About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

1940 E Indianola Ave, Phoenix, AZ 85016

$441,000

Last sold 05/09/2011 for $35K

2
bed
1
bath
929
Sqft ($38/Sqft)

House not for sale

About 1940 E Indianola Ave

Property type House

Neighborhood

Year built 1949

HOA fee $0/month

Lot size 7,545 Sqft

Movoto estimate

Rental estimate

Property description

Hud home. Cute starter in central phoenix minutes from downtown & stadium. Walk to stores and schools. 2 good size bedrooms and kitchen open to family room. Lead base paint addendum is required. Price reduced

Listed by

Listing Agent - David Rod

Listing Office - West USA Homes

Source: ARMLS

MLS#4520068 • last updated 1 year ago

Movoto checked ARMLS for data 34 minutes ago

Overview
Cooling/AC	Other, See Remarks
Heating	Other, See Remarks
Levels/Style	1
MLS #	4520068
Type	Residential
Status	Closed
SubType	Single Family Residence
SqFt	929
Lot Size (Acres)	0.17
Lot Size (Sqft)	7545
Property Tax	937.96
Builder Name	UNKNOWN
Year Built	1949

Interior
Total # of Bathrooms	1
Total # of Bedrooms	2
Laundry	Other, See Remarks

Exterior
Roof	Other
Construction	Other
# of Carport Spaces	1
# of Covered Spaces	1
Fencing	See Remarks, Other, Block

Amenities / Utilities
Water Source	City Water
Sewer/Septic	Sewer In & Cnctd, Public Sewer
Spa	None
HOA Fee Includes	No Fees, Other (See Remarks)

Location
Subdivision	Patterson Place
Elementary School	Loma Linda Elementary School
Elementary School District	Creighton Elementary District
Middle School	Loma Linda Elementary School
High School District	Phoenix Union High School District
High School	North High School
APN	119-28-064
Directions	GO EAST TO 20TH STREET THEN RIGHT ON 20TH STREET THEN RIGHT ON INDIANOLA AVE TO PROPERTY ON RIGHT.

$441K

Range: $383K-$498K

Last 30 days

Rental est.: $1,080/month

• Gross rent multiplier: 2.7 - Excellent

Jan 2026
MLS # 6882742
Jan 8, 2026 Price Change
$525,000 (-2.2%)
Nov 4, 2025 Price Change
$537,000 (-1.1%)
Aug 17, 2025 Price Change
$543,000 (-0.8%)
Jul 28, 2025 Price Change
$547,500 (-0.5%)
Jun 19, 2025 Listed
$550,000 (+13.4%)
Nov 2022
MLS # 6467454
Nov 30, 2022 Price Change
$485,000 (-19.0%)
Sep 22, 2022 Listed
$599,000 (+1611.4%)
Apr 2012
MLS # 2009111
Apr 27, 2012 Sold
—
May 2011
MLS # 4520068
May 9, 2011 Sold
$35,000 (-69.6%)
Jan 12, 2011 Listed
—
Oct 2003
Public Records
Oct 24, 2003 Sold
$115,000

Year Property taxes Tax assessment
2024
$2,201 +14.5%

$38,960 -3.8%
2023
$1,922 +4.5%

$40,500 +15.68%
2022
$1,840 -3.6%

$35,010 +35.54%
2021
$1,909 +2.7%

$25,830 +12.89%
2020
$1,859 +0.6%

$22,880 +10.69%
2019
$1,849 +2.2%

$20,670 +11.73%
2018
$1,809 +4.3%

$18,500 +10.58%
2017
$1,735 +81.5%

$16,730 +10.94%
2016
$956 +7.3%

$15,080
2015
$891

—

1940 E Indianola Ave
$35K
Patterson Place
$762K
85016
$544K -7% y/y
Phoenix
$469K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1942 E Indianola Ave, Phoenix, AZ 85016	$531,000	—/1	1,362	0.01
1938 E Indianola Ave, Phoenix, AZ 85016	$615,000	3/2	1,888	0.01
1928 E Indianola Ave, Phoenix, AZ 85016	$539,000	3/1	1,533	0.02
1937 E Fairmount Ave, Phoenix, AZ 85016	$461,000	3/1	1,224	0.03
1945 E Fairmount Ave, Phoenix, AZ 85016	$491,000	—/1	1,400	0.03
1939 E Fairmount Ave, Phoenix, AZ 85016	$471,000	3/2	1,203	0.03
3818 N 20th St, Phoenix, AZ 85016	$812,000	—/3	2,421	0.03
1924 E Indianola Ave, Phoenix, AZ 85016	$484,000	3/1	1,146	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.