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Single Family ResidenceResidential
$218,690$132 / 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 90How 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

4941 NORWALDO AVE

INDIANAPOLIS, IN 46205
2
Beds
0
Baths
1,654 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.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1941
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.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$219K
$197K low$241K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,570 (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.$192,600 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$28,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$164,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$192,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$192,600

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.11 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.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
CountyMarion
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.1985
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (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.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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
Rousseau McClellan Montessori School 91B-
Elementary · Grades PK–5 · 0.2 mi
M
Avondale Meadows Middle SchoolD
Middle · Grades 6–8 · 1.3 mi
H
Purdue Polytechnic High School Broad Ripple
High · Grades 9–12 · 1.8 mi

District: Avondale Meadows Middle School

Neighborhood · ZIP 46205These 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.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
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.1.5%
PopulationHow many people live in this area.28,148
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,340 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,510
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,995
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%

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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

4941 Norwaldo 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 79% of homes in Fairgrounds
  • Costs less per square foot than 89% of homes in Fairgrounds
  • Bigger than 93% of homes in Fairgrounds
  • Has a smaller lot than 74% of homes in Marion County
  • Older than 75% of homes in Marion County

What homes are worth in Indianapolis 46205

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

This home
$84K$897K

This home is worth more than 38% of homes in Indianapolis 46205.

How it measures up in Indianapolis 46205

The dot is this home. The mark in the middle is the typical home in Indianapolis 46205.

Estimated value$218,690
CheaperTypical $260,000Pricier

Pricier than 38% of homes nearby

Price per ft²$132
CheaperTypical $175Pricier

Pricier than 22% of homes nearby

Living area1,654 ft²
SmallerTypical 1,592 ft²Bigger

Bigger than 53% of homes nearby

Lot size0.14 ac
SmallerTypical 0.14 acBigger

Bigger than 46% of homes nearby

Year built1941
OlderTypical 1925Newer

Newer than 69% of homes nearby

How 4941 Norwaldo Ave ranks against every home in each area.
MeasureThis homeFairgroundsIndianapolis 46205Marion County
Estimated valuepricier than$218,69079% of homes38% of homes45% of homes
Price per ft²pricier than$13211% of homes22% of homes35% of homes
Living areabigger than1,654 ft²93% of homes53% of homes58% of homes
Lot sizebigger than0.14 ac67% of homes46% of homes26% of homes
Year builtnewer than194156% of homes69% of homes25% of homes

About 4941 Norwaldo Ave

How much is 4941 Norwaldo Ave, Indianapolis, IN worth?

The TopHap Estimate for 4941 Norwaldo Ave, Indianapolis, IN is $218,690 as of Sep 24, 2026. The likely range is $196,781 to $240,599. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 4941 Norwaldo Ave, Indianapolis, IN?

4941 Norwaldo Ave, Indianapolis, IN has 2 bedrooms, 1,654 square feet of living space and a 0.14-acre lot.

When was 4941 Norwaldo Ave, Indianapolis, IN built?

4941 Norwaldo Ave, Indianapolis, IN was built in 1941, making it 85 years old. The building has 1 story.

What schools serve 4941 Norwaldo Ave, Indianapolis, IN?

4941 Norwaldo Ave, Indianapolis, IN is assigned to Rousseau McClellan Montessori School 91 (elementary), rated B-; Avondale Meadows Middle School (middle), rated D; Purdue Polytechnic High School Broad Ripple (high). All sit in Avondale Meadows Middle School. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4941 Norwaldo Ave, Indianapolis, IN compare to other homes in Indianapolis 46205?

Among the 10,202 homes in Indianapolis 46205, it is worth more than 38% of them ($218,690 against a typical $260,000), its price per square foot is higher than 22% of them ($132 against a typical $175), it is bigger than 53% of them (1,654 ft² against a typical 1,592 ft²), its lot is bigger than 46% of them (0.14 ac against a typical 0.14 ac) and it is newer than 69% of them (1941 against a typical 1925). Measured against all of Marion County, it is worth more than 45% 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 4941 Norwaldo Ave, Indianapolis, IN?

The 2024 property tax bill for 4941 Norwaldo Ave, Indianapolis, IN was $4,570. The county assessed it at $192,600.

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