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Single Family ResidenceResidential
$534,931$196 / 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 86How 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
Last sold for $507,000 on Nov 21, 2024

231 N ALABAMA ST

INDIANAPOLIS, IN 46204
3
Beds
2
Baths
2,736 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.
3,212 ft²
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.
3
StoriesHow many floors the home has above ground.
8
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

$535K
$461K low$609K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$507,000 · Nov 21, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,328 (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.$522,200 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$116,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$406,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$522,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$522,200

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.0.07
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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
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
Benjamin Harrison School 2B+
Elementary · Grades KG–5 · 0.5 mi
H
Arsenal Technical High School
High · Grades 9–12 · 1.0 mi
M
Henry W. Longfellow Middle SchoolD-
Middle · Grades 6–8 · 1.1 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46204These 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.166
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

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.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.44%
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.1.6%
PopulationHow many people live in this area.8,287
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8,438 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$85,136
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,923
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.40 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

231 N Alabama St 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 95% of homes in Marion County
  • Costs less per square foot than 88% of homes in Indianapolis 46204
  • Bigger than 91% of homes in Marion County
  • Has a smaller lot than 94% of homes in Marion County
  • Newer than 89% of homes in Marion County

What homes are worth in Indianapolis 46204

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

This home
$101K$1.4M

This home is worth more than 85% of homes in Indianapolis 46204.

How it measures up in Indianapolis 46204

The dot is this home. The mark in the middle is the typical home in Indianapolis 46204.

Estimated value$534,931
CheaperTypical $360,068Pricier

Pricier than 85% of homes nearby

Price per ft²$196
CheaperTypical $259Pricier

Pricier than 12% of homes nearby

Living area2,736 ft²
SmallerTypical 1,365 ft²Bigger

Bigger than 88% of homes nearby

Lot size3,212 ft²
SmallerTypical 697 ft²Bigger

Bigger than 92% of homes nearby

Year built2002
OlderTypical 2001Newer

Newer than 67% of homes nearby

How 231 N Alabama St ranks against every home in each area.
MeasureThis homeDowntownIndianapolis 46204Marion County
Estimated valuepricier than$534,93183% of homes85% of homes95% of homes
Price per ft²pricier than$19623% of homes12% of homes86% of homes
Living areabigger than2,736 ft²87% of homes88% of homes91% of homes
Lot sizebigger than3,212 ft²63% of homes92% of homes6% of homes
Year builtnewer than200276% of homes67% of homes89% of homes

About 231 N Alabama St

How much is 231 N Alabama St, Indianapolis, IN worth?

The TopHap Estimate for 231 N Alabama St, Indianapolis, IN is $534,931 as of Sep 24, 2026. The likely range is $460,751 to $609,112. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 231 N Alabama St, Indianapolis, IN last sell?

231 N Alabama St, Indianapolis, IN last sold on Nov 21, 2024 for $507,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 231 N Alabama St, Indianapolis, IN?

231 N Alabama St, Indianapolis, IN has 3 bedrooms, 2 bathrooms, 2,736 square feet of living space and a 0.07-acre lot.

When was 231 N Alabama St, Indianapolis, IN built?

231 N Alabama St, Indianapolis, IN was built in 2002, making it 24 years old. The building has 3 stories.

What schools serve 231 N Alabama St, Indianapolis, IN?

231 N Alabama St, Indianapolis, IN is assigned to Benjamin Harrison School 2 (elementary), rated B+; Arsenal Technical High School (high); Henry W. Longfellow Middle School (middle), rated D-. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 231 N Alabama St, Indianapolis, IN compare to other homes in Indianapolis 46204?

Among the 1,185 homes in Indianapolis 46204, it is worth more than 85% of them ($534,931 against a typical $360,068), its price per square foot is higher than 12% of them ($196 against a typical $259), it is bigger than 88% of them (2,736 ft² against a typical 1,365 ft²), its lot is bigger than 92% of them (3,212 ft² against a typical 697 ft²) and it is newer than 67% of them (2002 against a typical 2001). Measured against all of Marion County, it is worth more than 95% 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 231 N Alabama St, Indianapolis, IN?

The 2024 property tax bill for 231 N Alabama St, Indianapolis, IN was $6,328. The county assessed it at $522,200.

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