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About This Home

This 4-bedroom, 2-bathroom single family at 421 W 39th Street in Indianapolis, IN is listed for $240,000 ($215 per sqft). Built in 1907, the home offers 1,118 sqft of living space on a 0.15 acres lot.

Agent Description

Located at 421 W 39th Street in Indianapolis, this 1907 two-story single-family home presents a strong opportunity for investors seeking a rental-ready or value-add property. The home offers four bedrooms and two full bathrooms, providing a functional layout that appeals to tenants needing flexible space.

One bedroom includes a walk-in closet for added storage. A dedicated laundry room adds everyday convenience. The kitchen features shaker-style cabinets, stone countertops, a backsplash, and a chimney-style range hood, offering durable and practical finishes suitable for long-term use.

Exterior features include a covered front porch, rear patio, and a fenced backyard - desirable amenities for renters. The lot offers manageable outdoor space with privacy potential. With its simple layout, solid updates, and a little TLC, this property is well-suited for buy-and-hold investors or those looking to expand their rental portfolio in the Indianapolis market.

Key Features

  • Built in 1907
  • 0.15 acre lot

Property Details

2 full
1907

Amenities

Basement

Monthly Cost Estimate

$1,284/mo

20% down · 6.5% · 30 years

Principal$174
Interest$1,040
Insurance$70

Estimates only. Actual payments may vary.

Location

421 W 39th Street

Indianapolis, IN 46208

Northmead

Features & Amenities

Exterior Features

Fencing

Property Details

Construction

Vinyl Siding

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherDryerRefrigeratorWasher

Questions & Answers

This 4-bedroom, 2-bathroom single family at 421 W 39th Street is listed at $240,000 ($215/sqft). The estimated monthly payment is $1,040 based on 20% down at 6.5% interest.

Key features include: Built in 1907, 0.15 acre lot. Exterior Features: Fencing.

This property is listed by Michael Moore and can be reached at 3177751120 or mmoore@truebloodre.com.

MM

Michael Moore

Agent at Trueblood Real Estate

(317) 775-1120

Listed by Trueblood Real Estate · View on Broker Site

MLS# 22085688· Source: listhub· Updated 35 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

421 W 39th Street, Indianapolis, IN 46208

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