Landlord's Agent in 2026
Evona Watson
Triple E Realty, LLC
(317) 281-9280
3 in this area
118 Total Sales
5820 E 40th St Indianapolis, IN 46226
Devington NeighborhoodEstimated Value: $156,000 - $181,000
3
Beds
1.5
Baths
2,080
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Mature Trees
- Corner Lot
- 2 Car Detached Garage
- Ranch Style House
- No HOA
- Handicap Accessible
About This Home
As of July 20263-bedroom, 1.5-bath single family home available for rent on the east side of Indianapolis in the 46226 zip code. This home sits in an established Lawrence Township neighborhood with the space and features that most rentals in the area simply do not offer. The full basement gives you a significant amount of extra room for storage, a workshop, a home gym, or whatever you need the space for. The detached 2-car garage is another standout, providing covered parking for two vehicles plus additional storage that is hard to find at this price point. Central air keeps you comfortable year round, and washer and dryer hookups let you handle laundry at home. Located minutes from both I-465 and I-70, commuting anywhere in Indianapolis is straightforward from this address. The Shadeland Avenue corridor is right down the road with grocery stores, restaurants, and everyday shopping all within a short drive. Fort Benjamin Harrison State Park is nearby for trails, fishing, and outdoor recreation. Castleton Square Mall and the 82nd Street shopping corridor are a quick trip north on Shadeland. A lot of house for the money in a location that keeps you connected to everything.
Last Agent to Rent the Property
Triple E Realty, LLC Brokerage Email: evona@tripleerealty.com License #RB14038857 Listed on: 06/09/2026
Co-Listed By
Triple E Realty, LLC Brokerage Email: evona@tripleerealty.com License #RB20001473
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 8,102 Sq Ft Lot
- Corner Lot
- Mature Trees
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Basement Fills Entire Space Under The House
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Gas Oven
- Microwave
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
Accessible Home Design
- Handicap Accessible
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Lutz Maple Heights Subdivision
- Property managed by Triple E Property Management
Listing and Financial Details
- Security Deposit $1,500
- Property Available on 6/9/26
- Tenant pays for all utilities
- The owner pays for no utilities
- 12-Month Minimum Lease Term
- $50 Application Fee
- Tax Lot 10
- Assessor Parcel Number 490715124015000401
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
Listed on
Jun 28, 2016
Closed on
Jun 26, 2017
Seller's Agent
Tabitha Cravens
Buyer's Agent
Evona Watson
Triple E Realty, LLC
List Price
$64,500
Sold Price
$45,000
Premium/Discount to List
-$19,500
-30.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,188
Avg. Annual Appreciation
15.72%
Purchase Details
Listed on
Jun 28, 2016
Closed on
Jun 23, 2017
Sold by
Bought by
Seller's Agent
Tabitha Cravens
Buyer's Agent
Evona Watson
Triple E Realty, LLC
List Price
$64,500
Sold Price
$45,000
Premium/Discount to List
-$19,500
-30.23%
Purchase Details
Closed on
Oct 5, 2016
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $45,000 | -- | ||
| -- | -- | ||
| -- | Attorney |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2026 07/15/26 | Rented | $1,500 | 0.0% | -- | |
| 07/07/2026 07/07/26 | Under Contract | -- | -- | -- | |
| 06/09/2026 06/09/26 | For Rent | $1,500 | +15.8% | -- | |
| 04/24/2022 04/24/22 | Rented | $1,295 | 0.0% | -- | |
| 04/21/2022 04/21/22 | Under Contract | -- | -- | -- | |
| 04/02/2022 04/02/22 | For Rent | $1,295 | +57.0% | -- | |
| 09/01/2019 09/01/19 | Rented | $825 | 0.0% | -- | |
| 07/30/2019 07/30/19 | Under Contract | -- | -- | -- | |
| 07/02/2019 07/02/19 | For Rent | $825 | 0.0% | -- | |
| 05/24/2019 05/24/19 | Under Contract | -- | -- | -- | |
| 04/16/2019 04/16/19 | For Rent | $825 | +3.1% | -- | |
| 12/16/2017 12/16/17 | Rented | $800 | 0.0% | -- | |
| 12/15/2017 12/15/17 | Under Contract | -- | -- | -- | |
| 12/04/2017 12/04/17 | For Rent | $800 | 0.0% | -- | |
| 06/27/2017 06/27/17 | Sold | $45,000 | -14.9% | $22 / Sq Ft | View Prior Sale |
| 06/05/2017 06/05/17 | Pending | -- | -- | -- | |
| 05/24/2017 05/24/17 | Price Changed | $52,900 | -18.0% | $25 / Sq Ft | |
| 05/01/2017 05/01/17 | For Sale | $64,500 | 0.0% | $31 / Sq Ft | |
| 04/20/2017 04/20/17 | Pending | -- | -- | -- | |
| 03/30/2017 03/30/17 | Price Changed | $64,500 | -7.9% | $31 / Sq Ft | |
| 08/25/2016 08/25/16 | Price Changed | $70,000 | -6.7% | $34 / Sq Ft | |
| 06/28/2016 06/28/16 | For Sale | $75,000 | -- | $36 / Sq Ft |
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 | $3,308 | $136,000 | $8,200 | $127,800 |
| 2024 | $3,112 | $138,300 | $8,200 | $130,100 |
| 2023 | $3,112 | $126,700 | $8,200 | $118,500 |
| 2022 | $2,940 | $120,100 | $8,200 | $111,900 |
| 2021 | $1,620 | $65,800 | $8,200 | $57,600 |
| 2020 | $1,526 | $61,600 | $5,300 | $56,300 |
| 2019 | $1,551 | $61,600 | $5,300 | $56,300 |
| 2018 | $1,562 | $61,600 | $5,300 | $56,300 |
| 2017 | $1,285 | $56,200 | $5,300 | $50,900 |
| 2016 | $1,303 | $58,400 | $5,300 | $53,100 |
| 2014 | $1,224 | $56,600 | $5,300 | $51,300 |
| 2013 | $1,718 | $77,800 | $5,300 | $72,500 |
Source: Public Records
Agents Affiliated with this Home
-
Evona Watson
-
Guadalupe Penaloza
Landlord's Co-Listing Agent in 2026
Guadalupe Penaloza
Triple E Realty, LLC
(317) 363-1538
10 Total Sales
-
L
Buyer's Agent in 2022
Lauren McDade
Triple E Realty
-
T
Seller's Agent in 2017
Tabitha Cravens
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22107031
APN: 49-07-15-124-015.000-401
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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