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$230,000   Price Analysis
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534 E 40th St
Indianapolis, IN 46205
2 bed 1 bath 2,445 SqFt ($94/SqFt)
2,614SqFt lot. Built 1917
Listed 2023-11-20, Taxes $2,087
Ⓧ USDA Ineligible
due to location

near Indianapolis

Meridian-Kessler | Welcome to this 2 -bedroom

* Sale Pending *

1 bath bungalow that is minutes from popular restaurants like RootandBone, Gallery Pastry Shop, Upland Brewing Co and several other SoBro Staples. Quality craftsmanship is shown in the professionally refinished hardwood floors, painted brick faux fireplace and built-in bookcases. Updated kitchen with stainless appliances and new engineered stone Any Quartz Nero Marquina countertops with added bar for additional dining/entertaining options. Upgraded privacy fence surrounds private deck/back yard and creates a tremendous space for outdoor entertaining. Perennial landscaping has been added and makes for an easy transition come spring. Great location within walking distance to College Ave shops, restaurants and library. Less than 5-minute drive to Broad Ripple or downtown Indy and 2 blocks to Redline!

Basement has finished bonus room that has a ceramic tile floor, closet and is being used for a media/exercise room.


Presented by Susan Webb at
Homes & Homesites.
Listing Agent Photo

Property MLS #21953567 from MIBOR

Bedrooms: 2
Bedrooms On Main Level: 2
Primary Bedroom Dimensions: 12 x 12
Bedroom 2 Dimensions: 12 x 11
Primary Bedroom Level: Main
Bedroom 2 Level: Main

Total Rooms: 6
Basement Features: Daylight/Lookout Windows, Finished, Finished Ceiling, Finished Walls, Storage Space
Extra Room-3 Dimensions: 16 x 14
Living Room Dimensions: 18 x 13
Extra Room-3 Level: Basement
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Breakfast Bar
Built In Book Shelves
Hardwood Floors
Screens Some
Wood Work Painted

Gas Water Heater
Electric Oven
Refrigerator
Laundry Features: In Basement

Cooling Features: Central Electric
Fireplace Features: Living Room
Heating Features: Forced Air, Gas
Number of Fireplaces: 1

Dining Area Description: Formal Dining Room
Dining Room Dimensions: 10 x 15
Dining Room Level: Main
Kitchen Dimensions: 17 x 9
Kitchen Features: Kitchen Galley, Kitchen Some Updates
Kitchen Level: Main

Fencing: Privacy
Patio And Porch Features: Covered Porch, Deck Main Level

Lot Description: Sidewalks
Lot Size Acres: 0.06
Lot Size Square Feet: 2613

Parking Features: Street Only

High School District: Indianapolis Public Schools

James Whitcomb Riley School 43 is a public elementary and middle school located approximately 0.7 miles away.
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St. Joan of Arc Catholic School is a private elementary and middle school located approximately 0.3 miles away.
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Shortridge High School is a public high school located approximately 0.8 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Pending
County: Marion
Directions: College Avenue to 40th Street, West to home.
Tax Year: 2023
Source Property Type: Residential
Area: 4903 - Marion - Washington
Source Neighborhood: Northern Heights
Parcel Number: 490613109017000801
Postal Code Plus 4: 2774
Subdivision: Northern Heights
Township: Washington
Property Subtype: Single Family Residence
Lot Number: 26
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$148,200 + $19,800
$168,000
$2,087
2021$148,200 + $19,800
$168,000
$1,982
2020$150,800 + $19,800
$170,600
$4,016
2019$146,800 + $19,800
$166,600
$3,997
2018$69,900 + $19,800
$89,700
$2,200
2017$68,900 + $19,800
$88,700
$1,945
2016$44,100 + $19,800
$63,900
$1,388
2015$44,100 + $19,800
$63,900
$1,407
2014$38,300 + $19,800
$58,100
$1,195
2013$38,300 + $19,800
$58,100
$1,207
2012$36,800 + $19,800
$56,600
$1,269
2011$122,700 + $10,800
$133,500
$2,775
2010$122,700 + $10,800
$133,500
$2,930
2008$97,200 + $10,800
$108,000
$3,016
2008$126,700 + $10,800
$137,500
$3,016
2006$44,700 + $10,800
$55,500
$1,471

Price Changed 2024-04-20
$230,000
MIBOR
Price Changed 2024-04-04
$245,000
MIBOR
Price Changed 2024-03-08
$249,000
MIBOR
Price Changed 2024-01-28
$255,000
MIBOR
Price Changed 2023-12-06
$264,900
MIBOR
Listed 2023-11-20
$269,900
MIBOR
Sold 2021-03-19
$162,000
Public Record
Listing removed 2021-03-18
$164,999
MIBOR
Relisted 2021-01-06
$164,999
MIBOR
Listing removed 2021-01-01
$0
MIBOR
Price Changed 2020-10-24
$164,999
MIBOR
Price Changed 2020-10-09
$169,999
MIBOR
Price Changed 2020-09-22
$175,000
MIBOR
Price Changed 2020-08-22
$180,000
MIBOR
Listed 2020-07-31
$190,000
MIBOR
Sold 2012-07-25
$46,000
Public Record

Total Square Feet Living: 2445
Year Built: 1917
BelowGradeFinishedArea: 1184
Construction Materials: Vinyl Siding
Direction Faces: South
Foundation Details: Block, Crawl Space
Levels: One
Property Age: 107
Property Condition: Updated/Remodeled
Total Area Main: 1261
Architectural Style: Bungalow

Electric: 200+ Amp Service
Electricity Connected
Gas
Sewer Connected
Water Connected
Water Source: Municipal/City

Other Equipment: Smoke Alarm, Sump Pump
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.