Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$240,074$158 / 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 Aug 30, 2026

508 ERNIE LU AVE

ANDERSON, IN 46013
3
Beds
1.5
Baths
1,522 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.
0.45 ac
Lot SizeThe size of the land the home sits on, from county records.
1968
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.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$240K
$204K low$276K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,247 (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.$159,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$140,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$142,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$159,600

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.42
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
5
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
88
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
CountyMADISON
Lot (acres)The size of the land the home sits on, from county records.0.45
ConstructionThe main material the home's frame and walls are built from.Brick
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
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 80 ft²Patio · 408 ft²Porch · 313 ft²

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

E
East Elementary SchoolB
Elementary · Grades KG–6 · 3.0 mi
M
Pendleton Heights Middle SchoolB-
Middle · Grades 7–8 · 3.9 mi
H
Pendleton Heights High SchoolA
High · Grades 9–12 · 4.0 mi

District: South Madison Community School Corporation

Neighborhood · ZIP 46013These 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.121
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.149
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

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.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
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.18,603
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.896 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$54,587
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,556
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%

Owner Tools

Do you own this home?
Claim this home

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

508 Ernie Lu Ave 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 84% of homes in Anderson 46013
  • Costs more per square foot than 84% of homes in Anderson 46013
  • Bigger than 68% of homes in Anderson 46013
  • Has a bigger lot than 82% of homes in Anderson 46013
  • Newer than 66% of homes in Anderson 46013

What homes are worth in Anderson 46013

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

This home
$58K$361K

This home is worth more than 84% of homes in Anderson 46013.

How it measures up in Anderson 46013

The dot is this home. The mark in the middle is the typical home in Anderson 46013.

Estimated value$240,074
CheaperTypical $169,182Pricier

Pricier than 84% of homes nearby

Price per ft²$158
CheaperTypical $124Pricier

Pricier than 84% of homes nearby

Living area1,522 ft²
SmallerTypical 1,325 ft²Bigger

Bigger than 68% of homes nearby

Lot size0.45 ac
SmallerTypical 0.26 acBigger

Bigger than 82% of homes nearby

Year built1968
OlderTypical 1962Newer

Newer than 66% of homes nearby

How 508 Ernie Lu Ave ranks against every home in each area.
MeasureThis homeAnderson 46013Madison County
Estimated valuepricier than$240,07484% of homes71% of homes
Price per ft²pricier than$15884% of homes80% of homes
Living areabigger than1,522 ft²68% of homes52% of homes
Lot sizebigger than0.45 ac82% of homes72% of homes
Year builtnewer than196866% of homes62% of homes

About 508 Ernie Lu Ave

How much is 508 Ernie Lu Ave, Anderson, IN worth?

The TopHap Estimate for 508 Ernie Lu Ave, Anderson, IN is $240,074 as of Aug 30, 2026. The likely range is $204,205 to $275,943. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 Ernie Lu Ave, Anderson, IN last sell?

508 Ernie Lu Ave, Anderson, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 508 Ernie Lu Ave, Anderson, IN?

508 Ernie Lu Ave, Anderson, IN has 3 bedrooms, 1.5 bathrooms, 1,522 square feet of living space and a 0.45-acre lot.

When was 508 Ernie Lu Ave, Anderson, IN built?

508 Ernie Lu Ave, Anderson, IN was built in 1968, making it 58 years old. The building has 1 story.

What schools serve 508 Ernie Lu Ave, Anderson, IN?

508 Ernie Lu Ave, Anderson, IN is assigned to East Elementary School (elementary), rated B; Pendleton Heights Middle School (middle), rated B-; Pendleton Heights High School (high), rated A. All sit in South Madison Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 Ernie Lu Ave, Anderson, IN compare to other homes in Anderson 46013?

Among the 6,934 homes in Anderson 46013, it is worth more than 84% of them ($240,074 against a typical $169,182), its price per square foot is higher than 84% of them ($158 against a typical $124), it is bigger than 68% of them (1,522 ft² against a typical 1,325 ft²), its lot is bigger than 82% of them (0.45 ac against a typical 0.26 ac) and it is newer than 66% of them (1968 against a typical 1962). Measured against all of Madison County, it is worth more than 71% 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 508 Ernie Lu Ave, Anderson, IN?

The 2025 property tax bill for 508 Ernie Lu Ave, Anderson, IN was $1,247. The county assessed it at $159,600.

More homes on Ernie Lu Ave

Closest homes

More homes in Anderson 46013

Assigned schools

Explore the area

See this home in context

Open 508 Ernie Lu Ave on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map