For Sale31d on marketHistoric · 119 yrs
421 W 39th St
Indianapolis, IN, 46208 • Butler-Tarkington • Marion County
$240,000
$135/sqft
Down payment assistance available
4Beds
2Baths
1,780Sqft
0.15 acLot
1907Built
Property DNA
Traditional Style
Built 1907 · 119 years of history
Northmead
Butler-Tarkington
Outdoor Living
Covered
This home is getting attention
Listed 31 days ago · 564 views · 55 saves
Market activity
Demand and pricing signals for this listing
564 views
People checking out this listing
55 saves
Buyers have saved this home
31 days on market
Established listing
$135/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 16% 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 1907 · Historic
Located at 421 W 39th Street in Indianapolis, this 1907 two-story single-family home presents a strong opportunity for investors seeking a rental-ready or value-add property. The home offers four bedrooms and two full bathrooms, providing a functional layout that appeals to tenants needing flexible space. One bedroom includes a walk-in closet for added storage. A dedicated laundry room adds everyday convenience. The kitchen features shaker-style cabinets, stone countertops, a backsplash, and a chimney-style range hood, offering durable and practical finishes suitable for long-term use. Exterior features include a covered front porch, rear patio, and a fenced backyard - desirable amenities for renters. The lot offers manageable outdoor space with privacy potential. With its simple layout, solid updates, and a little TLC, this property is well-suited for buy-and-hold investors or those looking to expand their rental portfolio in the Indianapolis market.
Estimated monthly payment
Based on current rates
$1,581/month
Principal & Interest$1,261
Property Tax$240
Insurance$80
Down payment20% ($48,000)
3%50%
Est. 6.88% rate · 30yr fixed · $192,000 loan
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At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1907
HeatingForced Air, Natural Gas
CoolingCentral Air
ParkingNone
Lot6,534 sqft
Days on Zillow31 Days
Price/sqft$135
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
ConditionFixer
Year built1907
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionVinyl Siding
Water / SewerPublic
Parking & Outdoor
ParkingNone
BasementCellar
FencingFenced,Partial
Lot6,534 sqft
Location & Tax
NeighborhoodButler-Tarkington
Annual tax$4,872
Parcel490614157001000801
Bathrooms & Fees
Full baths2
Features & details
8 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Gas Water Heater
MicroHood
Electric Oven
Refrigerator
Washer
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
Main Level
Exterior Features
Parking
None
Construction
Vinyl Siding
Patio & Porch
Covered
Lot Features
Sidewalks
Room details
7 rooms detailed
Master Bedroom
Main11×10 ft110 sqft
Bedroom2
Upper12×7 ft84 sqft
Bedroom3
Upper10×10 ft100 sqft
Bedroom4
Upper9×8 ft72 sqft
Dining Room
Main13×11 ft143 sqft
Kitchen
Main11×7 ft77 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market31
Tax rate0.96%
Price/sqft$135
On marketMar 7, 2026
PostedMar 8, 2026
Last sold$240,000
MLS statusActive
MLS updatedMar 23, 2026
Tour days9
Views564
Favorites55
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46208
Price history
26 events
DateEventPrice$/sqftSource
Mar 8, 2026Listed For Sale$240,000$135MIBOR as distributed by MLS GRID
Oct 11, 2022Listing Removed——Zillow Rental Network Premium
Sep 27, 2022Price Change$1,595$1Zillow Rental Network Premium
Sep 9, 2022Price Change$1,695$1Zillow Rental Network Premium
Aug 23, 2022Price Change$1,750$1Zillow Rental Network Premium
Jul 21, 2022Price Change$1,795$1Zillow Rental Network Premium
Jul 7, 2022Price Change$1,850$1Zillow Rental Network Premium
Jun 16, 2022Price Change$1,895$1Zillow Rental Network Premium
May 21, 2022Price Change$1,995$1Zillow Rental Network Premium
May 10, 2022Listed For Rent$2,200$1Zillow Rental Network Premium
Apr 19, 2022Sold$240,000$135MIBOR as distributed by MLS GRID
Mar 19, 2022Pending Sale$240,000$135MIBOR as distributed by MLS GRID
Mar 4, 2022Listed For Sale$240,000$135MIBOR as distributed by MLS GRID
Nov 8, 2021Sold$94,000$53MIBOR as distributed by MLS GRID
Oct 22, 2021Pending Sale$89,900$51MIBOR as distributed by MLS GRID
Oct 20, 2021Listed For Sale$89,900$51MIBOR as distributed by MLS GRID
Jun 8, 2020Sold$38,000$21MIBOR as distributed by MLS GRID
May 26, 2020Pending Sale$50,000$28Red Bridge Real Estate
Feb 10, 2020Listed For Sale$50,000$28Red Bridge Real Estate
Nov 26, 2019Listing Removed$47,000$26Red Bridge Real Estate
Nov 22, 2019Price Change$47,000$26Red Bridge Real Estate
Oct 22, 2019Price Change$47,900$27Red Bridge Real Estate
Oct 8, 2019Price Change$49,900$28Red Bridge Real Estate
Sep 18, 2019Price Change$51,900$29Red Bridge Real Estate
Aug 20, 2019Listed For Sale$54,900$31Red Bridge Real Estate
Sep 16, 2008Sold$9,000$5Public Record
Listed For Sale$240,000
Mar 8, 2026•$135/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Oct 11, 2022•Zillow Rental Network Premium
Price Change$1,595
Sep 27, 2022•$1/sqft•Zillow Rental Network Premium
Price Change$1,695
Sep 9, 2022•$1/sqft•Zillow Rental Network Premium
Price Change$1,750
Aug 23, 2022•$1/sqft•Zillow Rental Network Premium
Price Change$1,795
Jul 21, 2022•$1/sqft•Zillow Rental Network Premium
Price Change$1,850
Jul 7, 2022•$1/sqft•Zillow Rental Network Premium
Price Change$1,895
Jun 16, 2022•$1/sqft•Zillow Rental Network Premium
Price Change$1,995
May 21, 2022•$1/sqft•Zillow Rental Network Premium
Listed For Rent$2,200
May 10, 2022•$1/sqft•Zillow Rental Network Premium
Sold$240,000
Apr 19, 2022•$135/sqft•MIBOR as distributed by MLS GRID
Pending Sale$240,000
Mar 19, 2022•$135/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$240,000
Mar 4, 2022•$135/sqft•MIBOR as distributed by MLS GRID
Sold$94,000
Nov 8, 2021•$53/sqft•MIBOR as distributed by MLS GRID
Pending Sale$89,900
Oct 22, 2021•$51/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$89,900
Oct 20, 2021•$51/sqft•MIBOR as distributed by MLS GRID
Sold$38,000
Jun 8, 2020•$21/sqft•MIBOR as distributed by MLS GRID
Pending Sale$50,000
May 26, 2020•$28/sqft•Red Bridge Real Estate
Listed For Sale$50,000
Feb 10, 2020•$28/sqft•Red Bridge Real Estate
Listing Removed$47,000
Nov 26, 2019•$26/sqft•Red Bridge Real Estate
Price Change$47,000
Nov 22, 2019•$26/sqft•Red Bridge Real Estate
Price Change$47,900
Oct 22, 2019•$27/sqft•Red Bridge Real Estate
Price Change$49,900
Oct 8, 2019•$28/sqft•Red Bridge Real Estate
Price Change$51,900
Sep 18, 2019•$29/sqft•Red Bridge Real Estate
Listed For Sale$54,900
Aug 20, 2019•$31/sqft•Red Bridge Real Estate
Sold$9,000
Sep 16, 2008•$5/sqft•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 8, 2024$4,920$205,300
Apr 8, 2023$1,188$207,400
Apr 8, 2022$1,073$50,300
Apr 8, 2021$2,184$46,500
Apr 8, 2020$929$94,300
Apr 8, 2019$957$94,300
Apr 8, 2018$2,231$94,300
Apr 8, 2017$1,086$109,000
Apr 8, 2016$1,150$108,000
Apr 8, 2014$1,210$114,000
Apr 8, 2013$1,300$114,000
Apr 8, 2012$1,300$118,800
Apr 8, 2011—$114,400
Apr 8, 2010$1,178$114,400
Apr 8, 2009$1,229$117,300
Apr 8, 2007—$121,700
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 09:28:03 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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