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Row HouseResidential
$347,389$322 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jun 23, 2026
Last sold for $269,500 on Jul 3, 2023

4040 ROOKWOOD AVE

INDIANAPOLIS, IN 46208
0
Baths
1,078 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.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1999
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

$347K
$327K low$368K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$269,500 · Jul 3, 2023
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.$147,389
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$117,911
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.58%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$200,000
MRK INVESTORS · recorded Jul 3, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,707 (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.$324,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$42,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$282,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$324,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$324,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Row House
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.22
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
HeatingThe type of heating system in the home.Heat Pump
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(9)

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(1)

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.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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 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 83% of homes in Marion County
  • Among the highest price per square foot in Marion County
  • Smaller than 83% of homes in Butler-Tarkington / Rocky Ripple
  • Has a bigger lot than 85% of homes in Indianapolis 46208
  • Among the newest 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 76% 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$347,389
CheaperTypical $178,017Pricier

Pricier than 76% of homes nearby

Price per ft²$322
CheaperTypical $128Pricier

Pricier than 97% of homes nearby

Living area1,078 ft²
SmallerTypical 1,417 ft²Bigger

Bigger than 26% of homes nearby

Lot size0.22 ac
SmallerTypical 0.13 acBigger

Bigger than 85% of homes nearby

Year built1999
OlderTypical 1927Newer

Newer than 94% of homes nearby

How 4040 Rookwood Ave ranks against every home in each area.
MeasureThis homeButler-Tarkington / Rocky RippleIndianapolis 46208Marion County
Estimated valuepricier than$347,38956% of homes76% of homes83% of homes
Price per ft²pricier than$32295% of homes97% of homesalmost all homes
Living areabigger than1,078 ft²17% of homes26% of homes21% of homes
Lot sizebigger than0.22 ac76% of homes85% of homes57% of homes
Year builtnewer than1999almost all homes94% of homes85% of homes

About 4040 Rookwood Ave

How much is 4040 Rookwood Ave, Indianapolis, IN worth?

The TopHap Estimate for 4040 Rookwood Ave, Indianapolis, IN is $347,389 as of Jun 23, 2026. The likely range is $326,545 to $368,232. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4040 Rookwood Ave, Indianapolis, IN last sell?

4040 Rookwood Ave, Indianapolis, IN last sold on Jul 3, 2023 for $269,500, according to the county's recorded deed. TopHap holds 5 recorded sales for this parcel.

How big is 4040 Rookwood Ave, Indianapolis, IN?

4040 Rookwood Ave, Indianapolis, IN has 1,078 square feet of living space and a 0.22-acre lot.

When was 4040 Rookwood Ave, Indianapolis, IN built?

4040 Rookwood Ave, Indianapolis, IN was built in 1999, making it 27 years old. The building has 1 story.

What schools serve 4040 Rookwood Ave, Indianapolis, IN?

4040 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 4040 Rookwood Ave, Indianapolis, IN compare to other homes in Indianapolis 46208?

Among the 8,913 homes in Indianapolis 46208, it is worth more than 76% of them ($347,389 against a typical $178,017), its price per square foot is higher than 97% of them ($322 against a typical $128), it is bigger than 26% of them (1,078 ft² against a typical 1,417 ft²), its lot is bigger than 85% of them (0.22 ac against a typical 0.13 ac) and it is newer than 94% of them (1999 against a typical 1927). Measured against all of Marion County, it is worth more than 83% 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 Rookwood Ave, Indianapolis, IN?

The 2024 property tax bill for 4040 Rookwood Ave, Indianapolis, IN was $4,707. The county assessed it at $324,800.

Closest homes

More homes in Indianapolis 46208

Assigned schools

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