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940 W 34th St, Indianapolis, IN, 46208

5beds
4baths
3,304sqft
$290,000
$88price/sqft
$2,205/moest. monthly cost
$88,200/yrincome needed

About This Home

***SELLER OFFERING CONCESSIONS FOR BUY DOWN OF INTEREST RATE*** Beautifully renovated former duplex, now a spacious 5-bedroom, 3.5-bath single-family home in the heart of Indianapolis! This thoughtfully reimagined property offers flexibility, room to grow, and modern updates throughout. Step inside to find a bright, comfortable layout featuring a large living area, updated kitchen, and ample bedroom space across multiple levels-perfect for extended living, guests, or a work-from-home setup. The home retains its original charm while incorporating today's conveniences, including refreshed bathrooms, upgraded finishes, and generous storage. With over five bedrooms, everyone can have their own private space. The 3.5 baths ensure comfort and functionality for daily living or entertaining. Outside, enjoy a low-maintenance yard and easy access to downtown, the IUPUI campus, Riverside Park, the emerging 16 Tech district, and major commuter routes. This is a great opportunity to own a versatile, spacious home in a developing area. Move-in ready and full of potential-come take a look!

Getting Around

41
WalkingCar-Dependent
36
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1920

Materials

  • Foundation: Block
  • Construction materials: Cement Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Disposal,Electric Oven,Range Hood,Refrigerator
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom2

  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Bedroom3

  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Bedroom4

  • Level: Upper
  • Area: 143
  • Dimensions: 13x11

Bedroom5

  • Level: Upper
  • Area: 143
  • Dimensions: 13x11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Features

  • Attic Access,High Speed Internet,Eat-in Kitchen,Wired for Data,Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Attic: Access Only
  • Finished area below ground: 0

Great Room

  • Level: Main
  • Area: 351
  • Dimensions: 27x13

Heating & Cooling

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

Interior Area

  • Total structure area: 3,304
  • Total interior livable area: 3,304 sqft

Kitchen

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

Laundry

  • Level: Upper
  • Area: 36
  • Dimensions: 9x4

Master Bedroom

  • Level: Main
  • Area: 234
  • Dimensions: 18x13

Property

Details

  • Parcel number: 490623146032000101
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered

Lot

  • Lot size: 6,098 sqft
  • Features: Busline,Sidewalks,Storm Sewer,Mature Trees

Parking

  • Parking features: None,Detached

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
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $1,466$17,592
Home Insurance *$222$2,664
Property Taxes $215$2,580
Electricity $302$3,634
Total$2,205$26,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,600/yr
40% on housing$66,150/yr
45% on housing$58,800/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

$88This listing

vs Other Active Listings

Avg $/sqft

ZIP 46208$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46208$118
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
2025-11-26Listed for sale$300,000
2016-09-22Sold$1,661

For Sale by Agent

AgentVicki Reed
BrokerageKeller Williams Indy Metro NE

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