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Single Family ResidenceResidential
$302,489$138 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

5550 CHESTER LN

INDIANAPOLIS, IN 46220
5
Beds
1
Baths
2,190 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.
0.73 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
9
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

$302K
$282K low$322K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,898 (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.$233,300 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$49,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$184,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$233,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$233,300

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.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
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.1961
Lot (acres)The size of the land the home sits on, from county records.0.73
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.Yes
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 · 96 ft²Patio · 1,500 ft²

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

M
Eastwood Middle SchoolB-
Middle · Grades 6–8 · 1.0 mi
E
Clearwater Elementary SchoolA-
Elementary · Grades KG–5 · 3.0 mi
H
North Central High School
High · Grades 9–12 · 4.3 mi

District: Washington Township Metropolitan School District

Neighborhood · ZIP 46220These 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.85
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 100.32

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.36,029
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,893 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,729
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,095
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

5550 Chester Ln 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 75% of homes in Marion County
  • Costs less per square foot than 93% of homes in Indianapolis 46220
  • Bigger than 82% of homes in Millersville
  • Has a bigger lot than 94% of homes in Marion County
  • Newer than 67% of homes in Indianapolis 46220

What homes are worth in Indianapolis 46220

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

This home
$162K$1M

This home is worth more than 41% of homes in Indianapolis 46220.

How it measures up in Indianapolis 46220

The dot is this home. The mark in the middle is the typical home in Indianapolis 46220.

Estimated value$302,489
CheaperTypical $327,403Pricier

Pricier than 41% of homes nearby

Price per ft²$138
CheaperTypical $210Pricier

Pricier than 7% of homes nearby

Living area2,190 ft²
SmallerTypical 1,638 ft²Bigger

Bigger than 73% of homes nearby

Lot size0.73 ac
SmallerTypical 0.22 acBigger

Bigger than 92% of homes nearby

Year built1955
OlderTypical 1950Newer

Newer than 67% of homes nearby

How 5550 Chester Ln ranks against every home in each area.
MeasureThis homeMillersvilleIndianapolis 46220Marion County
Estimated valuepricier than$302,48961% of homes41% of homes75% of homes
Price per ft²pricier than$13817% of homes7% of homes40% of homes
Living areabigger than2,190 ft²82% of homes73% of homes80% of homes
Lot sizebigger than0.73 ac93% of homes92% of homes94% of homes
Year builtnewer than195551% of homes67% of homes39% of homes

About 5550 Chester Ln

How much is 5550 Chester Ln, Indianapolis, IN worth?

The TopHap Estimate for 5550 Chester Ln, Indianapolis, IN is $302,489 as of Oct 21, 2026. The likely range is $282,485 to $322,493. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 5550 Chester Ln, Indianapolis, IN?

5550 Chester Ln, Indianapolis, IN has 5 bedrooms, 1 bathrooms, 2,190 square feet of living space and a 0.73-acre lot.

When was 5550 Chester Ln, Indianapolis, IN built?

5550 Chester Ln, Indianapolis, IN was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 5550 Chester Ln, Indianapolis, IN?

5550 Chester Ln, Indianapolis, IN is assigned to Eastwood Middle School (middle), rated B-; Clearwater Elementary School (elementary), rated A-; North Central High School (high). All sit in Washington Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5550 Chester Ln, Indianapolis, IN compare to other homes in Indianapolis 46220?

Among the 13,815 homes in Indianapolis 46220, it is worth more than 41% of them ($302,489 against a typical $327,403), its price per square foot is higher than 7% of them ($138 against a typical $210), it is bigger than 73% of them (2,190 ft² against a typical 1,638 ft²), its lot is bigger than 92% of them (0.73 ac against a typical 0.22 ac) and it is newer than 67% of them (1955 against a typical 1950). Measured against all of Marion County, it is worth more than 75% 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 5550 Chester Ln, Indianapolis, IN?

The 2024 property tax bill for 5550 Chester Ln, Indianapolis, IN was $2,898. The county assessed it at $233,300.

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