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Single Family ResidenceResidential
$414,592$184 / 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 89How 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 $341,889 on Jul 20, 2022

40 W 48TH ST

INDIANAPOLIS, IN 46208
3
Beds
2
Baths
2,252 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.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
2
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.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$415K
$371K low$459K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$341,889 · Jul 20, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,309 (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.$358,500 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$69,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$289,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$358,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$358,500

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.1950
Lot (acres)The size of the land the home sits on, from county records.0.21
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (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(1)

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
Mary Nicholson School 70A-
Elementary · Grades PK–5 · 0.5 mi
H
Shortridge High School
High · Grades 9–12 · 1.6 mi
M
Broad Ripple Middle SchoolD-
Middle · Grades 6–8 · 2.1 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%

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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

40 W 48th 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 91% of homes in Marion County
  • Costs more per square foot than 81% of homes in Marion County
  • Bigger than 84% of homes in Indianapolis 46208
  • Has a bigger lot than 84% of homes in Indianapolis 46208
  • Older than 87% of homes in Marion County

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
$63K$1M

This home is worth more than 83% 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$414,592
CheaperTypical $182,894Pricier

Pricier than 83% of homes nearby

Price per ft²$184
CheaperTypical $132Pricier

Pricier than 71% of homes nearby

Living area2,252 ft²
SmallerTypical 1,423 ft²Bigger

Bigger than 84% of homes nearby

Lot size0.21 ac
SmallerTypical 0.13 acBigger

Bigger than 84% of homes nearby

Year built1920
OlderTypical 1927Newer

Newer than 38% of homes nearby

How 40 W 48th St ranks against every home in each area.
MeasureThis homeButler-Tarkington / Rocky RippleIndianapolis 46208Marion County
Estimated valuepricier than$414,59268% of homes83% of homes91% of homes
Price per ft²pricier than$18443% of homes71% of homes81% of homes
Living areabigger than2,252 ft²77% of homes84% of homes82% of homes
Lot sizebigger than0.21 ac73% of homes84% of homes53% of homes
Year builtnewer than192023% of homes38% of homes13% of homes

About 40 W 48th St

How much is 40 W 48th St, Indianapolis, IN worth?

The TopHap Estimate for 40 W 48th St, Indianapolis, IN is $414,592 as of Sep 24, 2026. The likely range is $370,575 to $458,609. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 W 48th St, Indianapolis, IN last sell?

40 W 48th St, Indianapolis, IN last sold on Jul 20, 2022 for $341,889, according to the county's recorded deed.

How big is 40 W 48th St, Indianapolis, IN?

40 W 48th St, Indianapolis, IN has 3 bedrooms, 2 bathrooms, 2,252 square feet of living space and a 0.21-acre lot.

When was 40 W 48th St, Indianapolis, IN built?

40 W 48th St, Indianapolis, IN was built in 1920, making it 106 years old. The building has 2 stories.

What schools serve 40 W 48th St, Indianapolis, IN?

40 W 48th St, Indianapolis, IN is assigned to Mary Nicholson School 70 (elementary), rated A-; Shortridge High School (high); Broad Ripple Middle School (middle), rated D-. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 W 48th St, Indianapolis, IN compare to other homes in Indianapolis 46208?

Among the 8,913 homes in Indianapolis 46208, it is worth more than 83% of them ($414,592 against a typical $182,894), its price per square foot is higher than 71% of them ($184 against a typical $132), it is bigger than 84% of them (2,252 ft² against a typical 1,423 ft²), its lot is bigger than 84% of them (0.21 ac against a typical 0.13 ac) and it is newer than 38% of them (1920 against a typical 1927). Measured against all of Marion County, it is worth more than 91% 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 40 W 48th St, Indianapolis, IN?

The 2024 property tax bill for 40 W 48th St, Indianapolis, IN was $4,309. The county assessed it at $358,500.

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