	$114,000	08/14/26	2	1	1,792

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
3954 N Lesley Ave, Indianapolis, IN 46226	0.02	$114,000	2	1	1,008	Off Market
3946 N Layman Ave, Indianapolis, IN 46226	0.07	$115,000	3	1.5	1,200	Recently Sold
3914 N Lesley Ave, Indianapolis, IN 46226	0.09	$126,300	3	1.5	1,310	Off Market
3920 N Layman Ave, Indianapolis, IN 46226	0.10	$161,100	3	1.5	1,000	Off Market
5618 E 40th St, Indianapolis, IN 46226	0.07	$189,900	3	1.5	2,160	Off Market
3932 N Audubon Rd, Indianapolis, IN 46226	0.08	$203,500	3	1.5	2,352	Off Market
3902 N Layman Ave, Indianapolis, IN 46226	0.12	$222,900	4	2	6,090	Off Market
5519 Glencoe St, Indianapolis, IN 46226	0.10	$145,000	3	1	864	For Sale
5601 Glencoe St, Indianapolis, IN 46226	0.10	$173,600	3	1	1,152	Off Market
3908 N Audubon Rd, Indianapolis, IN 46226	0.12	$221,100	3	2	1,493	Off Market
5605 Glencoe St, Indianapolis, IN 46226	0.10	$159,400	4	1.5	1,056	Off Market
3904 N Audubon Rd, Indianapolis, IN 46226	0.13	$221,000	3	2	1,506	Off Market

Local Information

Map ViewExplore the area around 5541 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

720 sqft

Price/Sqft

$147

Parking

None

About this House

This single-family home is located at 5541 E 40th St, Indianapolis, IN. 5541 E 40th St is in the Devington neighborhood in Indianapolis, IN and in ZIP code 46226. This property has 2 bedrooms, 1 bathroom and approximately 720 sqft of floor space. This property was built in 1957.

5541 E 40th St, Indianapolis, IN 46226 is a 2 bedroom, 1 bathroom, 720 sqft single-family home in Devington, built in 1957. More recently, it was listed as a rental in March 2025 with an asking price of $1,050 per month. That rental listing was removed on October 9, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $105,800, with a rent estimate of $1,169/month.

Home Details for 5541 E 40th St

Interior Features
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details Types of Rooms: Walk In Closet, Breakfast Nook, Family Room
Appliances & Utilities Refrigerator
Levels, Entrance, & Accessibility Floors: Hardwood

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

Exterior Features
Exterior Home Features Exterior: Brick
Parking & Garage Parking: None

Price and Tax history

Date	Event	Price
Oct 9, 2025 Source: MIBOR as distributed by MLS GRID #22028411	ListingRemoved	$1,050
Mar 21, 2025 Source: MIBOR as distributed by MLS GRID #22028411	Listed For Rent	$1,050
Nov 3, 2022 Source: Zillow Rental Network Premium	ListingRemoved
Sep 22, 2022 Source: Zillow Rental Network Premium #21884649	Listed For Rent	$775
Oct 24, 2018 Source: Agent Provided	ListingRemoved	$650
Oct 12, 2018 Source: Agent Provided	Listed For Rent	$650
Feb 24, 2016 Source: Agent Provided	ListingRemoved	$650
Oct 17, 2015 Source: Agent Provided	Listed For Rent	$650
Aug 26, 2014 Source: Agent Provided	ListingRemoved	$650
Jun 12, 2014 Source: Agent Provided	Listed For Rent	$650
Jan 5, 2013 Source: Agent Provided	ListingRemoved	$500
Dec 6, 2012 Source: Agent Provided	Listed For Rent	$500
Mar 1, 2012 Source: Agent Provided	ListingRemoved	$575
Nov 6, 2011 Source: Agent Provided	Listed For Rent	$575
Feb 18, 2011 Source: Agent Provided	ListingRemoved	$600
Jan 1, 2011 Source: Agent Provided	Listed For Rent	$600

Additional Cost

Market trends in Indianapolis

Last updated July 2026

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

41 Homes For You
Buy: $9.5k - $383k

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
Visitor
2mo ago
"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
Prev. Resident
2y ago
"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
Resident
4y ago
"It’s not a great area anymore my street has no sidewalks no bike trails no good street lights……….>………….."
0
Flag
Dtorres
Resident
6y ago
"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.
Resident
6y ago
"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
Resident
6y ago
"Some houses don’t have fences so make sure that you are aware of some stray animals in the neighborhood "
1
Flag
Dbueno3
Resident
7y ago
"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
Resident
7y ago
"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.
Resident
7y ago
"need car always traffic after 5pm. Public transportation sucks completely. 2 hour commute somewhere when relying on bus "
1
Flag
Shelottab
Resident
8y ago
"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
Resident
8y ago
"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 5541 E 40th St

What is 5541 E 40th St estimated to be worth?
Trulia's estimated value for 5541 E 40th St in Indianapolis, IN is $105,800.
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.
What do residents say about the Devington neighborhood?
Residents describe the Devington neighborhood in Indianapolis, IN as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Devington, Indianapolis.
Does 5541 E 40th St have air conditioning?
Yes, 5541 E 40th St in Indianapolis, IN has air conditioning.