Google street view image for 6040 Michigan Rd, Indianapolis, IN 46228

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SOLD

$230,388

•

— ba

•

1,578

sq ft

6040 Michigan Rd, Indianapolis, IN 46228

About this home

This is it! Nearly an acre of land w/ commercial potential. Charming 3 BR home features a large fenced yard, original hardwood floors, arched interior openings, second story master BR balcony and wood trim. Beautifully landscaped yard. New sump pump. New well pump w/ $2500 5 yr warranty. B dry basement system w/ $10k life time warranty. So much potential for both business or residential.

Single-familyProperty Type

1937Year Built

0.81 acresLot Size

$146Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$230,388

$147K since last sold$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.6% lower than the average sale price ($234K) of 6 comparable homes.

SOLD APR 22, 2026
$225,000
A
3 beds2 baths1,344 sq ft
2350 W 58th St, Indianapolis, IN 46228
SOLD AUG 18, 2026
$180,000
B
3 beds2 baths3,220 sq ft
2215 W 60th St, Indianapolis, IN 46228
SOLD JUN 17, 2026
$249,290
C
3 beds1.5 baths2,522 sq ft
2620 W 61st St, Indianapolis, IN 46228
SOLD JUL 9, 2026
$200,000
D
3 beds1 bath912 sq ft
2008 Riviera St, Indianapolis, IN 46260
SOLD AUG 6, 2026
$295,000
E
3 beds2 baths1,692 sq ft
6528 Grandview Dr, Indianapolis, IN 46260
SOLD JUN 23, 2026
$255,000
F
3 beds2 baths1,589 sq ft
2316 W 66th St, Indianapolis, IN 46260

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Earn from this home

Sell

$215,079

Est. take-home

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Rent

$1,728/mo

Redfin rental estimate

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Market trends in 46228, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.1% MoM

Median sale price

$278K

$7K MoM

Avg. days on market

10d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

$235,000
2 beds1 bath1,876 sq ft
1651 W 57th St, Indianapolis, IN 46228
$270,000
2 beds2.5 baths2,128 sq ft
1990 Oldfields Circle North Dr, Indianapolis, IN 46228
$414,900
4 beds2 baths4,464 sq ft
2615 Orlando St, Indianapolis, IN 46228
OPEN THU, 6PM TO 8PM
$340,000
4 beds2.5 baths3,939 sq ft
4752 Arabian Run, Indianapolis, IN 46228
$300,000
4 beds2 baths1,725 sq ft
6130 Munsee Ln, Indianapolis, IN 46228
$175,000
2 beds2 baths1,362 sq ft
2240 Rome Dr Unit C, Indianapolis, IN 46228
$750,000
3 beds3 baths2,614 sq ft
39 Highland Manor Ct N, Indianapolis, IN 46228
$226,400
3 beds1 bath1,036 sq ft
3722 W 41st Ter, Indianapolis, IN 46228
$519,900
4 beds2.5 baths3,954 sq ft
4516 Sylvan Rd, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 6040 Michigan Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21352825

Sep 2, 2015

Pending

—

Jul 29, 2015

Pending

—

Jul 10, 2015

Relisted

—

Jun 2, 2015

Contingent

—

May 12, 2015

Listed

$85,900

$54/sq ft

MIBOR as Distributed by MLS Grid #21054094

Jan 18, 2011

Listing Removed

—

Oct 25, 2010

Listed

$75,000

$48/sq ft

MIBOR as Distributed by MLS Grid #21038012

Oct 19, 2010

Listing Removed

—

Jul 18, 2010

Listed

$85,000

$54/sq ft

MIBOR as Distributed by MLS Grid #2363005

Dec 12, 2003

Listed

$43,900

$28/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,628 (−0.2%)

$85,700 + $143,700

$229,400

2024

$2,635 (+11.0%)

$85,700 + $122,600

$208,300

2023

$2,373 (+19.5%)

$85,700 + $122,600

$208,300

2022

$1,986 (+19.6%)

$85,700 + $112,500

$198,200

2021

$1,660 (−52.5%)

$33,300 + $101,000

$134,300

2020

$3,492 (+165.6%)

$33,300 + $101,000

$134,300

2019

$1,315 (+9.1%)

$33,300 + $102,600

$135,900

2018

$1,205 (−4.2%)

$33,300 + $94,000

$127,300

2017

$1,257 (+18.6%)

$33,300 + $92,600

$125,900

2016

$1,060 (+27.1%)

$33,300 + $92,600

$125,900

2015

$834 (−63.3%)

$33,300 + $83,300

$116,600

2014

$2,271 (−0.1%)

$33,300 + $79,900

$113,200

2013

$2,274

$33,300 + $76,900

$110,200

Tax history for 6040 Michigan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,628 (−0.2%)

$85,700 + $143,700

$229,400

2024

$2,635 (+11.0%)

$85,700 + $122,600

$208,300

2023

$2,373 (+19.5%)

$85,700 + $122,600

$208,300

2022

$1,986 (+19.6%)

$85,700 + $112,500

$198,200

2021

$1,660 (−52.5%)

$33,300 + $101,000

$134,300

2020

$3,492 (+165.6%)

$33,300 + $101,000

$134,300

2019

$1,315 (+9.1%)

$33,300 + $102,600

$135,900

2018

$1,205 (−4.2%)

$33,300 + $94,000

$127,300

2017

$1,257 (+18.6%)

$33,300 + $92,600

$125,900

2016

$1,060 (+27.1%)

$33,300 + $92,600

$125,900

2015

$834 (−63.3%)

$33,300 + $83,300

$116,600

2014

$2,271 (−0.1%)

$33,300 + $79,900

$113,200

2013

$2,274

$33,300 + $76,900

$110,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.81 Acres

Year renovated

1954

Sq. Ft.

1,578

Year built

1937

Style

Single Family Residential

County

Marion County

APN

490604115010000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Office-Buffer District

The C-1 District is designed to perform two functions: act as a buffer between uses, and provide for a freestanding area that office uses, compatible office-type uses, such as medical and dental facilities, education services, and certain public and semipublic uses may be developed with the assurance that retail and other heavier commercial uses with incompatible characteristics will not impede or disrupt. Since the buildings for office, office-type and public and semipublic uses are typically much less commercial in appearance, landscaped more fully and architecturally more harmonious with residential structures, this District can serve as a buffer between protected Districts and more intense commercial or industrial areas/Districts - if designed accordingly. This District, with its offices and other buffer type uses, may also be used along certain thoroughfares where a gradual and reasonable transition from existing residential use should occur.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Religious facility
Bank
Day care facility
Housing-Senior
Bed & breakfast
Office
Medical office
Research & development
Library
Park & open space

Property details

Around this home

Schools

Crooked Creek Elementary School

Public K-5 • Assigned • 0.5mi

4/10

Westlane Middle School

Public 6-8 • Assigned • 1.8mi

6/10

North Central High School

Public 9-12 • Assigned • 5.0mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 18 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46228

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$219,000 – $265,000

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Home values near 6040 Michigan Rd

Data from public records.

Address	Redfin Estimate
6045 Michigan Rd, Indianapolis, IN 2 Beds \| - Baths \| 856 Sq. Ft.	$217,230
6031 Michigan Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1560 Sq. Ft.	$232,714

Address	Redfin Estimate
6105 Michigan Rd, Indianapolis, IN 2 Beds \| - Baths \| 1960 Sq. Ft.	—
6102 Michigan Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2040 Sq. Ft.	$343,735

Address	Redfin Estimate
6091 Michigan Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$333,036
6133 Michigan Rd, Indianapolis, IN 3 Beds \| - Baths \| 1020 Sq. Ft.	$169,518

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