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Single Family ResidenceResidential
$80,952$97 / 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 73How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

2534 E 40TH ST

INDIANAPOLIS, IN 46205
2
Beds
0
Baths
836 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$81K
$59K low$103K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$60 (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.$58,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$53,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$58,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$58,800

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.0.12
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
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, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

M
Avondale Meadows Middle SchoolD
Middle · Grades 6–8 · 0.4 mi
E
Rousseau McClellan Montessori School 91B-
Elementary · Grades PK–5 · 1.2 mi
H
Shortridge High School
High · Grades 9–12 · 2.0 mi

District: Avondale Meadows Middle School

Neighborhood · ZIP 46205These 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.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.28,148
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,340 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,510
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,995
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

2534 E 40th 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 less than 98% of homes in Indianapolis 46205
  • Costs less per square foot than 93% of homes in Indianapolis 46205
  • Smaller than 93% of homes in Marion County
  • Has a smaller lot than 96% of homes in Meadows
  • Older than 85% of homes in Meadows

What homes are worth in Indianapolis 46205

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

This home
$82K$890K

This home is worth more than 2% of homes in Indianapolis 46205.

How it measures up in Indianapolis 46205

The dot is this home. The mark in the middle is the typical home in Indianapolis 46205.

Estimated value$80,952
CheaperTypical $258,549Pricier

Pricier than 2% of homes nearby

Price per ft²$97
CheaperTypical $176Pricier

Pricier than 7% of homes nearby

Living area836 ft²
SmallerTypical 1,590 ft²Bigger

Bigger than 10% of homes nearby

Lot size0.12 ac
SmallerTypical 0.14 acBigger

Bigger than 19% of homes nearby

Year built1930
OlderTypical 1925Newer

Newer than 62% of homes nearby

How 2534 E 40th St ranks against every home in each area.
MeasureThis homeMeadowsIndianapolis 46205Marion County
Estimated valuepricier than$80,95214% of homes2% of homes3% of homes
Price per ft²pricier than$9732% of homes7% of homes10% of homes
Living areabigger than836 ft²30% of homes10% of homes7% of homes
Lot sizebigger than0.12 ac4% of homes19% of homes16% of homes
Year builtnewer than193015% of homes62% of homes21% of homes

About 2534 E 40th St

How much is 2534 E 40th St, Indianapolis, IN worth?

The TopHap Estimate for 2534 E 40th St, Indianapolis, IN is $80,952 as of Oct 21, 2026. The likely range is $59,051 to $102,853. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 2534 E 40th St, Indianapolis, IN?

2534 E 40th St, Indianapolis, IN has 2 bedrooms, 836 square feet of living space and a 0.12-acre lot.

When was 2534 E 40th St, Indianapolis, IN built?

2534 E 40th St, Indianapolis, IN was built in 1930, making it 96 years old. The building has 1 story.

What schools serve 2534 E 40th St, Indianapolis, IN?

2534 E 40th St, Indianapolis, IN is assigned to Avondale Meadows Middle School (middle), rated D; Rousseau McClellan Montessori School 91 (elementary), rated B-; Shortridge High School (high). All sit in Avondale Meadows Middle School. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2534 E 40th St, Indianapolis, IN compare to other homes in Indianapolis 46205?

Among the 10,200 homes in Indianapolis 46205, it is worth more than 2% of them ($80,952 against a typical $258,549), its price per square foot is higher than 7% of them ($97 against a typical $176), it is bigger than 10% of them (836 ft² against a typical 1,590 ft²), its lot is bigger than 19% of them (0.12 ac against a typical 0.14 ac) and it is newer than 62% of them (1930 against a typical 1925). Measured against all of Marion County, it is worth more than 3% 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 2534 E 40th St, Indianapolis, IN?

The 2024 property tax bill for 2534 E 40th St, Indianapolis, IN was $60. The county assessed it at $58,800.

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Assigned schools

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