656 E 42nd St, Indianapolis, IN 46205
Property image
Property image
OFF MARKET

$405,800

Trulia Estimate
as of Sep 3, 2026
  • 4 Beds
  • 2.5 Baths
  • 2,784 sqft
  • 4 Beds
  • 2.5 Baths
  • 2,784 sqft

656 E 42nd St, Indianapolis, IN 46205

Meridian Kessler

Home Highlights

Property Type
Single-Family Home
Living Area
2,784 sqft
Price/Sqft
$146

Local Information

  • Map ViewExplore the area around 656 E 42nd St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Charming 4-Bedroom 2.5 bath single-family home for rent in one of Indianapolis' most desirable neighborhoods!

This beautifully maintained three-story home seamlessly blends historic charm with modern updates, situated on a quiet, tree-lined street just a few steps from the Red Line and the College Avenue library.

Location is a ten-minute drive to downtown Indianapolis or Broad Ripple.
Walkable to local shops, cafes, and restaurants along College Ave and 46th Street.
Quick access to the Monon Trail and Fall Creek Greenway

- Covered front porch perfect for relaxing.
- Front and back yard pollinator garden.
- Formal dining area.
- Kitchen has granite counters and modern stainless steel appliances: Samsung stove (gas), microwave, and french door refrigerator with water filter.
- Bosch dishwasher.
- Main floor half bath and laundry.
- Three bedrooms on the second level with a shared full bathroom.
- The main bedroom has an en suite with a standing shower.
- Bonus fourth bedroom/storage in a finished carpeted attic.
- Private backyard with ample space for entertaining.
- Landscaping equipment provided.
- Biweekly recycling (two bins) and weekly trash lifts (two bins) are included with rent.
- Small compost bin in kitchen and larger receptacle in yard with trash and recycling bins.
- Pets accepted with additional security deposit and added pet rent (one dog or two cats).

Serious inquiries only, please apply before requesting a tour.
Note: Owner is not open to selling, please do not contact regarding property sale. Property is not certified for housing vouchers.

Rental requirements:
1. Minimum credit score of 650
2. Proof of income at least 3x rental amount
3. Clear background check with no history of rental litigation or criminal activity

Tenant responsibilities include:
- Obtaining and providing proof of renters' insurance - coverage required throughout the entire rental agreement.
- Electric and gas utilities (must be placed in the tenant's name) for the duration of the lease agreement.
- Rent payment by the 1st of each month; late fees will be applied for rent paid more than three days late.
- Maintaining the yard with the provided equipment every week.
- Regular pet cleanup in yard or house (if applicable).
- Abiding by and ensuring that guests, and visitors comply with the no-smoking policy.
- Following local quiet hour policies out of respect for the neighbors.
- Proper waste disposal and recycling using the provided bins according to local pickup schedules by Republic Services.
- Prompt response to maintenance requests, providing property access within 48 hours upon request for non-emergencies, or within 24 hours for emergencies.
656 E 42nd St, Indianapolis, IN 46205 is a 4 bedroom, 3 bathroom, 2,784 sqft single-family home in Meridian Kessler. It last sold for $295,000 on May 14, 2021 (12,453% above the $2,350 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $2,400 per month. That rental listing was removed on October 31, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $405,800, with a rent estimate of $2,572/month.

Home Details for 656 E 42nd St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Exterior Features

Exterior Home Features
Garden

Comparable Sales for 656 E 42nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4160 Broadway St, Indianapolis, IN
0.09
Single-Family Home
$380,000
09/30/25
3
1.5
2,697 sqft
4168 Broadway St, Indianapolis, IN
0.07
Single-Family Home
$359,900
04/28/26
3
2.5
2,220 sqft
4248 Carrollton Ave, Indianapolis, IN
0.13
Single-Family Home
$260,000
01/29/26
3
2
2,415 sqft
4029 Broadway St, Indianapolis, IN
0.22
Single-Family Home
$352,000
10/08/25
4
1.5
3,729 sqft
4066 Broadway St, Indianapolis, IN
0.17
Single-Family Home
$405,000
03/06/26
3
1.5
2,701 sqft
4021 Guilford Ave, Indianapolis, IN
0.30
Single-Family Home
$262,500
12/19/25
4
2.5
3,222 sqft
4140 N College Ave, Indianapolis, IN
0.12
Single-Family Home
$215,000
09/29/25
4
3.5
2,268 sqft
4016 Guilford Ave, Indianapolis, IN
0.29
Single-Family Home
$230,000
10/30/25
4
2.5
2,962 sqft
4245 Guilford Ave, Indianapolis, IN
0.22
Single-Family Home
$357,000
07/08/26
3
2.5
2,586 sqft
4247 Central Ave, Indianapolis, IN
0.21
Single-Family Home
$492,500
04/02/26
4
3
2,601 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Indianapolis

Last updated Sep 2026
Trulia Rent Estimate$2,572/mo
Average rent
$1.5K
Available listings
2560
View rental market trends in Indianapolis, IN

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

Meridian Kessler
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Meridian Kessler

At least 74 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

  • 84 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 76 % Say streets are well-lit

  • 76 % Say people would walk alone at night

  • 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

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

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Oct 31, 2025
Source: Zillow Rentals
ListingRemoved
$2,350
Sep 6, 2025
Source: Zillow Rentals
PriceChange
$2,350
Price decreased by 2%
Jul 31, 2025
Source: Zillow Rentals
Listed For Rent
$2,400
May 14, 2021
Source: MIBOR as distributed by MLS GRID #21776178
Sold
$295,000
Apr 15, 2016
Source: MIBOR as distributed by MLS GRID #21354126
Sold
$182,000

Frequently asked questions about 656 E 42nd St

  • What is 656 E 42nd St estimated to be worth?
    Trulia's estimated value for 656 E 42nd St in Indianapolis, IN is $405,800.
  • What is the price history for 656 E 42nd St?
    656 E 42nd St in Indianapolis, IN last sold for $295,000 in May 2021.
  • 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 656 E 42nd St have air conditioning?
    Yes, 656 E 42nd St in Indianapolis, IN has air conditioning.
  • Does 656 E 42nd St have laundry facilities?
    Yes, 656 E 42nd St in Indianapolis, IN has in-unit laundry.

Homes for rent near 656 E 42nd St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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