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Single Family ResidenceResidential
$220,331$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 95How 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

646 S RACEWAY RD

INDIANAPOLIS, IN 46231
3
Beds
1.5
Baths
1,428 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.
0.46 ac
Lot SizeThe size of the land the home sits on, from county records.
1965
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

$220K
$210K low$231K 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.$155,681
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$124,545
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.29%
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.$64,650
WELLS FARGO BANK · recorded Dec 14, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,585 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$179,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$27,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$151,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$174,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$179,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHENDRICKS
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.1970
Lot (acres)The size of the land the home sits on, from county records.0.46
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
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
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 · 160 ft²Patio · 210 ft²Porch · 100 ft²

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

E
Pine Tree Elementary SchoolB+
Elementary · Grades KG–4 · 3.0 mi
H
Avon High SchoolA+
High · Grades 9–12 · 3.4 mi
M
Avon Middle School SouthA+
Middle · Grades 7–8 · 3.7 mi

District: Avon Community School Corporation

Neighborhood · ZIP 46231These 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.53
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
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.12,061
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.966 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$78,525
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$102,682
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.41 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

646 S Raceway Rd 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 92% of homes in Hendricks County
  • Costs less per square foot than 73% of homes in Hendricks County
  • Smaller than 81% of homes in Hendricks County
  • Has a bigger lot than 89% of homes in Indianapolis 46231
  • Older than 88% of homes in Indianapolis 46231

What homes are worth in Indianapolis 46231

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

This home
$162K$403K

This home is worth more than 13% of homes in Indianapolis 46231.

How it measures up in Indianapolis 46231

The dot is this home. The mark in the middle is the typical home in Indianapolis 46231.

Estimated value$220,331
CheaperTypical $263,744Pricier

Pricier than 13% of homes nearby

Price per ft²$154
CheaperTypical $152Pricier

Pricier than 52% of homes nearby

Living area1,428 ft²
SmallerTypical 1,752 ft²Bigger

Bigger than 28% of homes nearby

Lot size0.46 ac
SmallerTypical 0.2 acBigger

Bigger than 89% of homes nearby

Year built1965
OlderTypical 2001Newer

Newer than 12% of homes nearby

How 646 S Raceway Rd ranks against every home in each area.
MeasureThis homeIndianapolis 46231Hendricks County
Estimated valuepricier than$220,33113% of homes8% of homes
Price per ft²pricier than$15452% of homes27% of homes
Living areabigger than1,428 ft²28% of homes19% of homes
Lot sizebigger than0.46 ac89% of homes67% of homes
Year builtnewer than196512% of homes16% of homes

About 646 S Raceway Rd

How much is 646 S Raceway Rd, Indianapolis, IN worth?

The TopHap Estimate for 646 S Raceway Rd, Indianapolis, IN is $220,331 as of Jul 14, 2026. The likely range is $210,153 to $230,509. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 646 S Raceway Rd, Indianapolis, IN last sell?

646 S Raceway Rd, Indianapolis, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 646 S Raceway Rd, Indianapolis, IN?

646 S Raceway Rd, Indianapolis, IN has 3 bedrooms, 1.5 bathrooms, 1,428 square feet of living space and a 0.46-acre lot.

When was 646 S Raceway Rd, Indianapolis, IN built?

646 S Raceway Rd, Indianapolis, IN was built in 1965, making it 61 years old. The building has 1 story.

What schools serve 646 S Raceway Rd, Indianapolis, IN?

646 S Raceway Rd, Indianapolis, IN is assigned to Pine Tree Elementary School (elementary), rated B+; Avon High School (high), rated A+; Avon Middle School South (middle), rated A+. All sit in Avon Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 646 S Raceway Rd, Indianapolis, IN compare to other homes in Indianapolis 46231?

Among the 3,731 homes in Indianapolis 46231, it is worth more than 13% of them ($220,331 against a typical $263,744), its price per square foot is higher than 52% of them ($154 against a typical $152), it is bigger than 28% of them (1,428 ft² against a typical 1,752 ft²), its lot is bigger than 89% of them (0.46 ac against a typical 0.2 ac) and it is newer than 12% of them (1965 against a typical 2001). Measured against all of Hendricks County, it is worth more than 8% 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 646 S Raceway Rd, Indianapolis, IN?

The 2025 property tax bill for 646 S Raceway Rd, Indianapolis, IN was $1,585. The county assessed it at $179,600.

Closest homes

More homes in Indianapolis 46231

Assigned schools

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