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4240 N Park Avenue, Indianapolis, IN 46205

Here's 4240 N Park Avenue in Indianapolis, IN 46205, listed at $1,049,000.

2 photos from the listing — tap any to expand.

Front exterior at 4240 N Park Avenue, Indianapolis, INFor Sale — 4240 N Park Avenue, Indianapolis, IN 462051 / 2

Quick read on the numbers:

$1,049,000$1,100,000

For Sale33 days on market
Beds

5

Baths

4

Sq ft

3,254

Built

1917

Acres

0.21

Key things to know

  • Fireplace
  • Basement
  • Hatherleigh subdivision

From the listing

Rarely does a home of this grace and architectural significance become available in Meridian Kessler-and this home has never been on the market! This meticulously renovated American Foursquare Colonial blends timeless architecture with modern luxury on one of the most desirable blocks. Inside, nearly 4,500 SF of refined living space offers 5 bedrooms and 3.5 baths, where original character meets thoughtful contemporary upgrades. Original refinished hardwoods, arched openings, dual HVAC, and designer lighting preserve the home's historic charm while elevating everyday living. The main level is designed for both elegance and flow. A spacious formal living room with dual entrances leads to a versatile formal dining room or office with charming French Doors. A striking double-arched entry opens to an exceptional accented butler's pantry with checkered tile flooring, four wine racks, and abundant cabinetry. The gourmet kitchen features top-of-the-line KitchenAid appliances, an 8-foot island, and seamless connection to the great room and mudroom with board-and-batten detail and surround sound. Upstairs, the reconfigured layout delivers an expansive primary suite with walk-in closet, gene…

A few highlights from the feature list:

Interior

Attic AccessBreakfast BarHigh CeilingsKitchen IslandEntrance FoyerHardwood FloorsEat-in KitchenPantrySmart ThermostatWired for SoundWalk-In Closet(s)Wet BarWood Work Painted

Exterior

Balcony

I'll break the details down — open any section that matters.

Rough monthly:

Monthly payment

Estimate · $1,049,000

$5,973/mo

≈ $5,583 principal & interest · $390 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $209,800 on a loan of $839,200.

Price history

  1. Listedat $1,100,000

    May 14, 2026

Hatherleigh · activity

past 6 months

Sold
3
Median price
$492,500
Median DOM
17 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 2350 N College Avenue

    $435,000

    2350 N College Avenue

    4bd · 4ba · 3,548 sqft

    Sold Jun 2026

  • 3438 Carrollton Avenue

    $158,500

    3438 Carrollton Avenue

    4bd · 2ba · 2,940 sqft

    Sold Jun 2026

  • 2442 N Alabama Street

    $469,900

    2442 N Alabama Street

    4bd · 4ba · 3,318 sqft

    Sold Jun 2026

  • 406 E 51st Street

    $415,000

    406 E 51st Street

    4bd · 4ba · 2,965 sqft

    Sold Jun 2026

  • 2333 N Talbott Street

    $610,000

    2333 N Talbott Street

    4bd · 4ba · 3,584 sqft

    Sold Jun 2026

Comparative value

5 comps in this range

This home is 141% above median for similar nearby sales.

$159K$610KMedian $435K
$1.0M

A few places to dig deeper:

Hatherleigh Indianapolis Public Schools

MLS# 22085741

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