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Single Family ResidenceResidential
$271,520$153 / 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 96How 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

1556 COMPOSER WAY

INDIANAPOLIS, IN 46231
2 / 1
Baths
1,772 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.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$272K
$261K low$282K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,800 (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.$238,400 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$225,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$238,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$238,400

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.0.11
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
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.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

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.

E
Bridgeport Elementary SchoolC+
Elementary · Grades KG–6 · 0.4 mi
H
Ben Davis High SchoolD
High · Grades 10–12 · 3.4 mi
M
Lynhurst 7th & 8th Grade CenterC
Middle · Grades 7–8 · 4.5 mi

District: Wayne Township Metropolitan School District

Neighborhood · ZIP 46231These 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.53
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.12,061
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.966 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$78,525
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$102,682
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%

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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

1556 Composer Way 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 78% of homes in Chapel Hill / Ben Davis
  • Bigger than 68% of homes in Chapel Hill / Ben Davis
  • Has a smaller lot than 90% of homes in Chapel Hill / Ben Davis
  • Newer than 87% of homes in Marion County

What homes are worth in Indianapolis 46231

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

This home
$155K$406K

This home is worth more than 54% of homes in Indianapolis 46231.

How it measures up in Indianapolis 46231

The dot is this home. The mark in the middle is the typical home in Indianapolis 46231.

Estimated value$271,520
CheaperTypical $265,912Pricier

Pricier than 54% of homes nearby

Price per ft²$153
CheaperTypical $152Pricier

Pricier than 51% of homes nearby

Living area1,772 ft²
SmallerTypical 1,758 ft²Bigger

Bigger than 51% of homes nearby

Lot size0.11 ac
SmallerTypical 0.2 acBigger

Bigger than 12% of homes nearby

Year built2001
OlderTypical 2001Newer

Newer than 51% of homes nearby

How 1556 Composer Way ranks against every home in each area.
MeasureThis homeChapel Hill / Ben DavisIndianapolis 46231Marion County
Estimated valuepricier than$271,52078% of homes54% of homes67% of homes
Price per ft²pricier than$15356% of homes51% of homes56% of homes
Living areabigger than1,772 ft²68% of homes51% of homes64% of homes
Lot sizebigger than0.11 ac10% of homes12% of homes15% of homes
Year builtnewer than200186% of homes51% of homes87% of homes

About 1556 Composer Way

How much is 1556 Composer Way, Indianapolis, IN worth?

The TopHap Estimate for 1556 Composer Way, Indianapolis, IN is $271,520 as of Sep 24, 2026. The likely range is $260,559 to $282,481. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 1556 Composer Way, Indianapolis, IN?

1556 Composer Way, Indianapolis, IN has 2 bathrooms, 1,772 square feet of living space and a 0.11-acre lot.

When was 1556 Composer Way, Indianapolis, IN built?

1556 Composer Way, Indianapolis, IN was built in 2001, making it 25 years old. The building has 2 stories.

What schools serve 1556 Composer Way, Indianapolis, IN?

1556 Composer Way, Indianapolis, IN is assigned to Bridgeport Elementary School (elementary), rated C+; Ben Davis High School (high), rated D; Lynhurst 7th & 8th Grade Center (middle), rated C. All sit in Wayne Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1556 Composer Way, Indianapolis, IN compare to other homes in Indianapolis 46231?

Among the 3,730 homes in Indianapolis 46231, it is worth more than 54% of them ($271,520 against a typical $265,912), its price per square foot is higher than 51% of them ($153 against a typical $152), it is bigger than 51% of them (1,772 ft² against a typical 1,758 ft²), its lot is bigger than 12% of them (0.11 ac against a typical 0.2 ac) and it is newer than 51% of them (2001 against a typical 2001). Measured against all of Marion County, it is worth more than 67% 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 1556 Composer Way, Indianapolis, IN?

The 2024 property tax bill for 1556 Composer Way, Indianapolis, IN was $2,800. The county assessed it at $238,400.

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