5702 E  40th St, Indianapolis, IN 46226
Property image
Property image
FOR SALE
0.25 ACRES

5702 E 40th St
Indianapolis, IN 46226

Devington
  • 4 Beds
  • 1.5 Baths
  • 2,898 sqft (on 0.25 acres)

$169,900

Original price: $179,900
Est. Mortgage $1,075/mo*

$169,900

Original price: $179,900
Est. Mortgage $1,075/mo*
4 Beds
1.5 Baths
2,898 sqft
(on 0.25 acres)

Local Information

  • Map ViewExplore the area around 5702 E 40th St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Motivated seller offering a great investment opportunity on Indy's Eastside. This 4-bedroom, 1.5 bath stone ranch delivers over 2,000 sq ft of livable space, including a partially finished basement. The home has solid bones, working mechanicals, and plenty of upside for buyers looking to add value. With some cosmetic updates and minor improvements, there's clear potential for instant equity. Positioned on a corner lot with a fully fenced backyard, this property is ideal for investors, flippers, or buyers seeking a valueadd project. Seller is ready to make a deal.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$59
Listed
31 days ago

Home Details for 5702 E 40th St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Partially FinishedNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Living Room
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2898 Square Feet
Appliances & Utilities
Appliances: None, RefrigeratorRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Foundation: Block
Parking & Garage
No Garage
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 680 Square Feet

Days on Market

Cumulative Days on Market: 30Days on Market: 31

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: StoneNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490715116010000401

Price & Status

Price
List Price: $169,900Price Per Sqft: $59
Status Change & Dates
Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
High School District: MSD Lawrence Township

Agent Information

Listing Agent
Listing ID: 22106932

Building

Building Area
Building Area: 2898 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10890 sqft

Listing Info

Special Conditions: As Is

Miscellaneous

BasementMls Number: 22106932
Last check for updates: 1 day ago
Listing Provided by: Anthony Burris
Resilient Realty Investments
Source: MIBOR as distributed by MLS GRID, MLS#22106932

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18K
MoM
Sale-to-List Price
99.2%
0.5%
MoM
Price per sq ft
$143
$3
MoM
Available listings
3885
69
MoM

Price History for 5702 E 40th St

DatePriceEventSource
07/11/2026$169,900PriceChange
MIBOR as distributed by MLS GRID #22106932
07/01/2026$179,900PriceChange
MIBOR as distributed by MLS GRID #22106932
06/21/2026$184,900PriceChange
MIBOR as distributed by MLS GRID #22106932
06/13/2026$189,900Listed For SaleMIBOR as distributed by MLS GRID #22106932

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Property Tax and Assessment

Year2025
Tax$1,292
Assessment$158,300
Home facts updated by county records

Comparable Sales for 5702 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$162,500
09/05/25
3
1.5
2,436
0.14
Single-Family Home
$183,000
06/12/26
3
1.5
2,080
0.13
Single-Family Home
$195,000
08/22/25
3
1
2,080
0.35
Single-Family Home
$239,900
01/16/26
4
2
2,376
0.32
Single-Family Home
$127,000
06/15/26
3
1.5
2,436
0.20
Single-Family Home
$125,000
06/22/26
3
1.5
2,080
0.07
Single-Family Home
$200,000
10/01/25
3
2.5
1,913
0.09
Single-Family Home
$165,000
07/06/26
3
1.5
1,248
0.10
Single-Family Home
$158,500
08/08/25
4
1.5
1,056

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 5702 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 "

LGBTQ Local Legal Protections

Anthony Burris, Resilient Realty Investments
Based on information submitted to the MLS GRID as of 2026-07-12 21:48:04 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
5702 E 40th St, Indianapolis, IN 46226 is a 4 bedroom, 2 bathroom, 2,898 sqft single-family home built in 1951. 5702 E 40th St is located in Devington, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 13, 2026. The MLS # for this home is MLS# 22106932.