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Single Family ResidenceResidential
$230,596$160 / 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 83How 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

3940 ROUNDWOOD DR

INDIANAPOLIS, IN 46235
2 / 1
Baths
1,440 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.
4,008 ft²
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$231K
$192K low$269K 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.$4,762
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$3,810
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.98%
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.$225,834
BAILEY & WOOD FINANCIAL GROUP · recorded Oct 31, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,864 (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.$172,600 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$19,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$153,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$172,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$172,600

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.9 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
Lot (acres)The size of the land the home sits on, from county records.0.09
ConstructionThe main material the home's frame and walls are built from.Wood (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.Masonry
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(4)

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
Winding Ridge Elementary SchoolD+
Elementary · Grades 1–6 · 0.9 mi
M
Fall Creek Valley Middle SchoolB-
Middle · Grades 7–8 · 3.2 mi
H
Lawrence North High SchoolC+
High · Grades 9–12 · 5.8 mi

District: Lawrence Township Metropolitan School District

Neighborhood · ZIP 46235These 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.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.115
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
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.33,124
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,569 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$54,441
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$67,599
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%

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

3940 Roundwood 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 84% of homes in Far Eastside
  • Costs more per square foot than 92% of homes in Far Eastside
  • Has a smaller lot than 93% of homes in Far Eastside
  • Newer than 90% of homes in Marion County

What homes are worth in Indianapolis 46235

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

This home
$49K$341K

This home is worth more than 57% of homes in Indianapolis 46235.

How it measures up in Indianapolis 46235

The dot is this home. The mark in the middle is the typical home in Indianapolis 46235.

Estimated value$230,596
CheaperTypical $218,000Pricier

Pricier than 57% of homes nearby

Price per ft²$160
CheaperTypical $127Pricier

Pricier than 85% of homes nearby

Living area1,440 ft²
SmallerTypical 1,577 ft²Bigger

Bigger than 41% of homes nearby

Lot size4,008 ft²
SmallerTypical 0.17 acBigger

Bigger than 7% of homes nearby

Year built2003
OlderTypical 1999Newer

Newer than 67% of homes nearby

How 3940 Roundwood Dr ranks against every home in each area.
MeasureThis homeFar EastsideIndianapolis 46235Marion County
Estimated valuepricier than$230,59684% of homes57% of homes49% of homes
Price per ft²pricier than$16092% of homes85% of homes61% of homes
Living areabigger than1,440 ft²54% of homes41% of homes46% of homes
Lot sizebigger than4,008 ft²7% of homes7% of homes9% of homes
Year builtnewer than200386% of homes67% of homes90% of homes

About 3940 Roundwood Dr

How much is 3940 Roundwood Dr, Indianapolis, IN worth?

The TopHap Estimate for 3940 Roundwood Dr, Indianapolis, IN is $230,596 as of Jul 14, 2026. The likely range is $192,304 to $268,888. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3940 Roundwood Dr, Indianapolis, IN last sell?

3940 Roundwood Dr, Indianapolis, IN last sold on Oct 31, 2025, according to the county's recorded deed.

How big is 3940 Roundwood Dr, Indianapolis, IN?

3940 Roundwood Dr, Indianapolis, IN has 2 bathrooms, 1,440 square feet of living space and a 0.09-acre lot.

When was 3940 Roundwood Dr, Indianapolis, IN built?

3940 Roundwood Dr, Indianapolis, IN was built in 2003, making it 23 years old. The building has 2 stories.

What schools serve 3940 Roundwood Dr, Indianapolis, IN?

3940 Roundwood Dr, Indianapolis, IN is assigned to Winding Ridge Elementary School (elementary), rated D+; Fall Creek Valley Middle School (middle), rated B-; Lawrence North High School (high), rated C+. All sit in Lawrence Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3940 Roundwood Dr, Indianapolis, IN compare to other homes in Indianapolis 46235?

Among the 8,854 homes in Indianapolis 46235, it is worth more than 57% of them ($230,596 against a typical $218,000), its price per square foot is higher than 85% of them ($160 against a typical $127), it is bigger than 41% of them (1,440 ft² against a typical 1,577 ft²), its lot is bigger than 7% of them (4,008 ft² against a typical 0.17 ac) and it is newer than 67% of them (2003 against a typical 1999). Measured against all of Marion County, it is worth more than 49% 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 3940 Roundwood Dr, Indianapolis, IN?

The 2024 property tax bill for 3940 Roundwood Dr, Indianapolis, IN was $1,864. The county assessed it at $172,600.

More homes on Roundwood Dr

Closest homes

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Assigned schools

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