RENTED AUG 20, 2025

Estimated Value: $217,000 - $222,000

3 Beds
1 Bath
1,300 Sq Ft
$169/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • High Ceiling
  • Combination Dining and Living Room
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

Enhance your living experience with this charming 3-bedroom duplex rental located at 413 W 40th St, Indianapolis, IN. Boasting 1300 sq ft of space, this property offers a perfect blend of modern convenience and classic charm. The spacious interior features hardwood floors throughout, adding warmth and character to the home. The open layout creates a seamless flow between the living, dining, and kitchen areas, making it ideal for entertaining. The kitchen is equipped with all the essentials for meal preparation, including ample storage and counter space. The bedrooms are generously sized and filled with natural light, providing a comfortable and inviting retreat. With a full bath, this duplex offers the perfect balance of privacy and convenience for its residents. Situated in a desirable location, this property offers easy access to shopping, dining, and entertainment options, ensuring a vibrant and fulfilling lifestyle for its residents. Don't miss out on the opportunity to make this exceptional duplex your new home. All of our residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results. Rent Guarantee policy from theGuarantors required.

Last Agent to Rent the Property

Mark Jones

PMI Midwest License #RB14036355 Listed on: 03/27/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1915

Lot Details

  • 3,615 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Electric Oven
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 3/27/25
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 490614106006000801
  • Assessor Parcel Number 490614106006000801

Community Details

Overview

  • Fesslers Sub Subdivision
  • Property managed by PMI Midwest

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1915

Lot Details

3,615 Sq Ft Lot

Rental Info

  • Available Date: 2025-03-27
  • Lease Amount: 1099
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 0
  • Application Fee: 65
  • Security Deposit Refundable Y N: No
  • Application Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/3627/413-w-40th-st-indianapolis-in-46208-3932

Listing Details

  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1915
  • Building Area Total: 1300
  • Garage Y N: No
  • Lot Size Acres: 0.08
  • Subdivision Name: Fesslers Sub
  • Transaction Type: Lease
  • Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/3627/413-w-40th-st-indianapolis-in-46208-3932
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: High Ceilings, Hardwood Floors
  • Living Area: 1300
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 650
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 650
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Pets Allowed: No
  • Property Management Company: PMI Midwest
  • Property Management Company Phone: 317-546-3482

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 3615
  • Parcel Number: 490614106006000801
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 3184
  • Tax Lot: 490614106006000801
  • Semi Annual Property Tax Amt: 1592

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2009
Sold by
Bought by
Current Estimated Value
$212,500

Purchase Details

Closed on
May 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
0.0785%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$17,681 None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $235,000
Closed $7,531
Closed $80,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Rented $1,099 0.0% --
07/31/2025 07/31/25 Under Contract -- -- --
07/15/2025 07/15/25 Price Changed $1,099 0.0% $1 / Sq Ft
07/15/2025 07/15/25 For Rent $1,099 -4.4% --
07/11/2025 07/11/25 Off Market $1,149 -- --
06/20/2025 06/20/25 Price Changed $1,149 -4.2% $1 / Sq Ft
06/03/2025 06/03/25 Price Changed $1,199 -4.0% $1 / Sq Ft
05/09/2025 05/09/25 Price Changed $1,249 -3.8% $1 / Sq Ft
05/01/2025 05/01/25 For Rent $1,299 0.0% --
04/08/2025 04/08/25 Under Contract -- -- --
03/27/2025 03/27/25 For Rent $1,299 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,275 $173,400 $17,200 $156,200
2024 $3,284 $138,000 $17,200 $120,800
2023 $3,284 $134,200 $17,200 $117,000
2022 $2,773 $126,800 $17,200 $109,600
2021 $2,078 $85,800 $3,600 $82,200
2020 $1,911 $118,800 $3,600 $115,200
2019 $2,500 $101,800 $3,600 $98,200
2018 $2,387 $96,200 $3,600 $92,600
2017 $2,217 $123,800 $3,600 $120,200
2016 $2,594 $120,400 $3,600 $116,800
2014 $307 $14,200 $3,600 $10,600
2013 $316 $15,200 $3,600 $11,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22029442

MIBOR Broker Listing Cooperative®

APN: 49-06-14-106-006.000-801

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