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Single Family ResidenceResidential
$266,438$166 / 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 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

4950 N RACEWAY RD

INDIANAPOLIS, IN 46234
3
Beds
2
Baths
1,609 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.
1.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
Year BuiltThe year the home was originally built, according to county records.
1
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.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$266K
$253K low$280K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,410 (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.$220,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$58,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$161,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$208,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$220,500

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.44
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
20
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
79
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
82
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.
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
CountyHENDRICKS
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.1970
Lot (acres)The size of the land the home sits on, from county records.1.22
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.No Foundation
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
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 292 ft²Porch · 210 ft²

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
Reagan Elementary SchoolA
Elementary · Grades KG–5 · 2.6 mi
M
Brownsburg East Middle SchoolA
Middle · Grades 6–8 · 2.8 mi
H
Brownsburg High SchoolA+
High · Grades 9–12 · 3.2 mi

District: Brownsburg Community School Corporation

Neighborhood · ZIP 46234These 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.89
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.113
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

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.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
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.26,982
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,969 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$86,803
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,570
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%

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

4950 N Raceway Rd 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 80% of homes in Hendricks County
  • Smaller than 71% of homes in Hendricks County
  • Has a bigger lot than 96% of homes in Indianapolis 46234
  • Older than 96% of homes in Indianapolis 46234

What homes are worth in Indianapolis 46234

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

This home
$154K$653K

This home is worth more than 39% of homes in Indianapolis 46234.

How it measures up in Indianapolis 46234

The dot is this home. The mark in the middle is the typical home in Indianapolis 46234.

Estimated value$266,438
CheaperTypical $285,672Pricier

Pricier than 39% of homes nearby

Price per ft²$166
CheaperTypical $155Pricier

Pricier than 63% of homes nearby

Living area1,609 ft²
SmallerTypical 1,801 ft²Bigger

Bigger than 38% of homes nearby

Lot size1.22 ac
SmallerTypical 0.23 acBigger

Bigger than 96% of homes nearby

Year built1948
OlderTypical 1997Newer

Newer than 4% of homes nearby

How 4950 N Raceway Rd ranks against every home in each area.
MeasureThis homeIndianapolis 46234Hendricks County
Estimated valuepricier than$266,43839% of homes20% of homes
Price per ft²pricier than$16663% of homes38% of homes
Living areabigger than1,609 ft²38% of homes29% of homes
Lot sizebigger than1.22 ac96% of homes88% of homes
Year builtnewer than19484% of homes6% of homes

About 4950 N Raceway Rd

How much is 4950 N Raceway Rd, Indianapolis, IN worth?

The TopHap Estimate for 4950 N Raceway Rd, Indianapolis, IN is $266,438 as of Jul 14, 2026. The likely range is $253,250 to $279,626. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4950 N Raceway Rd, Indianapolis, IN last sell?

4950 N Raceway Rd, Indianapolis, IN last sold on Aug 12, 2016, according to the county's recorded deed.

How big is 4950 N Raceway Rd, Indianapolis, IN?

4950 N Raceway Rd, Indianapolis, IN has 3 bedrooms, 2 bathrooms, 1,609 square feet of living space and a 1.22-acre lot.

When was 4950 N Raceway Rd, Indianapolis, IN built?

4950 N Raceway Rd, Indianapolis, IN was built in 1948, making it 78 years old. The building has 1 story.

What schools serve 4950 N Raceway Rd, Indianapolis, IN?

4950 N Raceway Rd, Indianapolis, IN is assigned to Reagan Elementary School (elementary), rated A; Brownsburg East Middle School (middle), rated A; Brownsburg High School (high), rated A+. All sit in Brownsburg Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4950 N Raceway Rd, Indianapolis, IN compare to other homes in Indianapolis 46234?

Among the 8,771 homes in Indianapolis 46234, it is worth more than 39% of them ($266,438 against a typical $285,672), its price per square foot is higher than 63% of them ($166 against a typical $155), it is bigger than 38% of them (1,609 ft² against a typical 1,801 ft²), its lot is bigger than 96% of them (1.22 ac against a typical 0.23 ac) and it is newer than 4% of them (1948 against a typical 1997). Measured against all of Hendricks County, it is worth more than 20% 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 4950 N Raceway Rd, Indianapolis, IN?

The 2025 property tax bill for 4950 N Raceway Rd, Indianapolis, IN was $4,410. The county assessed it at $220,500.

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