815 E 40th Street

Indianapolis, IN
$ 194,900 Beds 3 Baths 2 Sq 1,999
Monthly Estimate* How much can I afford?

Step into timeless elegance in this stunning historic gem located in the heart of Indianapolis! This well-maintained home showcases exquisite original hardwood floors throughout and a layout full of classic character. The main level features a refined formal dining room and a bright kitchen, perfect for hosting and everyday living. Situated on a level lot with mature trees, the property offers a peaceful retreat while being just steps away from the Monon Trail, Red Line, and local Meridian-Kessler favorites. With its solid brick construction and unbeatable proximity to Butler University and downtown, this residence offers the perfect blend of historic charm and urban convenience. A true must-see!

Active

  • Price
  • $ 194,900
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Washington
  • Lot Size
  • 0.05 Acres
  • Zip
  • 46205
  • Sqr Footage
  • 1,999
  • Year Built
  • 1922
  • Taxes
  • $ 4112
  • Style
  • Traditional
  • MLS#
  • 22098350
Listed By: Samuel Nieves-Montanez with Trelora Realty;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling None
Possession Closing
Appliances Gas Water Heater,Refrigerator,Range Hood
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1922
Township Washington
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Hammonds
Garage Y/N No
Total Rooms 5
Full Baths 2
Status Active
Directions From I-65 N,take Exit 113 for N Meridian St. Head north on N Meridian St,turn right (east) onto E 38th St,then left (north) onto College Ave. Turn left onto E 40th St. Property will be on the right.
High School Shortridge High School
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 2091
Elementary School James Whitcomb Riley School 43
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Middle/Junior High School James Whitcomb Riley School 43
Standard Status Active
Tax Lot 168
Legal Description Hammonds Resub 37 1/2'W End L168

Interior Features

Interior Amenities Eat-in Kitchen
Basement Interior Entry
Total Fireplaces 1
Fireplace Features Masonry,Living Room
Basement (Y/N) Yes
Total Bedrooms 3
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Fencing Front Yard
Lot Features Sidewalks
Water Source Public
Foundation Details Crawl Space,Slab
Building Area Total 1999
Lot Size Acres 0.05
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School James Whitcomb Riley School 43 Elementary School
Middle School James Whitcomb Riley School 43 Middle School
High School Shortridge High School

Price History

6/22/2026 Listed $214,900
8/30/2026 5% - $204,900
9/12/2026 5% - $194,900

Property vs Zip Code Average in 46205

Price
AVG $350K
$190K
Taxes
AVG $3,924
$4,112
Year Built
AVG 1937
1922
Visits
AVG 73
117
Data Provided by Inside Real Estate®

815 E 40th Street Indianapolis, IN is a Single Family Home for sale at $194900 with 1999 sqft and a lot size of 0.05 Acres Acre(s). 815 E 40th Street Indianapolis has 3 bedrooms, 2 baths and was built in 1922. The property's zip code is 46205 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.