1140 Alderly Rd is a 4,774 square foot house on a 0.84 acre lot with 5 bedrooms and 3.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $788,770.
Single-familyProperty Type
1973Year Built
0.84 acresLot Size
$165Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$788,770
$12K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 14.7% higher than the average sale price ($688K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$9,428 (+9.2%)
$113,100 + $586,000
$699,100
2024
$8,632 (−14.4%)
$113,100 + $492,300
$605,400
2023
$10,078 (+5.5%)
$113,100 + $492,300
$605,400
2022
$9,550 (+38.9%)
$113,100 + $572,400
$685,500
2021
$6,875 (+7.0%)
$86,100 + $372,100
$458,200
2020
$6,425 (+6.9%)
$86,100 + $372,100
$458,200
2019
$6,013 (+2.9%)
$86,100 + $364,800
$450,900
2018
$5,841 (+1.5%)
$86,100 + $364,800
$450,900
2017
$5,752 (+9.1%)
$86,100 + $361,400
$447,500
2016
$5,274 (+8.0%)
$86,100 + $361,400
$447,500
2015
$4,883 (−0.1%)
$86,100 + $354,400
$440,500
2014
$4,890 (−15.4%)
$86,100 + $354,400
$440,500
2013
$5,781
$86,100 + $356,700
$442,800
Tax history for 1140 Alderly Rd
Year
Property tax
Land + Additions
Assessment*
2025
$9,428 (+9.2%)
$113,100 + $586,000
$699,100
2024
$8,632 (−14.4%)
$113,100 + $492,300
$605,400
2023
$10,078 (+5.5%)
$113,100 + $492,300
$605,400
2022
$9,550 (+38.9%)
$113,100 + $572,400
$685,500
2021
$6,875 (+7.0%)
$86,100 + $372,100
$458,200
2020
$6,425 (+6.9%)
$86,100 + $372,100
$458,200
2019
$6,013 (+2.9%)
$86,100 + $364,800
$450,900
2018
$5,841 (+1.5%)
$86,100 + $364,800
$450,900
2017
$5,752 (+9.1%)
$86,100 + $361,400
$447,500
2016
$5,274 (+8.0%)
$86,100 + $361,400
$447,500
2015
$4,883 (−0.1%)
$86,100 + $354,400
$440,500
2014
$4,890 (−15.4%)
$86,100 + $354,400
$440,500
2013
$5,781
$86,100 + $356,700
$442,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D1
METRO
Dwelling District One
The D-1 District is intended for use in suburban areas. The D-1 District has a typical density of 0.9 units per gross acre which fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. The D-1 District provides for estate-style development characterized by generous front yards for trees and a bucolic atmosphere, appropriately served by gently curving roadways. Under most circumstances, public water and sewer facilities should be present but are not mandatory. Development plans should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife. Use of the cluster option when subdividing would maximize site advantages.
Zone overlays
Metro Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Communications tower
Park & open space
Jun 5, 2000 • Active
Heating & cooling permit-1-2 family-replacement
HVAC
Oct 22, 1996 • Final
Heating & cooling permit-1-2 family-replacement
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,196
Basement Type: Partial
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1
# of Bathroom Fixtures: 16
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 14
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Pool Information
Has Pool
Property Information
Subdivision Name: PICKWICK II 2ND SEC
Living Sq. Ft: 4,774
Adjusted Gross Sq. Ft: 5,970
Ground Floor Sq. Ft: 1,826
Building Sq. Ft: 6,738
# of Stories: 2
Legal Description: PICKWICK COMMONS 2ND SEC PT L48 & L49 BEG 27' ONCURVE FROM SW COR L48; SE ALONG ALDERLY RD 134'NE228.85' NW98.92' NW148.59' SW208.92'TO BEG
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 768
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 36,455
Legal Lot Number: 48
Municipality Name: WASHINGTON,OUTSIDE
Acres: 0.8369
Depth Footage: 217
Front Footage: 168
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Location Information
Parcel Location Influence: Extra Front
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 5
Baths: 3.5
Sq. Ft.: 4,774
Stories: 2.0
Lot Size: 0.84 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: 1973
County: Marion County
APN: 490315109009000800
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Spring Mill Elementary School
Public K-5 • Assigned • 1.1mi
3/10
Northview Middle School
Public 6-8 • Assigned • 2.6mi
8/10
North Central High School
Public 9-12 • Assigned • 2.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46260
Average low and high temperatures (°F)
33
17
43
26
61
39
69
48
72
53
83
65
88
70
83
63
82
58
71
48
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$750,000 – $908,000
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