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Single Family ResidenceResidential
$817,142$233 / 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 84How 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 $250,000 on Sep 12, 2016

340 E 56TH ST

INDIANAPOLIS, IN 46220
4
Beds
1.5
Baths
3,512 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.
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1931
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
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

$817K
$687K low$947K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$250,000 · Sep 12, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,583 (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.$744,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$99,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$645,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$624,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$744,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARION
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1992
Lot (acres)The size of the land the home sits on, from county records.0.30
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.Slate
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(5)

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
Joseph J. Bingham School 84A+
Elementary · Grades KG–5 · 0.2 mi
M
Broad Ripple Middle SchoolD-
Middle · Grades 6–8 · 1.2 mi
H
Purdue Polytechnic High School Broad Ripple
High · Grades 9–12 · 1.2 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46220These 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.85
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.100
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
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.36,029
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,893 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,729
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,095
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

340 E 56th 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 98% of homes in Marion County
  • Costs more per square foot than 94% of homes in Marion County
  • Bigger than 97% of homes in Marion County
  • Has a bigger lot than 89% of homes in Meridian Kessler
  • Newer than 82% of homes in Meridian Kessler

What homes are worth in Indianapolis 46220

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

This home
$163K$1M

This home is worth more than 95% of homes in Indianapolis 46220.

How it measures up in Indianapolis 46220

The dot is this home. The mark in the middle is the typical home in Indianapolis 46220.

Estimated value$817,142
CheaperTypical $328,987Pricier

Pricier than 95% of homes nearby

Price per ft²$233
CheaperTypical $211Pricier

Pricier than 60% of homes nearby

Living area3,512 ft²
SmallerTypical 1,640 ft²Bigger

Bigger than 95% of homes nearby

Lot size0.31 ac
SmallerTypical 0.22 acBigger

Bigger than 62% of homes nearby

Year built1931
OlderTypical 1950Newer

Newer than 23% of homes nearby

How 340 E 56th St ranks against every home in each area.
MeasureThis homeMeridian KesslerIndianapolis 46220Marion County
Estimated valuepricier than$817,14287% of homes95% of homes98% of homes
Price per ft²pricier than$23344% of homes60% of homes94% of homes
Living areabigger than3,512 ft²92% of homes95% of homes97% of homes
Lot sizebigger than0.31 ac89% of homes62% of homes72% of homes
Year builtnewer than193182% of homes23% of homes21% of homes

About 340 E 56th St

How much is 340 E 56th St, Indianapolis, IN worth?

The TopHap Estimate for 340 E 56th St, Indianapolis, IN is $817,142 as of Sep 24, 2026. The likely range is $687,087 to $947,197. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 340 E 56th St, Indianapolis, IN last sell?

340 E 56th St, Indianapolis, IN last sold on Sep 12, 2016 for $250,000, according to the county's recorded deed.

How big is 340 E 56th St, Indianapolis, IN?

340 E 56th St, Indianapolis, IN has 4 bedrooms, 1.5 bathrooms, 3,512 square feet of living space and a 0.30-acre lot.

When was 340 E 56th St, Indianapolis, IN built?

340 E 56th St, Indianapolis, IN was built in 1931, making it 95 years old. The building has 2 stories.

What schools serve 340 E 56th St, Indianapolis, IN?

340 E 56th St, Indianapolis, IN is assigned to Joseph J. Bingham School 84 (elementary), rated A+; Broad Ripple Middle School (middle), rated D-; Purdue Polytechnic High School Broad Ripple (high). All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 340 E 56th St, Indianapolis, IN compare to other homes in Indianapolis 46220?

Among the 13,823 homes in Indianapolis 46220, it is worth more than 95% of them ($817,142 against a typical $328,987), its price per square foot is higher than 60% of them ($233 against a typical $211), it is bigger than 95% of them (3,512 ft² against a typical 1,640 ft²), its lot is bigger than 62% of them (0.31 ac against a typical 0.22 ac) and it is newer than 23% of them (1931 against a typical 1950). Measured against all of Marion County, it is worth more than 98% 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 340 E 56th St, Indianapolis, IN?

The 2024 property tax bill for 340 E 56th St, Indianapolis, IN was $7,583. The county assessed it at $744,400.

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