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Single Family ResidenceResidential
$115,202$133 / 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 91How 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

3937 DOWNES DR

INDIANAPOLIS, IN 46235
0
Baths
864 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.
1962
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$115K
$104K low$126K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$646 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$87,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$9,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$78,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$85,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$87,000

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.Frame (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(12)

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
Phalen Leadership Academy at Francis Scott Key 103D+
Elementary · Grades KG–6 · 0.3 mi
M
Arlington Middle SchoolC
Middle · Grades 6–8 · 3.8 mi
H
KIPP Indy Legacy High School
High · Grades 9–12 · 7.5 mi

District: Knowledge is Power Program Indy Legacy High

Neighborhood · ZIP 46235These 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.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.115
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
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.33,124
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,569 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$54,441
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$67,599
Average tempThe average temperature here across a full year.51°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

3937 Downes Dr 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 94% of homes in Indianapolis 46235
  • Costs more per square foot than 74% of homes in Far Eastside
  • Among the smallest homes in Indianapolis 46235
  • Older than 90% of homes in Indianapolis 46235

What homes are worth in Indianapolis 46235

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

This home
$49K$328K

This home is worth more than 6% of homes in Indianapolis 46235.

How it measures up in Indianapolis 46235

The dot is this home. The mark in the middle is the typical home in Indianapolis 46235.

Estimated value$115,202
CheaperTypical $213,637Pricier

Pricier than 6% of homes nearby

Price per ft²$133
CheaperTypical $126Pricier

Pricier than 62% of homes nearby

Living area864 ft²
SmallerTypical 1,588 ft²Bigger

Smaller than almost all homes nearby

Lot size0.16 ac
SmallerTypical 0.17 acBigger

Bigger than 41% of homes nearby

Year built1962
OlderTypical 1999Newer

Newer than 10% of homes nearby

How 3937 Downes Dr ranks against every home in each area.
MeasureThis homeFar EastsideIndianapolis 46235Marion County
Estimated valuepricier than$115,20211% of homes6% of homes11% of homes
Price per ft²pricier than$13374% of homes62% of homes35% of homes
Living areabigger than864 ft²2% of homesalmost no homes8% of homes
Lot sizebigger than0.16 ac36% of homes41% of homes38% of homes
Year builtnewer than196234% of homes10% of homes50% of homes

About 3937 Downes Dr

How much is 3937 Downes Dr, Indianapolis, IN worth?

The TopHap Estimate for 3937 Downes Dr, Indianapolis, IN is $115,202 as of Sep 24, 2026. The likely range is $104,418 to $125,986. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3937 Downes Dr, Indianapolis, IN last sell?

3937 Downes Dr, Indianapolis, IN last sold on Jul 17, 2026, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 3937 Downes Dr, Indianapolis, IN?

3937 Downes Dr, Indianapolis, IN has 864 square feet of living space and a 0.16-acre lot.

When was 3937 Downes Dr, Indianapolis, IN built?

3937 Downes Dr, Indianapolis, IN was built in 1962, making it 64 years old. The building has 1 story.

What schools serve 3937 Downes Dr, Indianapolis, IN?

3937 Downes Dr, Indianapolis, IN is assigned to Phalen Leadership Academy at Francis Scott Key 103 (elementary), rated D+; Arlington Middle School (middle), rated C; KIPP Indy Legacy High School (high). All sit in Knowledge is Power Program Indy Legacy High. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3937 Downes Dr, Indianapolis, IN compare to other homes in Indianapolis 46235?

Among the 8,827 homes in Indianapolis 46235, it is worth more than 6% of them ($115,202 against a typical $213,637), its price per square foot is higher than 62% of them ($133 against a typical $126), it is bigger than almost none of them (864 ft² against a typical 1,588 ft²), its lot is bigger than 41% of them (0.16 ac against a typical 0.17 ac) and it is newer than 10% of them (1962 against a typical 1999). Measured against all of Marion County, it is worth more than 11% 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 3937 Downes Dr, Indianapolis, IN?

The 2025 property tax bill for 3937 Downes Dr, Indianapolis, IN was $646. The county assessed it at $87,000.

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