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CondominiumResidential
$150,656$179 / 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 84How 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

4200 S SHERMAN DR

INDIANAPOLIS, IN 46237
0
Baths
842 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.
1978
Year BuiltThe year the home was originally built, according to county records.

Valuation

$151K
$127K low$174K high

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.163 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.22
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

E
Jeremiah Gray Elementary SchoolC-
Elementary · Grades 1–5 · 1.1 mi
M
Southport Middle SchoolC
Middle · Grades 7–8 · 2.0 mi
H
Southport High School
High · Grades 9–12 · 3.4 mi

District: Perry Township Metropolitan School District

Neighborhood · ZIP 46237These 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.62
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
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.45,004
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,029 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,746
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,081
Average tempThe average temperature here across a full year.52°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

4200 S Sherman 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 95% of homes in Indianapolis 46237
  • Costs more per square foot than 93% of homes in University Heights
  • Among the smallest homes in Indianapolis 46237
  • Newer than 82% of homes in University Heights

What homes are worth in Indianapolis 46237

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

This home
$115K$552K

This home is worth more than 5% of homes in Indianapolis 46237.

How it measures up in Indianapolis 46237

The dot is this home. The mark in the middle is the typical home in Indianapolis 46237.

Estimated value$150,656
CheaperTypical $254,128Pricier

Pricier than 5% of homes nearby

Price per ft²$179
CheaperTypical $152Pricier

Pricier than 80% of homes nearby

Living area842 ft²
SmallerTypical 1,662 ft²Bigger

Smaller than almost all homes nearby

Lot size0.22 ac
SmallerTypical 0.23 acBigger

Bigger than 45% of homes nearby

Year built1978
OlderTypical 1995Newer

Newer than 26% of homes nearby

How 4200 S Sherman Dr ranks against every home in each area.
MeasureThis homeUniversity HeightsIndianapolis 46237Marion County
Estimated valuepricier than$150,65657% of homes5% of homes21% of homes
Price per ft²pricier than$17993% of homes80% of homes78% of homes
Living areabigger than842 ft²12% of homesalmost no homes7% of homes
Lot sizebigger than0.22 ac57% of homes45% of homes57% of homes
Year builtnewer than197882% of homes26% of homes63% of homes

About 4200 S Sherman Dr

How much is 4200 S Sherman Dr, Indianapolis, IN worth?

The TopHap Estimate for 4200 S Sherman Dr, Indianapolis, IN is $150,656 as of Sep 24, 2026. The likely range is $127,200 to $174,112. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 4200 S Sherman Dr, Indianapolis, IN?

4200 S Sherman Dr, Indianapolis, IN has 842 square feet of living space and a 0.22-acre lot.

When was 4200 S Sherman Dr, Indianapolis, IN built?

4200 S Sherman Dr, Indianapolis, IN was built in 1978, making it 48 years old.

What schools serve 4200 S Sherman Dr, Indianapolis, IN?

4200 S Sherman Dr, Indianapolis, IN is assigned to Jeremiah Gray Elementary School (elementary), rated C-; Southport Middle School (middle), rated C; Southport High School (high). All sit in Perry Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4200 S Sherman Dr, Indianapolis, IN compare to other homes in Indianapolis 46237?

Among the 14,056 homes in Indianapolis 46237, it is worth more than 5% of them ($150,656 against a typical $254,128), its price per square foot is higher than 80% of them ($179 against a typical $152), it is bigger than almost none of them (842 ft² against a typical 1,662 ft²), its lot is bigger than 45% of them (0.22 ac against a typical 0.23 ac) and it is newer than 26% of them (1978 against a typical 1995). 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.

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Assigned schools

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