• Primary Photo - 5541 E 40th St
  • Building Photo - 5541 E 40th St
    Building Photo - 5541 E 40th St
  • Building Photo - 5541 E 40th St
    Building Photo - 5541 E 40th St
$950 / Month

5541 E 40th St

,

Indianapolis, IN 46226

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317-210-3637

  • Bedrooms

    2

  • Bathrooms

    1

  • Square Feet

    1,440 sq ft

  • Available

    Available Now

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • 1-Story Property
  • Vinyl Plank Flooring
  • Forced Air Heating and Cooling System
5541 E 40th St
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About This Home

12 Month Lease , Available Now

Discover a truly inviting single-family residence available for lease at 5541 E 40th ST,INDIANAPOLIS,IN. Built in 1957,this charming 1440 square foot home is ready for you to move in and begin your next chapter. The heart of this home is a thoughtfully appointed kitchen,featuring matching black appliances that blend seamlessly for a modern and functional space. With two comfortable bedrooms and one full bathroom,this single-story layout offers ease and accessibility. The property spans an expansive 8320 square foot lot,providing ample outdoor space for your enjoyment. This delightful property offers an exceptional leasing opportunity; schedule your private viewing today to experience its charm firsthand. Based on information submitted to the MLS GRID as of [see last changed date above]. 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. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

5541 E 40th St is a house located in Marion County and the 46226 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Home Details

Home Type

Single Family Detached Home

Year Built

Built in 1957

Bedrooms and Bathrooms

1 Full Bathroom 2 Bedrooms

Flooring

Vinyl Plank Vinyl

Home Design

Traditional Architecture Brick Exterior Construction Brick Foundation

Home Security

Fire and Smoke Detector

Interior Spaces

1-Story Property Combination Kitchen and Dining Room 1,440 Sq Ft Home

Kitchen

Eat-In Kitchen Gas Oven Microwave Dishwasher

Listing and Financial Details

Security Deposit $950 Property Available on 9/11/26 12-Month Minimum Lease Term $50 Application Fee $4,976 Total Annual Tax in 2025 Tax Lot 192 Assessor Parcel Number 490715123097000401 Tenant pays for all utilities The owner pays for no utilities

Lot Details

8,320 Sq Ft Lot Corner Lot

Schools

Floro Torrence School 83 Elementary School

Utilities

Forced Air Heating and Cooling System Gas Water Heater Heating System Uses Natural Gas

Community Details

Overview

No Home Owners Association Property managed by Triple E Property Management Puritan Realty Subdivision

Pet Policy

Pets allowed on a case-by-case basis Pet Deposit $200

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        $50

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Lease Options

  • 12 Months

Contact

  • Listed by Evona Watson | Triple E Realty,LLC
  • Phone Number
  • Contact
  • Source
    MIBOR REALTOR® Association
The information is being provided by MIBOR Association of REALTORS®. Information deemed reliable but not guaranteed.
Location Get Directions
| Edit
Edit Commute

Under 30 minutes

Commute Time is calculated at rush hour.
Neighborhood

Devington is located about eight miles northeast of Mile Square, Indianapolis’ downtown district. Indianapolis is one of the most affordable places to live in the country and Devington follows suit. Along with its affordability, Devington is known for its close-knit feel. The Devington Communities Association hosts a variety of events. There is a wide range of apartments, houses, and condos available at lower rate compared to other Indianapolis neighborhoods. Devington has several shopping plazas, restaurants, parks, and schools. Renters also appreciate being a short drive away from Fort Harrison State Park and the Indiana State Fairgrounds. Great for commuters, Devington is near Interstate 70 and 465, allowing for easy travels throughout the city.

Learn more about living in Devington 
Amenities
  • Air Conditioning
  • Heating
  • Dishwasher
  • Microwave
  • Oven
  • Refrigerator
Education
Colleges & Universities Distance
Colleges & Universities Distance
Butler University
Drive: 13 min 6.2 mi
Ivy Tech Community College
Drive: 12 min 6.3 mi
IU - School of Medicine
Drive: 15 min 7.8 mi
IU - Indianapolis
Drive: 16 min 8.6 mi
5541 E 40th St is within 12 minutes or 6.3 miles from Ivy Tech Community College. It is also near Butler University and IU - School of Medicine.
Schools
George H. Fisher School 93
Public Elementary School
Grades K-5
417 Students
Attendance Zone
GreatSchools rating: 3 out of 10
Robert Lee Frost School 106
Public Elementary School
Grades PK-5
308 Students
Attendance Zone
GreatSchools rating: 3 out of 10
Grades 6-8
623 Students
Attendance Zone
GreatSchools rating: 3 out of 10
Grades 6-8
372 Students
Attendance Zone
GreatSchools rating: 4 out of 10
Grades 9-12
229 Students
Attendance Zone
GreatSchools rating: 4 out of 10
KIPP Indy Legacy High
Public High School
Grades 9-12
349 Students
Attendance Zone
GreatSchools rating: 4 out of 10
St. Lawrence Catholic School
Private Elementary & Middle School
Grades PK-8
238 Students
Nearby
Harriot Tubman School of Excellence
Private Elementary School
Grades K-5
4 Students
Nearby
Little People's Prep School
Private Elementary School
Grades PK-5
44 Students
Nearby
Cathedral High School
Private High School
Grades 9-12
1,136 Students
Nearby
School data provided by GreatSchools The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

5541 E 40th St is near Indianapolis International, located 21.5 miles or 37 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Indianapolis
Drive: 15 min 8.5 mi
Airports Distance
Airports Distance
Indianapolis International
 Drive: 37 min 21.5 mi
Getting Around
Fairly Walkable
Walkability
40 / 100
Limited Public Transit
Transit
20 / 100
Moderately Drivable
Drivability
70 / 100
Fairly Bikeable
Bikeability
50 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
-
Soundscore™
- / 100

Traffic

-

Airport

-

Businesses

-

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from 5541 E 40th St.

Shopping Centers Distance
Shopping Centers Distance
5417-5435 E 38th St
Walk: 8 min 0.5 mi
5207-5217 E 38th St
Walk: 15 min 0.8 mi
Arlington Village
Walk: 15 min 0.8 mi
5541 E 40th St has 3 shopping centers within 0.8 mile, which is about a 15-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Windsor Village Park
 Drive: 7 min 3.2 mi
Washington Park
 Drive: 7 min 3.6 mi
Ellenberger Park
 Drive: 9 min 4.6 mi
Fort Harrison State Park
 Drive: 9 min 4.6 mi
Douglass Park
 Drive: 9 min 5.0 mi
5541 E 40th St has 5 parks within 5.0 miles, including Windsor Village Park, Washington Park, and Fort Harrison State Park.
Hospitals Distance
Hospitals Distance
Options Behavioral Health System
Drive: 7 min 3.7 mi
Neurodiagnostic Institute
Drive: 7 min 3.8 mi
Community Hospital East
Drive: 7 min 4.0 mi
5541 E 40th St has 3 hospitals within 4.0 miles, the nearest is Options Behavioral Health System which is 3.7 miles away and a 7 minute drive.

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