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Single Family ResidenceResidential

506 CHASE ST

INDIANAPOLIS, IN 46221
3
Beds
0
Baths
1,298 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.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,633 (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.$68,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$66,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$68,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$68,800

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.0.11
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
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
William Penn Middle SchoolC-
Elementary · Grades 6–8 · 0.5 mi
H
George Washington High SchoolF
High · Grades 9–12 · 0.8 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46221These 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.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

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.93%
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.11%
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.27,491
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,347 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,261
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$76,190
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

506 Chase 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.

  • Bigger than 68% of homes in West Indianapolis
  • Has a smaller lot than 91% of homes in Indianapolis 46221
  • Newer than 90% of homes in West Indianapolis

How it measures up in Indianapolis 46221

The dot is this home. The mark in the middle is the typical home in Indianapolis 46221.

Living area1,298 ft²
SmallerTypical 1,351 ft²Bigger

Bigger than 46% of homes nearby

Lot size0.11 ac
SmallerTypical 0.2 acBigger

Bigger than 9% of homes nearby

Year built1955
OlderTypical 1967Newer

Newer than 35% of homes nearby

How 506 Chase St ranks against every home in each area.
MeasureThis homeWest IndianapolisIndianapolis 46221Marion County
Living areabigger than1,298 ft²68% of homes46% of homes37% of homes
Lot sizebigger than0.11 ac26% of homes9% of homes15% of homes
Year builtnewer than195590% of homes35% of homes39% of homes

About 506 Chase St

When did 506 Chase St, Indianapolis, IN last sell?

506 Chase St, Indianapolis, IN last sold on Feb 14, 2008, according to the county's recorded deed.

How big is 506 Chase St, Indianapolis, IN?

506 Chase St, Indianapolis, IN has 3 bedrooms, 1,298 square feet of living space and a 0.11-acre lot.

When was 506 Chase St, Indianapolis, IN built?

506 Chase St, Indianapolis, IN was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 506 Chase St, Indianapolis, IN?

506 Chase St, Indianapolis, IN is assigned to William Penn Middle School (elementary), rated C-; George Washington High School (high), rated F. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 Chase St, Indianapolis, IN compare to other homes in Indianapolis 46221?

Among the 9,621 homes in Indianapolis 46221, it is bigger than 46% of them (1,298 ft² against a typical 1,351 ft²), its lot is bigger than 9% of them (0.11 ac against a typical 0.2 ac) and it is newer than 35% of them (1955 against a typical 1967). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 506 Chase St, Indianapolis, IN?

The 2024 property tax bill for 506 Chase St, Indianapolis, IN was $1,633. The county assessed it at $68,800.

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