2 months on rocket

Sale Pending

5345 E 40th St, Indianapolis, IN, 46226

$173,000

Home List Price

$2,054*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,925 SqFt
$90/SqFt
House
Schools Nearby

Location

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5345 E 40th St, Indianapolis$173,000

Buyer Closing Credits

$2,054*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1960
HeatingForced Air
CoolingCentral Air
FireplaceWoodburning Fireplce
MLS #21964300
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 5345 E 40th St

Welcome to this charming home that offers a cozy fireplace, creating the perfect ambiance for relaxation. The natural color palette throughout the property exudes a sense of tranquility, while the nice backsplash in the kitchen adds a touch of modernity. With several other rooms available for flexible living space, you have the freedom to customize each area to suit your needs. The primary bathroom features good under sink storage, ensuring a clutter-free environment. Outside, the fenced-in backyard provides privacy and security. The fresh interior paint breathes new life into the home, enhancing its appeal. While partial flooring replacement in some areas reflects the attention to detail. Don't miss the opportunity to make this your own retreat.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Living Area: 1,925 SqFt

Listing Office:

  • Office Name: Opendoor Brokerage LLC
  • Office Email: Sfarrar@opendoor.com
  • Listing Agent: Shelby Farrar

Interior Features

Interior Information:

  • Appliances: Electric Oven
  • Basement: No
  • Interior: Attic Access, Screens Some
  • Fireplace: Woodburning Fireplce

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Rousseau Mc Clellan 91, Public Magnet Grades KG-8
  • Merle Sidener Gifted Academy, Public District Grades 2-8
  • Center For Inquiry II, Public District Grades KG-8
  • Floro Torrence School 83, Public District Grades KG-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: Head southwest on Pendleton Pike toward Pendleton Way Slight right onto E 38th St Turn right onto N Arlington Ave Turn left onto E 40th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $173,000
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $1,924
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

5345 E 40th St vs Indianapolis

71 DAYS ON ROCKET

+26 Days

$173,000

-$66.7K Less

$90/SqFt

-$45 Less

KEY TAKEAWAY

This property is $66.7K less than the Median Sold Price and $45/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21964300

Listing Office:

  • Office Name: Opendoor Brokerage LLC
  • Office Email: Sfarrar@opendoor.com
  • Listing Agent: Shelby Farrar

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 11:46:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 03, 2013Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,924$81,500
2019$1,890$81,500
2018$1,803$81,500
2017$1,714$80,600

History based on county public records data.

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$931

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$585

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1045029
1
/10

  • Floro Torrence School 83

  • 5050 E 42nd St

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-1045030
2
/10

  • Theodore Potter School 74

  • 1601 E 10th St

  • 4.39 miles

  • Public District Grades KG-6

school-card-donut-1045031
4
/10

  • Ernie Pyle School 90

  • 3351 W 18th St

  • 7.77 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1045032
3
/10

  • Rousseau Mc Clellan 91

  • 5111 Evanston Ave

  • 2.81 miles

  • Public Magnet Grades KG-8

school-card-donut-1045033
9
/10

  • Merle Sidener Gifted Academy

  • 2424 Kessler Boulevard East Dr

  • 3.29 miles

  • Public District Grades 2-8

school-card-donut-1045034
10
/10

  • Center For Inquiry II

  • 440 E 57th St

  • 4.35 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,357. Most Indianapolis, IN residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5345 E 40th St

What is the listing price of this property?

The listing price of 5345 E 40th St property is $173,000.

What type of property is this?

The property 5345 E 40th St is a house located in Indianapolis, Indiana, 46226.

Is this property for sale now?

Sale Pending: 5345 E 40th St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5345 E 40th St are:
Floro Torrence School 83: GreatSchools Rating 1/10
Theodore Potter School 74: GreatSchools Rating 2/10
Ernie Pyle School 90: GreatSchools Rating 4/10
Rousseau Mc Clellan 91: GreatSchools Rating 3/10
Merle Sidener Gifted Academy: GreatSchools Rating 9/10
Center For Inquiry II: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,924 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 3, 2013 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5345 E 40th St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5345 E 40th St is 1,925 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5345 E 40th St is 1960.

Rocket Homes›Indiana›Marion County›Indianapolis›46226›5345 E 40th St

This home is located at 5345 E 40th St in Indianapolis, IN and zip code 46226 in the Devington neighborhood. This 1,925 square foot home, which was built in 1960, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $173,000.

In March 2024, from all listings sold in Indianapolis, IN there were more than 225 sold above asking price, over 502 sold below and more than 262 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between February 2024 and March 2024 increased by 7.4%. In March 2024 median list price was $239,776 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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