Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$281,940$226 / 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 96How 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 $279,900 on Nov 3, 2025

5514 W 16TH ST

INDIANAPOLIS, IN 46224
3
Beds
1
Baths
1,248 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.
1943
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$282K
$271K low$293K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$279,900 · Nov 3, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,125 (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.$246,900 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$234,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$246,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$246,900

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.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.1987
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.Wood (Unspecified)
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.Masonry
GarageWhether the property has a garage, and details like whether it is attached to the home.Carport (Unspecified)
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 · 48 ft²

Transaction History(8)

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
Arthur C. Newby Elementary SchoolA
Elementary · Grades KG–6 · 0.3 mi
M
Speedway Junior High SchoolA-
Middle · Grades 7–8 · 0.4 mi
H
Speedway High School
High · Grades 9–12 · 0.9 mi

District: Speedway School Town

Neighborhood · ZIP 46224These 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.95
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.111
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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
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.39,116
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,982 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$53,419
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$64,401
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

Do you own this home?
Claim this home

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

5514 W 16th St 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 90% of homes in Indianapolis 46224
  • Costs more per square foot than 93% of homes in Marion County
  • Smaller than 67% of homes in Marion County
  • Older than 80% of homes in Indianapolis 46224

What homes are worth in Indianapolis 46224

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

This home
$100K$334K

This home is worth more than 90% of homes in Indianapolis 46224.

How it measures up in Indianapolis 46224

The dot is this home. The mark in the middle is the typical home in Indianapolis 46224.

Estimated value$281,940
CheaperTypical $205,529Pricier

Pricier than 90% of homes nearby

Price per ft²$226
CheaperTypical $158Pricier

Pricier than 91% of homes nearby

Living area1,248 ft²
SmallerTypical 1,209 ft²Bigger

Bigger than 56% of homes nearby

Lot size0.16 ac
SmallerTypical 0.18 acBigger

Bigger than 41% of homes nearby

Year built1943
OlderTypical 1958Newer

Newer than 20% of homes nearby

How 5514 W 16th St ranks against every home in each area.
MeasureThis homeSpeedwayIndianapolis 46224Marion County
Estimated valuepricier than$281,94082% of homes90% of homes70% of homes
Price per ft²pricier than$22681% of homes91% of homes93% of homes
Living areabigger than1,248 ft²53% of homes56% of homes33% of homes
Lot sizebigger than0.16 ac38% of homes41% of homes40% of homes
Year builtnewer than194334% of homes20% of homes25% of homes

About 5514 W 16th St

How much is 5514 W 16th St, Indianapolis, IN worth?

The TopHap Estimate for 5514 W 16th St, Indianapolis, IN is $281,940 as of Sep 24, 2026. The likely range is $270,778 to $293,102. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5514 W 16th St, Indianapolis, IN last sell?

5514 W 16th St, Indianapolis, IN last sold on Nov 3, 2025 for $279,900, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5514 W 16th St, Indianapolis, IN?

5514 W 16th St, Indianapolis, IN has 3 bedrooms, 1 bathrooms, 1,248 square feet of living space and a 0.16-acre lot.

When was 5514 W 16th St, Indianapolis, IN built?

5514 W 16th St, Indianapolis, IN was built in 1943, making it 83 years old. The building has 1 story.

What schools serve 5514 W 16th St, Indianapolis, IN?

5514 W 16th St, Indianapolis, IN is assigned to Arthur C. Newby Elementary School (elementary), rated A; Speedway Junior High School (middle), rated A-; Speedway High School (high). All sit in Speedway School Town. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5514 W 16th St, Indianapolis, IN compare to other homes in Indianapolis 46224?

Among the 7,942 homes in Indianapolis 46224, it is worth more than 90% of them ($281,940 against a typical $205,529), its price per square foot is higher than 91% of them ($226 against a typical $158), it is bigger than 56% of them (1,248 ft² against a typical 1,209 ft²), its lot is bigger than 41% of them (0.16 ac against a typical 0.18 ac) and it is newer than 20% of them (1943 against a typical 1958). Measured against all of Marion County, it is worth more than 70% 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 5514 W 16th St, Indianapolis, IN?

The 2024 property tax bill for 5514 W 16th St, Indianapolis, IN was $3,125. The county assessed it at $246,900.

More homes on W 16th St

Closest homes

More homes in Indianapolis 46224

Assigned schools

Explore the area

See this home in context

Open 5514 W 16th St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map