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Single Family ResidenceResidential
$265,230$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 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

5509 FOREST RIDGE CT

INDIANAPOLIS, IN 46203
4
Beds
3 / 1
Baths
1,834 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
2000
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
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

$265K
$252K low$279K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$265,230
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$212,184

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,178 (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.$231,300 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$22,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$209,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$231,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$231,300

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

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.0.16
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
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 · 120 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Beech Grove High SchoolD-
High · Grades 9–12 · 0.2 mi
E
Hornet Park Elementary School
Elementary · Grades PK–1 · 0.3 mi
M
Beech Grove Middle SchoolA-
Middle · Grades 7–8 · 1.7 mi

District: Beech Grove City Schools

Neighborhood · ZIP 46203These 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.128
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 100.36

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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
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.39,395
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,862 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,786
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$71,941
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

5509 Forest Ridge Ct 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 91% of homes in Beech Grove
  • Bigger than 86% of homes in Beech Grove
  • Has a bigger lot than 65% of homes in Indianapolis 46203
  • Among the newest homes in Beech Grove

What homes are worth in Indianapolis 46203

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

This home
$71K$521K

This home is worth more than 84% of homes in Indianapolis 46203.

How it measures up in Indianapolis 46203

The dot is this home. The mark in the middle is the typical home in Indianapolis 46203.

Estimated value$265,230
CheaperTypical $158,371Pricier

Pricier than 84% of homes nearby

Price per ft²$145
CheaperTypical $134Pricier

Pricier than 60% of homes nearby

Living area1,834 ft²
SmallerTypical 1,188 ft²Bigger

Bigger than 80% of homes nearby

Lot size0.16 ac
SmallerTypical 0.13 acBigger

Bigger than 65% of homes nearby

Year built2000
OlderTypical 1947Newer

Newer than 89% of homes nearby

How 5509 Forest Ridge Ct ranks against every home in each area.
MeasureThis homeBeech GroveIndianapolis 46203Marion County
Estimated valuepricier than$265,23091% of homes84% of homes64% of homes
Price per ft²pricier than$14542% of homes60% of homes46% of homes
Living areabigger than1,834 ft²86% of homes80% of homes67% of homes
Lot sizebigger than0.16 ac44% of homes65% of homes37% of homes
Year builtnewer than2000almost all homes89% of homes86% of homes

About 5509 Forest Ridge Ct

How much is 5509 Forest Ridge Ct, Indianapolis, IN worth?

The TopHap Estimate for 5509 Forest Ridge Ct, Indianapolis, IN is $265,230 as of Jul 14, 2026. The likely range is $251,896 to $278,564. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 5509 Forest Ridge Ct, Indianapolis, IN?

5509 Forest Ridge Ct, Indianapolis, IN has 4 bedrooms, 3 bathrooms, 1,834 square feet of living space and a 0.16-acre lot.

When was 5509 Forest Ridge Ct, Indianapolis, IN built?

5509 Forest Ridge Ct, Indianapolis, IN was built in 2000, making it 26 years old. The building has 2 stories.

What schools serve 5509 Forest Ridge Ct, Indianapolis, IN?

5509 Forest Ridge Ct, Indianapolis, IN is assigned to Beech Grove High School (high), rated D-; Hornet Park Elementary School (elementary); Beech Grove Middle School (middle), rated A-. All sit in Beech Grove City Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5509 Forest Ridge Ct, Indianapolis, IN compare to other homes in Indianapolis 46203?

Among the 15,950 homes in Indianapolis 46203, it is worth more than 84% of them ($265,230 against a typical $158,371), its price per square foot is higher than 60% of them ($145 against a typical $134), it is bigger than 80% of them (1,834 ft² against a typical 1,188 ft²), its lot is bigger than 65% of them (0.16 ac against a typical 0.13 ac) and it is newer than 89% of them (2000 against a typical 1947). Measured against all of Marion County, it is worth more than 64% 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 5509 Forest Ridge Ct, Indianapolis, IN?

The 2024 property tax bill for 5509 Forest Ridge Ct, Indianapolis, IN was $3,178. The county assessed it at $231,300.

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