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940 N Chester Ave, Indianapolis, IN, 46201

3beds
2baths
2,640sqft
$239,900
$91price/sqft
$2,143/moest. monthly cost
$85,720/yrincome needed

About This Home

Beautifully renovated and truly move-in ready, this 3-bedroom, 2-full-bath home offers the style, comfort, and updates today's buyers are looking for. Every space has been refreshed with care, creating a home that feels clean, polished, and ready to enjoy from day one. The updated kitchen, renovated bathrooms, new flooring, fresh paint, and updated fixtures give the home a crisp, finished look throughout. The spacious living areas feel bright and inviting, while the three bedrooms provide flexibility for family, guests, or a home office. With two full bathrooms and quality improvements from top to bottom, this home stands apart from the typical renovation. Conveniently located near downtown Indianapolis, shopping, dining, and major roadways, it offers an excellent opportunity to own a beautifully finished home without the work or expense of remodeling. Schedule a showing and see the quality for yourself!

Getting Around

66
WalkingSomewhat Walkable
35
TransitSome Transit
59
BikeBikeable

Construction

Condition

  • Property condition: Fixer
  • Year built: 1925

Materials

  • Foundation: Block
  • Construction materials: Vinyl With Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Dining Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Features

  • Attic Access,Hardwood Floors
  • Flooring: Hardwood
  • Attic: Access Only
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,640
  • Total interior livable area: 2,640 sqft

Kitchen

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Living Room

  • Level: Main
  • Area: 192
  • Dimensions: 12 X 16

Master Bedroom

  • Level: Upper
  • Area: 196
  • Dimensions: 14x14

Property

Details

  • Parcel number: 491004141243000101
  • Horse amenities: None

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 5,227 sqft
  • Features: Not Applicable

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$238$2,856
Property Taxes $450$5,400
Electricity $242$2,904
Total$2,143$25,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,474/yr
40% on housing$64,290/yr
45% on housing$57,146/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 46201$113
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46201$92
Marion County$131

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

DateEventPrice
2026-06-30Listed for sale$239,900
2025-06-17Sold$103,500
2025-05-02Pending sale$110,000
2025-04-24Listed for sale$110,000
2025-04-22Listing removed$110,000
2025-04-14Price change$110,000
2025-03-15Pending sale$119,900
2025-03-10Price change$119,900
2025-03-05Price change$124,900
2025-03-03Listed for sale$128,900
2025-02-19Pending sale$128,900
2025-02-14Price change$128,900
2025-02-06Listed for sale$135,000
2023-12-21Sold$87,000
2023-11-16Pending sale$90,000
2023-11-05Price change$90,000
2023-10-10Listed for sale$100,000

For Sale by Agent

AgentCharlene Gaard
BrokerageNo Limit Real Estate, LLC

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