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Single Family ResidenceResidential
$154,787$145 / 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 94How 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 $58,000 on Mar 29, 2012

515 ARMENTROUT LN

INDIANAPOLIS, IN 46241
3
Beds
1
Baths
1,064 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.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
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.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$155K
$146K low$164K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$58,000 · Mar 29, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,562 (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.$136,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$11,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$125,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$136,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$136,800

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.0.20
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Masonry
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 · 81 ft²

Transaction History(1)

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 SchoolD-
Elementary · Grades KG–6 · 0.9 mi
H
Ben Davis High School
High · Grades 10–12 · 2.4 mi
M
Lynhurst 7th & 8th Grade CenterD
Middle · Grades 7–8 · 2.5 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

515 Armentrout Ln 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 less than 77% of homes in Marion County
  • Costs more per square foot than 71% of homes in Garden City
  • Smaller than 79% of homes in Marion County
  • Newer than 70% of homes in Garden City

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
$59K$267K

This home is worth more than 57% 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$154,787
CheaperTypical $144,510Pricier

Pricier than 57% of homes nearby

Price per ft²$145
CheaperTypical $129Pricier

Pricier than 69% of homes nearby

Living area1,064 ft²
SmallerTypical 1,130 ft²Bigger

Bigger than 43% of homes nearby

Lot size0.2 ac
SmallerTypical 0.19 acBigger

Bigger than 53% of homes nearby

Year built1963
OlderTypical 1950Newer

Newer than 69% of homes nearby

How 515 Armentrout Ln ranks against every home in each area.
MeasureThis homeGarden CityIndianapolis 46241Marion County
Estimated valuepricier than$154,78758% of homes57% of homes23% of homes
Price per ft²pricier than$14571% of homes69% of homes48% of homes
Living areabigger than1,064 ft²45% of homes43% of homes21% of homes
Lot sizebigger than0.2 ac57% of homes53% of homes51% of homes
Year builtnewer than196370% of homes69% of homes52% of homes

About 515 Armentrout Ln

How much is 515 Armentrout Ln, Indianapolis, IN worth?

The TopHap Estimate for 515 Armentrout Ln, Indianapolis, IN is $154,787 as of Sep 24, 2026. The likely range is $145,753 to $163,821. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 515 Armentrout Ln, Indianapolis, IN last sell?

515 Armentrout Ln, Indianapolis, IN last sold on Mar 29, 2012 for $58,000, according to the county's recorded deed.

How big is 515 Armentrout Ln, Indianapolis, IN?

515 Armentrout Ln, Indianapolis, IN has 3 bedrooms, 1 bathrooms, 1,064 square feet of living space and a 0.20-acre lot.

When was 515 Armentrout Ln, Indianapolis, IN built?

515 Armentrout Ln, Indianapolis, IN was built in 1963, making it 63 years old. The building has 1 story.

What schools serve 515 Armentrout Ln, Indianapolis, IN?

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

How does 515 Armentrout Ln, Indianapolis, IN compare to other homes in Indianapolis 46241?

Among the 9,912 homes in Indianapolis 46241, it is worth more than 57% of them ($154,787 against a typical $144,510), its price per square foot is higher than 69% of them ($145 against a typical $129), it is bigger than 43% of them (1,064 ft² against a typical 1,130 ft²), its lot is bigger than 53% of them (0.2 ac against a typical 0.19 ac) and it is newer than 69% of them (1963 against a typical 1950). Measured against all of Marion County, it is worth more than 23% 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 515 Armentrout Ln, Indianapolis, IN?

The 2024 property tax bill for 515 Armentrout Ln, Indianapolis, IN was $1,562. The county assessed it at $136,800.

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