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Single Family ResidenceResidential
$274,629$144 / 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 95How 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

2040 SOUTHERNWOOD LN

INDIANAPOLIS, IN 46231
1
Baths
1,912 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.
0.1 ac
Lot SizeThe size of the land the home sits on, from county records.
2002
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$275K
$260K low$289K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,936 (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.$249,500 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$233,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$249,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$249,500

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.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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.0.10
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
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(2)

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 SchoolD
Elementary · Grades KG–6 · 0.9 mi
H
Ben Davis High School
High · Grades 10–12 · 3.8 mi
M
Lynhurst 7th & 8th Grade CenterD
Middle · Grades 7–8 · 4.4 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

2040 Southernwood Ln 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 79% of homes in Chapel Hill / Ben Davis
  • Bigger than 77% of homes in Chapel Hill / Ben Davis
  • Has a smaller lot than 93% of homes in Indianapolis 46231
  • Newer than 96% of homes in Chapel Hill / Ben Davis

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
$157K$408K

This home is worth more than 56% 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$274,629
CheaperTypical $265,912Pricier

Pricier than 56% of homes nearby

Price per ft²$144
CheaperTypical $152Pricier

Pricier than 41% of homes nearby

Living area1,912 ft²
SmallerTypical 1,760 ft²Bigger

Bigger than 60% of homes nearby

Lot size0.1 ac
SmallerTypical 0.2 acBigger

Bigger than 7% of homes nearby

Year built2002
OlderTypical 2001Newer

Newer than 72% of homes nearby

How 2040 Southernwood Ln ranks against every home in each area.
MeasureThis homeChapel Hill / Ben DavisIndianapolis 46231Marion County
Estimated valuepricier than$274,62979% of homes56% of homes68% of homes
Price per ft²pricier than$14441% of homes41% of homes46% of homes
Living areabigger than1,912 ft²77% of homes60% of homes70% of homes
Lot sizebigger than0.1 ac8% of homes7% of homes11% of homes
Year builtnewer than200296% of homes72% of homes89% of homes

About 2040 Southernwood Ln

How much is 2040 Southernwood Ln, Indianapolis, IN worth?

The TopHap Estimate for 2040 Southernwood Ln, Indianapolis, IN is $274,629 as of Sep 24, 2026. The likely range is $260,310 to $288,948. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2040 Southernwood Ln, Indianapolis, IN last sell?

2040 Southernwood Ln, Indianapolis, IN last sold on Jun 4, 2008, according to the county's recorded deed.

How big is 2040 Southernwood Ln, Indianapolis, IN?

2040 Southernwood Ln, Indianapolis, IN has 1 bathrooms, 1,912 square feet of living space and a 0.10-acre lot.

When was 2040 Southernwood Ln, Indianapolis, IN built?

2040 Southernwood Ln, Indianapolis, IN was built in 2002, making it 24 years old. The building has 2 stories.

What schools serve 2040 Southernwood Ln, Indianapolis, IN?

2040 Southernwood Ln, Indianapolis, IN is assigned to Bridgeport Elementary School (elementary), rated D; Ben Davis High School (high); Lynhurst 7th & 8th Grade Center (middle), rated D. All sit in Wayne Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2040 Southernwood Ln, Indianapolis, IN compare to other homes in Indianapolis 46231?

Among the 3,726 homes in Indianapolis 46231, it is worth more than 56% of them ($274,629 against a typical $265,912), its price per square foot is higher than 41% of them ($144 against a typical $152), it is bigger than 60% of them (1,912 ft² against a typical 1,760 ft²), its lot is bigger than 7% of them (0.1 ac against a typical 0.2 ac) and it is newer than 72% of them (2002 against a typical 2001). Measured against all of Marion County, it is worth more than 68% 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 2040 Southernwood Ln, Indianapolis, IN?

The 2024 property tax bill for 2040 Southernwood Ln, Indianapolis, IN was $2,936. The county assessed it at $249,500.

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