Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$509,545$233 / 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 Oct 21, 2026

7550 LANTERN RD

INDIANAPOLIS, IN 46256
2 / 1
Baths
2,184 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.
5.04 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$510K
$480K low$539K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,749 (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.$479,700 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$106,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$373,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$479,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$479,700

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.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.1 percent flood zone

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
Lot (acres)The size of the land the home sits on, from county records.5.04
ConstructionThe main material the home's frame and walls are built from.Stone
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, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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
Lawrence North High School
High · Grades 9–12 · 1.1 mi
E
Crestview Elementary SchoolC-
Elementary · Grades 1–6 · 1.1 mi
M
Fall Creek Valley Middle SchoolC
Middle · Grades 7–8 · 1.9 mi

District: Lawrence Township Metropolitan School District

Neighborhood · ZIP 46256These 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.47
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 100.30

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.7%
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.20,922
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,893 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,020
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$121,427
Average tempThe average temperature here across a full year.51°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%

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

7550 Lantern 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 95% of homes in Marion County
  • Costs more per square foot than 97% of homes in I-69/Fall Creek
  • Bigger than 80% of homes in Marion County
  • Among the largest lots in I-69/Fall Creek
  • Older than 91% of homes in Indianapolis 46256

What homes are worth in Indianapolis 46256

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

This home
$178K$1.1M

This home is worth more than 81% of homes in Indianapolis 46256.

How it measures up in Indianapolis 46256

The dot is this home. The mark in the middle is the typical home in Indianapolis 46256.

Estimated value$509,545
CheaperTypical $350,002Pricier

Pricier than 81% of homes nearby

Price per ft²$233
CheaperTypical $178Pricier

Pricier than 94% of homes nearby

Living area2,184 ft²
SmallerTypical 2,096 ft²Bigger

Bigger than 56% of homes nearby

Lot size5.04 ac
SmallerTypical 0.36 acBigger

Bigger than almost all homes nearby

Year built1960
OlderTypical 1985Newer

Newer than 9% of homes nearby

How 7550 Lantern Rd ranks against every home in each area.
MeasureThis homeI-69/Fall CreekIndianapolis 46256Marion County
Estimated valuepricier than$509,54593% of homes81% of homes95% of homes
Price per ft²pricier than$23397% of homes94% of homes94% of homes
Living areabigger than2,184 ft²67% of homes56% of homes80% of homes
Lot sizebigger than5.04 acalmost all homesalmost all homesalmost all homes
Year builtnewer than196010% of homes9% of homes47% of homes

About 7550 Lantern Rd

How much is 7550 Lantern Rd, Indianapolis, IN worth?

The TopHap Estimate for 7550 Lantern Rd, Indianapolis, IN is $509,545 as of Oct 21, 2026. The likely range is $480,287 to $538,803. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7550 Lantern Rd, Indianapolis, IN last sell?

7550 Lantern Rd, Indianapolis, IN last sold on Dec 9, 2015, according to the county's recorded deed.

How big is 7550 Lantern Rd, Indianapolis, IN?

7550 Lantern Rd, Indianapolis, IN has 2 bathrooms, 2,184 square feet of living space and a 5.04-acre lot.

When was 7550 Lantern Rd, Indianapolis, IN built?

7550 Lantern Rd, Indianapolis, IN was built in 1960, making it 66 years old. The building has 2 stories.

What schools serve 7550 Lantern Rd, Indianapolis, IN?

7550 Lantern Rd, Indianapolis, IN is assigned to Lawrence North High School (high); Crestview Elementary School (elementary), rated C-; Fall Creek Valley Middle School (middle), rated C. All sit in Lawrence Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7550 Lantern Rd, Indianapolis, IN compare to other homes in Indianapolis 46256?

Among the 8,150 homes in Indianapolis 46256, it is worth more than 81% of them ($509,545 against a typical $350,002), its price per square foot is higher than 94% of them ($233 against a typical $178), it is bigger than 56% of them (2,184 ft² against a typical 2,096 ft²), its lot is bigger than almost all of them (5.04 ac against a typical 0.36 ac) and it is newer than 9% of them (1960 against a typical 1985). Measured against all of Marion County, it is worth more than 95% 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 7550 Lantern Rd, Indianapolis, IN?

The 2024 property tax bill for 7550 Lantern Rd, Indianapolis, IN was $5,749. The county assessed it at $479,700.

More homes on Lantern Rd

Closest homes

More homes in Indianapolis 46256

Assigned schools

Explore the area

See this home in context

Open 7550 Lantern 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