5831 E  40th St, Indianapolis, IN 46226
Property image
Property image
SOLD
JUL 27, 2026

$128,500

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 2,080 sqft

5831 E 40th St, Indianapolis, IN 46226

Devington
Est. Refi. Payment $842/mo*
Refinance Your Home
Currently Off Market - Sold Jul 27, 2026 for $128,500 (5% below list price)

Home Value

Trulia Estimate
$129K
Since last month
Increased$100 (+0.1%)
Since last year
Decreased$10K (-7.2%)
Since last sale
Increased$100 (+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 increased by +84% in the last 10 years
MonthEstimated value
2026
August 2026$129K
July 2026$129K
June 2026$133K
May 2026$135K
April 2026$145K
March 2026$135K
February 2026$138K
January 2026$138K
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
0.13
Single-Family Home
$125,000
06/22/26
3
1.5
2,080
0.08
Single-Family Home
$183,000
06/12/26
3
1.5
2,080
0.14
Single-Family Home
$150,000
03/17/26
3
1
2,080
0.06
Single-Family Home
$175,000
07/29/26
3
1.5
1,364
0.25
Single-Family Home
$125,000
06/02/26
4
1.5
2,280
0.12
Single-Family Home
$190,000
06/04/26
3
2.5
2,080
0.08
Single-Family Home
$200,000
10/01/25
3
2.5
1,913
0.14
Single-Family Home
$107,000
05/26/26
3
1
1,080
0.21
Single-Family Home
$165,000
07/06/26
3
1.5
1,248

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
0.05
$195,900
3
1
2,080
Off Market
0.06
$166,300
3
1.5
2,080
Off Market
0.07
$131,600
3
1
1,040
Off Market
0.08
$183,000
3
1.5
2,080
Recently Sold
0.06
$175,000
3
1.5
1,364
Recently Sold
0.08
$200,700
3
2.5
1,913
Off Market
0.10
$164,900
3
1.5
2,120
Off Market
0.09
$169,700
3
1
1,040
Off Market
0.10
$125,300
3
1
1,040
Off Market
0.12
$227,500
4
2
1,348
Off Market
0.09
$180,000
4
1.5
2,368
For Sale

Local Information

  • Map ViewExplore the area around 5831 E 40th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
2,080 sqft
$62/sqft
Garage

About this House

Discover an inviting single-family residence at 5831 E 40th ST, INDIANAPOLIS, IN, USA. Built in 1955, this 1040 square foot home is ready for you to move in, offering a welcoming atmosphere from the moment you arrive. This home offers three comfortable bedrooms, providing ample personal space for relaxation and rest. A full bathroom and an additional half bathroom cater to everyday convenience. Spanning a single story, this property also includes a basement, offering flexible space for storage or future development. The generous 7492 square foot lot provides room for outdoor enjoyment and activities. This property presents a wonderful opportunity to embrace a comfortable and convenient lifestyle.
5831 E 40th St, Indianapolis, IN 46226 is a 3 bedroom, 2 bathroom, 2,080 sqft single-family home in Devington, built in 1955. It last sold for $128,500 on Jul 27, 2026 (5% below the $134,900 asking price). More recently, it was listed as a rental in November 2014 with an asking price of $800 per month. That rental listing was removed on January 22, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $128,500, with a rent estimate of $1,465/month.
Last check for updates: about 1 hour ago
Listed by Isabella Frazier, (984) 370-6886
Trelora Realty
Bought with: Alexandria Hyche, (317) 903-2333, Dix Realty Group
Source: MIBOR as distributed by MLS GRID, MLS#22097805

Home Details for 5831 E 40th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2080 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater, Refrigerator, Water HeaterLaundry: In BasementRefrigerator
Heating & Cooling
Heating: Forced Air,Natural Gas,BaseboardHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFoundation: Block, Full
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageParking Spaces: 2Parking: Detached,Carport,Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 9

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Brick, StoneNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490715100040000401

Price & Status

Price
List Price: $134,900Price Per Sqft: $62/sqft
Status Change & Dates
Off Market Date: Sat Jun 06 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: 1st Devington
School Information
Elementary School: Floro Torrence School 83Jr High / Middle School: Arlington Community Middle SchoolHigh School: Shortridge High SchoolHigh School District: Indianapolis Public Schools

Building

Building Area
Building Area: 2080 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7405.2 sqft

Miscellaneous

BasementMls Number: 22097805

Price and Tax history

DateEventPrice
Jul 27, 2026
Source: MIBOR as distributed by MLS GRID #22097805
Sold
$128,500
Jun 8, 2026
Source: MIBOR as distributed by MLS GRID #22097805
Pending
$134,900
May 29, 2026
Source: MIBOR as distributed by MLS GRID #22097805
Listed For Sale
$134,900
Jan 12, 2022
Source: N/A
Sold
$104,000
Nov 20, 2021
Source: MIBOR as distributed by MLS GRID #21823577
Pending
$105,000

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Around this home

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
    "Iโ€™ve been here for 1 week and Iโ€™ve walked my dogs everyday. Iโ€™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 heโ€™s a Yorky. He weighs 4 pounds he wonโ€™t get any bigger and thatโ€™s the only animal I have I lived in Lawrence before and liked it."
  • Trulia User
    "Itโ€™s not a great area anymore my street has no sidewalks no bike trails no good street lightsโ€ฆโ€ฆโ€ฆ.>โ€ฆโ€ฆโ€ฆโ€ฆ.."
  • 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 donโ€™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 donโ€™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 Iโ€™m at work and brings them over."
  • Reesecupsmith
    "Iโ€™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

Based on information submitted to the MLS GRID as of 2026-09-10 00:08:24 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

Frequently asked questions about 5831 E 40th St

  • What is 5831 E 40th St estimated to be worth?
    Trulia's estimated value for 5831 E 40th St in Indianapolis, IN is $128,500.
  • What is the price history for 5831 E 40th St?
    5831 E 40th St in Indianapolis, IN last sold for $128,500 in July 2026.
  • 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 5831 E 40th St have air conditioning?
    Yes, 5831 E 40th St in Indianapolis, IN has air conditioning.
  • Does 5831 E 40th St have laundry facilities?
    Yes, 5831 E 40th St in Indianapolis, IN has laundry facilities.

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 5831 E 40th St

Skip to last item
Skip to first item

Homes for sale near 5831 E 40th St

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