Back 422 W 40th St
Off Market

422 W 40th St

Indianapolis IN 46208

5
4
3729 sq. ft.
10803 sq. ft.
Single-Family
Last sold for $437,000
Dan HuberDan Huber, last sold this property on 23 December 2025 after 67 days on market.

Overview

Completely renovated 5-bedroom, 3 1/2 bath home located near Butler University and just minutes north of downtown Indy. Perfect for an Airbnb or rental property. Updated Kitchen includes quartz countertops, Stainless Steel appliances, new cabinets and a walk-in pantry. Spacious Living Room is a great meeting area with a gas fireplace and built-in bookshelves. New windrows throughout. Main level includes a primary bedroom, home office and laundry room. Upstairs you'll find a loft area and 4 more bedrooms, including a second primary bedroom with ensuite that includes a walk-in shower and separate tub/shower. Fenced-in backyard with a patio and oversized Trex deck and plenty of parking and room to build a garage.

Features

5 bedrooms
4 bathrooms
3729 sq. ft. floor area
10803 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 422 W 40th St is $380k.

Median value
$380k
Estimated value range
$196.5k - $1.47m
Median days on market
9
Estimated value trend
-41%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 422 W 40th St

2025
Sold
$437,000
23 Dec 2025 by Dan Huber, of Compass Indiana, LLC
2023
Sold
$360,000
28 Jun 2023 by Jennifer Mattos, of Garnet Group
2020
Sold
$60,000
16 Oct 2020 by Anthony Ostler, of RE/MAX Centerstone

Happy sellers in Indianapolis

92%
92% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Indianapolis over the last 12 months.

Local market activity for 5 bedroom single-family properties in Indianapolis

In the last 12 months, 30 five-bedroom single-family properties similar to 422 W 40th St, have been sold.

This represents a 40% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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