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CondominiumResidential
$224,688$114 / 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 97How 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 $116,000 on Jul 11, 2011

5335 ALLERO DR

INDIANAPOLIS, IN 46237
3
Beds
2
Baths
1,963 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.
1,784 ft²
Lot SizeThe size of the land the home sits on, from county records.
2001
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
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

$225K
$217K low$232K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$116,000 · Jul 11, 2011

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,188 (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.$218,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$195,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$218,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$218,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.04
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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
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(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
Arlington Elementary SchoolC+
Elementary · Grades KG–3 · 0.5 mi
H
Franklin Central High SchoolA
High · Grades 9–12 · 2.6 mi
M
Franklin Central Junior High SchoolB
Middle · Grades 7–8 · 4.4 mi

District: Franklin Township Community School Corporation

Neighborhood · ZIP 46237These 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.62
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 100.40

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.96%
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.6.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.45,004
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,029 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,746
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,081
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

5335 Allero 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 less than 95% of homes in Galludet
  • Costs less per square foot than 91% of homes in Galludet
  • Bigger than 72% of homes in Marion County
  • Among the smallest lots in Galludet
  • Newer than 88% of homes in Marion County

What homes are worth in Indianapolis 46237

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

This home
$114K$598K

This home is worth more than 27% of homes in Indianapolis 46237.

How it measures up in Indianapolis 46237

The dot is this home. The mark in the middle is the typical home in Indianapolis 46237.

Estimated value$224,688
CheaperTypical $255,489Pricier

Pricier than 27% of homes nearby

Price per ft²$114
CheaperTypical $155Pricier

Pricier than 10% of homes nearby

Living area1,963 ft²
SmallerTypical 1,663 ft²Bigger

Bigger than 67% of homes nearby

Lot size1,784 ft²
SmallerTypical 0.23 acBigger

Bigger than 6% of homes nearby

Year built2001
OlderTypical 1995Newer

Newer than 73% of homes nearby

How 5335 Allero Dr ranks against every home in each area.
MeasureThis homeGalludetIndianapolis 46237Marion County
Estimated valuepricier than$224,6885% of homes27% of homes48% of homes
Price per ft²pricier than$1149% of homes10% of homes20% of homes
Living areabigger than1,963 ft²43% of homes67% of homes72% of homes
Lot sizebigger than1,784 ft²almost no homes6% of homes3% of homes
Year builtnewer than200137% of homes73% of homes88% of homes

About 5335 Allero Dr

How much is 5335 Allero Dr, Indianapolis, IN worth?

The TopHap Estimate for 5335 Allero Dr, Indianapolis, IN is $224,688 as of Sep 24, 2026. The likely range is $217,126 to $232,250. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5335 Allero Dr, Indianapolis, IN last sell?

5335 Allero Dr, Indianapolis, IN last sold on Jul 11, 2011 for $116,000, according to the county's recorded deed.

How big is 5335 Allero Dr, Indianapolis, IN?

5335 Allero Dr, Indianapolis, IN has 3 bedrooms, 2 bathrooms, 1,963 square feet of living space and a 0.04-acre lot.

When was 5335 Allero Dr, Indianapolis, IN built?

5335 Allero Dr, Indianapolis, IN was built in 2001, making it 25 years old. The building has 2 stories.

What schools serve 5335 Allero Dr, Indianapolis, IN?

5335 Allero Dr, Indianapolis, IN is assigned to Arlington Elementary School (elementary), rated C+; Franklin Central High School (high), rated A; Franklin Central Junior High School (middle), rated B. All sit in Franklin Township Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5335 Allero Dr, Indianapolis, IN compare to other homes in Indianapolis 46237?

Among the 14,055 homes in Indianapolis 46237, it is worth more than 27% of them ($224,688 against a typical $255,489), its price per square foot is higher than 10% of them ($114 against a typical $155), it is bigger than 67% of them (1,963 ft² against a typical 1,663 ft²), its lot is bigger than 6% of them (1,784 ft² against a typical 0.23 ac) and it is newer than 73% of them (2001 against a typical 1995). Measured against all of Marion County, it is worth more than 48% 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 5335 Allero Dr, Indianapolis, IN?

The 2024 property tax bill for 5335 Allero Dr, Indianapolis, IN was $2,188. The county assessed it at $218,800.

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