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Single Family ResidenceResidential
$56,182$80 / 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 83How 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

502 S ADDISON ST

INDIANAPOLIS, IN 46222
2
Beds
0
Baths
702 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.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1907
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

$56K
$47K low$66K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$330 (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.$51,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$48,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$48,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$51,600

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.33 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
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.1981
Lot (acres)The size of the land the home sits on, from county records.0.11
ConstructionThe main material the home's frame and walls are built from.Frame (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.None
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(7)

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.

H
George Washington High School
High · Grades 9–12 · 0.5 mi
M
William Penn Middle SchoolF
Middle · Grades 6–8 · 0.8 mi
E
Daniel Webster School 46F
Elementary · Grades PK–5 · 1.2 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46222These 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.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
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.37,267
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,503 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$44,845
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$54,693
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

502 S Addison St 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.

  • Among the least valuable homes in Marion County
  • Costs less per square foot than 96% of homes in Marion County
  • Smaller than 98% of homes in Marion County
  • Has a smaller lot than 86% of homes in Marion County
  • Older than 94% of homes in Marion County

What homes are worth in Indianapolis 46222

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

This home
$56K$289K

This home is worth more than 2% of homes in Indianapolis 46222.

How it measures up in Indianapolis 46222

The dot is this home. The mark in the middle is the typical home in Indianapolis 46222.

Estimated value$56,182
CheaperTypical $115,423Pricier

Pricier than 2% of homes nearby

Price per ft²$80
CheaperTypical $114Pricier

Pricier than 24% of homes nearby

Living area702 ft²
SmallerTypical 1,027 ft²Bigger

Bigger than 6% of homes nearby

Lot size0.11 ac
SmallerTypical 0.13 acBigger

Bigger than 29% of homes nearby

Year built1907
OlderTypical 1946Newer

Newer than 11% of homes nearby

How 502 S Addison St ranks against every home in each area.
MeasureThis homeNear WestsideIndianapolis 46222Marion County
Estimated valuepricier than$56,1824% of homes2% of homesalmost no homes
Price per ft²pricier than$8039% of homes24% of homes4% of homes
Living areabigger than702 ft²8% of homes6% of homes2% of homes
Lot sizebigger than0.11 ac47% of homes29% of homes14% of homes
Year builtnewer than190716% of homes11% of homes6% of homes

About 502 S Addison St

How much is 502 S Addison St, Indianapolis, IN worth?

The TopHap Estimate for 502 S Addison St, Indianapolis, IN is $56,182 as of Sep 24, 2026. The likely range is $46,745 to $65,619. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 502 S Addison St, Indianapolis, IN last sell?

502 S Addison St, Indianapolis, IN last sold on Aug 12, 2020, according to the county's recorded deed.

How big is 502 S Addison St, Indianapolis, IN?

502 S Addison St, Indianapolis, IN has 2 bedrooms, 702 square feet of living space and a 0.11-acre lot.

When was 502 S Addison St, Indianapolis, IN built?

502 S Addison St, Indianapolis, IN was built in 1907, making it 119 years old. The building has 1 story.

What schools serve 502 S Addison St, Indianapolis, IN?

502 S Addison St, Indianapolis, IN is assigned to George Washington High School (high); William Penn Middle School (middle), rated F; Daniel Webster School 46 (elementary), rated F. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 502 S Addison St, Indianapolis, IN compare to other homes in Indianapolis 46222?

Among the 12,052 homes in Indianapolis 46222, it is worth more than 2% of them ($56,182 against a typical $115,423), its price per square foot is higher than 24% of them ($80 against a typical $114), it is bigger than 6% of them (702 ft² against a typical 1,027 ft²), its lot is bigger than 29% of them (0.11 ac against a typical 0.13 ac) and it is newer than 11% of them (1907 against a typical 1946). Measured against all of Marion County, it is worth more than almost no 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 502 S Addison St, Indianapolis, IN?

The 2024 property tax bill for 502 S Addison St, Indianapolis, IN was $330. The county assessed it at $51,600.

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