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Single Family ResidenceResidential
$171,633$143 / 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 74How 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

627 W 40TH ST

INDIANAPOLIS, IN 46208
3
Beds
0
Baths
1,202 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.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
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

$172K
$127K low$216K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,678 (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.$173,600 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$150,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$173,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$173,600

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.0.17
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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
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, Detached
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
James Whitcomb Riley School 43F
Elementary · Grades PK–5 · 0.5 mi
H
Shortridge High School
High · Grades 9–12 · 1.1 mi
M
Cold Spring SchoolD+
Middle · Grades KG–8 · 1.8 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46208These 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.114
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

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.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
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.23,830
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,592 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,206
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,898
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

627 W 40th 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 less than 87% of homes in Butler-Tarkington / Rocky Ripple
  • Costs less per square foot than 78% of homes in Butler-Tarkington / Rocky Ripple
  • Smaller than 75% of homes in Butler-Tarkington / Rocky Ripple
  • Has a bigger lot than 75% of homes in Indianapolis 46208
  • Older than 87% of homes in Marion County

What homes are worth in Indianapolis 46208

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

This home
$62K$1.1M

This home is worth more than 46% of homes in Indianapolis 46208.

How it measures up in Indianapolis 46208

The dot is this home. The mark in the middle is the typical home in Indianapolis 46208.

Estimated value$171,633
CheaperTypical $185,470Pricier

Pricier than 46% of homes nearby

Price per ft²$143
CheaperTypical $133Pricier

Pricier than 55% of homes nearby

Living area1,202 ft²
SmallerTypical 1,416 ft²Bigger

Bigger than 36% of homes nearby

Lot size0.17 ac
SmallerTypical 0.13 acBigger

Bigger than 75% of homes nearby

Year built1920
OlderTypical 1927Newer

Newer than 38% of homes nearby

How 627 W 40th St ranks against every home in each area.
MeasureThis homeButler-Tarkington / Rocky RippleIndianapolis 46208Marion County
Estimated valuepricier than$171,63313% of homes46% of homes28% of homes
Price per ft²pricier than$14322% of homes55% of homes45% of homes
Living areabigger than1,202 ft²25% of homes36% of homes30% of homes
Lot sizebigger than0.17 ac60% of homes75% of homes42% of homes
Year builtnewer than192023% of homes38% of homes13% of homes

About 627 W 40th St

How much is 627 W 40th St, Indianapolis, IN worth?

The TopHap Estimate for 627 W 40th St, Indianapolis, IN is $171,633 as of Sep 24, 2026. The likely range is $127,008 to $216,258. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 627 W 40th St, Indianapolis, IN last sell?

627 W 40th St, Indianapolis, IN last sold on Apr 28, 2016, according to the county's recorded deed.

How big is 627 W 40th St, Indianapolis, IN?

627 W 40th St, Indianapolis, IN has 3 bedrooms, 1,202 square feet of living space and a 0.17-acre lot.

When was 627 W 40th St, Indianapolis, IN built?

627 W 40th St, Indianapolis, IN was built in 1920, making it 106 years old. The building has 1 story.

What schools serve 627 W 40th St, Indianapolis, IN?

627 W 40th St, Indianapolis, IN is assigned to James Whitcomb Riley School 43 (elementary), rated F; Shortridge High School (high); Cold Spring School (middle), rated D+. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 627 W 40th St, Indianapolis, IN compare to other homes in Indianapolis 46208?

Among the 8,913 homes in Indianapolis 46208, it is worth more than 46% of them ($171,633 against a typical $185,470), its price per square foot is higher than 55% of them ($143 against a typical $133), it is bigger than 36% of them (1,202 ft² against a typical 1,416 ft²), its lot is bigger than 75% of them (0.17 ac against a typical 0.13 ac) and it is newer than 38% of them (1920 against a typical 1927). Measured against all of Marion County, it is worth more than 28% 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 627 W 40th St, Indianapolis, IN?

The 2024 property tax bill for 627 W 40th St, Indianapolis, IN was $1,678. The county assessed it at $173,600.

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