Skip to content
Skip to content
TopHapOpen in map
Multi-Family Dwellings (Generic, Any Combination)Residential

715 E 40TH ST

INDIANAPOLIS, IN 46205
3
Beds
1
Baths
1,510 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3,920 ft²
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,511 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$316,500 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$25,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$290,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$316,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$316,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Multi-Family Dwellings (Generic, Any Combination)
CountyMarion
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1950
Lot (acres)The size of the land the home sits on, from county records.0.09
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Phalen Leadership Academy at Louis B. Russell 48B
Elementary · Grades KG–6 · 0.7 mi
H
Shortridge High SchoolD
High · Grades 9–12 · 0.9 mi
M
KIPP Indy College Prep Middle SchoolD
Middle · Grades 6–8 · 1.4 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46205These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.28,148
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,340 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,510
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,995
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

715 E 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Smaller than 66% of homes in Meridian Kessler
  • Has a smaller lot than 93% of homes in Meridian Kessler
  • Older than 84% of homes in Marion County

How it measures up in Indianapolis 46205

The dot is this home. The mark in the middle is the typical home in Indianapolis 46205.

Living area1,510 ft²
SmallerTypical 1,576 ft²Bigger

Bigger than 47% of homes nearby

Lot size3,920 ft²
SmallerTypical 0.14 acBigger

Bigger than 8% of homes nearby

Year built1925
OlderTypical 1925Newer

Newer than 53% of homes nearby

How 715 E 40th St ranks against every home in each area.
MeasureThis homeMeridian KesslerIndianapolis 46205Marion County
Living areabigger than1,510 ft²34% of homes47% of homes50% of homes
Lot sizebigger than3,920 ft²7% of homes8% of homes8% of homes
Year builtnewer than192558% of homes53% of homes16% of homes

About 715 E 40th St

When did 715 E 40th St, Indianapolis, IN last sell?

715 E 40th St, Indianapolis, IN last sold on Aug 11, 2006, according to the county's recorded deed.

How big is 715 E 40th St, Indianapolis, IN?

715 E 40th St, Indianapolis, IN has 3 bedrooms, 1 bathrooms, 1,510 square feet of living space and a 0.09-acre lot.

When was 715 E 40th St, Indianapolis, IN built?

715 E 40th St, Indianapolis, IN was built in 1925, making it 101 years old. The building has 2 stories.

What schools serve 715 E 40th St, Indianapolis, IN?

715 E 40th St, Indianapolis, IN is assigned to Phalen Leadership Academy at Louis B. Russell 48 (elementary), rated B; Shortridge High School (high), rated D; KIPP Indy College Prep Middle School (middle), rated D. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 715 E 40th St, Indianapolis, IN compare to other homes in Indianapolis 46205?

Among the 10,207 homes in Indianapolis 46205, it is bigger than 47% of them (1,510 ft² against a typical 1,576 ft²), its lot is bigger than 8% of them (3,920 ft² against a typical 0.14 ac) and it is newer than 53% of them (1925 against a typical 1925). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 715 E 40th St, Indianapolis, IN?

The 2024 property tax bill for 715 E 40th St, Indianapolis, IN was $7,511. The county assessed it at $316,500.

More homes on E 40th St

Closest homes

More homes in Indianapolis 46205

Assigned schools

Explore the area

See this home in context

Open 715 E 40th St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map