For Sale6d on market
1440 Herschell Ave
Indianapolis, IN, 46202 • Near NW-Riverside • Marion County
$115,000
$138/sqft
Down payment assistance available
2Beds
1Baths
832Sqft
0.13 acLot
1940Built
Property DNA
Traditional Style
Built 1940 · 86 years of history
Miller & Wacker Parkway
Near NW-Riverside
This home is getting attention
Listed 6 days ago · 193 views · 12 saves
Market activity
Demand and pricing signals for this listing
193 views
People checking out this listing
12 saves
Buyers have saved this home
6 days on market
Just listed — act fast
$138/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 35% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1940
RENTED FOR $1,425/MONTH, this West Indianapolis single-family is generating income on day one with a lease in place through September 2026. Walking distance to Riverside Park, this is a low entry point at $115,000 with a reliable tenant already in place - an easy add to any rental portfolio.
Estimated monthly payment
Based on current rates
$750/month
Principal & Interest$597
Property Tax$115
Insurance$38
Down payment20% ($23,000)
3%50%
Est. 6.75% rate · 30yr fixed · $92,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1940
HeatingForced Air
CoolingCentral Air
ParkingNo Data
Lot5,662 sqft
Days on Zillow6 Days
Price/sqft$138
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1940
Stories1
Systems
HeatingForced Air
CoolingCentral Air
ConstructionAluminum Siding
Water / SewerPublic
Parking & Outdoor
Lot5,662 sqft
Location & Tax
NeighborhoodNear NW-Riverside
Annual tax$1,196
Parcel490627127090000101
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Interior
Attic Access
Appliances
None
Heating
Forced Air
Cooling
Central Air
Exterior Features
Construction
Aluminum Siding
Room details
6 rooms detailed
Master Bedroom
Main12×12 ft144 sqft
Bedroom2
Main12×12 ft144 sqft
Dining Room
Main10×10 ft100 sqft
Kitchen
Main12×10 ft120 sqft
Laundry
Main10×6 ft60 sqft
Living Room
Main12×10 ft120 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market6
Tax rate0.96%
Price/sqft$138
On marketApr 1, 2026
PostedApr 1, 2026
Last sold$45,000
MLS statusActive
MLS updatedApr 3, 2026
Tour days9
Views193
Favorites12
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46202
Price history
10 events
DateEventPrice$/sqftSource
Apr 1, 2026Listed For Sale$115,000$138MIBOR as distributed by MLS GRID
Sep 17, 2022Listing Removed——Zillow Rental Network Premium
Sep 12, 2022Listed For Rent$995$1Zillow Rental Network Premium
Dec 22, 2021Listing Removed——Zillow Rental Network Premium
Dec 15, 2021Listed For Rent$995$1Zillow Rental Network Premium
Jul 2, 2021Listing Removed——Zillow Rental Network Premium
Jun 12, 2021Listed For Rent$995$1Zillow Rental Network Premium
Apr 22, 2021Sold$45,000$54MIBOR as distributed by MLS GRID
Apr 3, 2021Pending Sale$49,900$60Carpenter Realtors
Apr 1, 2021Listed For Sale$49,900$60Carpenter Realtors
Listed For Sale$115,000
Apr 1, 2026•$138/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Sep 17, 2022•Zillow Rental Network Premium
Listed For Rent$995
Sep 12, 2022•$1/sqft•Zillow Rental Network Premium
Listing Removed—
Dec 22, 2021•Zillow Rental Network Premium
Listed For Rent$995
Dec 15, 2021•$1/sqft•Zillow Rental Network Premium
Listing Removed—
Jul 2, 2021•Zillow Rental Network Premium
Listed For Rent$995
Jun 12, 2021•$1/sqft•Zillow Rental Network Premium
Sold$45,000
Apr 22, 2021•$54/sqft•MIBOR as distributed by MLS GRID
Pending Sale$49,900
Apr 3, 2021•$60/sqft•Carpenter Realtors
Listed For Sale$49,900
Apr 1, 2021•$60/sqft•Carpenter Realtors
Tax history
18 years of records
YearTax paidAssessed value
Apr 8, 2024$1,143$50,400
Apr 8, 2023$973$48,200
Apr 8, 2022—$41,200
Apr 8, 2021—$30,500
Apr 8, 2020—$30,400
Apr 8, 2019—$27,000
Apr 8, 2018$32$21,900
Apr 8, 2017$61$20,300
Apr 8, 2016$59$19,700
Apr 8, 2014$59$21,700
Apr 8, 2013$59$21,700
Apr 8, 2012—$30,600
Apr 8, 2011—$31,000
Apr 8, 2010—$31,000
Apr 8, 2009—$31,000
Apr 8, 2007—$33,000
Apr 8, 2006—$24,900
Apr 8, 2005—$23,800
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 07:22:56 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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