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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.
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
Amenities
Monthly Cost Estimate
$1,284/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
421 W 39th Street
Indianapolis, IN 46208
Northmead
Features & Amenities
Exterior Features
Property Details
Construction
Heating
Cooling
Appliances
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.



























