5345 E 40th St, Indianapolis, IN 46226

4 beds, 1.5 baths, 1,766 sqft
Sold: $40,000
Sold on 11/14/13
Zestimate®: $45,920
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My Notes
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Sprawling brick Ranch on nice wooded lot in Lawrence area. Great starter home or investment property. Eat-in Kitchen, Family Room with fireplace, ceiling fan. Back yard with mature trees fully fenced-in.
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39 forecasted views of this home
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Facts
  • Lot: 6,969 sqft
  • Single Family
  • Built in 1960
  • Cooling: Other
  • Heating: Forced air
  • Last sold: Nov 2013 for $40,000
  • Price/sqft: $23
Features
  • Ceiling Fan
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood
  • Parking: Garage - Detached, Off street, 1 space, 550 sqft
Additional Features
  • There are currently no appliances in this property.
Appliances Included
  • Dryer
  • Refrigerator
  • Washer
Room Types
  • Breakfast nook
  • Family room
  • Laundry room
Construction
  • Exterior material: Brick
  • Roof type: Other
  • Room count: 7
  • # Stories: 1.0
  • Structure type: Ranch
  • Unit count: 1
Other
  • Floor size: 1,766 sqft
  • Heating: Gas
  • Last remodel year: 1960
  • Laundry: In Unit
  • Lot depth: 144
  • Lot width: 50
  • Parcel #: 490715123015000401
  • Zillow Home ID: 1147262
Home Values
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$45,920
+$0 Last 30 daysd
$38K
$52K
Zestimate range
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$869/mo
+$7 Last 30 daysd
$695
$1.2K
Zestimate range
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Neighborhood for 5345 E 40th Street

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Zillow predicts 46226 home values will decrease 0.3% next year, compared to a 2.4% increase for Indianapolis Metro as a whole. Among 46226 homes, this home is valued 27.7% less than the midpoint (median) home, and is valued 59.3% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 46226 market, the number of foreclosures waiting to be sold fell 77.3% in the last year. The number of unsold foreclosures is 226.2% higher than in Indianapolis Metro, and 104.5% higher than the national average. This higher local number may prevent 46226 home values from rising as quickly as other regions in Indianapolis Metro.

Learn more about forecast calculations or 46226 home values.
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