815 E 40th St, Indianapolis, IN, 46205
About This Home
Step into timeless elegance in this stunning historic gem located in the heart of Indianapolis! This well-maintained home showcases exquisite original hardwood floors throughout and a layout full of classic character. The main level features a refined formal dining room and a bright kitchen, perfect for hosting and everyday living. Situated on a level lot with mature trees, the property offers a peaceful retreat while being just steps away from the Monon Trail, Red Line, and local Meridian-Kessler favorites. With its solid brick construction and unbeatable proximity to Butler University and downtown, this residence offers the perfect blend of historic charm and urban convenience. A true must-see!
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1922
Materials
- Foundation: Crawl Space,Slab
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Refrigerator,Range Hood
Basement
- Has basement: Yes
- Basement: Interior Entry
Bedroom2
- Level: Upper
- Area: 120
- Dimensions: 12x10
Bedroom3
- Level: Upper
- Area: 169
- Dimensions: 13x13
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 168
- Dimensions: 14x12
Features
- Eat-in Kitchen
- Number of fireplaces: 1
- Fireplace features: Masonry,Living Room
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,999
- Total interior livable area: 1,999 sqft
Kitchen
- Level: Main
- Area: 160
- Dimensions: 16x10
Living Room
- Level: Main
- Area: 240
- Dimensions: 20x12
Master Bedroom
- Level: Main
- Area: 168
- Dimensions: 14x12
Property
Details
- Parcel number: 490613147060000801
- Horse amenities: None
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Fenced,Front Yard
Lot
- Lot size: 2,178 sqft
- Features: Sidewalks
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
- Heat Wave
- 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 | $1,086 | $13,032 |
| Home Insurance * | $144 | $1,728 |
| Property Taxes | $373 | $4,476 |
| Electricity | $184 | $2,212 |
| Total | $1,787 | $21,444 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow 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 |
|---|---|---|
| 2026-06-22 | Listed for sale | $214,900 |
| 2022-05-02 | Listing removed | -- |
| 2022-04-27 | Listed for rent | $1,100 |
| 2022-04-07 | Listing removed | -- |
| 2022-03-09 | Price change | $1,200 |
| 2022-02-01 | Listed for rent | $1,375 |
| 2020-11-23 | Sold | $136,013 |
| 2020-11-04 | Pending sale | $950,000 |
| 2020-11-04 | Listed for sale | $950,000 |
| 2020-05-13 | Listing removed | $1,199 |
| 2020-05-08 | Price change | $1,199 |
| 2020-04-18 | Listed for rent | $1,850 |
| 2020-03-04 | Listing removed | $1,150 |
| 2020-02-13 | Price change | $1,150 |
| 2020-01-16 | Listed for rent | $1,299 |
| 2018-10-17 | Listing removed | $1,100,000 |
| 2018-07-16 | Pending sale | $1,100,000 |
| 2018-05-25 | Listed for sale | $1,100,000 |
| 2017-02-16 | Listing removed | $775 |
| 2017-01-30 | Listed for rent | $775 |
| 2014-04-29 | Listing removed | $745 |
| 2014-04-18 | Listed for rent | $745 |
| 2013-07-09 | Listing removed | $785 |
| 2013-06-30 | Price change | $785 |
| 2013-05-24 | Listed for rent | $799 |
| 2009-04-13 | Sold | $4,500 |
| 2008-01-10 | Sold | $31,500 |
| 2004-12-23 | Sold | $25,000 |
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