1440 Herschell Ave, Indianapolis, IN, 46202
About This Home
RENTED FOR $1,425/MONTH, this West Indianapolis single-family is generating income on day one with a lease in place through September 2026. Walking distance to Riverside Park, this is a low entry point at $115,000 with a reliable tenant already in place - an easy add to any rental portfolio.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Crawl Space
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None
Bedroom2
- Level: Main
- Area: 144
- Dimensions: 12x12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 100
- Dimensions: 10x10
Features
- Attic Access
- Attic: Access Only
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 832
- Total interior livable area: 832 sqft
Kitchen
- Level: Main
- Area: 120
- Dimensions: 12x10
Laundry
- Level: Main
- Area: 60
- Dimensions: 10x6
Living Room
- Level: Main
- Area: 120
- Dimensions: 12x10
Master Bedroom
- Level: Main
- Area: 144
- Dimensions: 12x12
Property
Details
- Parcel number: 490627127090000101
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 5,662 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $546 | $6,552 |
| Home Insurance * | $51 | $612 |
| Property Taxes | $80 | $960 |
| Electricity | $184 | $2,212 |
| Total | $861 | $10,332 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Listed for sale | $108,000 |
| 2026-07-02 | Pending sale | $108,000 |
| 2026-06-22 | Price change | $108,000 |
| 2026-06-04 | Listed for sale | $112,000 |
| 2026-05-11 | Pending sale | $112,000 |
| 2026-04-24 | Price change | $112,000 |
| 2026-04-14 | Pending sale | $115,000 |
| 2026-04-01 | Listed for sale | $115,000 |
| 2022-09-17 | Listing removed | -- |
| 2022-09-12 | Listed for rent | $995 |
| 2021-12-22 | Listing removed | -- |
| 2021-12-15 | Listed for rent | $995 |
| 2021-07-02 | Listing removed | -- |
| 2021-06-12 | Listed for rent | $995 |
| 2021-04-22 | Sold | $45,000 |
| 2021-04-03 | Pending sale | $49,900 |
| 2021-04-01 | Listed for sale | $49,900 |
View on Zillow