8540 E 42nd Pl, Indianapolis, IN 46226
OFF MARKET

8540 E 42nd Pl
Indianapolis, IN 46226

Far Eastside
  • Studio
  • 1,008 sqft

$136,000

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $882/mo*
Refinance Your Home

$136,000

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $882/mo*
Refinance Your Home
Studio
1,008 sqft

Home Value

Trulia Estimate
$136K
Since last month
Decreased$3K (-2.1%)
Since last year
Increased$9K (+7.3%)
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 +233% in the last 10 years
MonthEstimated value
2026
August 2026$137K
July 2026$140K
June 2026$137K
May 2026$139K
April 2026$130K
March 2026$127K
February 2026$119K
January 2026$118K
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
8603 E 42nd Pl, Indianapolis, IN
0.03
Single-Family Home
$163,000
02/17/26
4
1.5
1,197
4254 Dubarry Rd, Indianapolis, IN
0.06
Single-Family Home
$180,000
06/29/26
3
1.5
1,200
4248 Dubarry Rd, Indianapolis, IN
0.05
Single-Family Home
$186,900
11/20/25
4
1.5
1,386
4138 Balboa Dr, Indianapolis, IN
0.16
Single-Family Home
$150,000
10/24/25
4
2
1,149
8339 E 42nd St, Indianapolis, IN
0.21
Single-Family Home
$154,027
11/19/25
3
1
1,073
8423 Athens Ct, Indianapolis, IN
0.12
Single-Family Home
$202,000
04/27/26
3
2
1,653
4416 Dubarry Rd, Indianapolis, IN
0.22
Single-Family Home
$175,000
09/08/25
3
2
1,188
4031 Balboa Dr, Indianapolis, IN
0.29
Single-Family Home
$125,000
07/28/26
3
1
1,073
8242 E 42nd St, Indianapolis, IN
0.28
Single-Family Home
$165,000
04/13/26
3
1.5
936
8340 E 41st Pl, Indianapolis, IN
0.22
Single-Family Home
$140,000
05/27/26
3
1
864

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
8603 E 42nd Pl, Indianapolis, IN 46226
0.03
$163,000
4
1.5
1,197
Recently Sold
8525 E 42nd Pl, Indianapolis, IN 46226
0.04
$185,200
3
1
1,344
Off Market
4242 N Dubarry Rd, Indianapolis, IN 46226
0.04
$140,900
4
1
900
Off Market
4249 Dubarry Rd, Indianapolis, IN 46226
0.05
$177,300
3
1.5
1,836
Off Market
4248 N Dubarry Rd, Indianapolis, IN 46226
0.05
$140,900
3
1
1,386
Off Market
4248 Dubarry Rd, Indianapolis, IN 46226
0.05
$186,900
4
1.5
1,386
Recently Sold
8517 E 42nd St, Indianapolis, IN 46226
0.09
$150,000
5
1
1,728
Recently Sold
4143 Richelieu Rd, Indianapolis, IN 46226
0.10
$148,700
3
1
1,769
Off Market
4254 Dubarry Rd, Indianapolis, IN 46226
0.06
$180,000
3
1.5
1,200
Recently Sold
8442 E 42nd Pl, Indianapolis, IN 46226
0.08
$143,600
4
1
1,197
Off Market
4144 Richelieu Rd, Indianapolis, IN 46226
0.11
$186,700
4
1.5
2,052
Off Market
8504 Athens Ct, Indianapolis, IN 46226
0.09
$151,700
3
1
1,008
Off Market

Local Information

  • Map ViewExplore the area around 8540 E 42nd Pl.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1962
Living Area
1,008 sqft
Price/Sqft
$135
Parking
Garage

About this House

This single-family home is located at 8540 E 42nd Pl, Indianapolis, IN. 8540 E 42nd Pl is in the Far Eastside neighborhood in Indianapolis, IN and in ZIP code 46226. This property has approximately 1,008 sqft of floor space. This property has a lot size of 8755 sqft and was built in 1962.
8540 E 42nd Pl, Indianapolis, IN 46226 is a studio, 1,008 sqft single-family home in Far Eastside, built in 1962. It is currently off market. The Trulia Estimate is $136,000, with a rent estimate of $1,576/month.

Home Details for 8540 E 42nd Pl

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: 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: 8755 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$443
$131,300
Home facts updated by county records

Market trends in Far Eastside

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$180K
$5.4KMoM
Sale-to-List Price
98.4%
0.5%MoM
Price per sq ft
$117
$3MoM
Available listings
174
13MoM

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

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

LGBTQ Local Legal Protections

Frequently asked questions about 8540 E 42nd Pl

  • What is 8540 E 42nd Pl estimated to be worth?
    Trulia's estimated value for 8540 E 42nd Pl in Indianapolis, IN is $136,000.
  • 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 $180K. That is down $5.4K from the prior month.
  • What do residents say about the Far Eastside neighborhood?
    Residents describe the Far Eastside neighborhood in Indianapolis, IN as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Far Eastside, Indianapolis.
  • How big is the lot at 8540 E 42nd Pl?
    The lot at 8540 E 42nd Pl in Indianapolis, IN is about 0.20 acres (8,755 sq ft).
  • Does 8540 E 42nd Pl have a garage?
    Yes, 8540 E 42nd Pl in Indianapolis, IN has a garage.

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