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Single Family ResidenceResidential
$59,338$69 / 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 75How 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

721 S ADDISON ST

INDIANAPOLIS, IN 46221
2
Beds
0
Baths
864 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.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$59K
$44K low$74K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,101 (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.$59,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$56,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$46,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$59,700

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.14 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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.1980
Lot (acres)The size of the land the home sits on, from county records.0.13
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
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.None
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.

H
George Washington High School
High · Grades 9–12 · 0.6 mi
M
William Penn Middle SchoolF
Middle · Grades 6–8 · 0.7 mi
E
Daniel Webster School 46F
Elementary · Grades PK–5 · 1.0 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46221These 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.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
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.27,491
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,347 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,261
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$76,190
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

721 S Addison 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.

  • Among the least valuable homes in Indianapolis 46221
  • Costs less per square foot than 98% of homes in Marion County
  • Smaller than 92% of homes in Marion County
  • Has a smaller lot than 78% of homes in Indianapolis 46221
  • Older than 79% of homes in Indianapolis 46221

What homes are worth in Indianapolis 46221

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

This home
$65K$335K

This home is worth less than almost all homes in Indianapolis 46221.

How it measures up in Indianapolis 46221

The dot is this home. The mark in the middle is the typical home in Indianapolis 46221.

Estimated value$59,338
CheaperTypical $211,320Pricier

Cheaper than almost all homes nearby

Price per ft²$69
CheaperTypical $146Pricier

Pricier than 5% of homes nearby

Living area864 ft²
SmallerTypical 1,350 ft²Bigger

Bigger than 10% of homes nearby

Lot size0.13 ac
SmallerTypical 0.2 acBigger

Bigger than 22% of homes nearby

Year built1930
OlderTypical 1968Newer

Newer than 21% of homes nearby

How 721 S Addison St ranks against every home in each area.
MeasureThis homeWest IndianapolisIndianapolis 46221Marion County
Estimated valuepricier than$59,3384% of homesalmost no homesalmost no homes
Price per ft²pricier than$6923% of homes5% of homes2% of homes
Living areabigger than864 ft²24% of homes10% of homes8% of homes
Lot sizebigger than0.13 ac53% of homes22% of homes24% of homes
Year builtnewer than193061% of homes21% of homes21% of homes

About 721 S Addison St

How much is 721 S Addison St, Indianapolis, IN worth?

The TopHap Estimate for 721 S Addison St, Indianapolis, IN is $59,338 as of Sep 24, 2026. The likely range is $44,257 to $74,419. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 721 S Addison St, Indianapolis, IN last sell?

721 S Addison St, Indianapolis, IN last sold on Oct 22, 2024, according to the county's recorded deed.

How big is 721 S Addison St, Indianapolis, IN?

721 S Addison St, Indianapolis, IN has 2 bedrooms, 864 square feet of living space and a 0.13-acre lot.

When was 721 S Addison St, Indianapolis, IN built?

721 S Addison St, Indianapolis, IN was built in 1930, making it 96 years old. The building has 1 story.

What schools serve 721 S Addison St, Indianapolis, IN?

721 S Addison St, Indianapolis, IN is assigned to George Washington High School (high); William Penn Middle School (middle), rated F; Daniel Webster School 46 (elementary), rated F. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 721 S Addison St, Indianapolis, IN compare to other homes in Indianapolis 46221?

Among the 9,621 homes in Indianapolis 46221, it is worth more than almost none of them ($59,338 against a typical $211,320), its price per square foot is higher than 5% of them ($69 against a typical $146), it is bigger than 10% of them (864 ft² against a typical 1,350 ft²), its lot is bigger than 22% of them (0.13 ac against a typical 0.2 ac) and it is newer than 21% of them (1930 against a typical 1968). Measured against all of Marion County, it is worth more than almost no 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 721 S Addison St, Indianapolis, IN?

The 2024 property tax bill for 721 S Addison St, Indianapolis, IN was $1,101. The county assessed it at $59,700.

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