
328 W 40th St, Indianapolis, IN 46208
What This House Offers
Discover a charming opportunity for sophisticated living at 328 W 40th ST in INDIANAPOLIS,IN. This inviting single-family residence,built in 1930,offers 808... square feet of meticulously maintained living space,ready for you to move in and make it your own. The single-story layout encompasses two well-proportioned bedrooms,providing comfortable and private retreats. The full bathroom presents a thoughtful design,featuring a walk-in shower for a refreshing experience. Situated on a generous 5271 square foot lot,this property offers ample outdoor space to complement its comfortable interior. To truly appreciate the lifestyle this lease offers,we invite you to experience it 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.
Unit
- $1,150 / month
- 2 Beds
- 1 Bath
- 808 sq. ft.
- Available Now
Home Features
- Air Conditioning
- Heating
- Microwave
- Oven
- Refrigerator
- Vaulted Ceiling
- Washer/Dryer
328 W 40th St is a single-family home for rent in Indianapolis, IN
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
One-Time Basics
Due at Application
- Application Fee Per Applicant$50
Dogs
- Dogs Allowed
Cats
- Cats Allowed
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.
Home Details
Home Design
- Built in 1930
- Bungalow
- Single Family Detached Home
- Vinyl Siding
- Brick Foundation
Interior Spaces
- Vaulted Ceiling
- 1-Story Property
- 808 Sq Ft Home
- Main Level Square Feet
- Upper Level Square Feet
Kitchen
- Electric Oven
- Microwave
Flooring
- Luxury Vinyl Plank Tile Flooring
Bedrooms and Bathrooms
- 1 Full Bathroom
- 2 Bedrooms | 1 Bathroom
- 2 Bedrooms
- Full Bathrooms in Basement
- Half Bathrooms in Basement
Laundry
- Dryer
- Washer
Basement
- Unfinished Basement
Home Security
- Fire and Smoke Detector
Lot Details
- 5271 Sq Ft Lot
Utilities
- Forced Air Heating and Cooling System
- Public Water Source
- Electric Water Heater
- Window Unit Cooling System
Listing and Financial Details
- Security Deposit $1,150
- Property Available on 2026-07-20
- $50 Application Fee
- $3576 Total Annual Tax in 2024
- Tax Lot 49-06-14-125-264.000-801
- Assessor Parcel Number 490614125264000801
- Tenant pays for security, electricity
- The owner pays for lawncare, sewer, water
Community Details
Overview
- No Home Owners Association
- Culver Riggs & Lynns Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
- Pet Deposit $150
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch
Indianapolis, IN 46208

The information is being provided by MIBOR Association of REALTORS®. Information deemed reliable but not guaranteed.
Area Scores
Walkability
Fairly walkable40 / 100
Transit
Limited public transit30 / 100
Driveability
Very drivable80 / 100
Bikeability
Moderately bikeable60 / 100
Soundscore ™
Active74 / 100
Travel and Transit

Local Education
Primary and Secondary Schools
KIPP Indianapolis College Preparatory
Grades 6-8
Public
Broad Ripple Middle School - An IB World School
Grades 6-8
Public
Center for Inquiry School 70
Grades K-8
Public
James Whitcomb Riley School 43
Grades PK-8
Public
St. Thomas Aquinas School
Grades PK-8
Private
Shortridge High School
Grades 9-12
Public
KIPP Indy Legacy High
Grades 9-12
Public
Geo Focus Academy
Grades K-12
Private
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
School
Commute Time (Distance)
Butler University
Drive: 4 min (1.5 mi)
Ivy Tech Community College
Drive: 5 min (2 mi)
Marian Univ., Indianapolis
Drive: 5 min (2.6 mi)
IU - School of Medicine
Drive: 7 min (3.2 mi)
Discover Butler-Tarkington, Indianapolis, IN
Shopping Centers
Shoppers will appreciate 328 W 40th St proximity to 3932-3952 N Illinois St, Meridian Plaza, and 4901-4915 E Pennsylvania St.. 3932-3952 N Illinois St is 0.5 miles away, and Meridian Plaza is within a 13 minute walk.
Commuting
With a TransitScore of 30, 328 W 40th St has limited public transit, including 1 transit stop within 5.1 miles. Transit options include Indianapolis.
Parks and Recreation
Recreational activities near 328 W 40th St are plentiful. Discover 5 parks within 3.1 miles, including Oldfields Gardens, Holcomb Observatory & Planetarium, and The Children's Museum of Indianapolis.
Airports
Living in Butler-Tarkington provides easy access to Indianapolis International, located just 33 minutes from 328 W 40th St.
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