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Single Family ResidenceResidential
$196,543$141 / 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 95How 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 $205,000 on Jul 1, 2022

5135 RINEHART AVE

INDIANAPOLIS, IN 46241
3
Beds
1
Baths
1,389 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.
0.41 ac
Lot SizeThe size of the land the home sits on, from county records.
1956
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$197K
$187K low$206K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$205,000 · Jul 1, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,247 (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.$193,000 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$14,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$178,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$193,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$193,000

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.0.41
ConstructionThe main material the home's frame and walls are built from.Brick
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
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.

E
Rhoades Elementary SchoolC
Elementary · Grades KG–6 · 0.1 mi
M
Lynhurst 7th & 8th Grade CenterC
Middle · Grades 7–8 · 2.3 mi
H
Ben Davis High SchoolD
High · Grades 10–12 · 3.0 mi

District: Wayne Township Metropolitan School District

Neighborhood · ZIP 46241These 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.85
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
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.33,896
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,461 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$51,225
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,448
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

5135 Rinehart 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 78% of homes in Indianapolis 46241
  • Costs more per square foot than 67% of homes in Garden City
  • Bigger than 72% of homes in Garden City
  • Has a bigger lot than 90% of homes in Indianapolis 46241

What homes are worth in Indianapolis 46241

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

This home
$58K$263K

This home is worth more than 78% of homes in Indianapolis 46241.

How it measures up in Indianapolis 46241

The dot is this home. The mark in the middle is the typical home in Indianapolis 46241.

Estimated value$196,543
CheaperTypical $143,774Pricier

Pricier than 78% of homes nearby

Price per ft²$141
CheaperTypical $129Pricier

Pricier than 65% of homes nearby

Living area1,389 ft²
SmallerTypical 1,128 ft²Bigger

Bigger than 72% of homes nearby

Lot size0.41 ac
SmallerTypical 0.19 acBigger

Bigger than 90% of homes nearby

Year built1956
OlderTypical 1950Newer

Newer than 61% of homes nearby

How 5135 Rinehart Ave ranks against every home in each area.
MeasureThis homeGarden CityIndianapolis 46241Marion County
Estimated valuepricier than$196,54377% of homes78% of homes37% of homes
Price per ft²pricier than$14167% of homes65% of homes44% of homes
Living areabigger than1,389 ft²72% of homes72% of homes43% of homes
Lot sizebigger than0.41 ac87% of homes90% of homes83% of homes
Year builtnewer than195660% of homes61% of homes40% of homes

About 5135 Rinehart Ave

How much is 5135 Rinehart Ave, Indianapolis, IN worth?

The TopHap Estimate for 5135 Rinehart Ave, Indianapolis, IN is $196,543 as of Sep 24, 2026. The likely range is $187,065 to $206,021. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5135 Rinehart Ave, Indianapolis, IN last sell?

5135 Rinehart Ave, Indianapolis, IN last sold on Jul 1, 2022 for $205,000, according to the county's recorded deed.

How big is 5135 Rinehart Ave, Indianapolis, IN?

5135 Rinehart Ave, Indianapolis, IN has 3 bedrooms, 1 bathrooms, 1,389 square feet of living space and a 0.41-acre lot.

When was 5135 Rinehart Ave, Indianapolis, IN built?

5135 Rinehart Ave, Indianapolis, IN was built in 1956, making it 70 years old. The building has 1 story.

What schools serve 5135 Rinehart Ave, Indianapolis, IN?

5135 Rinehart Ave, Indianapolis, IN is assigned to Rhoades Elementary School (elementary), rated C; Lynhurst 7th & 8th Grade Center (middle), rated C; Ben Davis High School (high), rated D. All sit in Wayne Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5135 Rinehart Ave, Indianapolis, IN compare to other homes in Indianapolis 46241?

Among the 9,913 homes in Indianapolis 46241, it is worth more than 78% of them ($196,543 against a typical $143,774), its price per square foot is higher than 65% of them ($141 against a typical $129), it is bigger than 72% of them (1,389 ft² against a typical 1,128 ft²), its lot is bigger than 90% of them (0.41 ac against a typical 0.19 ac) and it is newer than 61% of them (1956 against a typical 1950). Measured against all of Marion County, it is worth more than 37% 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 5135 Rinehart Ave, Indianapolis, IN?

The 2024 property tax bill for 5135 Rinehart Ave, Indianapolis, IN was $2,247. The county assessed it at $193,000.

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