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Single Family ResidenceResidential
$221,970$112 / 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 91How 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

4232 TRACE WOOD DR

INDIANAPOLIS, IN 46254
3
Beds
2 / 1
Baths
1,980 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
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.
2
ParkingThe number of parking spaces on the property, including the garage.
Pre-foreclosure (LIS)A foreclosure notice on this home is currently active. Many are worked out before any auction happens.
A foreclosure-related notice has been recorded for this property.

Valuation

$222K
$202K low$242K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,525 (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.$225,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$37,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$188,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$225,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$225,800

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.49 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.0.2 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.Single Family Residence
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.12
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
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Masonry
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(2)

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
Guion Creek Elementary SchoolC
Elementary · Grades KG–5 · 0.7 mi
M
Guion Creek Middle SchoolD
Middle · Grades 6–8 · 0.7 mi
H
Pike High SchoolC
High · Grades 9–12 · 3.0 mi

District: Pike Township Metropolitan School District

Neighborhood · ZIP 46254These 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.104
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.37

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
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.40,937
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,930 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,996
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,830
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%

Owner Tools

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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

4232 Trace Wood 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.

  • Costs less per square foot than 90% of homes in Indianapolis 46254
  • Bigger than 83% of homes in Indianapolis 46254
  • Has a smaller lot than 82% of homes in Marion County
  • Newer than 96% of homes in Indianapolis 46254

What homes are worth in Indianapolis 46254

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

This home
$72K$467K

This home is worth more than 54% of homes in Indianapolis 46254.

How it measures up in Indianapolis 46254

The dot is this home. The mark in the middle is the typical home in Indianapolis 46254.

Estimated value$221,970
CheaperTypical $217,455Pricier

Pricier than 54% of homes nearby

Price per ft²$112
CheaperTypical $146Pricier

Pricier than 10% of homes nearby

Living area1,980 ft²
SmallerTypical 1,452 ft²Bigger

Bigger than 83% of homes nearby

Lot size0.12 ac
SmallerTypical 0.16 acBigger

Bigger than 33% of homes nearby

Year built2001
OlderTypical 1990Newer

Newer than 96% of homes nearby

How 4232 Trace Wood Dr ranks against every home in each area.
MeasureThis homeIndianapolis 46254Marion County
Estimated valuepricier than$221,97054% of homes47% of homes
Price per ft²pricier than$11210% of homes18% of homes
Living areabigger than1,980 ft²83% of homes73% of homes
Lot sizebigger than0.12 ac33% of homes18% of homes
Year builtnewer than200196% of homes87% of homes

About 4232 Trace Wood Dr

How much is 4232 Trace Wood Dr, Indianapolis, IN worth?

The TopHap Estimate for 4232 Trace Wood Dr, Indianapolis, IN is $221,970 as of Sep 24, 2026. The likely range is $202,412 to $241,528. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4232 Trace Wood Dr, Indianapolis, IN last sell?

4232 Trace Wood Dr, Indianapolis, IN last sold on Jan 30, 2009, according to the county's recorded deed.

How big is 4232 Trace Wood Dr, Indianapolis, IN?

4232 Trace Wood Dr, Indianapolis, IN has 3 bedrooms, 2 bathrooms, 1,980 square feet of living space and a 0.12-acre lot.

When was 4232 Trace Wood Dr, Indianapolis, IN built?

4232 Trace Wood Dr, Indianapolis, IN was built in 2001, making it 25 years old. The building has 2 stories.

What schools serve 4232 Trace Wood Dr, Indianapolis, IN?

4232 Trace Wood Dr, Indianapolis, IN is assigned to Guion Creek Elementary School (elementary), rated C; Guion Creek Middle School (middle), rated D; Pike High School (high), rated C. All sit in Pike Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4232 Trace Wood Dr, Indianapolis, IN compare to other homes in Indianapolis 46254?

Among the 9,883 homes in Indianapolis 46254, it is worth more than 54% of them ($221,970 against a typical $217,455), its price per square foot is higher than 10% of them ($112 against a typical $146), it is bigger than 83% of them (1,980 ft² against a typical 1,452 ft²), its lot is bigger than 33% of them (0.12 ac against a typical 0.16 ac) and it is newer than 96% of them (2001 against a typical 1990). Measured against all of Marion County, it is worth more than 47% 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 4232 Trace Wood Dr, Indianapolis, IN?

The 2024 property tax bill for 4232 Trace Wood Dr, Indianapolis, IN was $2,525. The county assessed it at $225,800.

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