8240 E 42nd Pl, Indianapolis, IN 46226
Property image
Property image
OFF MARKET

8240 E 42nd Pl
Indianapolis, IN 46226

Far Eastside
  • 3 Beds
  • 1 Bath
  • 1,421 sqft

$131,100

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $847/mo*
Refinance Your Home

$131,100

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $847/mo*
Refinance Your Home
3 Beds
1 Bath
1,421 sqft

Local Information

  • Map ViewExplore the area around 8240 E 42nd Pl.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Home Is As Is But Has Some Updates In The Past Such As Newer Looking Vinyl Siding, Roof, Windows And Some Floor Coverings. Partial Room Or Fourth Bedroom Added Behind Garage So That Garage Can Really Only Hold Mowers Or Maybe A Mortorcycle But Buyer Could Convert Back If Wanted.
8240 E 42nd Pl, Indianapolis, IN 46226 is a 3 bedroom, 1 bathroom, 1,421 sqft single-family home in Far Eastside, built in 1962. It last sold for $33,000 on Sep 9, 2015. It is currently off market. The Trulia Estimate is $131,100, with a rent estimate of $1,303/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 8240 E 42nd Pl

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other

Exterior Features

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

Property Information

Year Built
Year Built: 1962Year Updated: 1962
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6926 sqft

Price History for 8240 E 42nd Pl

DatePriceEventSource
09/09/2015$33,000Sold
MIBOR as distributed by MLS GRID #21350007
08/27/2015$37,000PendingAgent Provided
08/05/2015$37,000PriceChange
Agent Provided
07/10/2015$41,900PriceChange
Agent Provided
06/02/2015$45,000PriceChange
Agent Provided
04/30/2015$48,000Listed For SaleAgent Provided
02/04/2015$33,000Sold
N/A
11/28/2001$1Sold
MIBOR as distributed by MLS GRID #2150871

Market trends in Far Eastside

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$187K
$5.7KMoM
Sale-to-List Price
98.9%
0.6%MoM
Price per sq ft
$120
$1MoM
Available listings
161
16MoM
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Property Tax and Assessment

Year2025
Tax$1,535
Assessment$176,800
Home facts updated by county records

Comparable Sales for 8240 E 42nd Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8611 Meadowlark Dr, Indianapolis, IN
0.38
Single-Family Home
$29,000
08/07/25
3
1
1,344
8303 E 42nd St, Indianapolis, IN
0.09
Single-Family Home
$135,100
11/21/25
3
1
1,344
8239 Meadowlark Dr, Indianapolis, IN
0.08
Single-Family Home
$108,000
11/05/25
3
1
925
4027 Arborcrest Dr, Indianapolis, IN
0.28
Single-Family Home
$68,000
12/05/25
3
1
1,794
4047 Aspen Way, Indianapolis, IN
0.26
Single-Family Home
$50,000
10/02/25
3
1
864
8246 E 41st Pl, Indianapolis, IN
0.11
Single-Family Home
$120,500
06/03/26
3
1
1,000
8339 E 42nd St, Indianapolis, IN
0.12
Single-Family Home
$154,027
11/19/25
3
1
1,073
8340 E 41st Pl, Indianapolis, IN
0.14
Single-Family Home
$140,000
05/27/26
3
1
864
4040 Aspen Way, Indianapolis, IN
0.26
Single-Family Home
$147,000
05/11/26
3
1
1,344
8338 Aspen Ct, Indianapolis, IN
0.23
Single-Family Home
$130,000
08/07/25
3
1
868

Nearby homes

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Assigned Schools

These are the assigned schools for 8240 E 42nd Pl.
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

Far Eastside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Far Eastside

At least 223 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 84 % Say there are sidewalks

  • 82 % Say yards are well-kept

  • 78 % Say parking is easy

  • 76 % Say kids play outside

  • 65 % Say it's dog friendly

  • 58 % Say there's holiday spirit

  • 53 % Say it's quiet

  • 48 % Say neighbors are friendly

  • 47 % Say streets are well-lit

  • 46 % Say they plan to stay for at least 5 years

  • 37 % Say it's walkable to grocery stores

  • 36 % Say there's wildlife

  • 34 % Say people would walk alone at night

  • 32 % Say it's walkable to restaurants

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nicolerymer
    "It’s not great I don’t feel comfortable here in this area too many potholes in the neighborhood bad streets"
    3
    Flag
  • Kwaali93
    "Driving parking everywhere I go it’s all good and everything is close to me so I’m not worried about anything"
    1
    Flag
  • Geminifool77
    "i would like to know where are the low income apartments located on the east side of town & where can i find them "
    0
    Flag
  • Crystina Brooks
    "Quiet as long as you mind your business..it’s not that bad as people make it out to be ..it’s alright "
    3
    Flag
  • Crystina Brooks
    "Block parties and yard sales it is a good neighborhood to live and work in good community to live in."
    3
    Flag
  • Orellanakristie
    "There are sometimes strays that you have to be careful with while walking your pet. So far it’s a quite area "
    1
    Flag
  • Karamorrill16
    "when purchasing a home, be aware that there is hoa assessment fees if live in hoa communities and are to pay them ."
    1
    Flag
  • Trulia User
    "lots of streets to walk down large blocks between main roads almost all have sidewalks and always see others walking their dogs "
    4
    Flag
  • Trulia User
    "The houses are well distant, most of the neighbors are friendly. Majority of industry and employment."
    4
    Flag
  • Miss D. D.
    "We currently do not have great public transportation access. There are no bus stops near and many will be removed from the area. "
    9
    Flag
  • Emily B.
    "If you have a fence you can have a dog. Too many stray dogs run through our yard and hop our fence. Please put a collar on your dogs"
    4
    Flag
  • Tamaura S.
    "high crime and gun shoots often at night, we do not feel safe in this area but it is affordable and that's why we are here"
    15
    Flag
  • Glawson0629
    "Eastside all my life and it’s a nice erea I would love for my kids and grandchildren and the their kids to come up on the East side of town"
    4
    Flag
  • Mikejuliomtf
    "Safe and busy and continuing to grow! There is always a sense of growth and kindness as people in the daily routine commute!"
    2
    Flag
  • Jrlsmom
    "Very rare to see a dog being walked in the neighborhood. Also don’t see many dogs running loose. I have walked my dog in my neighborhood. Didn’t have any problems."
    8
    Flag
  • Dan H.
    "Lots of nearby gunfire. I have a squatter in one neighbor's house and a garbage hoarder in the other. Some places are well maintained, but most others are renters and they don't take care of anything. this area doesn't feel safe."
    13
    Flag
  • Audrea N. P.
    "Between Post Rd and Mitthoffer they do not have good schools and safety is always a concern. Move anywhere else. I don’t let my kids trick or treat or ride bikes further than I can see. There are no more grocery stores in the area due to theft. "
    15
    Flag
  • Rebecca J.
    "I've lived here for about 8 months now, I don't feel safe, I don't like leaving my apartment to go to work grocery store anyting, in the crime is unbelievable in this neighborhood"
    92
    Flag
  • Miayva W.
    "to many kids to many fights not enough security need more neighborhood watch people need to make sure they know where there kids are at all times an everybody need to?mind there own business"
    6
    Flag
  • D M.
    "Gum shots in the neighborhoods. Theft of homes. Destruct of property. Drug dealers in the neighborhoods. "
    3
    Flag
  • Brittany P.
    "Some areas are nice and safe, however there’s a growing population of those who do not care about safety. "
    4
    Flag
  • Sidney S.
    "Most people keep to themselves. But there have been many issues of car break-ins and many other types of theft. "
    2
    Flag
  • Alieshayoung26
    "there are many families in our neighborhood and all the kids love to play and hang out. everyone is very nice. "
    1
    Flag
  • Tydajhia016
    "It be shooting, its loud music, kids play outside when it’s hot, dogs be out lose. Restaurants are far but not that far but it’s far walk distance. "
    0
    Flag
  • Gerardo M.
    "I do not since I so not own a dog but I have seen people with dogs walking them so I will assume that they would not like. Instead they probably would want a dog park."
    0
    Flag
  • Dennis
    "Quiet place no place like home lol we all stay to ourselves don’t see nothing and don’t hear nothin "
    1
    Flag
  • Chrystionne S. .
    "Neighbors keep up the yards. Watch out for unusual activities and keep the area clean and noise free at night. "
    45
    Flag
  • Maria M.
    "easy to get to 465 or 70 easy to get home heavy traffic in other areas. about 45 mins from downtown in rush hour."
    0
    Flag
  • Kristinabadger
    "Not much is special here...the only community thing we have or do is Neighborhood Watch meetings. The kids play a lot in the street so you have to constantly watch for them because their parents are no where to be found!"
    0
    Flag
  • Jason A. C. R.
    "there is no events for this area. Not on the state or city qqebsite. community events would be very helpful to the area and help with the crime"
    0
    Flag
  • Tara
    "New Beginnings Chirch does a Rock the Park event at Grassy Creek each year. It is great for the kids."
    1
    Flag
  • Eva J. R.
    "i moved from NYC to northeastwood...and i love it!...my kids can play outside safely till late in night...neighbors are great!..everything i need is walking distance!...no complain!"
    1
    Flag
  • mondo2111
    "Most neighbors are nice and know each other and help each other as needed. I have lived in this area for 20+ years and have NEVER had any trouble. I have even seen deer and other wildlife walk down the street at times! "
    2
    Flag
  • junebugg63081
    "A lot of rentals in this area now because everyone wants to get away from the east side. This street stays pretty quiet, but people drive way to fast and have no respect"
    3
    Flag
  • chrisazp
    "I lived on this street in the 1990s and 2000s and raised my family there. What began as an idyllic, sociable neighborhood where families looked out for one another declined over the next two decades into an area where shootings, car bombs, break-ins and gang activity made it a place you were afraid to come home to or leave. My family wouldn't even come visit me. This is no place for children, and I can't honestly recommend it for anyone. "
    1
    Flag
  • Tasha W.
    "i bought my first home in this area two years ago..I like the neighborhood. I live on a very nice street. My neighbors watch my house while i work and go to school. "
    0
    Flag

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Homes for sale near 8240 E 42nd Pl

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Off Market Homes Near 8240 E 42nd Pl

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