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Single Family ResidenceResidential
$151,737$135 / 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

4940 CENTRAL AVE

ANDERSON, IN 46013
3
Beds
1
Baths
1,125 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.
0.35 ac
Lot SizeThe size of the land the home sits on, from county records.
1959
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
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.

Valuation

$152K
$139K low$165K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$110 (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.$113,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$96,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$104,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$113,600

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.43
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
80
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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.minimal

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
CountyMADISON
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.1963
Lot (acres)The size of the land the home sits on, from county records.0.35
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.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system 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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 168 ft²Porch · 270 ft²

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

H
Anderson High School
High · Grades 9–12 · 0.8 mi
E
Erskine Elementary SchoolD-
Elementary · Grades KG–5 · 1.1 mi
M
Highland Middle SchoolD-
Middle · Grades 7–8 · 5.5 mi

District: Anderson Community School Corporation

Neighborhood · ZIP 46013These 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.121
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.149
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
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.18,603
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.896 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$54,587
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,556
Average tempThe average temperature here across a full year.51°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

4940 Central 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.

  • Costs more per square foot than 65% of homes in Anderson 46013
  • Smaller than 76% of homes in Madison County
  • Has a bigger lot than 73% of homes in Anderson 46013

What homes are worth in Anderson 46013

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

This home
$60K$380K

This home is worth more than 42% of homes in Anderson 46013.

How it measures up in Anderson 46013

The dot is this home. The mark in the middle is the typical home in Anderson 46013.

Estimated value$151,737
CheaperTypical $165,880Pricier

Pricier than 42% of homes nearby

Price per ft²$135
CheaperTypical $122Pricier

Pricier than 65% of homes nearby

Living area1,125 ft²
SmallerTypical 1,317 ft²Bigger

Bigger than 33% of homes nearby

Lot size0.35 ac
SmallerTypical 0.26 acBigger

Bigger than 73% of homes nearby

Year built1959
OlderTypical 1962Newer

Newer than 45% of homes nearby

How 4940 Central Ave ranks against every home in each area.
MeasureThis homeAnderson 46013Madison County
Estimated valuepricier than$151,73742% of homes41% of homes
Price per ft²pricier than$13565% of homes65% of homes
Living areabigger than1,125 ft²33% of homes24% of homes
Lot sizebigger than0.35 ac73% of homes65% of homes
Year builtnewer than195945% of homes48% of homes

About 4940 Central Ave

How much is 4940 Central Ave, Anderson, IN worth?

The TopHap Estimate for 4940 Central Ave, Anderson, IN is $151,737 as of Sep 24, 2026. The likely range is $138,693 to $164,781. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4940 Central Ave, Anderson, IN last sell?

4940 Central Ave, Anderson, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 4940 Central Ave, Anderson, IN?

4940 Central Ave, Anderson, IN has 3 bedrooms, 1 bathrooms, 1,125 square feet of living space and a 0.35-acre lot.

When was 4940 Central Ave, Anderson, IN built?

4940 Central Ave, Anderson, IN was built in 1959, making it 67 years old. The building has 1 story.

What schools serve 4940 Central Ave, Anderson, IN?

4940 Central Ave, Anderson, IN is assigned to Anderson High School (high); Erskine Elementary School (elementary), rated D-; Highland Middle School (middle), rated D-. All sit in Anderson Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4940 Central Ave, Anderson, IN compare to other homes in Anderson 46013?

Among the 6,934 homes in Anderson 46013, it is worth more than 42% of them ($151,737 against a typical $165,880), its price per square foot is higher than 65% of them ($135 against a typical $122), it is bigger than 33% of them (1,125 ft² against a typical 1,317 ft²), its lot is bigger than 73% of them (0.35 ac against a typical 0.26 ac) and it is newer than 45% of them (1959 against a typical 1962). Measured against all of Madison County, it is worth more than 41% 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 4940 Central Ave, Anderson, IN?

The 2025 property tax bill for 4940 Central Ave, Anderson, IN was $110. The county assessed it at $113,600.

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