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Single Family ResidenceResidential
$200,472$152 / 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 Aug 30, 2026

3151 HEMLOCK WAY

INDIANAPOLIS, IN 46203
4
Beds
2
Baths
1,323 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
1
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

$200K
$192K low$209K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,185 (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.$218,500 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$24,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$194,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$218,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$218,500

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.0.16
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(3)

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

Foreclosure Filings(1)

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

E
Arlington Elementary SchoolC+
Elementary · Grades KG–3 · 2.7 mi
H
Franklin Central High SchoolA
High · Grades 9–12 · 3.7 mi
M
Franklin Central Junior High SchoolB
Middle · Grades 7–8 · 5.0 mi

District: Franklin Township Community School Corporation

Neighborhood · ZIP 46203These 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.128
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.107
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.88%
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.18%
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.39,395
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,862 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,786
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$71,941
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

3151 Hemlock 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 68% of homes in Indianapolis 46203
  • Costs more per square foot than 75% of homes in Southeast
  • Has a smaller lot than 79% of homes in Southeast
  • Newer than 92% of homes in Southeast

What homes are worth in Indianapolis 46203

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

This home
$72K$486K

This home is worth more than 68% of homes in Indianapolis 46203.

How it measures up in Indianapolis 46203

The dot is this home. The mark in the middle is the typical home in Indianapolis 46203.

Estimated value$200,472
CheaperTypical $155,796Pricier

Pricier than 68% of homes nearby

Price per ft²$152
CheaperTypical $132Pricier

Pricier than 67% of homes nearby

Living area1,323 ft²
SmallerTypical 1,185 ft²Bigger

Bigger than 60% of homes nearby

Lot size0.16 ac
SmallerTypical 0.13 acBigger

Bigger than 64% of homes nearby

Year built2003
OlderTypical 1947Newer

Newer than 92% of homes nearby

How 3151 Hemlock Way ranks against every home in each area.
MeasureThis homeSoutheastIndianapolis 46203Marion County
Estimated valuepricier than$200,47255% of homes68% of homes38% of homes
Price per ft²pricier than$15275% of homes67% of homes53% of homes
Living areabigger than1,323 ft²45% of homes60% of homes38% of homes
Lot sizebigger than0.16 ac21% of homes64% of homes36% of homes
Year builtnewer than200392% of homes92% of homes91% of homes

About 3151 Hemlock Way

How much is 3151 Hemlock Way, Indianapolis, IN worth?

The TopHap Estimate for 3151 Hemlock Way, Indianapolis, IN is $200,472 as of Aug 30, 2026. The likely range is $191,742 to $209,202. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3151 Hemlock Way, Indianapolis, IN last sell?

3151 Hemlock Way, Indianapolis, IN last sold on Oct 5, 2007, according to the county's recorded deed.

How big is 3151 Hemlock Way, Indianapolis, IN?

3151 Hemlock Way, Indianapolis, IN has 4 bedrooms, 2 bathrooms, 1,323 square feet of living space and a 0.16-acre lot.

When was 3151 Hemlock Way, Indianapolis, IN built?

3151 Hemlock Way, Indianapolis, IN was built in 2003, making it 23 years old. The building has 1 story.

What schools serve 3151 Hemlock Way, Indianapolis, IN?

3151 Hemlock Way, Indianapolis, IN is assigned to Arlington Elementary School (elementary), rated C+; Franklin Central High School (high), rated A; Franklin Central Junior High School (middle), rated B. All sit in Franklin Township Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3151 Hemlock Way, Indianapolis, IN compare to other homes in Indianapolis 46203?

Among the 15,947 homes in Indianapolis 46203, it is worth more than 68% of them ($200,472 against a typical $155,796), its price per square foot is higher than 67% of them ($152 against a typical $132), it is bigger than 60% of them (1,323 ft² against a typical 1,185 ft²), its lot is bigger than 64% of them (0.16 ac against a typical 0.13 ac) and it is newer than 92% of them (2003 against a typical 1947). Measured against all of Marion County, it is worth more than 38% 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 3151 Hemlock Way, Indianapolis, IN?

The 2024 property tax bill for 3151 Hemlock Way, Indianapolis, IN was $2,185. The county assessed it at $218,500.

More homes on Hemlock Way

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More homes in Indianapolis 46203

Assigned schools

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