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CondominiumResidential
$327,829$233 / 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 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

505 E VERMONT ST

INDIANAPOLIS, IN 46202
2
Beds
1
Baths
1,408 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.
0.33 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.
2
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

$328K
$280K low$376K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,666 (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.$306,400 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$30,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$275,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$306,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$306,400

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.Condominium
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.33
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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
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.

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

E
Benjamin Harrison School 2B+
Elementary · Grades KG–5 · 0.3 mi
H
Arsenal Technical High School
High · Grades 9–12 · 0.8 mi
M
H. L. Harshman Middle SchoolC+
Middle · Grades 6–8 · 1.0 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46202These 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.166
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.107
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

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.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.20%
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.21,430
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,639 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,684
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,263
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

505 E Vermont 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.

  • Worth more than 81% of homes in Marion County
  • Costs more per square foot than 94% of homes in Marion County
  • Has a bigger lot than 95% of homes in Downtown
  • Newer than 68% of homes in Marion County

What homes are worth in Indianapolis 46202

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

This home
$77K$990K

This home is worth more than 44% of homes in Indianapolis 46202.

How it measures up in Indianapolis 46202

The dot is this home. The mark in the middle is the typical home in Indianapolis 46202.

Estimated value$327,829
CheaperTypical $352,576Pricier

Pricier than 44% of homes nearby

Price per ft²$233
CheaperTypical $207Pricier

Pricier than 63% of homes nearby

Living area1,408 ft²
SmallerTypical 1,736 ft²Bigger

Bigger than 36% of homes nearby

Lot size0.33 ac
SmallerTypical 0.11 acBigger

Bigger than 95% of homes nearby

Year built1985
OlderTypical 1955Newer

Newer than 62% of homes nearby

How 505 E Vermont St ranks against every home in each area.
MeasureThis homeDowntownIndianapolis 46202Marion County
Estimated valuepricier than$327,82940% of homes44% of homes81% of homes
Price per ft²pricier than$23343% of homes63% of homes94% of homes
Living areabigger than1,408 ft²45% of homes36% of homes43% of homes
Lot sizebigger than0.33 ac95% of homes95% of homes74% of homes
Year builtnewer than198559% of homes62% of homes68% of homes

About 505 E Vermont St

How much is 505 E Vermont St, Indianapolis, IN worth?

The TopHap Estimate for 505 E Vermont St, Indianapolis, IN is $327,829 as of Oct 21, 2026. The likely range is $279,906 to $375,752. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 505 E Vermont St, Indianapolis, IN?

505 E Vermont St, Indianapolis, IN has 2 bedrooms, 1 bathrooms, 1,408 square feet of living space and a 0.33-acre lot.

When was 505 E Vermont St, Indianapolis, IN built?

505 E Vermont St, Indianapolis, IN was built in 1985, making it 41 years old. The building has 2 stories.

What schools serve 505 E Vermont St, Indianapolis, IN?

505 E Vermont St, Indianapolis, IN is assigned to Benjamin Harrison School 2 (elementary), rated B+; Arsenal Technical High School (high); H. L. Harshman Middle School (middle), rated C+. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 E Vermont St, Indianapolis, IN compare to other homes in Indianapolis 46202?

Among the 5,938 homes in Indianapolis 46202, it is worth more than 44% of them ($327,829 against a typical $352,576), its price per square foot is higher than 63% of them ($233 against a typical $207), it is bigger than 36% of them (1,408 ft² against a typical 1,736 ft²), its lot is bigger than 95% of them (0.33 ac against a typical 0.11 ac) and it is newer than 62% of them (1985 against a typical 1955). Measured against all of Marion County, it is worth more than 81% 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 505 E Vermont St, Indianapolis, IN?

The 2024 property tax bill for 505 E Vermont St, Indianapolis, IN was $3,666. The county assessed it at $306,400.

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