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40 e 56th St, Indianapolis, IN 46220

$705,400

Last sold date unavailable

  • 3

    bed

  • 1

    bath

  • 2,724

    Sqft ($262/Sqft)

House not for sale
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About 40 e 56th St

Property type House
Year built 1929
HOA fee $0/month
Lot size 9,496 Sqft
Movoto estimate
Rental estimate
Property description
This 3-bedroom, 1-bathroom single-family home is located at 40 e 56th St, Indianapolis, IN, 46220 in Marion County and was built in 1929. This home offers 2,724 square feet of living space on a 9,496 sq ft lot. The estimated market value is $705,400, approximately $259 per square foot.
$705K
Range: $607K-$803K
Last 30 days 
Rental est.: $1,359/month
Gross rent multiplier: 43.8
  • Year Property taxes Tax assessment
  • 2025
    $2,724 -0.5%
    $240,300 +3.94%
  • 2024
    $2,739 -10.7%
    $231,200
  • 2023
    $3,067
    $231,200 -10.32%
  • 2022
    $3,067 +9.5%
    $257,800
  • 2021
    $2,800 -0.4%
    $257,800 +6.66%
  • 2020
    $2,811 -2.0%
    $241,700
  • 2019
    $2,867 +58.7%
    $241,700
  • 2018
    $1,807 +12.7%
    $241,700
  • 2017
    $1,603 +1.3%
    $241,700 +58.91%
  • 2016
    $1,582 +2.6%
    $152,100
  • 2014
    $1,543
    —
  • 40 e 56th St
    $714K
  • —
  • 46220
    $350K 0% y/y
  • Indianapolis
    $264K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
30 E 56th St, Indianapolis, IN 46220 $686,900 4/1 2,200 0.01
48 E 56th St, Indianapolis, IN 46220 $775,200 3/2 1,844 0.01
24 E 56th St, Indianapolis, IN 46220 $508,000 2/1 1,438 0.02
5602 N Pennsylvania St, Indianapolis, IN 46220 $858,600 4/2 2,720 0.03
5616 N Pennsylvania St, Indianapolis, IN 46220 $838,100 5/2 3,612 0.03
20 E 56th St, Indianapolis, IN 46220 $795,000 3/1 2,362 0.03
41 E 56th St, Indianapolis, IN 46220 $779,500 3/2 2,050 0.03
5620 N Pennsylvania St, Indianapolis, IN 46220 $965,300 4/3 2,836 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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3/10
James Whitcomb Riley School 43
public Grades PK, K-8
Indianapolis Public Schools
1/10
Arsenal Technical High School
public Grades 9-12
Indianapolis Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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