Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$147,700$110 / 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 86How 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
Last sold for $185,734 on May 19, 2026

4040 ASPEN WAY

INDIANAPOLIS, IN 46226
0
Baths
1,344 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.
0.2 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

$148K
$127K low$168K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$185,734 · May 19, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,468 (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.$101,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$10,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$90,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$92,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$101,100

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.0.20
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
ViewThe type of view from the property, or another feature of the site that affects value.Extra Front

Transaction History(8)

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
Charles Warren Fairbanks School 105D+
Elementary · Grades PK–5 · 0.2 mi
M
Arlington Middle SchoolC
Middle · Grades 6–8 · 2.5 mi
H
KIPP Indy Legacy High School
High · Grades 9–12 · 6.3 mi

District: Knowledge is Power Program Indy Legacy High

Neighborhood · ZIP 46226These 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.124
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 100.31

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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.43,792
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,210 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$47,427
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$61,159
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%

Owner Tools

Do you own this home?
Claim this home

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

4040 Aspen 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 less than 79% of homes in Marion County
  • Costs less per square foot than 83% of homes in Marion County
  • Has a bigger lot than 71% of homes in Far Eastside
  • Newer than 83% of homes in Indianapolis 46226

What homes are worth in Indianapolis 46226

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

This home
$87K$465K

This home is worth more than 40% of homes in Indianapolis 46226.

How it measures up in Indianapolis 46226

The dot is this home. The mark in the middle is the typical home in Indianapolis 46226.

Estimated value$147,700
CheaperTypical $157,357Pricier

Pricier than 40% of homes nearby

Price per ft²$110
CheaperTypical $126Pricier

Pricier than 29% of homes nearby

Living area1,344 ft²
SmallerTypical 1,300 ft²Bigger

Bigger than 54% of homes nearby

Lot size0.2 ac
SmallerTypical 0.21 acBigger

Bigger than 48% of homes nearby

Year built1962
OlderTypical 1957Newer

Newer than 83% of homes nearby

How 4040 Aspen Way ranks against every home in each area.
MeasureThis homeFar EastsideIndianapolis 46226Marion County
Estimated valuepricier than$147,70037% of homes40% of homes21% of homes
Price per ft²pricier than$11038% of homes29% of homes17% of homes
Living areabigger than1,344 ft²46% of homes54% of homes40% of homes
Lot sizebigger than0.2 ac71% of homes48% of homes52% of homes
Year builtnewer than196234% of homes83% of homes51% of homes

About 4040 Aspen Way

How much is 4040 Aspen Way, Indianapolis, IN worth?

The TopHap Estimate for 4040 Aspen Way, Indianapolis, IN is $147,700 as of Aug 30, 2026. The likely range is $127,109 to $168,291. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4040 Aspen Way, Indianapolis, IN last sell?

4040 Aspen Way, Indianapolis, IN last sold on May 19, 2026 for $185,734, according to the county's recorded deed.

How big is 4040 Aspen Way, Indianapolis, IN?

4040 Aspen Way, Indianapolis, IN has 1,344 square feet of living space and a 0.20-acre lot.

When was 4040 Aspen Way, Indianapolis, IN built?

4040 Aspen Way, Indianapolis, IN was built in 1962, making it 64 years old. The building has 1 story.

What schools serve 4040 Aspen Way, Indianapolis, IN?

4040 Aspen Way, Indianapolis, IN is assigned to Charles Warren Fairbanks School 105 (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 4040 Aspen Way, Indianapolis, IN compare to other homes in Indianapolis 46226?

Among the 14,554 homes in Indianapolis 46226, it is worth more than 40% of them ($147,700 against a typical $157,357), its price per square foot is higher than 29% of them ($110 against a typical $126), it is bigger than 54% of them (1,344 ft² against a typical 1,300 ft²), its lot is bigger than 48% of them (0.2 ac against a typical 0.21 ac) and it is newer than 83% of them (1962 against a typical 1957). Measured against all of Marion County, it is worth more than 21% 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 4040 Aspen Way, Indianapolis, IN?

The 2025 property tax bill for 4040 Aspen Way, Indianapolis, IN was $2,468. The county assessed it at $101,100.

More homes on Aspen Way

Closest homes

More homes in Indianapolis 46226

Assigned schools

Explore the area

See this home in context

Open 4040 Aspen Way on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map