Highgarden

Call to Schedule a Showing

(317) 900-4552

(317) 900-4552

505 W 40Th St, Indianapolis, IN 46208

$250,000

Charming two-story home featuring a cozy screened front porch and mature landscaping in a residential area at 505 W 40Th St, Indianapolis, IN 46208

  • Bedrooms

    N/A

  • Baths

    N/A

  • Sq. Feet

    N/A

  • Year Built

    1915

  • Days on Market

    4

  • $/SqFt

Message Agent
Schedule Tour

42 Photos

  • Charming two-story home featuring a cozy screened front porch and mature landscaping in a residential area at 505 W 40Th St, Indianapolis, IN 46208
  • Charming two-story home featuring a cozy screened front porch and mature landscaping in a residential area at 505 W 40Th St, Indianapolis, IN 46208
  • A detailed floor plan of the home's main level shows layout with kitchen, dining, great room and staircase at 505 W 40Th St, Indianapolis, IN 46208
  • A detailed floor plan of the home's upper level shows layout with 3 bedrooms, hallway and bathroom at 505 W 40Th St, Indianapolis, IN 46208
  • Panoramic aerial view of a neighborhood with mature trees, green spaces, and community amenities at 505 W 40Th St, Indianapolis, IN 46208
  • Overhead view of a residential area featuring tree-lined streets and a mix of home styles at 505 W 40Th St, Indianapolis, IN 46208
  • Empty living room featuring hardwood floors, a mirror, and large windows, ready for personalization at 505 W 40Th St, Indianapolis, IN 46208
  • View of an empty living room with paneled walls and a vintage chandelier, awaiting updates at 505 W 40Th St, Indianapolis, IN 46208
  • Open living room displaying doorways leading to the kitchen with unique red tiles and white appliances at 505 W 40Th St, Indianapolis, IN 46208
  • Vintage living room offering clear views into adjacent rooms and a glimpse of a bright red kitchen at 505 W 40Th St, Indianapolis, IN 46208
  • Spacious room showcasing multiple doorways and a clear view into a sunlit room beyond at 505 W 40Th St, Indianapolis, IN 46208
  • Retro kitchen featuring unique red and black tile accents, vintage cabinets, and a classic stove at 505 W 40Th St, Indianapolis, IN 46208
  • Close-up of a vintage kitchen featuring pink tile, a retro booth, and classic white appliances at 505 W 40Th St, Indianapolis, IN 46208
  • Unfinished basement with exposed ceiling, a partially built bar, and vintage decor, perfect for remodeling at 505 W 40Th St, Indianapolis, IN 46208
  • Spacious living room featuring hardwood floors, two windows, and wood paneling at 505 W 40Th St, Indianapolis, IN 46208
  • Bright living room with hardwood floors, neutral walls, and wood-paneled accent wall at 505 W 40Th St, Indianapolis, IN 46208
  • Inviting living room showcasing hardwood floors, light-toned walls, and multiple windows at 505 W 40Th St, Indianapolis, IN 46208
  • Sun-lit bedroom featuring hardwood floors and a bright window providing natural light at 505 W 40Th St, Indianapolis, IN 46208
  • Cozy bedroom featuring hardwood floors, light walls, and a bright window with pink shutters at 505 W 40Th St, Indianapolis, IN 46208
  • Bedroom featuring hardwood floors, light walls, with a door leading to another room at 505 W 40Th St, Indianapolis, IN 46208
  • Bright bedroom featuring hardwood floors, light walls, and a view of an adjacent room at 505 W 40Th St, Indianapolis, IN 46208
More Photos \/
  • Bedroom showcasing hardwood floors, light walls, and views of other rooms at 505 W 40Th St, Indianapolis, IN 46208
  • Bedroom featuring hardwood floors, wood paneling, a bright window, and access to other rooms at 505 W 40Th St, Indianapolis, IN 46208
  • Cozy bedroom with hardwood floors, wood paneling, a window, and doorway access to another room at 505 W 40Th St, Indianapolis, IN 46208
  • This bedroom features hardwood floors, wood trim, and neutral wall colors for an inviting, classic feel at 505 W 40Th St, Indianapolis, IN 46208
  • The bedroom showcases hardwood floors, wood trim, and neutral wall colors offering a blend of comfort and charm at 505 W 40Th St, Indianapolis, IN 46208
  • This bedroom has hardwood floors, wood trim, a window with open shutters and neutral wall colors creating a classic feel at 505 W 40Th St, Indianapolis, IN 46208
  • This bedroom offers hardwood floors, and bright natural light, for a comfortable and inviting living space at 505 W 40Th St, Indianapolis, IN 46208
  • The bedroom showcases hardwood floors, wood trim, and neutral wall colors adding to its overall comfort and style at 505 W 40Th St, Indianapolis, IN 46208
  • This bedroom has hardwood floors, wood trim, and neutral wall colors offering a blend of comfort and style at 505 W 40Th St, Indianapolis, IN 46208
  • This bedroom features hardwood floors, bright natural light, and a ceiling fan providing a comfortable and inviting living space at 505 W 40Th St, Indianapolis, IN 46208
  • The bedroom features hardwood floors, a ceiling fan, and natural light for a comfortable and welcoming atmosphere at 505 W 40Th St, Indianapolis, IN 46208
  • This bedroom showcases hardwood floors, wood trim, and neutral wall colors for an inviting, classic appeal at 505 W 40Th St, Indianapolis, IN 46208
  • The bedroom showcases hardwood floors, wood trim, and neutral wall colors blending comfort with classic charm at 505 W 40Th St, Indianapolis, IN 46208
  • Bright bedroom featuring hardwood floors, ceiling fan, and doorway to an adjoined bathroom with claw foot tub at 505 W 40Th St, Indianapolis, IN 46208
  • A well lit bedroom with hardwood floors, a ceiling fan and two windows providing a generous amount of natural light at 505 W 40Th St, Indianapolis, IN 46208
  • Spacious living room with wood paneled walls, hardwood floors, and large windows for natural light at 505 W 40Th St, Indianapolis, IN 46208
  • Living room featuring paneled walls, hardwood floors, ceiling lighting, and a doorway to another room at 505 W 40Th St, Indianapolis, IN 46208
  • Hardwood floor living room features a brick fireplace, paneled walls, ceiling light, and doorway to an adjoined room at 505 W 40Th St, Indianapolis, IN 46208
  • Cozy living room with hardwood floors, built-in cabinets, a brick fireplace, and wood-paneled walls at 505 W 40Th St, Indianapolis, IN 46208
  • Dining room with hardwood floors, paneled walls, ceiling lighting, and a window for natural light at 505 W 40Th St, Indianapolis, IN 46208
  • Living room with hardwood floors, wood paneled walls, and a doorway to an adjoined room at 505 W 40Th St, Indianapolis, IN 46208
Less Photos /\

Tour This Home

Mon
28 Apr
Tue
29 Apr
Wed
30 Apr
Thu
1 May
Fri
2 May
Sat
3 May
Sun
4 May
Schedule Tour

Home Description

Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood. Minutes from mid-town, Broad Ripple, interstate access, parks, schools, and much more! Enclosed, private back yard and separate enclosed front porches. 2-car detached garage for off-street parking. Appears to have been previously been 3 Bedrooms per side, but now converted to one unit having an extra large Primary Bedroom. 3 Bedroom/1 Bathroom and 2 Bedroom/1.5 Bathrooms on each side. Ability to finish off full basement space. Original woodwork, ornate brick fire places on each side, clawfoot tubs, raised ceilings and tons of Old World charm. Could be a great house hack to live in one side and pay the mortgage on the other; or an amazing long-term buy and hold. This is a must see!

  • MLS #: 22032052
  • Street Address: 505 W 40Th St
  • City: Indianapolis
  • Zip: 46208
  • County: Marion
  • Subdivision: Butler Tarkington
  • Property Type: Multi-Family
  • Unit Count: 2
  • Basement: Yes
  • Garage Spaces: 2
  • Acres: <1/4 Acre
  • Lot Description: Access,City Lot,Corner Lot,Mature Trees,Sidewalks
  • Fencing: Fence Full Rear

Available now at $250,000

Approximate Room Sizes / Descriptions

  • : chrisprice@indypropertysource.com
Bank Owned

Map | Street | Birds Eye

Print Map | Driving Directions

School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$1,242*
  • Semi Annual Taxes:$1,472

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 900-4552 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM

Listing Courtesy of Keller Williams Indy Metro S. For information or to schedule a viewing of this property (MLS# 22032052), call: 317-900-4552

505 W 40Th St, Indianapolis IN is a single family home of 0 sqft and is currently priced at $250,000 . This single family home has 0 bedrooms. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Rocky Ripple, Bellaire and Davis Sugar Grove are nearby neighborhoods. MLS 22032052 has been posted on this site since 4/25/2025 (today).

2025

Message Agent

Send

Schedule a tour

505 W 40Th St Indianapolis IN 46208

Choose a day and time

You Requested

We'll be in touch shortly to confirm your tour time and other details. Please let us know how to reach you.

Schedule Tour

CLOSE

Your message has been sent!

The agent will be in touch with you in just a minute.