Highlights
Pet Friendly
Location
Tour 825 E 40th St
Contact
A Step Ahead Management
Nearby rentals
Property management
A Step Ahead Management
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Great for
Apartment Amenities
| Air Conditioning | Hardwood Floor |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Refrigerator |
Building
| Basement | Cats OK |
| Dogs OK | Laundry Hookups in Unit |
| Onsite Laundry |
Grounds
| Off-Street Parking |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
This well-maintained 2-bedroom duplex in the Hammonds neighborhood offers a functional layout with the character and craftsmanship of a classic home. Original hardwood floors, natural wood trim, and large windows create a bright and welcoming living space while preserving the home's timeless appeal. The main level features a spacious living room that flows into a formal dining room with built-in cabinetry, providing additional storage and a distinctive architectural feature. The kitchen offers ample cabinet and counter space and comes equipped with a stove, refrigerator, and dishwasher, making it ready for everyday living. Upstairs, you'll find two comfortable bedrooms with hardwood flooring throughout. The primary bedroom features both his-and-her closets, offering generous storage space, while the second bedroom is ideal for a guest room, home office, or additional living space. The full bathroom is conveniently located on the second floor. An unfinished basement provides additional storage space and includes room for laundry. Please note that the basement is intended for storage only and is not suitable for use as living space. Street parking is available. Washer/Dryer Hookups Stove, Dishwasher & Fridge Included! Minimum security deposit = $1,299 Lease Term- 12 Months Utilities - The resident is responsible for all utilities of gas, electricity, water, sewer, stormwater, and trash. Flat rate fee of $105 paid each month along with rent for the water, sewer, and trash Pet Fee - $250 non-refundable pet fee per pet. Max two pets. Monthly pet fee of $25 per pet. Aggressive breed dogs allowed by must have required insurance. Call or email for details $60 application fee for anyone over the age of 18. Applications are completed online. Applications and Application criteria are at astephome com apply A Step Ahead Management Residents are enrolled in the Resident Benefits Package (RBP) for $45/month which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), a best-in-class resident rewards program, and much more! More details upon application approval. Call the school directly to verify the district. Duplex Stove
How 825 E 40th St compares to other nearby properties.
Positives
| Neighborhood | Meridian Kessler |
|---|---|
| Zip code | 46205 |
| Type | Apartment for rent |
2-bedroom apartments at 825 E 40th St cost about 2% less than the average rent price for 2-bedroom apartments in Indianapolis.
| Month | Median Rent |
|---|---|
| August 2024 | $1,376 |
| September 2024 | $1,384 |
| October 2024 | $1,394 |
| November 2024 | $1,392 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,275 |
| November 2025 | $1,275 |
| December 2025 | $1,256 |
| January 2026 | $1,245 |
| February 2026 | $1,239 |
| March 2026 | $1,250 |
| April 2026 | $1,250 |
| May 2026 | $1,275 |
| June 2026 | $1,288 |
| July 2026 | $1,270 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,900 |
| September 2024 | $1,862 |
| October 2024 | $1,773 |
| November 2024 | $1,523 |
| December 2024 | $1,677 |
| January 2025 | $1,678 |
| February 2025 | $1,460 |
| March 2025 | $1,755 |
| April 2025 | $1,721 |
| May 2025 | $1,717 |
| June 2025 | $1,333 |
| July 2025 | $1,431 |
| August 2025 | $1,411 |
| September 2025 | $1,452 |
| October 2025 | $1,740 |
| November 2025 | $1,513 |
| December 2025 | $1,452 |
| January 2026 | $1,593 |
| February 2026 | $1,546 |
| March 2026 | $1,550 |
| April 2026 | $1,550 |
| May 2026 | $1,567 |
| June 2026 | $1,518 |
| July 2026 | $1,409 |
Can I afford to live at 825 E 40th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$51,960/yr
| 2 years ago | $1,199 |
| 3 years ago | $1,199 |
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