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Single Family ResidenceResidential
$246,537$116 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1131 SOUTHWOOD DR

INDIANAPOLIS, IN 46227
4
Beds
1
Baths
2,128 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.32 ac
Lot SizeThe size of the land the home sits on, from county records.
1954
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$247K
$240K low$253K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,519 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$234,500 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$22,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$212,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$234,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$234,500

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.1 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.32
ConstructionThe main material the home's frame and walls are built from.Brick
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Masonry
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.Above-Ground Pool
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 112 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Southport High School
High · Grades 9–12 · 0.2 mi
E
Homecroft Elementary SchoolC-
Elementary · Grades 1–5 · 0.5 mi
M
Southport Middle SchoolC
Middle · Grades 7–8 · 1.2 mi

District: Perry Township Metropolitan School District

Neighborhood · ZIP 46227These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.102
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.61,597
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,676 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$51,366
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$69,128
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.41 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1131 Southwood Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 66% of homes in Indianapolis 46227
  • Costs less per square foot than 94% of homes in Homecroft
  • Bigger than 87% of homes in Indianapolis 46227
  • Has a smaller lot than 94% of homes in Homecroft
  • Older than 67% of homes in Indianapolis 46227

What homes are worth in Indianapolis 46227

Each bar is how many homes fall in that price range. The marker is this home.

This home
$91K$386K

This home is worth more than 66% of homes in Indianapolis 46227.

How it measures up in Indianapolis 46227

The dot is this home. The mark in the middle is the typical home in Indianapolis 46227.

Estimated value$246,537
CheaperTypical $226,042Pricier

Pricier than 66% of homes nearby

Price per ft²$116
CheaperTypical $151Pricier

Pricier than 15% of homes nearby

Living area2,128 ft²
SmallerTypical 1,430 ft²Bigger

Bigger than 87% of homes nearby

Lot size0.32 ac
SmallerTypical 0.34 acBigger

Bigger than 46% of homes nearby

Year built1954
OlderTypical 1961Newer

Newer than 33% of homes nearby

How 1131 Southwood Dr ranks against every home in each area.
MeasureThis homeHomecroftIndianapolis 46227Marion County
Estimated valuepricier than$246,53750% of homes66% of homes57% of homes
Price per ft²pricier than$1166% of homes15% of homes21% of homes
Living areabigger than2,128 ft²79% of homes87% of homes78% of homes
Lot sizebigger than0.32 ac6% of homes46% of homes74% of homes
Year builtnewer than195446% of homes33% of homes36% of homes

About 1131 Southwood Dr

How much is 1131 Southwood Dr, Indianapolis, IN worth?

The TopHap Estimate for 1131 Southwood Dr, Indianapolis, IN is $246,537 as of Sep 24, 2026. The likely range is $240,266 to $252,808. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1131 Southwood Dr, Indianapolis, IN last sell?

1131 Southwood Dr, Indianapolis, IN last sold on Jul 19, 2005, according to the county's recorded deed.

How big is 1131 Southwood Dr, Indianapolis, IN?

1131 Southwood Dr, Indianapolis, IN has 4 bedrooms, 1 bathrooms, 2,128 square feet of living space and a 0.32-acre lot.

When was 1131 Southwood Dr, Indianapolis, IN built?

1131 Southwood Dr, Indianapolis, IN was built in 1954, making it 72 years old. The building has 2 stories.

What schools serve 1131 Southwood Dr, Indianapolis, IN?

1131 Southwood Dr, Indianapolis, IN is assigned to Southport High School (high); Homecroft Elementary School (elementary), rated C-; Southport Middle School (middle), rated C. All sit in Perry Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1131 Southwood Dr, Indianapolis, IN compare to other homes in Indianapolis 46227?

Among the 14,184 homes in Indianapolis 46227, it is worth more than 66% of them ($246,537 against a typical $226,042), its price per square foot is higher than 15% of them ($116 against a typical $151), it is bigger than 87% of them (2,128 ft² against a typical 1,430 ft²), its lot is bigger than 46% of them (0.32 ac against a typical 0.34 ac) and it is newer than 33% of them (1954 against a typical 1961). Measured against all of Marion County, it is worth more than 57% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1131 Southwood Dr, Indianapolis, IN?

The 2024 property tax bill for 1131 Southwood Dr, Indianapolis, IN was $2,519. The county assessed it at $234,500.

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