$437,000

beds

baths

half bath

3,729

square ft

422 W 40th Street

Indianapolis, Indiana 46208

Closed / MLS #22034529 / Single Family / Butler-Tarkington

Listing information updated 12/23/2025 at 4:26pm

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.

Full Features

Architecture Style:

Traditional

Exterior Type:

Vinyl Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Dishwasher, Exhaust Fan, Refrigerator

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

115 Years

Room Count:

Water Front:

Square Feet:

3,729

Lot Size:

0.25 Acres

Acreage:

0.25

Internal Features:

Attic Access, Built-in Features, Pantry, Walk-In Closet(s)

External Features:

Patio/Porch

Room Information

Living Room:

36x25 - Main

Dining Room:

18x15 - Main

Kitchen:

16x10 - Main

Primary Bedroom:

15x12 - Upper

3rd Bedroom:

16x13 - Upper

4th Bedroom:

12x12 - Upper

Bedroom 5:

12x12 - Upper

Office:

13x13 - Main

Laundry:

18x3 - Main

Loft:

18x13 - Upper

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46208

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Traditional

Exterior Type:

Vinyl Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Dishwasher, Exhaust Fan, Refrigerator

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

115 Years

Room Count:

Water Front:

Square Feet:

3,729

Lot Size:

0.25 Acres

Acreage:

0.25

Internal Features:

Attic Access, Built-in Features, Pantry, Walk-In Closet(s)

External Features:

Patio/Porch

Living Room:

36x25 - Main

Dining Room:

18x15 - Main

Kitchen:

16x10 - Main

Primary Bedroom:

15x12 - Upper

3rd Bedroom:

16x13 - Upper

4th Bedroom:

12x12 - Upper

Bedroom 5:

12x12 - Upper

Office:

13x13 - Main

Laundry:

18x3 - Main

Loft:

18x13 - Upper

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46208

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Compass Indiana, LLC

Listing Office Phone: 317.563.5051

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 at 4:26pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.