5557 E 41st Street
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5557 E 41st StreetIndianapolis, IN 46226


Sold
$135,000
Sale Price (listed for $135K)
4
Bd
1
Ba
1,280
Sqft
0.16
Ac Lot

5557 E 41st Street Indianapolis, IN 46226


Single Family Property Type
4 monthsTime since sold
$105Price per sqft
1 carGarage
1956Year Built
Welcome to a charming ranch-style home nestled in the heart of Indianapolis, within the growing Devington neighborhood. This spacious 1,280 square feet residence boasts four inviting bedrooms and a well-appointed bathroom, making it a cozy haven for anyone seeking comfort and convenience. The layout offers a large laundry room that enhances functionality, while the private backyard presents an idyllic spot for relaxation or outdoor gatherings. This home has previously been a profitable rental, showcasing its strong potential for continued rental income or even a thrilling flip opportunity. Whether you're searching for your next home or a savvy investment, this property stands out with its charm and versatility.

Approximate location on a geospatial gridEast Indy
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Year Built

1956

City

Indianapolis

Type

Single Family Residence

Neighborhood

Fall Creek Corridor

County

Marion

Lot Size

0.16 ac / 7,100 sqft

Bedrooms

4

Full Bathrooms

1

Half Bathrooms

0

Garage Capacity

1

Living Area Total

1,280 sqft

Price per sqft

$105.47

Living Area Main & Upper

1,280 sqft

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Listing Agent

Kathryn Teltow
765-228-1204

Buyer Agent

Maria Castano
317-650-6918

Listing Provider

Highgarden Real Estate

MLS #

22016580

Source

MIBOR as distributed by MLS GRID

Last Modified

Wed Feb 19 2025

Sold on

Feb 14 2025

Listed on

Tue Jan 07 2025


Property History

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Fall Creek Corridor

Approximate location on a geospatial gridEast Indy
Fall Creek Corridor media

The Fall Creek Corridor spans a collection of historic and evolving neighborhoods along the Fall Creek waterway, connecting some of Indianapolis’s most recognizable landmarks with everyday community spaces. This stretch includes Fall Creek Place, Mapleton-Fall Creek, Herron-Morton Place, and Kennedy-King — each with its own character, mix of housing, and neighborhood anchors. The Fall Creek Greenway is a central thread, offering a scenic multi-use trail system for walking, biking, and connecting to the Monon Trail and White River paths. Along the way, residents encounter curated green spaces like the Fall Creek Place Arboretum, Craig Kids Memorial Park, George E. Kessler Park, and the serene Watson Road Bird Preserve, each contributing to a lifestyle rich in outdoor access.

This area is also home to many cultural, educational, and community-driven institutions. The Children’s Museum of Indianapolis anchors the west end of the corridor, while performance spaces like Footlite Musicals and the historic Martin Luther King, Jr Park — home to the Landmark for Peace Memorial — highlight the region’s deep cultural roots. Herron High School, St. Richard's Episcopal School, and Ivy Tech Community College serve local families and students, while nearby institutions like Tabernacle Presbyterian Church and CITYOGA School of Yoga and Health offer space for connection and wellness. Crown Hill Cemetery, one of the largest cemeteries in the country, is both a historic site and popular destination for walking and events.

The food and drink scene continues to expand, with local favorites like Blue Mind Coffee, Goose the Market, and PROVIDER Coffee & Cocktail Lounge offering go-to options for neighbors and visitors alike. Dining spots such as Kountry Kitchen, Tinker Street, Bocca Restaurant, MashCraft Brewing, and Baby’s Indy reflect the corridor’s range of tastes and atmospheres. You’ll also find Gather 22 for brunch and art, Foundry Provisions for coffee and community events, and new venues like West Fork Whiskey Co. bringing energy to the area. For books and local culture, Loudmouth Books adds a literary presence. Altogether, the Fall Creek Corridor offers a location that’s connected, walkable, and full of places to explore—whether you’re enjoying a trail run, catching a show, or meeting friends for coffee.

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