Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$736,413$219 / 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 Sep 24, 2026

7244 MERRIAM RD

INDIANAPOLIS, IN 46240
4
Beds
2 / 1
Baths
3,362 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.
0.47 ac
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
11
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

$736K
$690K low$783K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,678 (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.$701,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$58,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$643,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$701,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$701,800

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.2 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.1988
Lot (acres)The size of the land the home sits on, from county records.0.47
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.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.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.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 144 ft²

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.

E
Clearwater Elementary SchoolA-
Elementary · Grades KG–5 · 0.8 mi
M
Eastwood Middle SchoolB-
Middle · Grades 6–8 · 1.5 mi
H
North Central High School
High · Grades 9–12 · 2.2 mi

District: Washington Township Metropolitan School District

Neighborhood · ZIP 46240These 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.110
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 100.38

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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.5%
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.20,973
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,964 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$82,793
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$110,859
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%

Owner Tools

Do you own this home?
Claim this home

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

7244 Merriam 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 more than 98% of homes in Marion County
  • Costs more per square foot than 92% of homes in Marion County
  • Bigger than 96% of homes in Marion County
  • Has a bigger lot than 87% of homes in Marion County
  • Older than 67% of homes in Clearwater

What homes are worth in Indianapolis 46240

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

This home
$145K$1.8M

This home is worth more than 88% of homes in Indianapolis 46240.

How it measures up in Indianapolis 46240

The dot is this home. The mark in the middle is the typical home in Indianapolis 46240.

Estimated value$736,413
CheaperTypical $353,529Pricier

Pricier than 88% of homes nearby

Price per ft²$219
CheaperTypical $197Pricier

Pricier than 67% of homes nearby

Living area3,362 ft²
SmallerTypical 1,811 ft²Bigger

Bigger than 88% of homes nearby

Lot size0.47 ac
SmallerTypical 0.37 acBigger

Bigger than 64% of homes nearby

Year built1966
OlderTypical 1960Newer

Newer than 60% of homes nearby

How 7244 Merriam Rd ranks against every home in each area.
MeasureThis homeClearwaterIndianapolis 46240Marion County
Estimated valuepricier than$736,41388% of homes88% of homes98% of homes
Price per ft²pricier than$21961% of homes67% of homes92% of homes
Living areabigger than3,362 ft²94% of homes88% of homes96% of homes
Lot sizebigger than0.47 ac80% of homes64% of homes87% of homes
Year builtnewer than196633% of homes60% of homes54% of homes

About 7244 Merriam Rd

How much is 7244 Merriam Rd, Indianapolis, IN worth?

The TopHap Estimate for 7244 Merriam Rd, Indianapolis, IN is $736,413 as of Sep 24, 2026. The likely range is $690,162 to $782,664. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7244 Merriam Rd, Indianapolis, IN last sell?

7244 Merriam Rd, Indianapolis, IN last sold on Oct 7, 2014, according to the county's recorded deed.

How big is 7244 Merriam Rd, Indianapolis, IN?

7244 Merriam Rd, Indianapolis, IN has 4 bedrooms, 2 bathrooms, 3,362 square feet of living space and a 0.47-acre lot.

When was 7244 Merriam Rd, Indianapolis, IN built?

7244 Merriam Rd, Indianapolis, IN was built in 1966, making it 60 years old. The building has 2 stories.

What schools serve 7244 Merriam Rd, Indianapolis, IN?

7244 Merriam Rd, Indianapolis, IN is assigned to Clearwater Elementary School (elementary), rated A-; Eastwood Middle School (middle), rated B-; 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 7244 Merriam Rd, Indianapolis, IN compare to other homes in Indianapolis 46240?

Among the 5,827 homes in Indianapolis 46240, it is worth more than 88% of them ($736,413 against a typical $353,529), its price per square foot is higher than 67% of them ($219 against a typical $197), it is bigger than 88% of them (3,362 ft² against a typical 1,811 ft²), its lot is bigger than 64% of them (0.47 ac against a typical 0.37 ac) and it is newer than 60% of them (1966 against a typical 1960). Measured against all of Marion County, it is worth more than 98% 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 7244 Merriam Rd, Indianapolis, IN?

The 2024 property tax bill for 7244 Merriam Rd, Indianapolis, IN was $9,678. The county assessed it at $701,800.

More homes on Merriam Rd

Closest homes

More homes in Indianapolis 46240

Assigned schools

Explore the area

See this home in context

Open 7244 Merriam Rd on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map