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Single Family ResidenceResidential
$172,979$154 / 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 94How 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

5602 RINEHART AVE

INDIANAPOLIS, IN 46241
3
Beds
1
Baths
1,120 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.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
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.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$173K
$162K low$184K 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.$160,379
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$128,303
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.8%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$12,600
FIRST INDIANA BANK · E · recorded Jan 22, 2004

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,503 (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.$131,900 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$13,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$118,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$131,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$131,900

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.0.23
ConstructionThe main material the home's frame and walls are built from.Stone
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.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

E
Rhoades Elementary SchoolC
Elementary · Grades KG–6 · 0.7 mi
M
Lynhurst 7th & 8th Grade CenterC
Middle · Grades 7–8 · 2.4 mi
H
Ben Davis High SchoolD
High · Grades 10–12 · 2.5 mi

District: Wayne Township Metropolitan School District

Neighborhood · ZIP 46241These 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.105
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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
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.1.3%
PopulationHow many people live in this area.33,896
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,461 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$51,225
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,448
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

5602 Rinehart 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 71% of homes in Marion County
  • Costs more per square foot than 77% of homes in Garden City
  • Smaller than 76% of homes in Marion County
  • Has a bigger lot than 68% of homes in Garden City
  • Newer than 70% of homes in Garden City

What homes are worth in Indianapolis 46241

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

This home
$57K$273K

This home is worth more than 66% of homes in Indianapolis 46241.

How it measures up in Indianapolis 46241

The dot is this home. The mark in the middle is the typical home in Indianapolis 46241.

Estimated value$172,979
CheaperTypical $145,948Pricier

Pricier than 66% of homes nearby

Price per ft²$154
CheaperTypical $131Pricier

Pricier than 75% of homes nearby

Living area1,120 ft²
SmallerTypical 1,128 ft²Bigger

Bigger than 49% of homes nearby

Lot size0.23 ac
SmallerTypical 0.19 acBigger

Bigger than 63% of homes nearby

Year built1963
OlderTypical 1950Newer

Newer than 70% of homes nearby

How 5602 Rinehart Ave ranks against every home in each area.
MeasureThis homeGarden CityIndianapolis 46241Marion County
Estimated valuepricier than$172,97965% of homes66% of homes29% of homes
Price per ft²pricier than$15477% of homes75% of homes55% of homes
Living areabigger than1,120 ft²51% of homes49% of homes24% of homes
Lot sizebigger than0.23 ac68% of homes63% of homes59% of homes
Year builtnewer than196370% of homes70% of homes52% of homes

About 5602 Rinehart Ave

How much is 5602 Rinehart Ave, Indianapolis, IN worth?

The TopHap Estimate for 5602 Rinehart Ave, Indianapolis, IN is $172,979 as of Jul 14, 2026. The likely range is $162,174 to $183,784. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 5602 Rinehart Ave, Indianapolis, IN?

5602 Rinehart Ave, Indianapolis, IN has 3 bedrooms, 1 bathrooms, 1,120 square feet of living space and a 0.23-acre lot.

When was 5602 Rinehart Ave, Indianapolis, IN built?

5602 Rinehart Ave, Indianapolis, IN was built in 1963, making it 63 years old. The building has 1 story.

What schools serve 5602 Rinehart Ave, Indianapolis, IN?

5602 Rinehart Ave, Indianapolis, IN is assigned to Rhoades Elementary School (elementary), rated C; Lynhurst 7th & 8th Grade Center (middle), rated C; Ben Davis High School (high), rated D. All sit in Wayne Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5602 Rinehart Ave, Indianapolis, IN compare to other homes in Indianapolis 46241?

Among the 9,915 homes in Indianapolis 46241, it is worth more than 66% of them ($172,979 against a typical $145,948), its price per square foot is higher than 75% of them ($154 against a typical $131), it is bigger than 49% of them (1,120 ft² against a typical 1,128 ft²), its lot is bigger than 63% of them (0.23 ac against a typical 0.19 ac) and it is newer than 70% of them (1963 against a typical 1950). Measured against all of Marion County, it is worth more than 29% 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 5602 Rinehart Ave, Indianapolis, IN?

The 2024 property tax bill for 5602 Rinehart Ave, Indianapolis, IN was $1,503. The county assessed it at $131,900.

Closest homes

More homes in Indianapolis 46241

Assigned schools

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