2 days on RocketTour
$4,988 Closing Credit¹
#22038828, Madeline Savoie, Listing Office: Maywright Property Co.
$449,000 List price
1240 E 56th St Indianapolis, IN 46220
$5,332
Closing credit¹
3 beds
2 full
2,332 sqft
0.2 acres
$193 / sqft
House
Property details
About 1240 E 56th St
Perfectly positioned just steps from the Monon Trail and Canterbury Park, and a short stroll to local favorites like Mama Carolla's and Diavola, this beautifully renovated home is turnkey ready with an unbeatable location. Step inside to discover new LVP flooring, fresh paint throughout, and a cozy fireplace anchoring the bright, inviting living space. The spacious primary bedroom is a true standout, featuring a walk-in closet-a rarity. The main-level bath has been completely updated with dual sinks and a luxurious, tiled shower/tub combo. Downstairs, the lower level impresses with a versatile rec area, an additional bedroom, and a fully renovated full bath-ideal for guests or entertaining. Enjoy the upcoming summer nights on the new, cozy covered porch or the expansive back deck overlooking a fenced-in yard. Roof, siding and garage siding replaced in 2022. This move-in-ready gem offers the lifestyle you've been looking for-don't miss your chance to call it home.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size2,332 sqft
BasementYes
Lot size0.19 Acres
Year built1953
MLS #22037581
FireplaceElectric
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Softener
- Basement: Yes
- Interior: Hi-Speed Internet Availbl, Programmable Thermostat, Walk-in Closet(s)
- Fireplace: Electric
- Total Bedroom Count: 3
- Architectural Style: TraditonalAmerican
- Heating: Forced Air, Natural Gas
- List Price: $449,000
- Price/SqFt: $192
- Annual Tax Amount: $3,200
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1953
- Living Area: 2,332 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 22037581
- MLS Name: MIBOR
- Office Name: F.C. Tucker Company
- Office Email: mjkressl@talktotucker.com
- Listing Agent: Matthew Kressley
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2025, 7:16:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,000
1240 E 56th St
$5,332
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 27, 2021 | Home Sold | $302,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $270,400 | $3,200 |
| 2022 | $268,500 | $3,198 |
| 2021 | $246,500 | $2,593 |
| 2020 | $243,200 | $2,655 |
| 2019 | $215,400 | $2,543 |
| 2018 | $204,800 | $2,179 |
| 2017 | $195,600 | $2,099 |
History based on county public records data.
Nearby schools
4
Ace Preparatory Academy
Public Charter KG-5
0.7 mi
•5326 Hillside Ave
3
Fox Hill Elementary School
Public District KG-5
2.0 mi
•802 Fox Hill Dr
2
Tindley Genesis Academy
Public Charter KG-6
2.0 mi
•4020 Meadows Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,555. The majority of Indianapolis, IN residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
40%
35k-100k
32%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
4%
Single, with Kids
24%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
3%
12-17 yrs old
29%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Tennis
Skiing/snowboarding- Men's Tennis
Where do the neighbors shop?
IKEA
Nordstrom
Bloomingdales
Where do the neighbors go to eat?
Chipotle
California Pizza Kitchen
Bonefish Grill
What do the neighbors drive?
Jeep
BMW
Lexus
What do the neighbors listen to?
Alternative
Talk/Personality
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1240 E 56th St
The listing price of 1240 E 56th St property is $449,000.
The property 1240 E 56th St is a house located in Indianapolis, Indiana, 46220.
Active Listing: 1240 E 56th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1240 E 56th St are: Ace Preparatory Academy (GreatSchools Rating 4/10), Fox Hill Elementary School (GreatSchools Rating 3/10), Tindley Genesis Academy (GreatSchools Rating 2/10), IPS Butler University Laboratory School 55 (GreatSchools Rating 2/10), Center For Inquiry School 84 (GreatSchools Rating 8/10), Rousseau McClellan Montessori School 91 (GreatSchools Rating 5/10), Purdue Polytechnic High School North (GreatSchools Rating 3/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10), In Math & Science Academy - North (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,200 (source: MLS/based on county public records data).
The last sale was on May 27, 2021 for $302,000 (source: MLS/tax record).
The property at 1240 E 56th St has 3 bedrooms and 2 bathrooms.
The property 1240 E 56th St is 2,332 SqFt (source: MLS/tax record).
The year of construction for 1240 E 56th St is 1953.
This home is located at 1240 E 56th St in Indianapolis, IN and zip code 46220 in the Maple Lawn neighborhood. This 2,332 square foot home, which was built in 1953, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $449,000.
In April 2025, from all listings sold in Indianapolis, IN there were more than 246 sold above asking price, over 546 sold below and more than 253 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between March and April 2025 increased by 4.9%. Listings spent 41 days on the market in April 2025, and had a median list price of $250,031 during the same period.
From Rocket Homes Real Estate and based on county public records data.