551 E 40th Street Indianapolis, IN 46205
Listing Courtesy of: MIBOR / eXp Realty LLC

  551 E 40th Street Indianapolis, IN 46205

Pending (131 Days)
$375,000 (USD)
4
BED
2
BATH
1,782
SQFT

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.

MLS #:
22071469
Taxes
$1,179(2024)
Lot Size
3,876 SQFT
Type
Single-Family Home
Year Built
1915
School District
Indianapolis Public Schools
County
Marion County
Community
Washington

Listed By

Andrew Hehman, eXp Realty LLC
Source
MIBOR
Last checked Mar 17 2026 at 9:05 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Refrigerator
Subdivision
  • Ardmore
Property Features
  • Fireplace: 1
  • Fireplace: Living Room
  • Fireplace: Non Functional
  • Foundation: Brick/Mortar
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air
Basement Information
  • Unfinished
Exterior Features
  • Brick
  • Wood Siding
School Information
  • Middle School: James Whitcomb Riley School 43
  • High School: Arsenal Technical High School
Stories
  • 2
Living Area
  • 1,782 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 14, 2026
Price Changed
$375,000
-3%
-$9,900
Jan 06, 2026
Price Changed
$384,900
-2%
-$7,100
Dec 04, 2025
Price Changed
$392,000
-1%
-$3,000
Nov 19, 2025
Price Changed
$395,000
-1%
-$4,900
Nov 11, 2025
Price Changed
$399,900
-4%
-$15,100
Nov 04, 2025
Listed
$415,000
-
-
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/20/23 06:55