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551 E 40th Street

Indianapolis, IN 46205
  • $415,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 22071469
New On Site 5 Days Ago
UPDATED: 16 min ago
$415,000
  • 4
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,782
    SQFT
  • $233
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1915
County:

Description

Welcome to 551 E 40th Street, a beautifully renovated home in the heart of Indianapolis' desirable Midtown area. Originally built in 1915, this home perfectly blends historic character with modern updates. Step inside to discover a bright and open floor plan featuring four spacious bedrooms and two full bathrooms, ideal for today's lifestyle. The brand-new kitchen shines with modern cabinetry, sleek countertops, and all new appliances, creating the perfect space for cooking and entertaining. Both bathrooms have been completely updated with stylish finishes and contemporary fixtures. Throughout the home, you'll find refinished hardwood floors, adding warmth and timeless charm, complemented by new windows that bring in abundant natural light. A new roof and siding ensures peace of mind for years to come. Every detail has been thoughtfully designed to offer comfort, functionality, and style. Conveniently located near downtown Indianapolis, popular restaurants, shopping, and parks, this home is move-in ready and waiting for its next owner to enjoy all it has to offer.

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-11-10T09:24:46.123. 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.
Click here for MLS GRID DMCA Notice
www.theindypropertysource.com/homes/169575131
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551 E 40th Street Indianapolis, IN 46205

  • Price: $415,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 16 min ago
  • MLS #: 22071469
4
Beds
2
Baths
0
½ Baths
0.09
Acres
1,782
SQFT
$233
$/SQFT
1915
Built
Neighborhood:
Ardmore
County:
Marion
Area:
4903 - Marion - Washington
Middle School:
James Whitcomb Riley School 43
High School:
Arsenal Technical High School
School District:
Indianapolis Public Schools
Property Description
Welcome to 551 E 40th Street, a beautifully renovated home in the heart of Indianapolis' desirable Midtown area. Originally built in 1915, this home perfectly blends historic character with modern updates. Step inside to discover a bright and open floor plan featuring four spacious bedrooms and two full bathrooms, ideal for today's lifestyle. The brand-new kitchen shines with modern cabinetry, sleek countertops, and all new appliances, creating the perfect space for cooking and entertaining. Both bathrooms have been completely updated with stylish finishes and contemporary fixtures. Throughout the home, you'll find refinished hardwood floors, adding warmth and timeless charm, complemented by new windows that bring in abundant natural light. A new roof and siding ensures peace of mind for years to come. Every detail has been thoughtfully designed to offer comfort, functionality, and style. Conveniently located near downtown Indianapolis, popular restaurants, shopping, and parks, this home is move-in ready and waiting for its next owner to enjoy all it has to offer.
Exterior Features

Architectural Style Traditional Construction Materials BrickWood Siding Foundation Details Brick/Mortar Garage YN No Horse Amenities None Levels One and One Half Lot Information Corner LotNot In SubdivisionSidewalks Parking Features On Street Porch CoveredPorch Waterfront YN No

Interior Features

Appliances OtherRefrigerator Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Building Area Total 3006 Cooling Central Air Eating Area Formal Dining Room Fireplace Features Non FunctionalLiving Room Fireplaces Total 1 Full Baths Basement 0 Full Baths Main 1 Full Baths MU 2 Full Baths Upper 1 Half Baths Basement 0 Half Baths Main 0 Half Baths MU 0 Half Baths Upper 0 Heating Forced AirNatural Gas Interior Features Attic StairwayBuilt-in FeaturesVaulted Ceiling(s) Main Level Bedrooms 2 Main Level Sq Ft 1224 Rooms Primary Bedroom (Main Level 16x11) Dining Room (Main Level 15x12) Kitchen (Main Level 12x12) Bedroom 2 (Main Level 12x13) Living Room (Main Level 19x13) Bedroom 3 (Upper Level 11x12) Bedroom 4 (Upper Level 13x13) Rooms MU 7 Rooms Total MU 7 Spa YN No Sq Ft MU 1782 Upper Sq Ft 558

Property Features

Accessibility Features YN No Acres <1/4 Acre Association YN No Dpr YN Yes Electric 100 Amp Service Laundry In Basement New Construction YN No Possession Negotiable Property Attached YN No Property Sub Type Single Family Residence Rooms Total 7 Semi Annual Property Tax Amt 1179 Solid Waste No Tax Exemption Homestead Tax Exemption Tax Year 2024 Township Washington Transaction Type Sale Water Source Public

Listing provided courtesy of eXp Realty LLC: . © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-11-10T09:24:46.123. 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.
Click here for MLS GRID DMCA Notice
 
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