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Single Family ResidenceResidential
$1,640,134$325 / 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 76How 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

551 FOREST BLVD

INDIANAPOLIS, IN 46240
4
Beds
5 / 2
Baths
5,052 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.
0.62 ac
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
15
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

$1.6M
$1.2M low$2M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$21,281 (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.$1,493,300 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$115,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,377,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,493,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,493,300

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.12 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1999
Lot (acres)The size of the land the home sits on, from county records.0.62
ConstructionThe main material the home's frame and walls are built from.Brick
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.Slate
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, Basement
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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.

M
Northview Middle SchoolC+
Middle · Grades 6–8 · 1.1 mi
H
North Central High SchoolB+
High · Grades 9–12 · 1.3 mi
E
Greenbriar Elementary SchoolD
Elementary · Grades KG–5 · 1.8 mi

District: Washington Township Metropolitan School District

Neighborhood · ZIP 46240These 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.110
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.100
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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.5%
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.20,973
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,964 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$82,793
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$110,859
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%

Owner Tools

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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

551 Forest Blvd 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.

  • Among the most valuable homes in Marion County
  • Among the highest price per square foot in Marion County
  • Among the largest homes in Marion County
  • Has a bigger lot than 92% of homes in Marion County
  • Older than 96% of homes in Meridian Hills / Williams Creek

What homes are worth in Indianapolis 46240

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

This home
$147K$1.9M

This home is worth more than 98% of homes in Indianapolis 46240.

How it measures up in Indianapolis 46240

The dot is this home. The mark in the middle is the typical home in Indianapolis 46240.

Estimated value$1,640,134
CheaperTypical $353,217Pricier

Pricier than 98% of homes nearby

Price per ft²$325
CheaperTypical $197Pricier

Pricier than 92% of homes nearby

Living area5,052 ft²
SmallerTypical 1,802 ft²Bigger

Bigger than 96% of homes nearby

Lot size0.62 ac
SmallerTypical 0.38 acBigger

Bigger than 80% of homes nearby

Year built1925
OlderTypical 1960Newer

Newer than 6% of homes nearby

How 551 Forest Blvd ranks against every home in each area.
MeasureThis homeMeridian Hills / Williams CreekIndianapolis 46240Marion County
Estimated valuepricier than$1,640,13492% of homes98% of homesalmost all homes
Price per ft²pricier than$32585% of homes92% of homesalmost all homes
Living areabigger than5,052 ft²89% of homes96% of homesalmost all homes
Lot sizebigger than0.62 ac66% of homes80% of homes92% of homes
Year builtnewer than19254% of homes6% of homes16% of homes

About 551 Forest Blvd

How much is 551 Forest Blvd, Indianapolis, IN worth?

The TopHap Estimate for 551 Forest Blvd, Indianapolis, IN is $1,640,134 as of Aug 30, 2026. The likely range is $1,249,152 to $2,031,116. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 551 Forest Blvd, Indianapolis, IN last sell?

551 Forest Blvd, Indianapolis, IN last sold on Apr 15, 2019, according to the county's recorded deed.

How big is 551 Forest Blvd, Indianapolis, IN?

551 Forest Blvd, Indianapolis, IN has 4 bedrooms, 5 bathrooms, 5,052 square feet of living space and a 0.62-acre lot.

When was 551 Forest Blvd, Indianapolis, IN built?

551 Forest Blvd, Indianapolis, IN was built in 1925, making it 101 years old. The building has 2 stories.

What schools serve 551 Forest Blvd, Indianapolis, IN?

551 Forest Blvd, Indianapolis, IN is assigned to Northview Middle School (middle), rated C+; North Central High School (high), rated B+; Greenbriar Elementary School (elementary), rated D. All sit in Washington Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 551 Forest Blvd, Indianapolis, IN compare to other homes in Indianapolis 46240?

Among the 5,828 homes in Indianapolis 46240, it is worth more than 98% of them ($1,640,134 against a typical $353,217), its price per square foot is higher than 92% of them ($325 against a typical $197), it is bigger than 96% of them (5,052 ft² against a typical 1,802 ft²), its lot is bigger than 80% of them (0.62 ac against a typical 0.38 ac) and it is newer than 6% of them (1925 against a typical 1960). Measured against all of Marion County, it is worth more than almost all 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 551 Forest Blvd, Indianapolis, IN?

The 2024 property tax bill for 551 Forest Blvd, Indianapolis, IN was $21,281. The county assessed it at $1,493,300.

More homes on Forest Blvd

Closest homes

More homes in Indianapolis 46240

Assigned schools

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