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CondominiumResidential
$271,757$136 / 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 Aug 30, 2026
Last sold for $260,000 on Oct 5, 2023

5365 CHIPWOOD LN

INDIANAPOLIS, IN 46226
2 / 1
Baths
1,998 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.
2,614 ft²
Lot SizeThe size of the land the home sits on, from county records.
1987
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

$272K
$256K low$288K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$260,000 · Oct 5, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,146 (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.$264,200 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$29,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$234,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$264,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$264,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyMarion
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.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(6)

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
Robert Lee Frost School 106D
Elementary · Grades KG–5 · 0.3 mi
M
Arlington Middle SchoolC
Middle · Grades 6–8 · 0.8 mi
H
Purdue Polytechnic High School Broad RippleD-
High · Grades 9–12 · 3.5 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46226These 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.124
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 100.31

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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.43,792
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,210 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$47,427
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$61,159
Average tempThe average temperature here across a full year.51°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

5365 Chipwood 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 more than 89% of homes in Indianapolis 46226
  • Bigger than 86% of homes in Indianapolis 46226
  • Has a smaller lot than 96% of homes in Indianapolis 46226
  • Newer than 98% of homes in Indianapolis 46226

What homes are worth in Indianapolis 46226

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

This home
$87K$469K

This home is worth more than 89% of homes in Indianapolis 46226.

How it measures up in Indianapolis 46226

The dot is this home. The mark in the middle is the typical home in Indianapolis 46226.

Estimated value$271,757
CheaperTypical $157,517Pricier

Pricier than 89% of homes nearby

Price per ft²$136
CheaperTypical $126Pricier

Pricier than 63% of homes nearby

Living area1,998 ft²
SmallerTypical 1,296 ft²Bigger

Bigger than 86% of homes nearby

Lot size2,614 ft²
SmallerTypical 0.21 acBigger

Bigger than 4% of homes nearby

Year built1987
OlderTypical 1957Newer

Newer than 98% of homes nearby

How 5365 Chipwood Ln ranks against every home in each area.
MeasureThis homeBrendonwoodIndianapolis 46226Marion County
Estimated valuepricier than$271,75747% of homes89% of homes66% of homes
Price per ft²pricier than$13652% of homes63% of homes38% of homes
Living areabigger than1,998 ft²40% of homes86% of homes74% of homes
Lot sizebigger than2,614 ft²22% of homes4% of homes5% of homes
Year builtnewer than198796% of homes98% of homes70% of homes

About 5365 Chipwood Ln

How much is 5365 Chipwood Ln, Indianapolis, IN worth?

The TopHap Estimate for 5365 Chipwood Ln, Indianapolis, IN is $271,757 as of Aug 30, 2026. The likely range is $255,916 to $287,598. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5365 Chipwood Ln, Indianapolis, IN last sell?

5365 Chipwood Ln, Indianapolis, IN last sold on Oct 5, 2023 for $260,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 5365 Chipwood Ln, Indianapolis, IN?

5365 Chipwood Ln, Indianapolis, IN has 2 bathrooms and 1,998 square feet of living space.

When was 5365 Chipwood Ln, Indianapolis, IN built?

5365 Chipwood Ln, Indianapolis, IN was built in 1987, making it 39 years old. The building has 1 story.

What schools serve 5365 Chipwood Ln, Indianapolis, IN?

5365 Chipwood Ln, Indianapolis, IN is assigned to Robert Lee Frost School 106 (elementary), rated D; Arlington Middle School (middle), rated C; Purdue Polytechnic High School Broad Ripple (high), rated D-. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5365 Chipwood Ln, Indianapolis, IN compare to other homes in Indianapolis 46226?

Among the 14,555 homes in Indianapolis 46226, it is worth more than 89% of them ($271,757 against a typical $157,517), its price per square foot is higher than 63% of them ($136 against a typical $126), it is bigger than 86% of them (1,998 ft² against a typical 1,296 ft²), its lot is bigger than 4% of them (2,614 ft² against a typical 0.21 ac) and it is newer than 98% of them (1987 against a typical 1957). Measured against all of Marion County, it is worth more than 66% 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 5365 Chipwood Ln, Indianapolis, IN?

The 2024 property tax bill for 5365 Chipwood Ln, Indianapolis, IN was $3,146. The county assessed it at $264,200.

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