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5240 E 34th Street, Indianapolis, IN 46218

East Moreland Place · Marion County

Key Facts

2Beds
1Baths
864Sq Ft
1930Year Built
0.22Lot (acres)

Description

Welcome to 5240 East 34th Street in Indianapolis - a great opportunity for homeowners and investors alike. This property offers strong potential with a convenient location close to shopping, dining, schools, major roadways, and everything the east side of Indianapolis has to offer. Whether you are looking for a place to call home or an addition to your investment portfolio, this property is full of possibilities. Don't miss your chance to make it your own.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Traditional

Year Built

1930

Living Area

864 sq ft

Lot Size

0.22 acres

Days on Market

38

MLS® Listing#

22096203

Property Features

Appliances

Gas Water HeaterElectric Oven

Cooling

Wall Unit(s)

Heating

Forced AirNatural Gas

Basement

Crawl Space

Patio

Porch

Lot Features

Corner Lot

Construction

Aluminum Siding

Other Structures

Barn(s)

Water Source

Public

Schools

Middle:
Arlington Community Middle School
High:
Shortridge High School

Financial Details

HOA

None

Parcel Number

490722104097000701

Directions

From Emerson and 34th, take E 34th Street East. Home on NW corner of E 34th Street and N Butler Avenue.

Affordability Calculator

$18,900

Estimated monthly payment

$503/mo

Principal $75,600 · Est. interest $105,469 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Indianapolis, IN

$277,304
Median Listing Price
57
Median Days on Market
1,632
Median Sq Ft
$158
Median Price / Sq Ft
3,378
Active Listings
  • This home’s price is 66% below the area median.
  • Its price per sq ft is 31% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.

Location

Map showing the location of 5240 E 34th Street, Indianapolis, IN 46218

Points of Interest in Indianapolis, IN

Showing the Indianapolis area map.

Nearby Schools

  • Rooted School

    Secondary · 0.7 mi away

  • Forest Manor Junior High School

    Secondary · 0.8 mi away

  • The Hutson School

    Secondary · 0.8 mi away

  • Arlington Woods School 99

    Elementary · 0.8 mi away

  • Floro Torrence Elementary School

    Elementary · 1.1 mi away

  • St. Andrew the Apostle Catholic Church

    School · 1.1 mi away

  • Arlington Elementary School

    Elementary · 1.1 mi away

  • Tindley Renaissance Academy

    School · 1.5 mi away

  • Ips School

    School · 1.5 mi away

  • Avondale Meadows Academy

    School · 1.9 mi away

  • Qmark

    School · 1.9 mi away

  • The Excel Center

    School · 1.9 mi away

  • Tindley Accelerated Schools

    Secondary · 1.9 mi away

  • James Russell Lowell School 51

    Elementary · 2.0 mi away

  • Pla 93

    Elementary · 2.0 mi away

  • Tindley Collegiate Academy

    Secondary · 2.1 mi away

  • The Excel Center

    School · 2.2 mi away

  • Robert Lee Frost School 106

    Elementary · 2.2 mi away

  • Scecina Memorial High School

    Secondary · 2.2 mi away

  • Anna Brochhausen School 88

    Elementary · 2.2 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Indianapolis

Listing Courtesy: Keller Williams Indy Metro Partners - sold@forneygroup.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. 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.

Last Updated: 2026-04-20

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Data provided by MIBOR. MLS® Listing#22096203. © 2026EXIT Realty®. All rights reserved.