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Single Family ResidenceResidential
$249,541$123 / 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 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $97,000 on Sep 9, 2013

3940 ROOKWOOD AVE

INDIANAPOLIS, IN 46208
4
Beds
0
Baths
2,024 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.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1910
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$250K
$230K low$269K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$97,000 · Sep 9, 2013
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$249,541
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$199,633

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,551 (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.$191,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$185,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$191,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$191,800

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.1948
Lot (acres)The size of the land the home sits on, from county records.0.24
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
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(2)

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

E
James Whitcomb Riley School 43D+
Elementary · Grades PK–5 · 0.4 mi
H
Shortridge High SchoolD
High · Grades 9–12 · 1.0 mi
M
Cold Spring SchoolC-
Middle · Grades KG–8 · 1.9 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46208These 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.114
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

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.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
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.23,830
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,592 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,206
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,898
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

3940 Rookwood Ave 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 65% of homes in Indianapolis 46208
  • Costs less per square foot than 87% of homes in Butler-Tarkington / Rocky Ripple
  • Bigger than 79% of homes in Indianapolis 46208
  • Has a bigger lot than 88% of homes in Indianapolis 46208
  • Older than 93% of homes in Butler-Tarkington / Rocky Ripple

What homes are worth in Indianapolis 46208

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

This home
$57K$1.1M

This home is worth more than 65% of homes in Indianapolis 46208.

How it measures up in Indianapolis 46208

The dot is this home. The mark in the middle is the typical home in Indianapolis 46208.

Estimated value$249,541
CheaperTypical $178,017Pricier

Pricier than 65% of homes nearby

Price per ft²$123
CheaperTypical $128Pricier

Pricier than 47% of homes nearby

Living area2,024 ft²
SmallerTypical 1,417 ft²Bigger

Bigger than 79% of homes nearby

Lot size0.24 ac
SmallerTypical 0.13 acBigger

Bigger than 88% of homes nearby

Year built1910
OlderTypical 1927Newer

Newer than 16% of homes nearby

How 3940 Rookwood Ave ranks against every home in each area.
MeasureThis homeButler-Tarkington / Rocky RippleIndianapolis 46208Marion County
Estimated valuepricier than$249,54136% of homes65% of homes58% of homes
Price per ft²pricier than$12313% of homes47% of homes26% of homes
Living areabigger than2,024 ft²69% of homes79% of homes74% of homes
Lot sizebigger than0.24 ac81% of homes88% of homes63% of homes
Year builtnewer than19107% of homes16% of homes8% of homes

About 3940 Rookwood Ave

How much is 3940 Rookwood Ave, Indianapolis, IN worth?

The TopHap Estimate for 3940 Rookwood Ave, Indianapolis, IN is $249,541 as of Jul 14, 2026. The likely range is $230,369 to $268,713. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3940 Rookwood Ave, Indianapolis, IN last sell?

3940 Rookwood Ave, Indianapolis, IN last sold on Sep 9, 2013 for $97,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 3940 Rookwood Ave, Indianapolis, IN?

3940 Rookwood Ave, Indianapolis, IN has 4 bedrooms, 2,024 square feet of living space and a 0.24-acre lot.

When was 3940 Rookwood Ave, Indianapolis, IN built?

3940 Rookwood Ave, Indianapolis, IN was built in 1910, making it 116 years old. The building has 2 stories.

What schools serve 3940 Rookwood Ave, Indianapolis, IN?

3940 Rookwood Ave, Indianapolis, IN is assigned to James Whitcomb Riley School 43 (elementary), rated D+; Shortridge High School (high), rated D; Cold Spring School (middle), rated C-. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3940 Rookwood Ave, Indianapolis, IN compare to other homes in Indianapolis 46208?

Among the 8,913 homes in Indianapolis 46208, it is worth more than 65% of them ($249,541 against a typical $178,017), its price per square foot is higher than 47% of them ($123 against a typical $128), it is bigger than 79% of them (2,024 ft² against a typical 1,417 ft²), its lot is bigger than 88% of them (0.24 ac against a typical 0.13 ac) and it is newer than 16% of them (1910 against a typical 1927). Measured against all of Marion County, it is worth more than 58% 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 3940 Rookwood Ave, Indianapolis, IN?

The 2024 property tax bill for 3940 Rookwood Ave, Indianapolis, IN was $4,551. The county assessed it at $191,800.

Closest homes

More homes in Indianapolis 46208

Assigned schools

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