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Single Family ResidenceResidential
$696,985$449 / 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 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

7540 MORNINGSIDE DR

INDIANAPOLIS, IN 46240
2
Beds
1
Baths
1,552 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.
1.49 ac
Lot SizeThe size of the land the home sits on, from county records.
1939
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

$697K
$615K low$779K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,244 (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.$590,900 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$120,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$470,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$590,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$590,900

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.32 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.2010
Lot (acres)The size of the land the home sits on, from county records.1.49
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
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, Detached
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 · 96 ft²

Transaction History(7)

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.

M
Northview Middle SchoolC+
Middle · Grades 6–8 · 1.5 mi
H
North Central High SchoolB+
High · Grades 9–12 · 1.7 mi
E
Greenbriar Elementary SchoolD
Elementary · Grades KG–5 · 2.0 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%

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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

7540 Morningside Dr 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
  • Among the highest price per square foot in Marion County
  • Smaller than 88% of homes in Meridian Hills / Williams Creek
  • Has a bigger lot than 98% of homes in Marion County
  • Older than 90% of homes in Meridian Hills / Williams Creek

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
$146K$1.8M

This home is worth more than 87% 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$696,985
CheaperTypical $353,865Pricier

Pricier than 87% of homes nearby

Price per ft²$449
CheaperTypical $197Pricier

Pricier than 98% of homes nearby

Living area1,552 ft²
SmallerTypical 1,800 ft²Bigger

Bigger than 34% of homes nearby

Lot size1.49 ac
SmallerTypical 0.38 acBigger

Bigger than 97% of homes nearby

Year built1939
OlderTypical 1960Newer

Newer than 10% of homes nearby

How 7540 Morningside Dr ranks against every home in each area.
MeasureThis homeMeridian Hills / Williams CreekIndianapolis 46240Marion County
Estimated valuepricier than$696,98561% of homes87% of homes98% of homes
Price per ft²pricier than$44996% of homes98% of homesalmost all homes
Living areabigger than1,552 ft²12% of homes34% of homes53% of homes
Lot sizebigger than1.49 ac96% of homes97% of homes98% of homes
Year builtnewer than193910% of homes10% of homes22% of homes

About 7540 Morningside Dr

How much is 7540 Morningside Dr, Indianapolis, IN worth?

The TopHap Estimate for 7540 Morningside Dr, Indianapolis, IN is $696,985 as of Aug 30, 2026. The likely range is $614,880 to $779,090. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7540 Morningside Dr, Indianapolis, IN last sell?

7540 Morningside Dr, Indianapolis, IN last sold on Sep 5, 2018, according to the county's recorded deed.

How big is 7540 Morningside Dr, Indianapolis, IN?

7540 Morningside Dr, Indianapolis, IN has 2 bedrooms, 1 bathrooms, 1,552 square feet of living space and a 1.49-acre lot.

When was 7540 Morningside Dr, Indianapolis, IN built?

7540 Morningside Dr, Indianapolis, IN was built in 1939, making it 87 years old. The building has 1 story.

What schools serve 7540 Morningside Dr, Indianapolis, IN?

7540 Morningside Dr, Indianapolis, IN is assigned to Northview Middle School (middle), rated C+; North Central High School (high), rated B+; Greenbriar Elementary School (elementary), rated D. All sit in Washington Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7540 Morningside Dr, Indianapolis, IN compare to other homes in Indianapolis 46240?

Among the 5,828 homes in Indianapolis 46240, it is worth more than 87% of them ($696,985 against a typical $353,865), its price per square foot is higher than 98% of them ($449 against a typical $197), it is bigger than 34% of them (1,552 ft² against a typical 1,800 ft²), its lot is bigger than 97% of them (1.49 ac against a typical 0.38 ac) and it is newer than 10% of them (1939 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 7540 Morningside Dr, Indianapolis, IN?

The 2024 property tax bill for 7540 Morningside Dr, Indianapolis, IN was $8,244. The county assessed it at $590,900.

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