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710 40th St

Indianapolis, IN 46205

3 bd 1 ba 1,248 sqft Built 1922 Lot 4,199 sqft multi_family
Most recent sale
$338,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2026 Sold $335,000 MIBOR
Apr 7, 2024 Listed for rent $1,500 AppfolioUnits
Jun 8, 2022 Sold $338,000 Public Record
May 27, 2022 Sold $235,000 MIBOR
Apr 1, 2022 Price changed $250,000 MLS #21840099
Mar 2, 2022 Listed $275,000 MLS #21840099

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $261,300 $27,700 $289,000 $6,896
2024 $224,200 $27,700 $251,900 $6,079
2023 $224,200 $27,700 $251,900 $6,076
2022 $218,000 $8,000 $226,000 $4,328
2021 $218,000 $8,000 $226,000 $3,904
2020 $209,800 $8,000 $217,800 $3,775
2019 $192,400 $8,000 $200,400 $3,474
2018 $179,200 $8,000 $187,200 $3,243
2017 $177,000 $8,000 $185,000 $2,841
2016 $158,700 $8,000 $166,700 $2,106
2015 $149,300 $8,000 $157,300 $1,983
2014 $157,600 $8,000 $165,600 $2,104
2013 $139,300 $8,000 $147,300 $1,687
2012 $117,200 $8,000 $125,200 $1,451
2011 $89,100 $8,000 $97,100 $951
2010 $89,100 $8,000 $97,100 $1,012
2008 $102,200 $8,000 $110,200 $1,655
2006 $93,500 $8,000 $101,500 $789

Property facts

Year built
1922
Property type
multi_family
Stories
2
Beds
3
Baths
1
Living area
1,248 sqft
Lot size
4,199 sqft
ZIP code
46205
City
Indianapolis
Street
40th St
Coordinates
39.82880, -86.14449

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,872
Gross rental yield
6.65%
Implied cap rate
4.32%
Trend-extrapolated value

Frequently asked questions

When did 710 40th St last sell?
710 40th St most recently sold on Jun 8, 2022 for $338,000.
What is the current tax assessment for 710 40th St?
The most recent total assessment for 710 40th St (year 2025) is $289,000 with $6,896 in property tax.
How does 710 40th St's assessment compare to its last sale price?
The current assessment is 14.5% below the last sale price of $338,000.
When was 710 40th St built?
710 40th St was built in 1922.
How does 710 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 710 40th St?
710 40th St is a 3 bed, 1 bath, 1,248 sqft, 4,199 sqft lot multi_family.
Is 710 40th St a flip candidate?
Yes — 710 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 710 40th St a tax-appeal candidate?
No — 710 40th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$406.4K
2026 Q4
$416.7K
ZIP 46205 — Median Price History + Forecast

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