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Single Family ResidenceResidential
$1,799,900$418 / 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 67How 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
Last sold for $175,000 on Jun 17, 2022

505 EAST DR

INDIANAPOLIS, IN 46201
4
Beds
4.5
Baths
4,304 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.
2,265 ft²
Lot SizeThe size of the land the home sits on, from county records.
2022
Year BuiltThe year the home was originally built, according to county records.
12
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

$1.8M
$1.2M low$2.4M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$175,000 · Jun 17, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$20,360 (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.$863,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$34,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$828,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$685,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$863,100

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.7 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
Lot (acres)The size of the land the home sits on, from county records.0.05
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
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, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

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.

M
Henry W. Longfellow Middle SchoolD-
Middle · Grades 6–8 · 0.7 mi
E
Washington Irving Neighborhood School 14F
Elementary · Grades PK–5 · 0.9 mi
H
Arsenal Technical High School
High · Grades 9–12 · 1.4 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46201These 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.157
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

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.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.30,849
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,535 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$46,392
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,958
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 East Dr 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 most valuable homes in Downtown
  • Among the highest price per square foot in Indianapolis 46201
  • Among the largest homes in Indianapolis 46201
  • Has a smaller lot than 98% of homes in Indianapolis 46201
  • Among the newest homes in Downtown

What homes are worth in Indianapolis 46201

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

This home
$70K$423K

This home is worth more than almost all homes in Indianapolis 46201.

How it measures up in Indianapolis 46201

The dot is this home. The mark in the middle is the typical home in Indianapolis 46201.

Estimated value$1,799,900
CheaperTypical $158,588Pricier

Pricier than almost all homes nearby

Price per ft²$418
CheaperTypical $127Pricier

Pricier than almost all homes nearby

Living area4,304 ft²
SmallerTypical 1,232 ft²Bigger

Bigger than almost all homes nearby

Lot size2,265 ft²
SmallerTypical 0.12 acBigger

Bigger than 2% of homes nearby

Year built2022
OlderTypical 1920Newer

Newer than almost all homes nearby

How 505 East Dr ranks against every home in each area.
MeasureThis homeDowntownIndianapolis 46201Marion County
Estimated valuepricier than$1,799,900almost all homesalmost all homesalmost all homes
Price per ft²pricier than$41898% of homesalmost all homesalmost all homes
Living areabigger than4,304 ft²95% of homesalmost all homes98% of homes
Lot sizebigger than2,265 ft²53% of homes2% of homes4% of homes
Year builtnewer than2022almost all homesalmost all homesalmost all homes

About 505 East Dr

How much is 505 East Dr, Indianapolis, IN worth?

The TopHap Estimate for 505 East Dr, Indianapolis, IN is $1,799,900 as of Sep 24, 2026. The likely range is $1,202,779 to $2,397,021. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 East Dr, Indianapolis, IN last sell?

505 East Dr, Indianapolis, IN last sold on Jun 17, 2022 for $175,000, according to the county's recorded deed.

How big is 505 East Dr, Indianapolis, IN?

505 East Dr, Indianapolis, IN has 4 bedrooms, 4.5 bathrooms, 4,304 square feet of living space and a 0.05-acre lot.

When was 505 East Dr, Indianapolis, IN built?

505 East Dr, Indianapolis, IN was built in 2022, making it 4 years old.

What schools serve 505 East Dr, Indianapolis, IN?

505 East Dr, Indianapolis, IN is assigned to Henry W. Longfellow Middle School (middle), rated D-; Washington Irving Neighborhood School 14 (elementary), rated F; Arsenal Technical High School (high). All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 East Dr, Indianapolis, IN compare to other homes in Indianapolis 46201?

Among the 13,814 homes in Indianapolis 46201, it is worth more than almost all of them ($1,799,900 against a typical $158,588), its price per square foot is higher than almost all of them ($418 against a typical $127), it is bigger than almost all of them (4,304 ft² against a typical 1,232 ft²), its lot is bigger than 2% of them (2,265 ft² against a typical 0.12 ac) and it is newer than almost all of them (2022 against a typical 1920). Measured against all of Marion County, it is worth more than almost all 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 East Dr, Indianapolis, IN?

The 2025 property tax bill for 505 East Dr, Indianapolis, IN was $20,360. The county assessed it at $863,100.

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Assigned schools

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