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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 422 W 40th Street in Columbia Place, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Completely renovated 5-bedroom, 3 1/2 bath home located near Butler University and just minutes north of downtown Indy. Perfect for an Airbnb or rental property. Updated Kitchen includes quartz countertops, Stainless Steel appliances, new cabinets and a walk-in pantry. Spacious Living Room is a great meeting area with a gas fireplace and built-in bookshelves. New windrows throughout. Main level includes a primary bedroom, home office and laundry room. Upstairs you'll find a loft area and 4 more bedrooms, including a second primary bedroom with ensuite that includes a walk-in shower and separate tub/shower. Fenced-in backyard with a patio and oversized Trex deck and plenty of parking and room to build a garage.

Listed by Dan Huber· Compass Indiana, LLC· MLS# 22034529
SoldSold in 30 days

$460,000

5Beds
3.1Baths
3,340Sq Ft

Completely renovated 5-bedroom, 3 1/2 bath home located near Butler University and just minutes north of downtown Indy. Perfect for an Airbnb or rental property. Updated Kitchen includes quartz countertops, Stainless Steel appliances, new cabinets and a walk-in pantry. Spacious Living Room is a grea...

Listed by Dan Huber· Compass Indiana, LLC· MLS# MBR22034529

3,340

Sq Ft

1910

Year Built

5

Bedrooms

3.1

Bathrooms

Key things to know

  • Sold 5.0% below list in 30 days
  • Fireplace
  • Basement
  • Columbia Place subdivision

Sold

$437,000

-$23,000 below list (-5.0%)

Closed
Dec 23, 2025
Listed at
$460,000
Sold
4 months ago
Sold in
30 days

Price history

  1. Sold$437,000

    Dec 23, 2025

  2. Listedat $460,000

    Apr 24, 2025

Sold
3
Median price
$230,000
Median DOM
30 days

Comparative value

5 comps in this range

This home is 15% above median for similar nearby sales.

$235K$715KMedian $380K
$437K

FEATURES & AMENITIES

Interior

Attic AccessBuilt-in FeaturesPantryWalk-In Closet(s)

Climate

Heat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $460,000Listed· Apr 24, 2025

30 days on market

Layout

Main
11.15 rooms2,006 sq ft
Upper
425 rooms1,334 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Tub Full

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis4.2 mi
    • Monon Trail (Carmel)9.4 mi
    • Carmel Central Park9.5 mi
    • Carmel High School10.0 mi
    • Zionsville Community HS10.2 mi
    • IU Health North Hospital10.5 mi

    PROPERTY DETAILS

    Living Area

    3,340 sq ft

    Year Built

    1910

    Stories

    Two

    Subdivision

    Columbia Place

    Bedrooms

    5

    Bathrooms

    3 full, 1 half

    School District

    Indianapolis Public Schools

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