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Single Family ResidenceResidential
$256,259$166 / 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 90How 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 $247,000 on May 22, 2025

540 LOUISE DR

INDIANAPOLIS, IN 46217
3
Beds
1
Baths
1,544 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.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1993
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.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$256K
$231K low$282K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$247,000 · May 22, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,961 (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.$233,000 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$29,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$203,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$233,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$233,000

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.0.23
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
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(7)

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.

H
Perry Meridian High School
High · Grades 9–12 · 0.6 mi
M
Perry Meridian Middle SchoolA-
Middle · Grades 7–8 · 0.6 mi
E
Glenns Valley Elementary SchoolC+
Elementary · Grades 1–5 · 1.6 mi

District: Perry Township Metropolitan School District

Neighborhood · ZIP 46217These 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.49
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

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.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.35,131
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,555 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$82,958
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$97,366
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

540 Louise 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.

  • Costs more per square foot than 68% of homes in Marion County
  • Has a smaller lot than 77% of homes in Lindon Wood
  • Newer than 76% of homes in Lindon Wood

What homes are worth in Indianapolis 46217

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

This home
$134K$483K

This home is worth more than 55% of homes in Indianapolis 46217.

How it measures up in Indianapolis 46217

The dot is this home. The mark in the middle is the typical home in Indianapolis 46217.

Estimated value$256,259
CheaperTypical $249,916Pricier

Pricier than 55% of homes nearby

Price per ft²$166
CheaperTypical $154Pricier

Pricier than 67% of homes nearby

Living area1,544 ft²
SmallerTypical 1,667 ft²Bigger

Bigger than 40% of homes nearby

Lot size0.23 ac
SmallerTypical 0.27 acBigger

Bigger than 40% of homes nearby

Year built1993
OlderTypical 1989Newer

Newer than 54% of homes nearby

How 540 Louise Dr ranks against every home in each area.
MeasureThis homeLindon WoodIndianapolis 46217Marion County
Estimated valuepricier than$256,25955% of homes55% of homes61% of homes
Price per ft²pricier than$16663% of homes67% of homes68% of homes
Living areabigger than1,544 ft²43% of homes40% of homes52% of homes
Lot sizebigger than0.23 ac23% of homes40% of homes59% of homes
Year builtnewer than199376% of homes54% of homes76% of homes

About 540 Louise Dr

How much is 540 Louise Dr, Indianapolis, IN worth?

The TopHap Estimate for 540 Louise Dr, Indianapolis, IN is $256,259 as of Sep 24, 2026. The likely range is $230,589 to $281,929. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Louise Dr, Indianapolis, IN last sell?

540 Louise Dr, Indianapolis, IN last sold on May 22, 2025 for $247,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 540 Louise Dr, Indianapolis, IN?

540 Louise Dr, Indianapolis, IN has 3 bedrooms, 1 bathrooms, 1,544 square feet of living space and a 0.23-acre lot.

When was 540 Louise Dr, Indianapolis, IN built?

540 Louise Dr, Indianapolis, IN was built in 1993, making it 33 years old. The building has 1 story.

What schools serve 540 Louise Dr, Indianapolis, IN?

540 Louise Dr, Indianapolis, IN is assigned to Perry Meridian High School (high); Perry Meridian Middle School (middle), rated A-; Glenns Valley Elementary School (elementary), rated C+. All sit in Perry Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Louise Dr, Indianapolis, IN compare to other homes in Indianapolis 46217?

Among the 11,877 homes in Indianapolis 46217, it is worth more than 55% of them ($256,259 against a typical $249,916), its price per square foot is higher than 67% of them ($166 against a typical $154), it is bigger than 40% of them (1,544 ft² against a typical 1,667 ft²), its lot is bigger than 40% of them (0.23 ac against a typical 0.27 ac) and it is newer than 54% of them (1993 against a typical 1989). Measured against all of Marion County, it is worth more than 61% 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 540 Louise Dr, Indianapolis, IN?

The 2024 property tax bill for 540 Louise Dr, Indianapolis, IN was $2,961. The county assessed it at $233,000.

More homes on Louise Dr

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Assigned schools

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