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Residential (General/Single)Residential
$91,580
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 66How 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

5528 TERRACE AVE

INDIANAPOLIS, IN 46203
0
Baths
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1974
Year BuiltThe year the home was originally built, according to county records.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$92K
$60K low$123K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$483 (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.$21,000 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$21,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$21,000

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.10 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.Residential (General/Single)
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.21
ConstructionThe main material the home's frame and walls are built from.Wood Frame
HeatingThe type of heating system in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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
Lowell Elementary SchoolD+
Elementary · Grades KG–4 · 1.3 mi
M
Raymond Park Intermediate and Middle SchoolD
Middle · Grades 5–8 · 3.1 mi
H
Warren Central High School
High · Grades 9–12 · 4.7 mi

District: Warren Township Metropolitan School District

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%

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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

5528 Terrace Ave 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 less than 97% of homes in Southeast
  • Has a bigger lot than 78% of homes in Indianapolis 46203
  • Newer than 84% of homes in Indianapolis 46203

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
$75K$495K

This home is worth more than 8% 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$91,580
CheaperTypical $154,765Pricier

Pricier than 8% of homes nearby

Lot size0.21 ac
SmallerTypical 0.13 acBigger

Bigger than 78% of homes nearby

Year built1974
OlderTypical 1947Newer

Newer than 84% of homes nearby

How 5528 Terrace Ave ranks against every home in each area.
MeasureThis homeSoutheastIndianapolis 46203Marion County
Estimated valuepricier than$91,5803% of homes8% of homes5% of homes
Lot sizebigger than0.21 ac38% of homes78% of homes54% of homes
Year builtnewer than197464% of homes84% of homes61% of homes

About 5528 Terrace Ave

How much is 5528 Terrace Ave, Indianapolis, IN worth?

The TopHap Estimate for 5528 Terrace Ave, Indianapolis, IN is $91,580 as of Sep 24, 2026. The likely range is $60,150 to $123,010. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5528 Terrace Ave, Indianapolis, IN last sell?

5528 Terrace Ave, Indianapolis, IN last sold on Aug 24, 2016, according to the county's recorded deed.

When was 5528 Terrace Ave, Indianapolis, IN built?

5528 Terrace Ave, Indianapolis, IN was built in 1974, making it 52 years old.

What schools serve 5528 Terrace Ave, Indianapolis, IN?

5528 Terrace Ave, Indianapolis, IN is assigned to Lowell Elementary School (elementary), rated D+; Raymond Park Intermediate and Middle School (middle), rated D; Warren Central High School (high). All sit in Warren Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5528 Terrace Ave, Indianapolis, IN compare to other homes in Indianapolis 46203?

Among the 15,946 homes in Indianapolis 46203, it is worth more than 8% of them ($91,580 against a typical $154,765), its lot is bigger than 78% of them (0.21 ac against a typical 0.13 ac) and it is newer than 84% of them (1974 against a typical 1947). Measured against all of Marion County, it is worth more than 5% 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 5528 Terrace Ave, Indianapolis, IN?

The 2024 property tax bill for 5528 Terrace Ave, Indianapolis, IN was $483. The county assessed it at $21,000.

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