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Single Family ResidenceResidential
$318,458$137 / 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 96How 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

508 PALMYRA DR

INDIANAPOLIS, IN 46239
2 / 1
Baths
2,320 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.
0.27 ac
Lot SizeThe size of the land the home sits on, from county records.
1991
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$318K
$307K low$330K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,533 (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.$305,100 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$28,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$276,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$305,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$305,100

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.0.27
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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
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

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

E
Grassy Creek Elementary SchoolD+
Elementary · Grades KG–4 · 0.5 mi
M
Creston Intermediate & Middle SchoolC-
Middle · Grades 5–8 · 0.6 mi
H
Warren Central High SchoolD-
High · Grades 9–12 · 2.3 mi

District: Warren Township Metropolitan School District

Neighborhood · ZIP 46239These 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.40
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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.1%
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.33,486
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,166 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,968
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$105,616
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.41 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

508 Palmyra 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.

  • Worth more than 79% of homes in Marion County
  • Bigger than 83% of homes in Marion County
  • Has a bigger lot than 67% of homes in Marion County
  • Older than 75% of homes in Indianapolis 46239

What homes are worth in Indianapolis 46239

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

This home
$160K$501K

This home is worth more than 68% of homes in Indianapolis 46239.

How it measures up in Indianapolis 46239

The dot is this home. The mark in the middle is the typical home in Indianapolis 46239.

Estimated value$318,458
CheaperTypical $282,230Pricier

Pricier than 68% of homes nearby

Price per ft²$137
CheaperTypical $142Pricier

Pricier than 43% of homes nearby

Living area2,320 ft²
SmallerTypical 2,024 ft²Bigger

Bigger than 64% of homes nearby

Lot size0.27 ac
SmallerTypical 0.24 acBigger

Bigger than 60% of homes nearby

Year built1991
OlderTypical 2003Newer

Newer than 25% of homes nearby

How 508 Palmyra Dr ranks against every home in each area.
MeasureThis homeSoutheast WarrenIndianapolis 46239Marion County
Estimated valuepricier than$318,45869% of homes68% of homes79% of homes
Price per ft²pricier than$13747% of homes43% of homes39% of homes
Living areabigger than2,320 ft²61% of homes64% of homes83% of homes
Lot sizebigger than0.27 ac51% of homes60% of homes67% of homes
Year builtnewer than199130% of homes25% of homes74% of homes

About 508 Palmyra Dr

How much is 508 Palmyra Dr, Indianapolis, IN worth?

The TopHap Estimate for 508 Palmyra Dr, Indianapolis, IN is $318,458 as of Sep 24, 2026. The likely range is $307,282 to $329,634. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 508 Palmyra Dr, Indianapolis, IN?

508 Palmyra Dr, Indianapolis, IN has 2 bathrooms, 2,320 square feet of living space and a 0.27-acre lot.

When was 508 Palmyra Dr, Indianapolis, IN built?

508 Palmyra Dr, Indianapolis, IN was built in 1991, making it 35 years old. The building has 1 story.

What schools serve 508 Palmyra Dr, Indianapolis, IN?

508 Palmyra Dr, Indianapolis, IN is assigned to Grassy Creek Elementary School (elementary), rated D+; Creston Intermediate & Middle School (middle), rated C-; Warren Central High School (high), rated D-. All sit in Warren Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 Palmyra Dr, Indianapolis, IN compare to other homes in Indianapolis 46239?

Among the 12,339 homes in Indianapolis 46239, it is worth more than 68% of them ($318,458 against a typical $282,230), its price per square foot is higher than 43% of them ($137 against a typical $142), it is bigger than 64% of them (2,320 ft² against a typical 2,024 ft²), its lot is bigger than 60% of them (0.27 ac against a typical 0.24 ac) and it is newer than 25% of them (1991 against a typical 2003). Measured against all of Marion County, it is worth more than 79% 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 Palmyra Dr, Indianapolis, IN?

The 2024 property tax bill for 508 Palmyra Dr, Indianapolis, IN was $3,533. The county assessed it at $305,100.

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